Global Automatic Transmission Motorcycle Market Outlook, 2017-2027
Bharat Book Bureau Provides the Trending Market Research Report on “Global Automatic Transmission Motorcycle Market By Type (Standard, Cruiser, Sports), By Propulsion (ICE, Electric), By Region, Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027” under the Automotive Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.
The global Automatic Transmission Motorcycle Market is anticipated to register a steady CAGR during the forecast period, 2023-2027. Factors such as the growing popularity of autonomous technology among consumers and the advantages offered by two-wheelers such as cost-effectiveness, easy maneuverability, and navigation through dense traffic are driving the demand for the global automatic transmission motorcycle market. Consumers are becoming more aware of the advancements in technology. The bike manufacturers are launching several motorbike models, including touring, sports, and cruiser bikes. Market players are working to incorporate cutting-edge technology into motorcycles, such as artificial intelligence, wireless connectivity, and Internet of Things technology. The motorcycle with an automatic transmission is simple to ride and will stop more quickly due to the availability of an automatic downshift.
When operating automatic transmission motorcycles, the rider can concentrate on the road because they are precise and the rider does not need to change gears manually. With strict safety regulations and the implementation of traffic laws to increase safety, the demand for the global automatic transmission motorcycle market is expected to witness significant growth during the forecast period.
Based on propulsion, the global automatic transmission motorcycle market is bifurcated into ICE and electric. The ICE segment is expected to hold the largest share over the forecast period, 2023-2027. The market for motorcycles powered by internal combustion engines (ICE) is well established, and a large product portfolio of bikes with various designs, fuel efficiency levels, price points, and other features is available. The market for innovative and fast motorbikes is anticipated to experience significant demand during the forecast period due to the growing popularity of e-commerce channels as a result of the widespread use of smart devices and high internet penetration. Market participants provide consumers with affordable and low-maintenance motorcycles while also developing the technologies to support a better riding experience.
The 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., and KTM Sportmotorcycle GmbH.
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