Global Electric Motorcycle Market Forecast and Opportunities, 2026Posted by Sonika on March 2nd, 2022 Bharat Book Bureau Provides the Trending Market Research Report on “Global Electric Motorcycle Market, Segmented By Type (Standard, Cruiser, Sports), By Range (Less than 50 Km, 50–100 Km, 101–150 Km, Above 150 Km), By Battery Capacity (<25 Ah and >25 Ah), By Battery Type (Lead Acid and Li-ion), By Region, Competition Forecast and Opportunities, 2026”under Automotive Market Research Report Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. Global Electric Motorcycle Market was valued at USD1930.64 million in 2020 and is anticipated to grow with a CAGR of 19.36% in the forecast period, 2022-2026, to reach USD6220.82 million by 2026. The market growth can be attributed to the factors like increasing demand for sustainable transportation. Also, rising awareness among the population regarding depleting environment and the advantages of electric motorcycles for the betterment of the environment further drives the growth of the global electric motorcycle market in the upcoming five years. Additionally, the COVID-19 pandemic situation played a vital role in increasing the demand for the electric motorcycle market. Pandemic halted the manufacturing of vehicle components and OEM parts and available electric motorcycles in the market became the first choice among the consumers, owing to the demand for personal vehicles in an affordable range. Moreover, expanding dealer and distributor network promoting the electric vehicle and its advantages is further supporting the growth of the global electric motorcycle market in the next five years. Consistent research and technological advancements in the automobile industry to provide more advanced technologies to electric motorcycles further substantiate the growth of the global electric motorcycle market in the future five years. Furthermore, increasing government investment, private funding, foreign direct investments, along with favorable schemes and initiatives from the government in electric motorcycles are also some of the major factors behind the growth of the global electric motorcycle market in the forecast years until 2026. The global electric motorcycle market is segmented by type, range, battery capacity, battery type, regional distribution, and competitive analysis. On the basis of type, the market is segmented into standard, cruiser and sports. Standard electric motorcycle type is anticipated to dominate the market and hold the largest revenue shares of the market in the upcoming five years on the grounds of affordability of the product. Moreover, standard types have more models and variants for consumers to choose from. Whereas in cruiser or sports motorcycles, limited number of models and variants are available. Also, cruiser or sports motorcycles are targeted towards a specific line of customers. Travelers and racers prefer cruiser and sports motorcycles, but a large number of customers prefer standard motorcycles, thus driving the growth of the global electric motorcycle market along with the sub-segment in the next five years. Zero Motorcycles, Inc., Kwang Yang Motor Co., Ltd, Hero Electric Vehicles Pvt. Ltd., Energica Motor Company S.P.A., Terra Motors Corporation, Harley-Davidson, Inc., H-D, ARC Vehicles Ltd, Damon Motors Inc, Lightning Motorcycle Corp., Johammer e-mobility GmbH, and VMOTO LIMITED. These key players are developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach. Years considered for this report: Objective of the Study: Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of manufacturers across the globe. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the manufacturers, distribution channels and presence of all major players across the globe. Key Target Audience: Competitive Landscape Browse our full report with Table of Content : https://www.bharatbook.com/report/1290854/global-electric-motorcycle-market-segmented-by-type-standard-cruiser-sports-by-range-less-than-km-km-km-above-km-by-battery-capacity-ah-and-ah-by-battery-type-lead-acid-and-li-ion-by-region-competition-forecast-and-opportunities About Bharat Book Bureau: Contact us at: Like it? Share it!More by this author |