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.
The global automatic transmission motorcycle market is segmented into propulsion, type, competitive landscape, and regional distribution.
The global automatic transmission motorcycle market is categorized into ICE and electric, based on the propulsion. The ICE segment is predicted to hold a significant market share over the next five years. Motorcycles powered by ICE engines have a vast product portfolio of bikes in different designs, fuel efficiency, price range, and other specifications, and have a deep penetration in the market. With the increasing popularity of e-commerce channels due to high internet penetration and the proliferation of smart devices, there is expected to be significant demand for advanced and fast motorcycles in the forecast period. Market players are offering cost-effective and low-maintenance motorcycles to consumers and are working on developing technology to enhance the riding experience.
The global automatic transmission motorcycle market is divided into standard, cruiser, and sports based on the type. The standard segment is projected to capture the largest market share in the forecast period. Standard motorcycles are popular among riders due to their classic design, advanced technology, and comfortable upfront riding experience. They are ideal for daily commuting as they are fast and can easily maneuver through challenging traffic conditions. Automatic transmission-equipped standard motorcycles are expected to improve the riding experience and enable the rider to concentrate more on the road while driving.
The North American region is expected to hold the largest market share, followed closely by Europe and the Asia-Pacific regions based on the regional analysis. The high demand for advanced motorcycles, including cruiser, sports, and touring bikes, among consumers, is driving motorcycle manufacturers to launch advanced versions to stay ahead in the market. The rapid urbanization, supportive infrastructure, and growing transportation industry are bolstering market demand. Additionally, the presence of market players in the region and early adoption of advanced manufacturing processes and technology by market players are expected to support the growth of the global automatic transmission motorcycle market over the next five years.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on “Global Automatic Transmission Motorcycle Market”
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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