The production in the manufacture of motorcycles sector in France has shown significant growth over the past decade, reflecting an upward trajectory from 270.9 million Euros in 2013 to 883.0 million Euros in 2023. The year-on-year variations highlight periods of sharp increases, particularly in years like 2019 (+21.27%) and 2020 (+29.98%), which propelled the sector towards robust growth. Most notably, the sector experienced an annual average growth rate, or CAGR, of 17.97% over the last five years.
Future Trends to Watch for:
- Strong growth is forecasted to continue, albeit at a reduced rate, with expected values reaching 1080.0 million Euros by 2028.
- The forecasted 5-year CAGR is 2.73%, suggesting a more stabilizing phase after years of rapid expansion.
- Innovations in electric motorcycles and increased demand for sustainable transport solutions might further influence production volumes.