High-performance Electric Motorcycle Market Size to Grow by 23.60 th units | Declining Prices of Li-ion Batteries to Drive Growth


NEW YORK, June 29, 2022 /PRNewswire/ — The declining prices of Li-ion batteries will be crucial in driving the growth of the high-performance electric motorcycle market, according to an analyst at Technavio. Fluctuations in the cost of Li-ion batteries can have an impact on the overall cost of high-performance electric motorcycles. The decline in the cost of Li-ion batteries is leading to a reduction in the production cost of high-performance electric motorcycles. A fall in the prices of battery-grade lithium carbonate and lithium hydroxide, among others, is also leading to a decline in the cost of Li-ion batteries. This is expected to reduce the overall production cost of high-performance electric motorcycles, which will drive the global high-performance electric motorcycle market during the forecast period.

Technavio has announced its latest market research report titled High-performance Electric Motorcycle Market by Type and Geography – Forecast and Analysis 2021-2025

The high-performance electric motorcycle market size is expected to grow by 23.60 th units from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 27.56% during the forecast period. The market is segmented by service (powertrain, complete vehicle, electrical/electronics, and others) and geography (Europe, North AmericaAPAC, South Americaand MEA).

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High-performance Electric Motorcycle Market: Segmentation Analysis

Segmentation by Service:

  • Based on service, the street segment will lead the market growth during the forecast period.

  • On-road high-performance electric motorcycles that are street legal are considered under this segment.

  • The presence of several street-legal, high-performance electric motorcycles across the different regions will drive the growth of the street segment.

Segmentation by Geography:

  • Europe will account for 43% of the market’s growth during the forecast period.

  • The declining prices of Li-ion batteries will drive the high-performance electric motorcycle market growth in Europe during the forecast period.

  • Germany, Franceand Italy are the key countries for the high-performance electric motorcycle market in Europe.

  • Market growth in this region will be slower than the growth of the market in regions.

High-performance Electric Motorcycle Market: Major Vendors

The high-performance electric motorcycle market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The report offers detailed information on the competencies, capacities, and products offered by major vendors, including ARC Vehicle Ltd., Bell Custom Cycles, Curtiss Motorcycle Co., Evoke Electric Motorcycles (HK) Ltd., Harley-Davidson Inc., Lightning Motors Corp., Sarolea Manx Ltd., Songguo New Energy Automobile Co. Ltd., TACITA Srl, and Zero Motorcycles Inc. among others. The key offerings of some of the vendors are listed below:

  • ARC Vehicle Ltd. – The company offers world’s most advanced fully electric motorcycle of its kind, partnered with a fully integrated Human Machine Interface (HMI).

  • Bell Custom Cycles – The company offers a full sport bike designed and packaged with a whopping 20kWh battery pack and motors capable of sub-200 hp.

  • Curtiss Motorcycle Co. – The company offers technically advanced bikes with features such as slimming effect, triple load path, power pack, centered power axis, etc.

  • Evoke Electric Motorcycles (HK) Ltd. – The company offers an Italian-styled naked sport bike with an upgraded power controller. It has precision braking and a clutchless design with incredible 400cc torque that allows this vehicle to move around with agility.

  • Harley-Davidson Inc. – The company offers a premium, full-featured eBicycle with electric assistance up to 28 mph, designed for more convenient and fun commute.

For more information about the key vendors and their offerings, View our Sample Report Now

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High-Performance Electric Motorcycle Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 27.56%

Market growth 2021-2025

23.60 th units

Market structure

Fragmented

YoY growth (%)

14.53

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 43%

Key consumer countries

US, Germany, France, Italy, China, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ARC Vehicle Ltd., Bell Custom Cycles, Curtiss Motorcycle Co., Evoke Electric Motorcycles (HK) Ltd., Harley-Davidson Inc., Lightning Motors Corp., Sarolea Manx Ltd., Songguo New Energy Automobile Co. Ltd., TACITA Srl, and Zero Motorcycles Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Size

4 Five Forces Analysis

5 Market Segmentation by Type

6 Customer landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify existing opportunities in and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Cision

Cision

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SOURCE Technavio

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