Global Electric Motocross Bike Market Size, Share and Industry Analysis by Regions, Countries, Types, and Applications, Forecast to 2028

SKU ID : Maia- 24274758

Publishing Date : 12-Jul-2023

No. of pages : 103

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  • The global Electric Motocross Bike market size was valued at USD 294.1 Million in 2022 and will reach USD 215.96 Million in 2028, with a CAGR of -5.02% during 2022-2028.

    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.

    The Electric Motocross Bike market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.

    Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.

    In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.

    Key Companies in the global Electric Motocross Bike market covered in Chapter 4:
    Electric Motion
    Cake Kalk
    Razor
    Hangzhou Qiulong Technology Co., Ltd
    Stark Future
    Kuberg
    mock wind
    Zero Motorcycles
    KTM AG

    In Chapter 12 and Chapter 14.1, on the basis of 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 13 and Chapter 14.2, on the basis of the Downstream Industry, the Electric Motocross Bike market from 2018 to 2028 covers:
    Casual
    Sports

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
    North America (United States, Canada, Mexico)
    Europe (Germany, United Kingdom, France, Italy, Spain)
    Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
    South America (Brazil, Argentina)
    Middle East & Africa (Saudi Arabia, UAE, South Africa)

    Outline:
    Chapter 1 begins with the Electric Motocross Bike market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Electric Motocross Bike market and its likely evolution in the short to mid-term and long term.

    Chapter 2 provides Electric Motocross Bike industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.

    Chapter 3 depicts Electric Motocross Bike industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.

    Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Electric Motocross Bike market ranking, benchmarks, and company business portfolio.

    Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.

    Chapters 6-10 highlight Electric Motocross Bike market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.

    Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.

    Chapters 12-13 evaluate the Electric Motocross Bike market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.

    Chapters 14-15 elaborate on the Electric Motocross Bike market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.

    Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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