$ 57.44 Billion Electric Motorcycles Market is Likely to Grow at 7.80% CAGR during the Period 2020 to 2029
Electric motorcycles are increasingly gaining importance due to rising environmental conservation issues and concerns. Electric motorcycles have a slow penetration rate in the developing economies, however, the pace of penetration is improving. American Honda Motor Co., Inc, GOVECS, Ampere Vehicles and Suzuki are the major players operating in this market.
According to a new report published by Data Bridge Market Research, titled, “Electric Motorcycles Market,” The Electric Motorcycles market size was valued at $ 31.5 Billion in 2021, and is estimated to reach $ 57.44 Billion by 2029, growing at a CAGR of 7.80% from 2022 to 2029.
MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Scope & Size
Chapter Three: Market Analysis & Insight
Chapter Four: Market Regional Level Analysis
Chapter Five: Market Share Analysis
Chapter Six: Market Key Players
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https://www.databridgemarketresearch.com/toc/?dbmr=global-electric-motorcycles-market
Some of the key questions answered in this report:
How has the ELECTRIC MOTORCYCLES performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the ELECTRIC MOTORCYCLES?
- What are the key regional markets?
- What are the key driving factors and challenges in the industry?
- What is the structure of the ELECTRIC MOTORCYCLES and who are the key players?
ELECTRIC MOTORCYCLES Scope and Market Size
- On the basis of vehicle range, the electric motorcycles market has been segmented into below 75 miles, 75–100 miles, and above 100 miles.
- On the basis of battery type, the electric motorcycles market has been segmented into Li-ion, lead acid, and nickel metal hydride.
- On the basis of voltage, the electric motorcycles market has been segmented into below 24 volt, 24–48 volt, 48–60 volt, and above 60 volt.
- On the basis of application, the electric motorcycles market has been segmented into racing, daily commute, off-road use, and others.
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Market Analysis and Insights: ELECTRIC MOTORCYCLES
- 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
ELECTRIC MOTORCYCLES – Regional Level Analysis
- The Asia-Pacific region is expected to hold the largest market share due to the growing awareness about the benefits of electric vehicles, rising personal disposable income, growing demand for affordable electric scooters for short-distance commuting, and increasing adoption of smart technologies.
ELECTRIC MOTORCYCLES – Share Analysis:
- The electric motorcycles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electric motorcycles market.
Key player – ELECTRIC MOTORCYCLES
- Some of the major players operating in the electric motorcycles market are 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), Torkmotors (India), Revolt Motors (India), LITO MOTORCYCLES (France), TACITA SRL (Italy), Bell Custom Cycles (US), Harley-Davidson Inc. (US), Alta Motors (US) and Energica Motor Company S.p.A., (Italy) among others.
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