In 2023, the share of motorcycles in total road motor vehicles in Italy stood at 12.79%. Analyzing the years 2022 to 2023, there was a year-on-year increase of approximately 0.31%. From 2021 to 2022, the share increased by around 0.39%. The compound annual growth rate (CAGR) over the last five years is approximately 0.16%, indicating a steady but moderate growth in the share of motorcycles.
The forecast data from 2024 to 2028 shows a continued but slow growth in the percentage, with an anticipated 0.78% total increase over five years. The market is expected to reach a share of 12.92% by 2028, highlighting a stable trend.
Future trends to watch for include:
- Increasing environmental regulations which may affect motorcycle emissions standards.
- Technological advancements in electric and hybrid motorcycles.
- Changes in urban mobility preferences contributing to higher motorcycle adoption.