Electric Power Sports Market Size - By Vehicle (All-Terrain Vehicle (ATV), Utility Terrain Vehicle (UTV), Watercraft, Snowmobile, Motorcycle), Growth Prospects, Regional Outlook & Global Forecast, 2024 - 2032

Alke, Damon Motors Inc., Energica Motor Company S.p.A, Greenworks Commercial, Harley-Davidson, Inc., Intimidator UTV, Polaris, Inc., TACITA S.r.l, Taiga Motors Inc., and Zero Motorcycle.

Asia Pacific electric power sports market share was over 93% in 2023 and will grow through 2032 owing to the growing investment in lithium-ion innovations for improved performance and extended range for electric-powered recreational vehicles in the region.

The motorcycle segment held a major market share of around 99% in 2023 and is expected to grow significantly through 2032 with the introduction of electric motorcycles with long-range capabilities.

Electric Power Sports Market was valued at USD 9.2 billion in 2023 and is anticipated to register a 6% CAGR between 2024 and 2032 owing to the rising demand for a unique riding experience with electric snowmobiles.