Electric Sport Bike Market Strategic Analysis & Growth Opportunities

Electric Sport Bike Market Analysis, Demand and Growth

The Electric Sport Bike Market is poised for significant growth from 2024 to 2034, driven by advancements in battery technology, increasing environmental regulations, and a growing consumer shift toward sustainable mobility. Rising fuel costs and government incentives for electric vehicle adoption are further accelerating demand. Innovations in high-performance electric powertrains, fast-charging infrastructure, and lightweight materials are making electric sport bikes more competitive with traditional combustion-engine models. With key players investing in research and development, the market is expected to witness rapid expansion, particularly in North America, Europe, and Asia-Pacific.

Introduction

The electric sport bike market is an integral sector of the two-wheelers industry. This industry deals in manufacturing and distribution of electric sport bikes for riding enthusiasts across the globe. These motorcycles use rechargeable batteries to power the high-capacity electric motors for propulsion. It comes with several benefits such as cost savings, reduced stress, environmental benefits and some others. These bikes can be charged using standard chargers and fast chargers. The growing emphasis on reducing C02 emission in the environment has contributed significantly to the industrial expansion. This market is projected to rise significantly with the growth of the automotive industry around the world.

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• According to the Our World in Data, around 35.13 billion tons of CO2 was emitted globally in 2022 that rose to 37.79 billion tons in 2023.

Highlights of the Electric Sport Bike Market

• Asia Pacific held the dominant share of the electric sport bike market due to the advancement in battery technology in this region.
• North America is expected to grow with the highest CAGR due to the presence of several companies such as Liveware, Green Pedel, Maeving and some others.
• Europe held a significant share of the market due to numerous government initiatives aimed at reducing emission in this region.
• The Middle East and Africa is likely to rise with a notable growth rate due to the rising urbanization and increasing disposable income of people.

Electric Sport Bike: Recent Trends

• The rising consumer preference for adopting electric sports bike to reduce carbon footprints in the environment along with reducing congestion has gained prominent attention in the industry.
• Several automotive brands have started investing heavily for developing advanced electric sports bikes for meeting the demand of the consumers. For instance, in December 2023, Honda announced to invest around US$ 3.4 billion. This investment is done for developing advanced electric bikes in the ASEAN market.
• The trend of battery swapping has been gaining attraction in recent times with the growing adoption of electric bikes in different regions. For instance, in January 2025, U power announced to open a battery swapping center in Peru. This inauguration is done for helping the EV consumers of this region.
• Numerous bike companies are partnering among themselves to develop advanced electric bikes and gain a competitive edge in the market. For instance, in January 2024, Hero Motocorp partnered with Zero Motorcycles. This collaboration is done for launching electric sport bikes in India by 2025.

Industry Leader Announcement

In May 2024, Anshul Gupta, the Managing Director of Okaya EV announced that, “We are excited to introduce the Disruptor, under the banner of Ferrato, to Indian bike enthusiasts who are eager to experience the power of EVs. With its groundbreaking technology, exhilarating performance, and sporty design, the Disruptor aligns perfectly with changing the landscape of the road to lead the way in providing innovative and sustainable mobility solutions.”

Competitive Landscape

The electric sport bike market is a consolidated industry with the presence of a few dominant players. Some of the crucial players in this industry consists of BMW, Kawasaki, Liveware, Ola, Revolt, Energica and some others. These companies are constantly engaged in developing advanced electric sports bike and adopting several strategies for maintaining their dominant position in this industry.

• According to the annual report of Harley Davidson, the revenue of the liveware segment in 2021 was US$ 35806000 that increased to US$ 38298000 in 2023.