The US market for motorcycles with spark ignition engines of less than 50 cc has experienced fluctuating per capita values over the last decade. In 2023, the value was $1.21, showing a slight decrease from 2022. From 2019 to 2023, a negative Compound Annual Growth Rate (CAGR) indicated a general decline in market value. The years 2020 to 2021 showed a recovery with a 11% increase, though the growth slowed to 2.5% in 2022, before another slight decline in 2023.
Looking ahead, trends to watch for include the impact of increased urbanization, environmental regulation on emissions, and a potential rise in electric scooter adoption which could shift consumer preferences away from traditional gasoline-powered models.
