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Electric Motorcycles & Scooters Market will surpass USD 55 billion with growth rate of more than 10% from 2016-2024: Fractovia.Org

09-19-2017 11:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: fractovia.org

Electric Motorcycles & Scooters Market will surpass USD 55

Electric motorcycles & scooters market is projected to generate a remarkable momentum with shifting trends toward sustainable energy and growing environmental concerns pertaining to hazardous emissions. Regulatory bodies across the globe have been deploying strict legislations to improve the overall air quality.

In addition, the government has also been undertaking initiatives to curb the green-house gases emissions, which will enhance electric motorcycles & scooters industry. The acceptance rate of the electric battery based vehicle has been increasing noticeably across the globe, pertaining to the benefits such as low maintenance and emission free mobility.

Request for a sample of this research report @ https://www.fractovia.org/request-sample/508

Based on the types of battery used, electric motorcycles & scooters comprise NiMH, Li-ion (lithium ion), and SLA. Li-ion battery segment generated significant revenue in 2015 and will register the highest annual growth rate over the coming seven years. The battery’s light weight feature and high efficiency will boost the overall lithium ion battery based electric motorcycles & scooters market demand.

In addition, the 100% efficiency scale achieved by this battery while charging and discharging will stimulate the industry growth over the coming timeframe. Power output, charging time, and battery capacity are the notable factors based on which manufacturers have been focusing to improve vehicle performance.

Considering the product, electric motorcycles & scooters market is mainly divided into scooters and motorcycles. Electric motorcycles & scooters market from motorcycles will collect substantial revenue over the years ahead. Despite the segment being in the nascent phase, the favorable initiations taken by the manufacturers to enhance their customer reach by addressing the varied power requirements of the consumers will garner lucrative prospects for the electric motorcycles industry.

Make an inquiry for purchasing this report @ https://www.fractovia.org/request-purchase/508

Regionally, U.S. electric motorcycles & scooters industry will collect notable revenue over the years ahead, driven by the heavy R&D investments and favorable regulatory landscape in this region. The shifting consumer inclination toward electric vehicles will provide a significant impetus to the APAC electric motorcycles and scooters industry. China dominated the regional landscape by accounting for 80% of the share in 2015 and is estimated to phenomenally drive the Asia Pacific growth over the coming years.

Industry giants have been heavily investing in R&D activities to enhance the vehicle performance as well as to reduce the overall cost of the vehicle. The noteworthy participants in electric motorcycles & scooters are Sunra (Jiangsu Xinri E-vehicle Co., Ltd.), AIMA Hi-tech, Zhejiang Ripu Electronic Sci. & Technology, Shanghai Lima Electric Vehicle Mfg. Co. Ltd., Zhejiang Feishen Vehicle Co., Ltd., Qingdao Aucma Company Limited.

Browse key industry insights spread across 116 pages with 79 market data tables & 42 figures & charts from the report, “Electric Motorcycles & Scooters Market Size By Product (Motorcycles, Scooters), By Battery (SLA, Li-ion, NiMH), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, China, India, Japan, Brazil, Mexico), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:

https://www.fractovia.org/news/industry-research-report/electric-motorcycle-and-scooter-market

Browse Related Reports:

Automotive Switch Market Size By Product (Knob, Lever, Button, Touchpad), By Application (HVAC, Indicator System, EMS), By End-Use (Commercial Vehicles, Passenger Vehicles), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, China, Japan, South Korea, India, Brazil, Mexico, Egypt, South Africa) Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

https://www.fractovia.org/news/industry-research-report/automotive-switches-market

Fractovia.org is one of India's leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a pre-determined word-based theme, offering important connections to readers and clients, as well as distributers.

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