Press Release

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"

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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

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“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.

 

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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

Automotive | Mar, 2023

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.

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