In Belgium, electric motorcycle registrations have grown significantly, beginning with 35 units in 2013 and reaching 368 units in 2023. While there have been fluctuations, the overall trend has been positive, with substantial year-on-year increases, especially between 2017 and 2019. However, 2020 saw a notable dip of 22.82%, likely influenced by external factors such as the pandemic. The compound annual growth rate (CAGR) for the past five years stands at 15%. Future forecasts predict moderate growth, with registrations expected to reach 475.27 units by 2028 and a forecasted 5-year CAGR of 4.06%.
Future trends to watch for:
- Technological advancements in battery efficiency and charging infrastructure.
- Government incentives and policies encouraging electric vehicle adoption.
- Increased consumer awareness and demand for sustainable transport solutions.
- Potential market saturation and competition from other electric vehicle segments.
