Global Electric Motorcycle Market to Grow owing to Introduction of Eco-friendly Electric Motorcycles: QYResearchReports.com

Brooklyn, NY , June 24, 2016 (GLOBE NEWSWIRE) -- Electric motorcycles are electricity powered scooters that run on rechargeable batteries. Though a few early motorcycles used nickel-metal hybrid batteries, most electric motorcycles today are powered by lithium-ion rechargeable batteries. Owing to their environmental benefits, the demand for electric motorcycles is expected to increase in the years to come. A featured report on QYResearchReports.com, titled “Global Electric Motorcycle Market 2016 Industry, Analysis, Research, Share, Growth, Sales, Trends, Supply, Forecast to 2021,” offers a complete overview of this market by highlighting its current status and future trajectory.

By profiling prominent players operating in the global electric motorcycle market, the report presents a clear picture of the market’s competitive landscape. Covering different geographies, the report’s authors discuss the most dominant players. For this purpose, some of the major manufacturers of electric motorcycles analyzed in this report include Zero Motorcycles, Terra Motor, AIMA, Govecs, Yadea, SUNRA, BYVIN, TAILG, Incalcu, Luyuan, Lima, Lvjia, Bodo, Supaq, Birdie Electric, Slane, OPAI, and Xiaodao Ebike.

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Leading manufacturers of electric motorcycles are studied by considering elements such as their product pictures, specifications, product types, capacity, production, cost, price, gross, and revenue. A SWOT analysis tool is used by the analysts to highlight the strengths, weaknesses, opportunities, and threats of leading players.

While the global electric motorcycle market has traditionally been dominated by a few companies, it now has the presence of many new entrants and local players. By introducing new varieties of electric motorcycles, regional players are taking efforts to make the global market more competitive. This is the primary challenge that the leading companies aim to overcome to maintain their dominance in the near future.

The trend of introducing affordable and eco-friendly electric motorcycles is expected to create new growth avenues in the global market. The analysts highlights the developmental trends followed by leading players, which would drive the demand for newly introduced electric motorcycles. Various regions including India, China, the U.S., Japan, and EU are considered by the analysts to study the global electric motorcycle market. Currently, China represents the most lucrative market for electric motorcycles. Power grid problems and the high costs of electric motorcycles are two of the major challenges for the India electric motorcycle market. This is expected to slow down the growth of the Asia Pacific electric motorcycle market in the near future.

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For a better understanding of the global electric motorcycle market, the analysts have followed a chapter-wise approach. To support this, the study provides the definition, products, applications, specifications, and the manufacturing cost structure of electric motorcycles. By focusing on the consumption value, consumption volume, and sale price, the production gap is measured in the report. A consumption analysis is carried out by considering different types and applications of electric motorcycles.

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Source: QY Research Reports