The market for passenger vehicles with spark-ignition engines of a cylinder capacity of less than 1,500 cm³ in the UK was at 878.75 thousand units in 2023. Forecasted figures from 2024 to 2028 show a steady growth pattern, with the expected volume reaching 937.38 thousand units by 2028. The year-on-year growth rate hovers around 1.35%, while the compound annual growth rate (CAGR) for the period 2024-2028 is approximately 1.3%, indicating consistent market expansion.

Future trends to watch for include:

Potential regulatory impacts on small engine vehicles amidst the push for electric vehicles.
The influence of economic conditions on consumer preferences for fuel-efficient and cost-effective transport solutions.
Technological advancements in hybrid and alternative fuel technologies that could shift market dynamics.