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Market Overview of Global Electric Motocross Bike market:
According to our latest research, the global Electric Motocross Bike market looks promising in the next 5 years. As of 2022, the global Electric Motocross Bike market was estimated at USD 294.1 million, and it's anticipated to reach USD 215.96 million in 2028, with a CAGR of -5.02% during the forecast years.
An off-road motorcycle, also known as an off-road two-wheeled motorcycle, is a type of motorcycle used on closed off-road circuits when motorsport or electric off-road motorcycle racing is held. Electric off-road motorcycles are powered entirely by electricity, featuring advanced electric motorcycle powertrain components and lithium-ion batteries (with high energy density). These sporty electric motorcycles, with a top speed of more than 90 mph and a range of more than 80 miles, typically feature high-density batteries that produce a lot of torque.
Similar to off-road electric vehicles, the outbreak of the global new crown epidemic has brought a certain impact on the electric off-road motorcycle industry. Although in the early stage of the epidemic, due to the new crown epidemic, labor shortages and reduced operating efficiency of global ports have further caused congestion of shipping ships and reduced capacity. Tension and the increase in sea freight prices. With the strengthening of epidemic prevention and control capabilities in various countries, the efficiency of shipping will gradually recover. However, the uncertainty of the impact of events such as the new crown epidemic on the international shipping market may cause products to fail to arrive at the customer's location within the expected time, resulting in customers being unable to provide to consumers in the short term. products, thereby affecting the sales market of electric off-road motorcycles; or customers concentrated large quantities of orders in a short period of time in order to ensure supply, resulting in large fluctuations in customer order demand, and thus fluctuations in the electric off-road motorcycle market. And after the outbreak of the new crown epidemic, it spread rapidly around the world, and the number of infected people continued to increase. Due to the strong contagiousness of the new crown pneumonia, the public reduced large-scale gathering entertainment activities during the epidemic, and more people worked, lived, and entertained at home. The demand for transportation such as motorcycles and electric vehicles has increased. Most of the North American regions such as the United States and Canada are sparsely populated. While people reduce gathering outdoor leisure and entertainment activities, they increase outdoor leisure and entertainment activities in a small range (such as inside the family) such as residences and parks. At the same time, due to the limited measures taken by the United States and other countries or regions to deal with the new crown epidemic, for the sake of safe travel, people will choose more independent and green passenger transportation tools such as electric off-road motorcycles when traveling for short distances. As a result, people's travel methods have changed to a certain extent.
In response to climate change, the world has begun to promote green and low-carbon transformation, and the concept of carbon neutrality has emerged. At present, more than 120 countries and regions around the world have proposed carbon neutrality goals. Among them, most of the plans will be realized by 2050, such as the European Union, the United Kingdom, Canada, Japan, New Zealand, and South Africa. At the same time, with most countries attaching great importance and policy guidance to the development of "green economy" and new energy industries, especially after the dual carbon targets were proposed, electric drive travel has become the choice of more people. Especially in the off-road motorcycle market in the niche cultural circle, because diesel engines and gasoline engines are both internal combustion engines, which means that they both introduce fuel into the engine, let the fuel and air mix and compress, and adopt different ignition methods to ignite , which then drives the piston down to turn the crankshaft, which is connected to the vehicle's transmission and ultimately turns the wheels. During the combustion process, a large amount of carbon dioxide will be produced, which will have a certain impact on the environment. Therefore, major off-road motorcycle manufacturers are also following the requirements of countries around the world for energy saving and emission reduction, and promoting the electric drive of off-road motorcycles.
With the growth of national income level and the change of consumption concept, individual consumers of motorcycles for the purpose of entertainment and leisure are gradually increasing, making motorcycles no longer just means of production and means of transportation in the traditional sense, but endowed with a higher level of value , to further drive the rapid development of leisure and entertainment activities related to sports motorcycles, off-road events and other fields, and promote the cultivation and growth of the domestic sports motorcycle consumer market. At present, compared with developed regions such as Europe and the United States, my country's sports motorcycle market is still in the stage of development and cultivation. The market demand has not yet begun to be released on a large scale, and the development space is huge. Activities related to sports motorcycles are gradually rising, and the purchasing power of residents is constantly increasing. In the context of the current situation, the electric off-road motorcycle market is expected to usher in good development opportunities.
Region Overview:
Northern America had the highest growth rate of all regions
In 2022, the share of the Electric Motocross Bike market in Northern America stood at 39.11%
.
Company Overview:
Hangzhou Qiulong Technology Co., Ltd,KTM AG,Zero Motorcycles were the top 3 players in the Electric Motocross Bike market in 2023, taking up a market share of XX59.65% together.
The major players operating in the Electric Motocross Bike market include Hangzhou Qiulong Technology Co., Ltd,KTM AG,Zero, Electric Motion and Cake Kalk, etc. Among which, Hangzhou Qiulong Technology Co., Ltd,ranked top in terms of sales and revenue in 2023.
Segmentation Overview:
The Maximum speed?120km/h segment by type showed a value growth of 0.19% in 2022.
Among different product types, Maximum speed?80km/h segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the casual segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Electric Motocross Bike market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Electric Motocross Bike Market Report:
Market Size Estimates: Electric Motocross Bike market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Electric Motocross Bike market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Electric Motocross Bike market
Segment Market Analysis: Electric Motocross Bike market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Electric Motocross Bike market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Electric Motocross Bike Market: Revenue and sales volume of major countries in each region
Electric Motocross Bike Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Electric Motocross Bike market in major regions.
Electric Motocross Bike Industry Value Chain: Electric Motocross Bike market raw materials & suppliers, manufacturing process, distributors, downstream customers
Electric Motocross Bike Industry News, Policies & Regulations
Key players in the global Electric Motocross Bike market are covered in Chapter 12:
Kuberg
Electric Motion
Cake Kalk
Stark Future
KTM AG
mock wind
Razor
Zero Motorcycles
Hangzhou Qiulong Technology Co., Ltd
In Chapter 2 and Chapter 15.1, based on types, the Electric Motocross Bike market from 2018 to 2028 is primarily split into:
Maximum speed?60km/h
Maximum speed?80km/h
Maximum speed?120km/h
Maximum speed>120km/h
In Chapter 3 and Chapter 15.2, based on applications, the Electric Motocross Bike market from 2018 to 2028 covers:
Casual
Sports
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Electric Motocross Bike market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028