High Performance Electric Motorcycle Market, By Type, By Application, and By Geography - Analysis, Share, Trends, Size, & Forecast From 2020 - 2026
|発行||AnalystView Market Insights||商品コード||930146|
|出版日||ページ情報||英文 201 Pages
|高性能電動バイクの世界市場：タイプ別、用途別、地域別の分析、シェア、動向、市場規模、予測（2020年～2026年） High Performance Electric Motorcycle Market, By Type, By Application, and By Geography - Analysis, Share, Trends, Size, & Forecast From 2020 - 2026|
|出版日: 2020年03月01日||ページ情報: 英文 201 Pages||
High-Performance electric motorcycle market was valued at USD XX billion by 2019, growing with 28.7% CAGR during the forecast period, 2020-2026.
High-performance electric motorcycles are bikes that are characterized by their high-speed functionality and electrically powered systems. These bikes are usually used as a sports bike; however, they are also being manufactured in a way that can leverage maximum utility on normal roads. In which case, the safety features of the bike are a major value-added asset that is essential for maintaining an upward trend in the demand for these bikes.
With an unprecedented rise in the demand for electric bikes owing to its environmental benefits, the number of mainstream manufacturers stepping foot into the industry is an indicator of the future of the industry. This has been reiterated by an article published on NDTV, Car and Bike Team, stated, July 2019 that most of the big players in the automobile sector i.e. Bajaj Auto, Hero MotoCorp and TVS Motor Company are coming up with a specific range for an electric motorcycle. Therefore, electric motorcycles are witnessing an upward trend. Another key driver for the industry is the decreasing prices of Li-ion batteries on a global scale which is used in the manufacture of these bikes, thereby reducing costs.
Furthermore, research on the incorporation of Artificial intelligence (AI) and other technological advancements will open further avenues in the usability of these bikes as compared to traditional motorcycles. An anticipated market restraint can be attributed to a demand-supply gap between the infrastructure facility for manufacturing high-end electrical bikes and the demand for it. The higher cost of the product coupled need for better charging features, a long time, less charge duration and accessibility of charging can be a restraining factor for the demand of the industry.
Based on type the high-performance electric motorcycle market has been categorized into 12hp≤ Output Power <20hp, 3hp≤ Output Power <12hp, 75hp≤ Output Power <100hp, 20hp≤ Output Power <45hp, 45hp≤ Output Power <75hp, 100hp≤ Output Power. Among which, 3hp≤ Output Power <12hp segment is growing with promising growth rate during the forecast period.
Based on the type, the segment can be divided into two major categories i.e. Street and off-road. Currently, owing to its high-end utility and the functions it offers, the predominant market share is held by the street segment. The major reason for individuals to shift to electric bikes is because they want to change their consumer pattern of using the fuel-based vehicles, without hampering their need for daily usage of the vehicle. Mobility is still the primary reason for purchasing the bike as opposed to leisure or sports entertainment purposes. However, the demand for the off-road category is expected to witness a significant rise.
With regards to the regions of the world where the high-performance electric motorcycle dominates the market share, China holds the premier position. This demand has been slowly rising in various parts across the globe. An article in the 'Electrek.com', Jan 2020, stated that the rising wave of Chinese electric motorcycle is a wave that is riding into the west as well.
Owing to the affordability, and the benefits it extends such as fast charging, better infrastructure capabilities, this market will continue to grow across the map. Even in India, a start-up called Okinawa, founded in 2015, performed well in the electric vehicle market despite the reluctance of this market to accept EV's owing to poor infrastructure. However, with technology such as removable batteries that can be charged like mobile phones, their application and acceptance can be limitless.
Key Vendor Takeaway
The key market players in the high-performance electric motorcycle market are Energica Motor Company, SAROLEA, Lightning Motorcycle, and Zero Motorcycles. These players are consistently coming up with newer variants of bikes that have a high performance and functionality deliverance.
Recently, an article published in the TechCrunch website, (Feb 2020) delved into Zero Motorcycle's released its new full fairing 124mph sport electric vehicle. This bike has a high performance that can be attested by its fast charge time of approx. 1 hour up to 95% charging, can go to a top speed of 124 mph and more.
The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year - 2015 to 2018
Base Year - 2019
Estimated Year - 2020
Projected Year - 2026
Traders, Distributors, and Suppliers
Government and Regional Agencies
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
Bell Custom Cycles
KWANG YANG MOTOR Co. Ltd.
Evoke Electric Motorcycles
SONGUO MOTORS Co. Ltd.
Energica Motor Co. Spa
Zero Motorcycles, Inc.
Lightning Motors Corp.
Sarolea Manx Ltd.
MARKET, BY TYPES
3hp≤ Output Power <12hp
12hp≤ Output Power <20hp
20hp≤ Output Power <45hp
45hp≤ Output Power <75hp
75hp≤ Output Power <100hp
100hp≤ Output Power
MARKET, BY APPLICATION
MARKET, BY REGION
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East and Africa
United Arab Emirates
Rest of MEA