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High-performance Electric Motorcycle Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR40124
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The high-performance electric motorcycle market share is expected to increase by $23.60 th units from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 27.56%.

This high-performance electric motorcycle market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers high-performance electric motorcycle market segmentations by type (street and off-road) and geography (Europe, North America, APAC, South America, and MEA). The high-performance electric motorcycle market report also offers information on several market 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.

What will the High-Performance Electric Motorcycle Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the High-Performance Electric Motorcycle Market Size for the Forecast Period and Other Important Statistics

 

High-Performance Electric Motorcycle Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The declining prices of li-ion batteries is notably driving the high-performance electric motorcycle market growth, although factors such as high cost of high-performance electric motorcycles may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the high-performance electric motorcycle industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key High-Performance Electric Motorcycle Market Driver

The declining prices of Li-ion batteries are one of the key factors driving the growth of the global high-performance electric motorcycle market. The battery is one of the key contributors to the overall cost of an electric motorcycle. High-performance electric motorcycles are equipped with Li-ion batteries. Therefore, any fluctuations in the cost of Li-ion batteries have an impact on the overall cost of high-performance electric motorcycles. The cost of Li-ion batteries has been witnessing a steady decline since 2010, which is expected to continue throughout the forecast period. The decline in the cost of Li-ion batteries is leading to a reduction in the production cost of high-performance electric motorcycles. Another major reason that contributes to the decline in the cost of Li-ion batteries is the fall in the prices of battery-grade lithium carbonate and lithium hydroxide, among others. This decline in the cost of Li-ion batteries is expected to reduce the overall production cost of high-performance electric motorcycles, thereby driving the global high-performance electric motorcycle market during the forecast period.

Key High-Performance Electric Motorcycle Market Trend

The development of hubless electric motorcycles will fuel the global high-performance electric motorcycle market. The drive motors used in electric motorcycles can be either a mid-drive motor or an in-wheel motor. The in-wheel motors in electric motorcycles are mainly used in low-powered motorcycles or as an additional driving motor in two-wheel drive motorcycles. In-wheel motors have advantages over mid-drive motors in terms of wear, power loss, and weight. In-wheel motors do not require any belt or chain for driving the wheel, which, in turn, reduces the wear on the motor. Furthermore, in-wheel motors would have nil/negligible power loss as they are directly connected to the wheels of the motorcycle. However, in-wheel motors are not efficient enough and do not provide the same power and speed as mid-drive motors, which is one of the major reasons for the low adoption of in-wheel motors in high-performance electric motorcycles. Such factors will increase the market demand during the forecast period.

Key High-Performance Electric Motorcycle Market Challenge

The High cost of high-performance electric motorcycles is a major challenge for the global high-performance electric motorcycle market growth. The cost of a high-performance electric motorcycle is higher than that of an IC-engine-based electric motorcycle. The high initial cost of a high-performance electric motorcycle is one of the major factors hindering its adoption of the same. Electric motorcycle manufacturers are working toward reducing their costs. However, the low manufacturing volumes of high-performance electric motorcycles, owing to their limited adoption, remain a huge challenge for electric motorcycle manufacturers and prevent them from enjoying the economies of scale. This results in the high production cost for high-performance electric motorcycles across all regions. For instance, Zero Motorcycles, a pure electric motorcycle manufacturer, is estimated to have recorded a sales volume of fewer than 4,000 units of high-performance electric motorcycles in 2019. However, high-performance motorcycle OEMs that offer IC engine-based motorcycles have comparatively more volume sales. For instance, Ducati Motor Holding is expected to sell more than 47,000 units of high-performance motorcycles in 2019. Therefore, the low volume sales of high-performance electric motorcycles when compared with traditional IC engine-based motorcycles leads to increased production costs for electric motorcycles, thereby hindering their adoption.

This high-performance electric motorcycle market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global high-performance electric motorcycle market as a part of the global motorcycle market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the high-performance electric motorcycle market during the forecast period.

Who are the Major High-Performance Electric Motorcycle Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market 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
  • Zero Motorcycles Inc.

 

This statistical study of the high-performance electric motorcycle market encompasses successful business strategies deployed by the key vendors. The high-performance electric motorcycle market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • ARC Vehicle Ltd.- The company offers world's most advanced fully electric motorcycle of its kind, partnered with fully integrated Human Machine Interface (HMI).

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The high-performance electric motorcycle market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

High-Performance Electric Motorcycle Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the high-performance electric motorcycle market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global motorcycle market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for High-Performance Electric Motorcycle Market?

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43% of the market’s growth will originate from Europe during the forecast period. Germany, France, and Italy are the key markets for high-performance electric motorcycle market in Europe. Market growth in this region will be slower than the growth of the market in regions.

The declining prices of Li-ion batteries will facilitate the high-performance electric motorcycle market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

Due to the COVID-19 pandemic in 2020, the market in focus witnessed a decline in sales, which resulted in additional operational costs for vendors, especially in the maintenance of manufacturing facilities and stocks. In 2021, since the global high-performance electric motorcycle market is in the growth stage, vendors have started to focus on strengthening their existing product lineups. However, in 2021, the initiation of large-scale vaccination drives?has lifted the lockdown and travel restrictions, which led to the resumption of supply chain activities. Such factors are expected to increase the demand for construction toys, which, in turn, will drive the market during the forecast period.

What are the Revenue-generating Type Segments in the High-Performance Electric Motorcycle Market?

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The high-performance electric motorcycle market share growth by the Street segment will be significant during the forecast period. On-road high-performance electric motorcycles that are street legal are considered under this segment. The market in focus is dominated by the street segment because of the presence of several street-legal, high-performance electric motorcycles across the different regions.  Such factors will increase the market in focus during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the high-performance electric motorcycle market size and actionable market insights on post COVID-19 impact on each segment.

 

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.

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What are the Key Data Covered in this High-Performance Electric Motorcycle Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive high-performance electric motorcycle market growth during the next five years
  • Precise estimation of the high-performance electric motorcycle market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the high-performance electric motorcycle industry across Europe, North America, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of high-performance electric motorcycle market vendors

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Read More Read Less

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 abbreviations

            Research Framework

            Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

            TechnavioINFORMATION SOURCES

            Primary sources

            • Manufacturers and suppliers
            • Channel partners
            • Industry experts
            • Strategic decision makers

            Secondary sources

            • Industry journals and periodicals
            • Government data
            • Financial reports of key industry players
            • Historical data
            • Press releases
            Technavio

            TechnavioDATA ANALYSIS

            Data Synthesis

            • Collation of data
            • Estimation of key figures
            • Analysis of derived insights

            Data Validation

            • Triangulation with data models
            • Reference against proprietary databases
            • Corroboration with industry experts
            Technavio

            TechnavioREPORT WRITING

            Qualitative

            • Market drivers
            • Market challenges
            • Market trends
            • Five forces analysis

            Quantitative

            • Market size and forecast
            • Market segmentation
            • Geographical insights
            • Competitive landscape
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            The high-performance electric motorcycle market market growth will increase by $$23.60 th units during 2022-2025.
            The high-performance electric motorcycle market market is expected to grow at a CAGR of 27.56% during 2022-2025.
            Technavio has segmented the high-performance electric motorcycle market market by type (street and off-road) and geographic (Europe, North America, APAC, South America, MEA, Europe, North America, APAC, South America, and MEA).
            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, Zero Motorcycles Inc. are a few of the key vendors in the high-performance electric motorcycle market market.
            Europe will register the highest growth rate of 43% among the other regions. Therefore, the high-performance electric motorcycle market market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
            The key factors driving the high-performance electric motorcycle market market growth are:
            • Declining prices of Li-ion batteries
            • Development of hubless electric motorcycles
            The high-performance electric motorcycle market market vendors should focus on grabbing business opportunities from the street segment as it accounted for the largest market share in the base year.
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