Press release
Premium Electric Motorcycle Market Share 2026 Thriving Worldwide: Key Players - Harley Davidson, Inc., Evoke Motorcycles, Hadin Motorcycles, KTM Sportmotorcycle GmbH, Emflux Motors, Lightning Motorcycles, Arc Vehicle Ltd
Moreover, other technological advancements, like the advent of Lithium-ion battery technology, might foster the growth of premium electric motorcycles industry over the forthcoming years. According to new research report., the premium electric motorcycle market is expected to surpass USD 7 billion by 2026.
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Rising concerns towards environmental conservation and lowering carbon emissions have facilitated an increase in the demand for premium electric motorcycles. Technological innovations made recently in electric engines and batteries have enabled automakers to develop advanced electric vehicles. These vehicles are capable of delivering premium as well as high-speed driving experience to users.
Moreover, other technological advancements, like the advent of Lithium-ion battery technology, might foster the growth of premium electric motorcycles industry over the forthcoming years. According to new research report., the premium electric motorcycle market is expected to surpass USD 7 billion by 2026.
Based on product, the market is segmented into sports and off-road electric motorcycles. Out of these, the sports electric motorcycles segment is anticipated to witness significant growth owing to the product's ability to deliver maximum efficiency at higher speed. Companies operating in this market generally offer electric sports bikes that offer top speeds of up to 200 km/h, and reaching 0-100 km/h within 3.2 seconds. Growing initiatives to conduct electric bike racing events may facilitate the demand for electric sports bikes in the forthcoming years.
They are also capable of offering maximum torque, enhanced speed, improved aesthetics, and significant traveling range compared to IC engine-based motorcycles. It would be imperative to state that the demand for high-performance electric motorcycles could thereby witness exponential demand in the coming years.
Various federal authorities worldwide are offering huge subsidies to promote the adoption of electric vehicles to lower carbon emissions. State-funded organizations, as well as prominent players are focusing on setting up state-of-the-art charging infrastructure in order to back the growing demand for electric motorcycles.
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Regulators in the U.S. have shifted their focus towards deploying more charging stations in the country. Authorities believe that this move would support the production and adoption of electric motorcycle in the region. Rising disposable incomes among North American citizen could amplify the premium electric motorcycle industry in the future.
Despite this, high priced batteries make premium electric motorcycles considerably costly compared to IC engine counterparts. This factor could hinder the premium electric motorcycle market growth.
Nevertheless, in a move to address these impending challenges, manufacturers have started to work on new battery technology that could lower the overall cost of such electric bikes.
Harley Davidson, Inc., Energica Motor Company S.p.A., Evoke Motorcycles, Zero Motorcycles, IV electrics, Hadin Motorcycles, KTM Sportmotorcycle GmbH, Emflux Motors, Lightning Motorcycles, Arc Vehicle Ltd. and Ultraviolette Automotive Pvt Ltd are some of the major players partaking in premium electric motorcycle industry share.
Manufacturers of these vehicles are integrating latest technologies like fast charging, artificial intelligence, and battery management systems in their new vehicle variants. Moreover, these firms have begun to explore various inorganic and organic growth strategies like buyouts and mergers in order to maintain a competitive edge over rivals.
Table of content:
Chapter 1. Methodology and Scope
1.1. Definitions & forecast parameters
1.1.1. Definitions
1.1.2. Methodology and forecast parameters
1.2. Data Sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Premium electric motorcycle industry 360 degree synopsis, 2015 - 2026
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Battery capacity trends
2.1.4. Regional trends
Chapter 3. Premium Electric Motorcycle Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 - 2026
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. Software & technology providers
3.3.4. System integrators
3.3.5. Distribution channel analysis
3.3.6. End-use landscape
3.3.7. Vendor matrix
3.4. Roadmap for premium electric motorcycles
3.5. Technology & innovation landscape
3.6. Regulatory landscape
3.6.1.1. North America
3.6.1.2. Europe
3.6.1.3. Asia Pacific
3.6.1.4. Latin America
3.6.1.5. MEA
3.7. Pricing trends
3.7.1.1. North America
3.7.1.2. Europe
3.7.1.3. Asia Pacific
3.7.1.4. Latin America
3.7.1.5. MEA
3.8. Industry impact forces
3.8.1. Growth drivers
3.8.1.1. Growing concerns about the rising carbon emission across the globe
3.8.1.2. Presence of several premium electric motorcycle manufacturers in North America and Europe
Related Report:
Global Premium Electric Motorcycle Market Research Report 2020
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
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