Press release
Impact of Covid-19 on Electric Motorcycles Market 2020: Business Strategy, Prosperous Growth, Recent Trends & Demand by Top Vendors- Essence Motorcycles, Razor USA LLC.
The Electric Motorcycles Market is predicted to grow at a 10.35% CAGR between 2018- 2025, states the recent Market Research Future (MRFR) analysis. An electric motorcycle, simply put, is a motorcycle that runs on electricity and works through a motor. This vehicle has been specially designed for higher speeds and has high-speed handling characteristics & enhanced acceleration. Electric motorcycles are ideal for highway speeds & beyond or slow urban commutes.Various factors are propelling the global e-motorcycles market share. According to the recent MRFR report, such factors include the entry of several top original equipment manufacturers, falling battery prices, low maintenance, and operational costs, depleting oil reserves worldwide, initiatives by the government to adopt green vehicles, and growing investments in car charging infrastructure. Additional factors adding market growth include growing interest from large scale manufacturers, incorporation of low noise levels, regenerative braking, high mechanical efficiency, and comparatively economical maintenance costs, growing adoption of eco-friendly cars.
Key Players
Key players profiled in the global electric motorcycles market report include Essence Motorcycles (France), Razor USA LLC. (US), LITO MOTORCYCLES (France), Electric Motion (France), Husqvarna Motorcycles GmbH (Austria), Blacksmith Electric (India), Torkmotors (India), TACITA SRL (Italy), Alta Motors (US), Johammer e-mobility GmbH (Germany), Bell Custom Cycles (BCC) (US), Energica Motor Company S.p.A.(Italy), Revolt Motors (India), and Zero Motorcycles Inc. (US).
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Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global electric motorcycles market based on voltage, battery type, and vehicle range.
• By vehicle range, the global electric motorcycles market is segmented into above 100 miles, 75-100 miles, and below 75 miles. Of these, the above 100 miles vehicle range segment will lead the market over the forecast period. Growing demand for electric motorcycles of high range in sports and leisure activities are adding to the growth of the segment.
• By battery type, the global electric motorcycles market is segmented into nickel metal hydride, lead acid, and li-on. Of these, the li-on battery type segment will dominate the market over the forecast period. Higher density and decreasing cost of these batteries are adding to the growth of the segment.
• By voltage, the global electric motorcycles market is segmented into above 60 volts, 48-60 volt, 24-48 volt, and below 24 volts.
Regional Analysis
Based on the region, the global electric motorcycles market report covers the recent trends and growth opportunities across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, the APAC region will spearhead the market over the forecast. Increasing population, increase in traffic congestion, falling prices than conventional cars, rising environmental concerns, and a growing number of lately launched electric motorcycles are adding to the global electric motorcycles market growth in the region.
The global electric motorcycles market in North America is predicted to have healthy growth over the forecast period. Increasing consumer disposable income, high spending capability, early adoption of smart mobility solutions that is technologically advanced, and the emergence of new players are adding to the global electric motorcycles market growth in the region.
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Electric motorcycles Market Segmentation
8. Electric motorcycles Market Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
More…
If you have any requirements, let know and we will customize the report according to your need.
FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/electric-motorcycles-market-8136
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Market Research Future
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Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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