High-performance Electric Motorcycle Market Size to Grow by 23.60 th units | Declining Prices of Li-ion Batteries to Drive Growth | Technavio
NEW YORK, June 29, 2022 /PRNewswire/ -- The declining prices of Li-ion batteries will be crucial in driving the growth of the high-performance electric motorcycle market, according to an analyst at Technavio. Fluctuations in the cost of Li-ion batteries can have an impact on the overall cost of high-performance electric motorcycles. The decline in the cost of Li-ion batteries is leading to a reduction in the production cost of high-performance electric motorcycles. A fall in the prices of battery-grade lithium carbonate and lithium hydroxide, among others, is also leading to a decline in the cost of Li-ion batteries. This is expected to reduce the overall production cost of high-performance electric motorcycles, which will drive the global high-performance electric motorcycle market during the forecast period.
The high-performance electric motorcycle market size is expected to grow by 23.60 th units from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 27.56% during the forecast period. The market is segmented by service (powertrain, complete vehicle, electrical/electronics, and others) and geography (Europe, North America, APAC, South America, and MEA).
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High-performance Electric Motorcycle Market: Segmentation Analysis
Segmentation by Service:
- Based on service, the street segment will lead the market growth during the forecast period.
- On-road high-performance electric motorcycles that are street legal are considered under this segment.
- The presence of several street-legal, high-performance electric motorcycles across the different regions will drive the growth of the street segment.
Segmentation by Geography:
- Europe will account for 43% of the market's growth during the forecast period.
- The declining prices of Li-ion batteries will drive the high-performance electric motorcycle market growth in Europe during the forecast period.
- Germany, France, and Italy are the key countries for the high-performance electric motorcycle market in Europe.
- Market growth in this region will be slower than the growth of the market in regions.
High-performance Electric Motorcycle Market: Major Vendors
The high-performance electric motorcycle market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The report offers detailed information on the competencies, capacities, and products offered by major vendors, including ARC Vehicle Ltd., Bell Custom Cycles, Curtiss Motorcycle Co., Evoke Electric Motorcycles (HK) Ltd., Harley-Davidson Inc., Lightning Motors Corp., Sarolea Manx Ltd., Songguo New Energy Automobile Co. Ltd., TACITA Srl, and Zero Motorcycles Inc. among others. The key offerings of some of the vendors are listed below:
- ARC Vehicle Ltd. - The company offers world's most advanced fully electric motorcycle of its kind, partnered with a fully integrated Human Machine Interface (HMI).
- Bell Custom Cycles - The company offers a full sport bike designed and packaged with a whopping 20kWh battery pack and motors capable of sub-200 hp.
- Curtiss Motorcycle Co. - The company offers technically advanced bikes with features such as slimming effect, triple load path, power pak, centered power axis, etc.
- Evoke Electric Motorcycles (HK) Ltd. - The company offers an Italian-styled naked sport bike with an upgraded power controller. It has precision braking and a clutchless design with incredible 400cc torque that allows this vehicle to move around with agility.
- Harley-Davidson Inc. - The company offers a premium, full-featured eBicycle with electric assistance up to 28 mph, designed for more convenient and fun commute.
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High-Performance Electric Motorcycle Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 27.56% |
Market growth 2021-2025 | 23.60 th units |
Market structure | Fragmented |
YoY growth (%) | 14.53 |
Regional analysis | Europe, North America, APAC, South America, and MEA |
Performing market contribution | Europe at 43% |
Key consumer countries | US, Germany, France, Italy, China, and Japan |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled | ARC Vehicle Ltd., Bell Custom Cycles, Curtiss Motorcycle Co., Evoke Electric Motorcycles (HK) Ltd., Harley-Davidson Inc., Lightning Motors Corp., Sarolea Manx Ltd., Songguo New Energy Automobile Co. Ltd., TACITA Srl, and Zero Motorcycles Inc. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Motorcycle market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 (units)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 15: Type - Market share 2020-2025 (%)
- 5.2 Comparison by Type
- Exhibit 16: Comparison by Type
- 5.3 Street - Market size and forecast 2020-2025
- Exhibit 17: Street - Market size and forecast 2020-2025 (units)
- Exhibit 18: Street - Year-over-year growth 2020-2025 (%)
- 5.4 Off-road - Market size and forecast 2020-2025
- Exhibit 19: Off-road - Market size and forecast 2020-2025 (units)
- Exhibit 20: Off-road - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Type
- Exhibit 21: Market opportunity by Type
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 Europe - Market size and forecast 2020-2025
- Exhibit 25: Europe - Market size and forecast 2020-2025 (units)
- Exhibit 26: Europe - Year-over-year growth 2020-2025 (%)
- 7.4 North America - Market size and forecast 2020-2025
- Exhibit 27: North America - Market size and forecast 2020-2025 (units)
- Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
- 7.5 APAC - Market size and forecast 2020-2025
- Exhibit 29: APAC - Market size and forecast 2020-2025 (units)
- Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 31: South America - Market size and forecast 2020-2025 (units)
- Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 33: MEA - Market size and forecast 2020-2025 (units)
- Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography (units)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 39: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Overview
- Exhibit 40: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 41: Landscape disruption
- Exhibit 42: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 43: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 44: Market positioning of vendors
- 10.3 ARC Vehicle Ltd.
- Exhibit 45: ARC Vehicle Ltd. - Overview
- Exhibit 46: ARC Vehicle Ltd. - Product and service
- Exhibit 47: ARC Vehicle Ltd. - Key offerings
- 10.4 Bell Custom Cycles
- Exhibit 48: Bell Custom Cycles - Overview
- Exhibit 49: Bell Custom Cycles - Product and service
- Exhibit 50: Bell Custom Cycles - Key offerings
- 10.5 Curtiss Motorcycle Co.
- Exhibit 51: Curtiss Motorcycle Co. - Overview
- Exhibit 52: Curtiss Motorcycle Co. - Product and service
- Exhibit 53: Curtiss Motorcycle Co. - Key offerings
- 10.6 Evoke Electric Motorcycles (HK) Ltd.
- Exhibit 54: Evoke Electric Motorcycles (HK) Ltd. - Overview
- Exhibit 55: Evoke Electric Motorcycles (HK) Ltd. - Product and service
- Exhibit 56: Evoke Electric Motorcycles (HK) Ltd. - Key offerings
- 10.7 Harley-Davidson Inc.
- Exhibit 57: Harley-Davidson Inc. - Overview
- Exhibit 58: Harley-Davidson Inc. - Business segments
- Exhibit 59: Harley-Davidson Inc. - Key offerings
- Exhibit 60: Harley-Davidson Inc. - Segment focus
- 10.8 Lightning Motors Corp.
- 10.9 Sarolea Manx Ltd.
- Exhibit 64: Sarolea Manx Ltd. - Overview
- Exhibit 65: Sarolea Manx Ltd. - Product and service
- Exhibit 66: Sarolea Manx Ltd. - Key offerings
- 10.10 Songguo New Energy Automobile Co. Ltd.
- Exhibit 67: Songguo New Energy Automobile Co. Ltd. - Overview
- Exhibit 68: Songguo New Energy Automobile Co. Ltd. - Product and service
- Exhibit 69: Songguo New Energy Automobile Co. Ltd. - Key news
- Exhibit 70: Songguo New Energy Automobile Co. Ltd. - Key offerings
- 10.11 TACITA Srl
- Exhibit 71: TACITA Srl - Overview
- Exhibit 72: TACITA Srl - Product and service
- Exhibit 73: TACITA Srl - Key offerings
- 10.12 Zero Motorcycles Inc.
- Exhibit 74: Zero Motorcycles Inc. - Overview
- Exhibit 75: Zero Motorcycles Inc. - Product and service
- Exhibit 76: Zero Motorcycles Inc. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Currency conversion rates for US$
- Exhibit 77: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 78: Research Methodology
- Exhibit 79: Validation techniques employed for market sizing
- Exhibit 80: Information sources
- 11.4 List of abbreviations
- Exhibit 81: List of abbreviation
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SOURCE Technavio
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