The US market for motorcycles with spark ignition engines of 50-250 cc showed varying trends from 2013 to 2023. By 2023, the market size value per capita was $7.92. After a dip in 2020, there was an upward trend, with a notable 8.9% increase from 2021 to 2022, followed by a 1.54% increase in 2023. Over the last five years, the compound annual growth rate (CAGR) averaged at 2.73%, indicating healthy growth despite short-term fluctuations.
Future trends to watch include:
- Growing interest in eco-friendly alternatives and electric motorcycles.
- Impact of technological advancements on motorcycle features and safety.
- Changing consumer preferences influenced by urbanization and smart mobility solutions.
