Automatic Transmission Motorcycle Market to be dominated by Standard Motorcycles through 2027
Increase in electrification
of mechanical parts of motorcycles to improve riding experience is expected to
drive the growth of global automatic transmission motorcycle market in the
forecast period, 2023-2027.
According
to TechSci Research report, “Automatic Transmission Motorcycle Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2017-2027”,
the global automatic transmission motorcycle market is anticipated to witness
impressive growth in the forecast period, 2023-2027. Increased sales and
production of motorcycles and the adoption of advanced technologies by the
market players are the major factors driving the market demand across the
globe. Also, the rise in the sales of premium motorcycles and the high demand
for integration of driver assistance and infotainment systems in the
motorcycles are expected to present significant growth opportunities for the
global automatic transmission motorcycle market in the next five years.
However,
the high initial cost, less fuel efficiency, and limited torque capacity may
restrain the growth of the global automatic transmission motorcycle market in
the forecast period.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global
Automatic Transmission Motorcycle Market"
https://www.techsciresearch.com/report/automatic-transmission-motorcycle-market/10577.html
The
global automatic transmission motorcycle market is segmented into propulsion,
type, competitive landscape, and regional distribution.
Based on the propulsion, the global
automatic transmission motorcycle market is bifurcated into ICE and electric.
The ICE segment is expected to hold a prominent market share over the next five
years. The motorcycles having ICE engines have deep penetration in the market
and contain a wide product portfolio of bikes in different designs, fuel
efficiency, price range, and other specifications. With the growing popularity
of e-commerce channels due to the high internet penetration and proliferation
of smart devices, the demand for advanced and fast motorcycles is expected to
witness significant demand in the forecast period. Market players are offering
cost-effective and low-maintenance motorcycles to the consumers and are working
on developing the technology to support improved riding experience.
Based on the type, the global automatic
transmission motorcycle market is divided into standard, cruiser, sports. The
standard segment is expected to capture the largest market share in the
forecast period. Standard motorcycles witness high popularity among the riders
as they support the advanced technology with a classic design with handles and
the feet rest position in place. They are upfront and comfortable to ride,
which is the reason the beginners prefer them. Standard motorcycles equipped
with automatic transmission are expected to enhance the rider experience and
allow the rider to focus more on the road while driving. They are ideal for
daily commuting as they are fast and can easily move through difficult traffic
conditions.
Based on the regional analysis, the
North American region is expected to hold the largest market share, followed
closely by Europe and Asia-pacific regions through the forecast period. The
high demand for advanced motorcycles, including cruiser, sports, and touring
bikes, among the consumers is making the motorcycle manufacturers launch
advanced versions to stay ahead in the market. The rapid urbanization,
supportive infrastructure, and growing transportation industry are bolstering
market demand. Also, the presence of market players in the region and early
adoption of advanced manufacturing processes and technology by the market
players is expected to support the growth of the global automatic transmission
motorcycle market through the next five years.
Major market players operating in the global
automatic transmission motorcycle market are:
·
Energica
Motor Company
·
MV
AGUSTA Motor S.p.A
·
Honda
Motor Company, Ltd.
·
Harley-Davidson,
Inc.
·
Piaggio
& Co. SpA (Aprilia)
·
Zero
Motorcycles Inc.
·
Evoke
Electric Motorcycles Ltd.
·
KTM
Sportmotorcycle GmbH
Download Sample
Report @ https://www.techsciresearch.com/sample-report.aspx?cid=10577
Customers can also request for 10% free
customization on this report.
“The growing environmental concerns and
the need to reduce the greenhouse emissions into the environment to achieve
net-zero carbon emission are driving the demand for sustainable energy
solutions across the globe. The launch of electric motorcycles in the market by the key
players is expected to create lucrative growth opportunities for the global
automatic transmission motorcycle market. Leading authorities are allocating
funds to develop the supportive charging infrastructure, which is anticipated
to fuel vehicle sales in the coming years. Also, the growing awareness among
the consumers about the benefits of investing in automatic transmission
motorcycles and the increasing capacity of expenditure of consumers are expected
to propel the global automatic transmission motorcycle market growth till 2027”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Automatic Transmission
Motorcycle Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2017-2027, Segmented By Type
(Standard, Cruiser, Sports), By Propulsion (ICE, Electric), and By Region”, has evaluated the future
growth potential of global automatic transmission motorcycle and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global automatic transmission motorcycle
market.
Contact
Mr. Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017
Tel:
+1-646-360-1656
Email:
[email protected]
Web:
https://www.techsciresearch.com