Latest News- High-Performance Electric Motorcycle Market: Street is expected to lead the Type segment during 2025-2029

The High-Performance Electric Motorcycle Market is being driven by Technological advances in high-performance electric motorcycles

The High-Performance Electric Motorcycle Market is expected to grow at a CAGR of 11.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 16424.1 million. The global market for high-performance electric motorcycles is experiencing significant growth due to the increasing demand for sustainable mobility solutions and the adoption of electric vehicles in various sectors. Motorcycles, particularly those used for long-distance touring and racing, have traditionally been a preferred mode of transportation for many. Notably, major motorcycle racing events such as Moto GP, SuperBike Racing, Super Sport Racing, and Moto Cross continue to attract a large following worldwide. To promote the use of electric motorcycles in racing, Moto GP introduced the MotoE series in May 2019, marking a significant milestone in the electrification of motorcycle racing. This initiative underscores the growing importance of high-performance electric motorcycles in the global mobility landscape. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Street
  • Off-road
• Battery Type
  • Lithium-ion
  • Sealed lead acid
• Channel
  • OEMs
  • Aftermarket
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Technological advances in high-performance electric motorcycles
• Growing government support for adoption of EVs
• Declining prices of Li-ion batteries

However, the market also witnesses some limitations, which are as follows:

• High cost of high-performance electric motorcycles
• Limited availability of charging infrastructure
• Demand for EV batteries with long-range, fast-charging, and long-lifespan capabilities

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Market Scope in High-Performance Electric Motorcycle Market Research Report

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Research Analysis Overview

The High-Performance Electric Motorcycle Market encompasses various advanced technologies such as motor cooling systems, battery pack designs ensuring long range per charge, and fast charging capabilities with charger compatibility. Top speed performance, acceleration metrics, and handling dynamics are optimized through chassis stiffness, weight reduction strategies, and powertrain efficiency. Electronic features include throttle control, hill start assist, cruise control, tire pressure monitoring, anti-theft systems, connectivity, infotainment, LED lighting, dashboard instrumentation, and maintenance intervals. Motor durability and battery safety standards are ensured through improved energy density, enhanced motor torque, optimized power delivery, reduced energy consumption, and quick charging time reduction.

Market Research Overview

The high-performance electric motorcycle market is a segment of the larger global motorcycle manufacturers market, which encompasses businesses producing motorcycles, scooters, trikes, and three-wheelers. According to Technavio, the market size is determined by the consolidated revenue generated by these manufacturers. Key growth drivers for the motorcycle manufacturers market include the burgeoning demand for two-wheelers in Asia Pacific (APAC), particularly in countries like India, China, Indonesia, and Thailand, which collectively accounted for over 75% of global sales in 2020. The electric motorcycle segment, specifically, is poised for growth due to advancements in battery technology, high-performance motors, and regenerative braking systems. Additionally, the adoption of lightweight chassis designs further enhances the market potential for electric motorcycles.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/