Global high-performance electric motorcycle market to grow at a CAGR of 45.22% during the period 2016-2020

About the High-performance Electric Motorcycle Market

A high-performance electric motorcycle is propelled purely by electricity and is geared with advanced electric motorcycle powertrain components and Li-ion batteries (with high-energy density). These are sporty electric battery-powered motorcycles with top speeds in excess of 90 miles per hour and mile range beyond 80 miles. These motorcycles are equipped with high-density batteries that generate a large amount of torque. These high-performance electric motorcycles were launched into the superbike and sports segment in competition with traditional ICE-propelled superbikes.

The global high-performance electric motorcycle market is driven by several factors, which include advancements in battery technology, lower operating and maintenance costs, subsidies and incentives offered by the government, and rising customer confidence stemming from encouraging developments in the electric car market. Governments in many countries have extended benefits in the form of financial incentives to buyers of battery electric motorcycles.

Technavios analysts forecast the global high-performance electric motorcycle market to grow at a CAGR of 45.22% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global high-performance electric motorcycle market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the unit sales of high-performance electric motorcycles across all regions. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography:
APAC
Latin America
North America
Western Europe

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Technavio's report, Global High-performance Electric Motorcycle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Energica
Lightning Motorcycles
Victory Motorcycles
Zero Motorcycles

Other prominent vendors
Brutus Motorcycle
LITO Green Motion
Saietta
EF Motors
Johammer
TORK Motorcycles
zecOO electric motorcycle

Market driver
Lower total operating and maintenance costs than ICE-powered machines
For a full, detailed list, view our report

Market challenge
High cost of manufacturing
For a full, detailed list, view our report

Market trend
Continuous improvement in battery technology
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.