Lewes, DE -- (SBWIRE) -- 07/01/2016 -- Report forecast the global high-performance electric motorcycle market to grow at a CAGR of 45.22% during the period 2016-2020.

A high-performance electric motorcycle is propelled purely by electricity and is geared with advanced electric motorcycle powertrain components and Li-ion batteries (with high-energy density). These are sporty electric battery-powered motorcycles with top speeds in excess of 90 miles per hour and mile range beyond 80 miles. These motorcycles are equipped with high-density batteries that generate a large amount of torque. These high-performance electric motorcycles were launched into the superbike and sports segment in competition with traditional ICE-propelled superbikes.

The global high-performance electric motorcycle market is driven by several factors, which include advancements in battery technology, lower operating and maintenance costs, subsidies and incentives offered by the government, and rising customer confidence stemming from encouraging developments in the electric car market. Governments in many countries have extended benefits in the form of financial incentives to buyers of battery electric motorcycles.

The report covers the present scenario and the growth prospects of the global high-performance electric motorcycle market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the unit sales of high-performance electric motorcycles across all regions. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography:
- APAC
- Latin America
- North America
- Western Europe

According to the report, one driver fostering growth in this market is the lower total operating and maintenance costs. High-performance electric motorcycles offer low operating costs compared to conventional ICE motorcycles with the same level of performance. In the US, the operating cost of high-performance electric motorcycle is less than one-fourth of the operating cost of gasoline-powered motorcycles.

Further, the report states that one challenge impeding growth in this market is the lack of supporting infrastructure and standards. Purely electric motorcycles, which include high-performance electric motorcycles, draw the energy for motion from the on-board Li-ion batteries. To keep the electric motorcycle running, the batteries require to be recharged frequently. The batteries installed in high-performance electric motorcycle have high power rating, ranging from 12 kWh to 20 kWh, due to which the growing number of electric motorcycles on road create a challenge for the market.

Global High-performance Electric Motorcycle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global high-performance electric motorcycle market: Energica, Lightning Motorcycles, Victory Motorcycles, and Zero Motorcycles.

Other Prominent Vendors in the market are: Sora electric motorcycle, Saietta R, Brutus V9, TORK Motorcycles, ZecOO Electric motorcycle, ElectroForce Motors, and Johammer.

Market driver
- Lower total operating and maintenance costs than ICE-powered machines
- For a full, detailed list, view our report

Market challenge
- High cost of manufacturing
- For a full, detailed list, view our report

Market trend
- Continuous improvement in battery technology
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 78 pages and 47 Exhibit "Global High-performance Electric Motorcycle Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Market trends, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-high-performance-electric-motorcycle-market-2016-2020

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