Electric Sports Bike Market

Dirt Bike Market: Introduction

• Electric sports bikes are superfast and nimble light weight electric vehicles designed to be driven on smooth paved roads or race tracks. Most electric sport bikes are street legal. These bikes perform very well on public roads and hence, they are preferred by many as their daily ride.
• Most electric sports bikes are built on a light weight chassis that make it very agile, and its medium steering rake angle makes it stable to turn in tight corners. Most bikes are equipped with short travel hard suspension designed to make the bike stable and help corner better on roads.
• They have smooth tires and light weight forged wheels for minimum suspended mass to improve braking and acceleration efficiency. Smooth tires help them grip better with wider contact patch on smooth paved roads.
• They may have bodywork for better aerodynamics, which helps enhance control and body dynamics at high speed

Key Drivers of Electric Sports Bike Market:

• The excellent riding dynamics of sports bikes attract several bike enthusiasts. Therefore, manufacturers have begun developing bikes of various riding styles and capacity in order to cater to these enthusiasts.
• The riding characteristics of electric sports bikes make it favorite for stunt riders as well as racing enthusiasts and daily riders
• The electric revolution in the automobile industry is boosting the popularity of electric sports bikes and consequently, few manufacturers have showcased electric sports bikes. It would be interesting to experience these bikes, as the batteries and electric motors in electric bikes are heavy and this would change the dynamics of light and nimble bikes.

Electric Sports Bike Market to Offer Attractive Opportunities:

• Electric sports bikes have a very rugged frame and fine-tuned suspension, which attracts many types of riders. This has inspired a new breed of street motorcycles that are a combination of fine suspension, rugged frame, and smooth tires.
• Aerodynamically efficient body shape and structure make it ideal for racetracks and short sprints. The aggressive seating posture may not make it as a go-to option for long distances.
• Dual sport and Super-Moto bikes have been gaining traction, as they provide best of both world functionalities. Therefore, manufacturers are introducing new options in their line-up.

Electric Sports Bike Market to hamper market:

• Electric sports bikes are currently niche and are manufacturers are primarily focusing on developing countries, where charging network needs to be developed. Electric bikes are highly limited by the range and charging times.
• More advance battery technology will be needed to make these bike mainstream. The longer range bikes will play a vital role in making electric sports bike more lucrative to majority of users.
• As most electric sports bikes is likely to cost a lot more than IC engine counterparts, and are limited by the range on offer on a single charge. Most IC engine two wheelers can travel long range. Moreover, they do not need a battery replacement every 5 to 7 years.
• Manufacturing of batteries need exotic materials, which increases the price of the vehicles as well as the replacement, thereby boosting the overall cost of ownership.
• These are the major factors that hampers the electric sports bike market

Electric Sports Bike Market to Grow Globally

• The electric sports bike market is growing in several parts across the globe owing to pandemic as well as Russia-Ukraine war, which has driven fuel prices globally. This has attracted new owners to electric alternative.
• Numerous manufacturers have introduced newer offerings in the electric form. This has increased interest in the electric sport bike market.

Key Players Operating in Electric Sports Bike Market:

The global electric sports bike market is highly fragmented with the presence of top companies across the globe. Some of the key players operating in the electric sports market are:

• KTM Sportmotorcycle GmbH
• Kawasaki Motors Corp
• Husqvarna AB
• Suzuki Motor Corporation
• Yamaha Corporation
• Honda Motor Co., Ltd.
• TVS Motor Company
• Zero Motorcycles, Inc.
• Lightning Motors Corp
• Triumph Motorcycles
• VMOTO LIMITED
• AUDI AG
• Energica Motor Company Inc.

Electric Sports Bike Market: Research Scope

Electric Sports Bike Market, by Motor Type

• AC Motor
• DC Motor

Electric Sports Bike Market, by Battery Type

• Lead-Acid Battery
• Li-ion Battery
• NiMH Battery

Electric Sports Bike Market, by Drive Mechanism

• Hub motor
• Mid-drive
• Others

Electric Sports Bike Market, by Power Output

• Less than 10kWh
• 11 – 30 kWh
• 31 – 50 kWh
• More than 50 kWh

Electric Sports Bike Market, by Charging Speeds

• < 1 kW
• 1 – 5 kW
• 6 – 10 kW
• 10 <

Electric Sports Bike Market, by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia & CIS
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • ASEAN
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa