Premium Electric Motorcycle Market to Reach USD 2.04 Billion by 2034 Driven by AI, Sustainability, and Performance Demand

The global premium electric motorcycle market is projected to grow from USD 0.39 billion in 2025 to USD 2.04 billion by 2034, achieving a CAGR of 20.46% during the forecast period. This rapid expansion highlights the growing demand for high-performance, eco-friendly mobility solutions among consumers seeking both luxury and sustainability.

Key Takeaways

  • Europe dominated the premium electric motorcycle market in 2023.

  • North America is projected to grow at a significant CAGR during 2025–2034.

  • By battery capacity, the 10–15 kWh segment led the market.

  • By product type, the sports segment dominated the industry.


Introduction

Premium electric motorcycles are redefining the two-wheeler industry by merging luxury, sustainability, and advanced technology. Unlike conventional motorcycles, they offer instant torque, quiet operation, AI-powered systems, and smart connectivity, creating a futuristic riding experience.

Governments worldwide are pushing for stringent emission regulations while providing incentives for electric vehicles, encouraging consumers to shift toward eco-friendly personal mobility. With expanding EV infrastructure and increasing consumer awareness of carbon footprints, premium electric motorcycles are poised for substantial adoption in both developed and emerging markets.

Download a Sample of Our Market Intelligence: https://www.towardsautomotive.com/download-sample/1236


Role of AI in the Premium Electric Motorcycle Market

Artificial Intelligence (AI) is transforming the premium electric motorcycle industry by enabling smarter, safer, and more efficient riding experiences.

  • Predictive Maintenance: AI algorithms analyze sensor data to predict and prevent mechanical failures.

  • Battery Optimization: AI improves range and efficiency by dynamically adjusting power delivery.

  • Safety Enhancements: AI-driven rider-assistance systems (ARAS) enable adaptive cruise control, collision warnings, and lane assistance.

  • Personalization: Riders can customize torque delivery, throttle response, and suspension using AI-enabled systems.

For instance, in July 2024, SRIVARU Holding Limited launched an AI-powered lead generation platform designed to manage up to 2,000 daily inquiries for its PRANA 2.0 electric motorcycle bookings.


Market Drivers

Growing Emission Levels Across the World

Rising global emissions have accelerated the adoption of electric motorcycles. With zero tailpipe emissions, premium electric motorcycles are increasingly favored in urban areas, particularly with the rise of low-emission zones and stricter government mandates.

Rapid Focus on Sustainable Transportation

Consumers and governments alike are prioritizing eco-friendly alternatives. Premium electric motorcycles align perfectly with this demand, combining high performance with sustainability.

Invest in Our Premium Strategic Solution:  https://www.towardsautomotive.com/price/1236


Market Restraints

Despite its potential, the market faces challenges:

  • High manufacturing costs compared to traditional motorcycles.

  • Limited charging infrastructure in developing economies.

  • Range anxiety due to charging time and battery limitations.


Battery Type Insights

The 10–15 kWh battery segment dominates the market, offering a practical range of 150–200 km per charge. This segment strikes the balance between performance, affordability, and range, making it the most appealing choice for premium motorcycle users.


Product Insights

The sports motorcycle segment leads the industry, driven by demand from performance enthusiasts. These models offer instant torque, rapid acceleration, and top-tier design aesthetics. Events like MotoE racing circuits have further boosted consumer interest in electric sports motorcycles.


Regional Insights

Europe

Europe remains the largest market due to:

  • Stringent EU emission regulations (including ICE bans by 2035).

  • Rapid expansion of EV charging infrastructure.

  • Presence of premium motorcycle brands like BMW, Ducati, and KTM.

In 2023, the EU recorded 56437 DC chargers and 455902 AC chargers, making it a leader in EV infrastructure.

North America

The market is growing rapidly, fueled by:

  • Rising demand for high-performance motorcycles.

  • Innovations in battery technology and connectivity.

  • Government incentives promoting sustainable mobility.

Brands like Harley-Davidson and Zero Motorcycles are actively shaping this growth.


Top Companies in the Premium Electric Motorcycle Market

Harley-Davidson, Inc.

About: A leading American motorcycle manufacturer with over a century of heritage, Harley-Davidson has pivoted towards electrification with its LiveWire brand.
Products: LiveWire ONE, S2 Del Mar.
Market Cap: Approximately USD 4.4 billion (2025).

Zero Motorcycles, Inc.

About: A California-based company pioneering electric motorcycles since 2006. Known for innovation in lightweight design and range efficiency.
Products: Zero SR/F, Zero DSR/X.
Market Cap: Privately held.

BMW Motorrad

About: The motorcycle division of BMW Group, focusing on luxury and high-performance electric mobility.
Products: BMW CE 04, upcoming Vision DC Roadster.
Market Cap: Parent company BMW Group – approx. USD 75 billion (2025).

Ducati Motor Holding S.p.A.

About: An Italian motorcycle brand owned by the Volkswagen Group, Ducati is integrating electrification into its racing DNA.
Products: Ducati V21L MotoE prototype.
Market Cap: Parent company Volkswagen AG – approx. USD 63 billion (2025).

Ultraviolette Automotive Pvt. Ltd.

About: An Indian EV startup focusing on futuristic performance motorcycles. Recently announced global expansion into Turkey, Germany, and Spain.
Products: Ultraviolette F77, upcoming premium variants.
Market Cap: Privately held.


Recent Developments

  • December 2024: Ultraviolette Automotive to launch new premium electric motorcycles in Europe.

  • November 2024: Hero MotoCorp announced partnership with Zero Motorcycles to co-develop premium EV motorcycles.


Frequently Asked Questions

Q1. What is the market size of the premium electric motorcycle industry?
The market is valued at USD 0.39 billion in 2025 and is projected to reach USD 2.04 billion by 2034.

Q2. Which region currently dominates the market?
Europe leads the market, supported by strict emission laws, advanced EV infrastructure, and the presence of luxury motorcycle brands.

Q3. What is the fastest-growing region?
North America is expected to register significant growth due to high demand for performance-oriented motorcycles and government incentives.

Q4. Which battery segment holds the largest share?
The 10–15 kWh segment dominates, offering a balance between performance, affordability, and range.

Q5. Who are the leading players in the market?
Key players include Harley-Davidson, Zero Motorcycles, BMW Motorrad, Ducati, and Ultraviolette Automotive.

Source : https://www.towardsautomotive.com/insights/premium-electric-motorcycle-market-sizing

Access our exclusive, data-rich dashboard dedicated to the respective market built specifically for decision-makers, strategists, and industry leaders. The dashboard features comprehensive statistical data, segment-wise market breakdowns, regional performance shares, detailed company profiles, annual updates, and much more. From market sizing to competitive intelligence, this powerful tool is one-stop solution to your gateway.

Access Now: https://www.towardsautomotive.com/contact-us

Become a Valued Research Partner with Us – Schedule a meeting: https://www.towardsautomotive.com/schedule-meeting

Request a Custom Case Study Built Around Your Goals: sales@towardsautomotive.com

About Us

Towards Automotive is a leading research and consulting firm specializing in the global automotive industry. We deliver actionable insights across key segments such as electric vehicles (EVs), autonomous driving, connected cars, automotive software, aftermarket services, and more. Our expert team supports both global enterprises and start-ups with tailored research on market trends, technology, and consumer behavior. With a focus on accuracy and innovation, we empower clients to make informed decisions and stay competitive in a rapidly evolving landscape.

Stay Connected with Towards Automotive:

Get ahead of the trends – follow us for exclusive insights and industry updates:

Tumbler | Bloglovin | Medium | Hashnode | Pinterest

Scroll to Top