The 2023 data shows Germany leading the Global Motorcycles Market size with a value of 9.4694 billion USD, experiencing a 6.61% increase year-on-year. Italy and France saw declines of 0.74% and 6.61%, respectively. Significant growth is observed in Uganda at 9.75%, while South Africa recorded a notable decrease of 11.51%. Over the last five years, Germany has demonstrated strong growth, with Kenya and Uganda also showcasing substantial upward trends.
Future trends indicate a continued rise in emerging markets like Uganda and Kenya, driven by urbanization and a growing middle class. Additionally, sustainability trends are expected to heavily influence future growth, with electric motorcycles gaining increased traction globally.
Top countries in Motorcycles Market Size Value by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,469,400,000 | 2023 | +3.95% | +6.61% | View data |
| 2 | 2 Italy | 5,294,200,000 | 2023 | -1.59% | -0.74% | View data |
| 3 | 3 France | 4,765,200,000 | 2023 | -10.74% | -6.61% | View data |
| 4 | 4 United Kingdom | 3,144,100,000 | 2023 | -0.48% | -1.07% | View data |
| 5 | 5 Canada | 1,822,400,000 | 2023 | -0.11% | -1.67% | View data |
| 6 | 6 Austria | 1,301,400,000 | 2023 | +2.95% | +4.67% | View data |
| 7 | 7 Kenya | 807,070,000 | 2023 | +5.19% | +6.5% | View data |
| 8 | 8 Sweden | 676,410,000 | 2023 | +2.81% | +3.71% | View data |
| 9 | 9 Israel | 585,200,000 | 2023 | +8.96% | +4.2% | View data |
| 10 | 10 New Zealand | 529,820,000 | 2023 | +3.26% | +2.12% | View data |
