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Home Oil & Gas Electricity Metals Treasuries Stocks My Portfolios Forex
News - Full Story Electric Dirt Bike Market Size to Grow USD 9.26 Billion by 2030 at a CAGR of 19.75% | Valuates Reports

BANGALORE, India, April 16, 2024 /PRNewswire/ -- Electric Dirt Bike Market is Segmented by Type (Electric Motorcycle, Electric Bike), by Application (E-Commerce, Retail Store).

Electric Dirt Bike Market was valued at USD 2.66 Billion in 2023 and is anticipated to reach USD 9.26 Billion by 2030, witnessing a CAGR of 19.75% during the forecast period 2024-2030.

Europe Electric Dirt Bike Market Size:

Europe Electric Dirt Bike Market is estimated to increase from USD 1.32 Billion in 2023 to reach USD 4.32 Billion by 2030, at a CAGR of 17.81% during the forecast period of 2024 through 2030.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-27S14103/Global_Electric_Dirt_Bike_Market

Major Factors Driving the Growth of Electric Dirt Bike

Because of a confluence of elements that are in line with contemporary consumer desires, the culture surrounding electric dirt bikes is expanding quickly. Recreational activities that are sustainable are becoming more and more popular as people become more environmentally conscious. Riders that are concerned about the environment will find that electric dirt motorcycles are a more silent and emission-free option than their gasoline-powered rivals.

Furthermore, improvements in technology have improved the efficiency and dependability of electric versions, increasing their appeal and accessibility to a wider range of users. As off-road fans look for environmentally responsible solutions that complement their values of adventure and sustainability, the growing popularity of outdoor activities and off-road leisure serves as additional fuel for the growth of the electric dirt bike culture.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-27S14103/global-electric-dirt-bike

TRENDS INFLUENCING THE GROWTH OF ELECTRIC DIRT BIKE MARKET

The market for electric dirt bikes is expanding significantly as a result of increased sustainability awareness and environmental concerns. Eco-friendly transportation options are in greater demand as people grow more aware of their carbon footprint. Compared to conventional gasoline-powered versions, electric dirt motorcycles are a cleaner and more environmentally friendly choice because they emit no emissions when in use. This eco-friendly appeal draws in customers who care about the environment and helps the industry grow.

Government programs that promote electric cars and lower greenhouse gas emissions have given the market for electric dirt bikes a lot of encouragement. To encourage people to buy electric vehicles, including dirt motorcycles, some nations provide incentives including tax credits, subsidies, and rebates.

The demand for Electric Dirt Bikes has increased due to the rising appeal of off-road leisure activities. A rising number of outdoor lovers, thrill-seekers, and adventurers are choosing dirt riding as a recreational activity. Compared to conventional versions, electric dirt motorcycles are quieter and better for the environment. They let riders explore off-road trails and terrain without upsetting wildlife or harming the environment. The market for electric dirt bikes has grown as a result of the inclination toward outdoor activity.

Compared to their gasoline-powered counterparts, electric dirt motorcycles are significantly less expensive and provide more economic advantages. Long-term cost advantages are offered to customers by electric dirt motorcycles due to their decreased maintenance needs and fuel expenses. Furthermore, compared to internal combustion engines, electric motors have fewer moving parts, which means they require less maintenance and have a longer lifespan.

Consumer preferences and the uptake of electric dirt bikes are being driven by a larger cultural movement towards electric transportation. Customers are becoming more open to the concept of electric-powered off-road vehicles as electric cars gain popularity and social acceptance. The demand for Electric Dirt Bikes as a contemporary and environmentally responsible form of transportation and enjoyment is being driven by the cultural change towards sustainability and technical progress, which is in line with the ideals and ambitions of many customers. The market for electric dirt bikes has been steadily expanding thanks in part to this cultural support and acceptance of electric transportation.

Buy Now: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-27S14103&lic=single-user

ELECTRIC DIRT BIKE MARKET SHARE ANALYSIS

Due to a number of factors including growing off-road leisure culture, legislative backing, and growing environmental concern, North America retains a sizable portion of the market for electric dirt bikes. Consumers are encouraged to choose electric dirt motorcycles in the US and Canada due to strict pollution restrictions and incentives for electric automobiles. The region's vast network of recreational parks and off-road paths also draws riders looking for quieter, more environmentally friendly alternatives to typical dirt motorcycles.

Purchase Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-27S14103/Global_Electric_Dirt_Bike_Market

Key Companies:

  • Zero Motorcycles
  • CAKE
  • Segway
  • Kuberg
  • Tactica
  • Alta Motors
  • Bultaco
  • MotoTec
  • Stark Future
  • Surron
  • Trevor Motorcycles
  • Talaria Bikes
  • OSET Bikes(Triumph Motorcycles)
  • Graft-EV
  • E-Racer
  • FLUX Performance

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

- The dirt bike market was valued at USD 9.1 Billion in 2021, and is estimated to reach USD 18.0 Billion by 2031, growing at a CAGR of 7.0% from 2022 to 2031.
- Used Bike Market
- Mini Dirt Bikes Market
- Kids Pit Bikes Market
- Mini Pit Bikes Market
- Electric Scooter and Motorcycle market was valued at USD 5682.6 Million in 2023 and is anticipated to reach USD 8169.5 Million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
- The global micromobility market was valued at USD 40.19 Billion in 2020, and is projected to reach USD 195.42 Billion by 2030, registering a CAGR of 17.4% from 2021 to 2030.
- Automotive Interior Leather Market was estimated to be worth USD 5173.4 Million in 2023 and is forecast to a readjusted size of USD 6737.6 Million by 2030 with a CAGR of 3.8% during the forecast period 2024-2030.
- EV Pyro-Fuse Market revenue was USD 470.1 Million in 2022 and is forecast to a readjusted size of USD 1387.3 Million by 2029 with a CAGR of 13.6% during the forecast period (2023-2029).
- The global electric vehicle market was valued at USD 163.01 Billion in 2020 and is projected to reach USD 823.75 Billion by 2030, registering a CAGR of 18.2% from 2021 to 2030.
- Electric Car market size is estimated to be worth USD 154350 Million in 2022 and is forecast to a readjusted size of USD 597340 Million by 2028 with a CAGR of 25.3% during the review period.
- Electric Vehicle Battery market size is estimated to be worth USD 56690 Million in 2022 and is forecast to be a readjusted size of USD 302610 Million by 2028 with a CAGR of 32.2% during the forecast period.
- The global electric vehicle motor market was valued at USD 5.5 Billion in 2021 and is projected to reach USD 34.4 Billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.
- Electric Vehicle Battery Recycling market size is projected to reach USD 2426.4 Million by 2028, from USD 1176.3 Million in 2021, at a CAGR of 10.8% during 2022-2028.
- The Electric Vehicle Range Extender market was valued at USD 200.2 Million in 2023 and is anticipated to reach USD 590.4 Million by 2030, witnessing a CAGR of 16.2% during the forecast period 2024-2030.
- In 2020, the global Electric Vehicle Battery Pack market size was USD 37360 Million and it is expected to reach USD 230700 Million by the end of 2027, with a Compound Annual Growth Rate (CAGR) of 29.7% during the forecast period 2021-2027
- EV Charging Cables market is estimated to be worth USD 618.4 Million in 2022 and is forecast to a readjusted size of USD 3672.2 Million by 2028 with a CAGR of 34.6% during the review period.
- Electric Car Battery Market
- Micro Electric Vehicle Market
- Electric Vehicle Motor (EVM) Controller Market
- Four-Wheel Low-Speed Electric Vehicle Market
- Electric Vehicle Virtual Prototyping Market
- Electronic Expansion Valve for Electric Vehicles market was valued at USD 145 Million in 2023 and is anticipated to reach USD 863 Million by 2030, witnessing a CAGR of 29.6% during the forecast period 2024-2030.
- IGBT and SiC Module for EV (Electric Vehicle) market is projected to reach USD 17090 Million in 2029, increasing from USD 4562 Million in 2022, with a CAGR of 21.3% during the period of 2023 to 2029.
- Immersion Cooling Liquid for Electric Vehicle market is projected to reach USD 980 Million in 2029, increasing from USD 326 Million in 2022, with a CAGR of 16.8% during the period of 2023 to 2029.
- Electric Commercial Vehicle Market estimated at USD 110540 Million in the year 2022, is projected to reach a revised size of USD 178560 Million by 2028, growing at a CAGR of 8.3% during the forecast period 2022-2028.
- High Security Registration Plates (HSRP) market size is expected to reach USD 756 Million by 2029, growing at a CAGR of 6.3% from 2023 to 2029.
- Vehicle Upfitting Service market is projected to reach USD 1251 Million in 2029, increasing from USD 726 Million in 2022, with a CAGR of 8.1% during the period of 2023 to 2029.
- Truck Camper market was valued at USD 48680 Million in 2023 and is anticipated to reach USD 81880 Million by 2030, witnessing a CAGR of 7.2% during the forecast period 2024-2030.
- Wheel Chocks Market
- Ground Protection Mats Market

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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