According to the recent research report titled ‘Premium Electric Motorcycle Market Size By Product (Sport, Off-road), By Battery Capacity (Below 10 kWh, 10 - 15 kWh, 15 - 20 kWh, Above 21 kWh), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2026’, available with Market Study Report, global premium electric motorcycle market is projected to surpass a valuation of USD 7 billion by the year 2026.
 

Rising concerns regarding increasing carbon emissions and implementation of strict government norms about vehicle emission are propelling global premium electric motorcycle market growth. Besides, growing government investments in building effective charging infrastructure and providing subsidiaries are significantly contributing to the market development.
 

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Notably, automakers are able to develop superior electric vehicles due to recent technological innovations in electric engines and batteries. These vehicles can offer users premium as well as a high-speed driving experience.
 

State-funded groups, as well as major firms, are concentrating their efforts on establishing cutting-edge charging infrastructure to support the growing demand for electric bikes. Speaking of challenges, high cost of such motorcycles and lack of charging infrastructure are anticipated to hinder the industry expansion.
 

As per product gamut, global premium electric motorcycle market share from sports segment is predicted to gain momentum over 2021-2026, attributable to the product’s ability to provide superior efficiency at high speed. Electric sports bikes with top speeds of up to 200 km/h and reaching 0-100 km/h in 3.2 seconds are commonly offered by companies in this industry.
 

Based on battery capacity, 10-15 kWh segment is projected to amplify over the coming years, creditable to escalating demand for electric bikes designed for running in urban areas. Manufacturers are also integrating easy-to-change batteries into these low-capacity motorcycles, allowing riders to exchange their bikes' batteries anywhere and anytime without having to refuel them.
 

Geographically, North America premium electric motorcycle industry is slated to grow substantially through 2026, owing to growing federal initiatives targeted towards curbing greenhouse gases and carbon emissions. In the United States for instance, regulators are paying attention to the deployment of more charging stations in order to promote the manufacture and acceptance of electric motorcycles.
 

Prominent firms influencing global premium electric motorcycle market trends are Zero Motorcycles Inc., Ultraviolette Automotive Pvt Ltd., Tacita S.R.L., Savic Motorcycles, Revolt Motors, Lightning Motorcycles Corporation, KTM Sportmotorcycle GmbH, IV Electrics, Harley Davidson Inc., Hadin Motorcycles, Evoke Motorcycles, and Energica Motor Company S.p.A. among others.