The electric motorcycle registration data for the Netherlands from 2013 to 2023 shows fluctuating growth with varying rates of increase and decrease. Registrations stood at 481 units in 2023, reflecting a moderate year-on-year increase of 3.66%. Over the past two years, the market has shown a steady but moderate growth trend with a year-on-year increase of 9.27% in 2022 and 3.66% in 2023. The 5-year CAGR up to 2023 stands at 4.18%, indicating a relatively stable growth over a half-decade period.
Forecasted data from 2024 onwards predict a continued though tapering growth with a 5-year CAGR of 2.68%, reaching 568.48 units by 2028. Over the next 5 years, the total anticipated growth rate is 14.13%, highlighting a steady but slowing expansion.
Future trends to watch for include:
- Technological advancements in battery efficiency and range improvements.
- Increased governmental incentives and subsidies for electric vehicles.
- Consumer shifts towards sustainable transportation options.
- Potential impacts of global supply chain disruptions on manufacturing and availability.