Electric Motorcycles Market 2020: Business Trends, COVID – 19 Outbreak, Competitor Strategy
Market Research Future (MRFR), highlights that the Global Electric Motorcycles Market 2020 is expected to grow exponentially, securing a significant market valuation and a vigorous CAGR of 10.35% over the evaluation period.
Market Research Future (MRFR) discusses different factors that are expected to prompt the electric motorcycles market 2020 across the assessment period 2019–2025. As per MRFR analysis, the electric motorcycles market is estimated to thrive at 10.35% CAGR in the review period. A complete assessment for the influence of COVID 19 on the electric motorcycles market is elaborated in the report.
The rise in need to replace fuel driven traditional commute solutions with electricity-fuelled electric motorcycles to curb the rise in air pollution can impel the expansion of market in the years ahead. The easy availability of battery pack and economic motors that are installed in electric motorcycle for storing and transformation of electricity improve customer convenience, which can bolster the expansion of the electric motorcycles in the years ahead. The presence of reputed original equipment manufacturers and decline in prices of battery, along with low operational and maintenance price are some other prominent factors that are expected to impel the expansion of the market in the assessment period.
Harley-Davidson, Inc. (US), Zero Motorcycles Inc. (US), Electric Motion (France), Energica Motor Company S.p.A.(Italy), Revolt Motors (India), TACITA SRL (Italy), Bell Custom Cycles (BCC) (US), Torkmotors (India), Alta Motors (US), Johammer e-mobility GmbH (Germany), Husqvarna Motorcycles GmbH (Austria), Blacksmith Electric (India), Razor USA LLC. (US), LITO MOTORCYCLES (France), and Essence Motorcycles (France) are some reputed names in the electric motorcycles global market as listed by MRFR.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8136
The segment assessment of the global electric motorcycles market is based on battery type, vehicle range, and voltage.
The vehicle range based segments of the electric motorcycles market are 75-100 Miles, below 75 Miles, and above 100 Miles. The above 100 Miles segment can stir up high revenue for the market across the review period. The rise in demand for high end electric motorcycles for sports and leisure activities can support the expansion of the market across the review period.
The battery type based segments of the electric motorcycles market are lead acid, li-ion, and nickel metal hydride. The li-ion segment can earn high profits for the market in the years ahead.
The voltage based segments of the electric motorcycles market are 24-48 volt, below 24 Volt, 48-60 volt, and above 60 volt. The expansion of the electric motorcycles market can be attributed to decrease in expense of li-ion batteries and benefit of higher density offered by li-ion batteries.
Ongoing and emerging trends of electric motorcycles market is studied across Europe, North America, APAC, and the rest of the world. Asia Pacific electric motorcycles market is likely to thrive as governments across these regions are trying to curb pollution. The increase in the promotion of electric motorcycles to replace fuel driven bikes is expected to benefit the market in the forecast period. The regional expansion of the regional market can be attributed to the surge in population, rise in traffic congestion, and decrease in prices than conventional vehicles.
The rise in the number of currently launched electric motorcycles due to the growing environmental concerns can impact the expansion of the regional market in the near future. In North America, the presence of reputed automakers can bolster the rise of the electric motorcycles market in the years to come.
Major Highlights of TOC Covers:
Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHOR
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
+1 646 845 9312