Between 2013 and 2023, the U.S. market for motorcycles with spark ignition engines over 800 cc witnessed fluctuations, with 2023 standing at $10.244 billion. The market saw a significant drop in 2020 by 16.61% due to pandemic-related disruptions but rebounded with a 14.99% increase in 2021. Over the last five years, the CAGR was 0.095%, indicating slow recovery and stabilization.
Future trends to watch:
- Increasing consumer preference towards electric motorcycles may shift the market dynamics.
- Innovation in technology and enhanced performance features could drive market growth.
- Economic conditions and fuel prices will continue to influence consumer spending in this segment.
How does the United States rank in Motorcycles (With Spark Ignition Engine of More than 800 Cc) Market Size Value?
| # | 16 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 10,244,000,000 | 2023 | +0.44% | +0.095% | |
| 2 | 2 Japan | 4,741,600,000 | 2023 | -0.82% | -1.27% | View data |
| 3 | 3 France | 3,038,800,000 | 2023 | +2% | +1.4% | View data |
| 4 | 4 Italy | 2,255,800,000 | 2023 | +1.79% | +1.66% | View data |
| 5 | 5 United Kingdom | 2,030,100,000 | 2023 | +1.36% | +0.86% | View data |