Global E-Motorcycles Market Overview:
E- Motorcycle is also called as electrical motorcycle. It is plug –in electrical vehicles. In this motorcycle electricity is kept on board in a rechargeable battery, which drives one or more electric motors. The main difference in e motorcycle and fuel based motorcycles is gas fuel in a conventional motorcycle is exchanged by either batteries or fuel cells in an electric type. There are three type of batteries present in the e motorcycles such as SLA, Li-ion and NiMH. Some of the key players profiled in the study are Energica Motor Company (Italy), Lightning Motorcycle (United States), SAROLÉA (Belgium), Zero Motorcycles (United States), ALTA MOTORS (United States), CAKE (United States), KTM Sportmotorcycle (Austria), Polaris Industries (United States), Saietta Group (United Kingdom) and Emflux Motors (India).
On the basis of geography, the market of E-Motorcycles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the E-Motorcycles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Battery, the sub-segment i.e. SLA will boost the E-Motorcycles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage, the sub-segment i.e. 24V will boost the E-Motorcycles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Less Maintenance Compared To Other Gasoline Vehicles
- Increase in Household Income
- Rising Demand Due To Fluctuating Fuel Prices
- Adoption of Long Mile Range Motorcycles
- Lack of Infrastructure for battery
- High Cost Associated with E- Motorcycle
- Higher Adoption of the Electric Motorcycles & Scooters in the Emerging Nations
- Huge Demand Due to Rapid Urbanizations and Rising Awareness about Benefit
- Durability of Rechargeable Batteries
Major Market Developments:
On3rd March 2018, Harley-Davidson (key player of motorcycles) and Alta Motors are collaborated for electrical motorcycle revolution.
On 19th November 2018, Energica Motor Company an Italian manufacturer of electric motorcycles has unveiled the Bolid-E, at EICMA 2018
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Electrical Motorcycles Manufactures, Electrical Motorcycles Suppliers/Distributors, Electrical Motorcycles Industry Association, Government regulatory bodies, Government and Private Research Organization and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global E-Motorcycles market on the basis of product [Motorcycles and Scooters] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the E-Motorcycles market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the E-Motorcycles industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Johammer e-mobility (Austria) and Tork motors (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the E-Motorcycles market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.