Electric Motorcycles Market Latest Trend, Share Analysis, Growth, and Application

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Data Bridge Market Research analyses that the electric motorcycles market value, which was USD 31.5 billion in 2021, is expected to reach the value of USD 57.44 billion by 2029, at a CAGR of 7.80% during the forecast period.

The Electric Motorcycles market document offers a thorough examination of the imminent challenges in terms of sales, export/import, and revenue within the market. The analysis delves into market drivers, including factors such as consumer demand and governmental policies, acting as catalysts for consumer purchases, thereby fostering market growth and advancement. This business report not only provides insights into the market and competitive landscape but also serves as a guide for informed decision-making, efficient product marketing, and the formulation of market objectives to improve profitability. Described as promising, excellent, innovative, customer-centric, and dependable, the all-encompassing Electric Motorcycles report caters to the varied needs of its clients.

Customized to align with customer specifications, the Electric Motorcycles report is meticulously crafted, considering a multitude of market parameters. This comprehensive report entails a detailed analysis of the Automotive industry, encompassing elements such as market drivers, constraints, segmentation, opportunities, challenges, revenues, and competitive analysis. A dedicated team comprising analysts, research experts, statisticians, forecasters, and economists collaboratively works to deliver this advanced and exhaustive market research report. While the Electric Motorcycles business research report is typically available in PDF and spreadsheet formats, provision in PowerPoint (PPT) is also possible upon client request.

Data Bridge Market Research analyses that the electric motorcycles market value, which was USD 31.5 billion in 2021, is expected to reach the value of USD 57.44 billion by 2029, at a CAGR of 7.80% during the forecast period. "48–60 Volt" accounts for the largest voltage segment in the electric motorcycles market, owing to the growing penetration of electric two-wheelers, especially in developed economies. The electric motorcycles market report also covers pricing analysis, patent analysis, and technological advancements in depth.     

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  • Growth in investment for research and development to carve way for innovations

The rising number of strategic market collaborations has led to the rise in funds to be allocated for the growth and development of advanced and automated technology/ machinery. Further, growth in the level of investment for research and development proficiencies would carve the way for innovations pertaining to electric motors.      

  • Two wheelers to induce greater demand and supply in emerging nations  

Growing production rate of two wheelers such as motorcycles and scooters will further widen the scope of growth for the market. Though the penetration is extremely low at 0.8% in India, there is a great scope of growth in the future. Also increasing rate of traffic and traffic congestions problems is inducing growth in the demand for electric vehicles.

  • Growth and expansion of automotive industry to present numerous opportunities

Owing to the global economic rise, there is a huge scope of growth for the automotive and transportation industry. There is an increased focus of the major manufacturers on the application of advanced technologies which will widen the scope of growth. Further, the Indian auto industry is expected to record strong growth post recovering from effects of COVID-19 pandemic.

Rising urbanization, modernization, and globalization drive market value growth. Surging environmental conservation concerns, growing technological advancements in the manufacturing technology and increasing personal disposable income are other market growth determinants. Furthermore, advancements in manufacturing technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, stringent regulations imposed on vehicular emissions will further expand the market's future growth. 

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  • Yadea Group Holdings Ltd.(China)
  • Jiangsu Xinri E-Vehicle Co., Ltd. (China)
  • NIU International (China)
  • Silence Urban Ecomobility (Spain)
  • Hero Electric (India)
  • Blacksmith Electric (India)
  • Electric Motion (France)
  • Johammer e-mobility GmbH (Germany)
  • Husqvarna Motorcycles GmbH (Austria)
  • Essence Motorcycles (France)
  • Zero Motorcycles Inc. (US)
  • Razor USA LLC. (US)

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  • The 360-degree Electric Motorcycles overview based on a global and regional level
  • Market Share & Sales Revenue by Key Players & Emerging Regional Players
  • A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
  • May vary depending upon availability and feasibility of data with respect to Industry targeted
  • Patent Analysis** No of patents / Trademark filed in recent years.
  • A complete and useful guide for new market aspirants
  • Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
  • Various Electric Motorcycles industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

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By Vehicle Range (Below 75 Miles, 75–100 Miles, Above 100 Miles), Battery Type (Li-ion, Lead Acid, Nickel Metal Hydride), Voltage (Below 24 Volt, 24–48 Volt, 48–60 Volt, Above 60 Volt), Application (Racing, Daily Commute, Off-road Use, Others) 

The countries covered in the Global Electric Motorcycles Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Key leading countries

Vendor Landscape

Vendor Analysis

Appendix

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