The increasing demand for electric motorcycle is significantly contributing to the global high performance electric motorcycle market. High performance electric motorcycle is propelled by electricity and is equipped with advanced powertrain components and Li-ion batteries. High performance electric motorcycle has high energy dentistry. Its speed exceeds 30 miles per hour.
MARKET SCOPE
The "Global High performance electric motorcycle Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the high performance electric motorcycle market with detailed market segmentation by type, power, and geography. The report provides key statistics on the market status of the leading high performance electric motorcycle market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global high performance electric motorcycle market is segmented into off-road and street.
- On the basis of power, the market is segmented into 3hp output power to 12 hp, 12 hp output power to 20hp, 20hp output power to 45hp, 45hp output power to 75hp and others.
MARKET DYNAMICS
Drivers:
- The increasing demand for high-speed sports bikes are significantly creating the demand for high performance electric motorcycle and are contributing to the high performance electric motorcycle market.
- The growing population of sports bike enthusiastic is having a positive impact on high performance electric motorcycle market growth.
Restraints
- The slowdown in economic growth and automotive sales may hamper the market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The high performance electric motorcycle market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the high performance electric motorcycle market in these regions.
IMPACT OF COVID-19 ON HIGH PERFORMANCE ELECTRIC MOTORCYCLE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the high performance electric motorcycle market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from high performance electric motorcycle market are anticipated to lucrative growth opportunities in the future with the rising demand for high performance electric motorcycle in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the high performance electric motorcycle market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BMW Motorrad
- Brammo
- Energica
- Evoke
- Hero
- Johammer
- KTM
- Lightning Motorcycles
- Yamaha
- Zero Motorcycles
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.