The gross investment in the manufacture of motorcycles sector in the UK demonstrated considerable fluctuations from 2013 to 2023. The value stood at 12.2 million pounds in 2023. Year-on-year variations were highly volatile, peaking with significant increases in 2016 (+133.93%) and experiencing notable declines like in 2015 (-28.21%). The short-term trend from 2021 to 2023 shows a marginal decrease, with a slight drop of 0.81% between 2022 and 2023.
The compound annual growth rate (CAGR) for the last five years up to 2023 is -0.8%. Projecting into the future, the forecasted CAGR from 2024 to 2028 is expected to be -0.57%, indicating a gradual but steady decline in investment. The expected value by 2028 is forecasted to be 11.73 million pounds, reflecting a -2.82% decrease over the five-year period.
Future trends to watch for:
- Potential shifts in consumer preferences towards electric or eco-friendly motorcycles.
- Economic conditions post-2024 and their impact on capital investments.
- Technological advancements and their influence on manufacturing efficiencies and costs.
- Government regulations and incentives related to the automotive sector.