Premium Electric Motorcycle Market Report

Market Insights

Premium Electric Motorcycle Market is likely to witness an impressive CAGR of 54% during the forecast period. The prime factor that is contributing to the robust demand for electric motorcycles is the heavy investment made by governments across the globe to develop charging infrastructure and incentives offered to buyers, which will create opportunities for OEMs to expand their revenue stream and geographical presence.

Segment Analysis

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Premium Electric Motorcycle Market Share: By Product Type

Based on the product type, the market is segmented as sports, off-road vehicle, and others. The premium sports motorcycle segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The wide use of sports motorcycle in number of sports racing events is expected to drive the growth of the segment over the forecast period.

Premium Electric Motorcycle Market Share: By Battery Capacity Type

Based on the battery capacity type, the premium electric motorcycle market is segmented as Below 10 kWh, 10 – 15 kWh, 15 – 20 kWh, and Above 21 kWh. The 15 – 20 kWh segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The growth of this segment is due to its maximum power and better mileage compared to other battery capacity types.

Premium Electric Motorcycle Market Share: By Region

In terms of regions, Europe is estimated to be the largest as well as the fastest-growing premium electric motorcycle market during the forecast period, followed by North America and Asia-Pacific with lucrative growth opportunities.

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Market Scope & Segmentation

Premium electric motorcycle is power-driven by electricity instead of petrol. It does not house an engine like most motorcycles. Instead, it is motorized solely by a rechargeable battery and electric motors. Electric bikes come in all shapes and sizes.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The premium electric motorcycle market is segmented into the following categories. 

Premium Electric Motorcycle Market Size, Share, & Forecast, by Product Type:

• Sport (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Off-road (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Premium Electric Motorcycle Market Size, Share, & Forecast, by Battery Capacity Type:

• Below 10 kWh (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• 10 – 15 kWh (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• 15 – 20 kWh (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Above 21 kWh (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Premium Electric Motorcycle Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the major companies in this market are-

• ARC Vehicle Ltd.
• Brutus Motorcycle
• Emflux Motors
• Energica Motor Company S.p.A.
• Evoke Motorcycle
• Hadin Motorcycles
• Harley Davidson Inc.
• IVElectrics
• KTM Sportmotorcycle GmbH
• Lightning Motorcycles
• Revolt Motors
• SAVIC Motorcycles
• TACITA Srl
• Ultraviolette Automotive Pvt Ltd.
• Zero Motorcycles

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by battery capacity type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.