A high-performance electric motorcycle is propelled purely by electricity and is geared with advanced electric motorcycle powertrain components and Li-ion batteries (with high-energy density). These are sporty electric battery-powered motorcycles with top speeds in excess of 90 miles per hour and mile range beyond 80 miles. These motorcycles are equipped with high-density batteries that generate a large amount of torque. These high-performance electric motorcycles were launched into the superbike and sports segment in competition with traditional ICE-propelled superbikes.
The global high-performance electric motorcycle market is driven by several factors, which include advancements in battery technology, lower operating and maintenance costs, subsidies and incentives offered by the government, and rising customer confidence stemming from encouraging developments in the electric car market. Governments in many countries have extended benefits in the form of financial incentives to buyers of battery electric motorcycles.
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Technavio's analysts forecast the global high-performance electric motorcycle market to grow at a CAGR of 45.22% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global high-performance electric motorcycle market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the unit sales of high-performance electric motorcycles across all regions. The report does not include revenue generated from the aftermarket service of the product.
The market is divided into the following segments based on geography:
* APAC
* Latin America
* North America
* Western Europe
Technavio's report, Global High-performance Electric Motorcycle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
* Energica
* Lightning Motorcycles
* Victory Motorcycles
* Zero Motorcycles
Other prominent vendors
* Brutus Motorcycle
* LITO Green Motion
* Saietta
* EF Motors
* Johammer
* TORK Motorcycles
* zecOO electric motorcycle
Market driver
* Lower total operating and maintenance costs than ICE-powered machines
* For a full, detailed list, view our report
Market challenge
* High cost of manufacturing
* For a full, detailed list, view our report
Market trend
* Continuous improvement in battery technology
* For a full, detailed list, view our report
Key questions answered in this report
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Just Published: "Global High-performance Electric Motorcycle Market 2016-2020"
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Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001