Global High-Performance Electric Motorcycle Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global High-Performance Electric Motorcycle Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A high-performance electric motorcycle refers to a two-wheeled vehicle powered by an electric motor and designed to deliver exceptional performance in terms of speed, acceleration, handling, and overall riding experience. These motorcycles combine the benefits of electric propulsion, such as instant torque and environmentally-friendly operation, with advanced engineering and cutting-edge technology to deliver exhilarating performance.

Market Overview:

The latest research study on the global High-Performance Electric Motorcycle market finds that the global High-Performance Electric Motorcycle market reached a value of USD 335.39 million in 2022. It’s expected that the market will achieve USD 1324.86 million by 2028, exhibiting a CAGR of 25.73% during the forecast period.

The development of cycling culture.

For many enthusiasts in Western countries, motorcycles are a pastime and entertainment. Cycling culture spreads across the globe, with many regions developing unique riding styles and cultures.

Motorcycles mean the open road, freedom to explore, and adventure around the next corner. When they run in the mountains and deserts, the feeling of wind and sun is fascinating. Women are also drawn to this feeling, with more women hitting the road than ever before. Some rider gear has become a popular way for people to express their cool today, such as leather jackets, big black glasses, and bandanas.

Cycling culture inspires people, and more people discover their love for off-road, races, and midnight rides. Some motorcycles, including performance electric motorcycles, are aerodynamically designed. In addition to minimizing drag and improving efficiency, it's styling also reflects a futuristic and sporty aesthetic. The spread of the riding culture attracts more motorcycle enthusiasts and prompts them to pursue newer, higher-performance motorcycles, driving the development of the market.

Reduce the risk of traffic jams.

High-performance electric motorcycles are easier to ride and reduce the risk of traffic jams. In recent years, traffic congestion has intensified, especially in some cities, such as Mumbai and New Delhi in India; Moscow in Russia; Tokyo and Osaka in Japan; Chongqing and Beijing in China; Chicago, Boston, and New York in the United States; Rome, Berlin, and Paris in Europe and more cities. Busy big cities are more prone to congestion, and congestion in small and medium-sized cities is also increasing.

Although the degree of traffic congestion reflects the prosperity and economic growth of the city, it also has a serious negative impact on the daily travel of citizens. The peak period of urban traffic is extended, and the morning peak is earlier and the evening peak is later. People tired of commuting are trying to find ways to reduce the risk of getting stuck in traffic.

Region Overview:

In 2022, the share of the High-Performance Electric Motorcycle market in Europe stood at 40.91%.

Company Overview:

The major players operating in the High-Performance Electric Motorcycle market include Zero Motorcycles, DAMON MOTORS, CAKE, Evoke Motorcycles, Energica Motor Company, etc. Among which, Zero Motorcycles ranked top in terms of sales and revenue in 2023.

Segmentation Overview:

By type, Street segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Distributor segment occupied the biggest share from 2018 to 2022.

Key Companies in the global High-Performance Electric Motorcycle market covered in Chapter 3:

Johammer e-mobility
Torkmotors
Emflux Motors
Zero Motorcycles
Lightning Motorcycle
CAKE
LiveWire(Harley-Davidson)
Energica Motor Company
DAMON MOTORS
VERGE Motorcycles
Zhejiang DAYI Industrial Co., Ltd
Bell Custom Cycles (BCC)
Savic Motorcycles Pty Ltd
Evoke Motorcycles

In Chapter 4 and Chapter 14.2, on the basis of types, the High-Performance Electric Motorcycle market from 2018 to 2029 is primarily split into:

Off-Road
Street

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the High-Performance Electric Motorcycle market from 2018 to 2029 covers:

Direct Sales
Distributor

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)