New registrations of motorcycles in Norway experienced steady growth from 2024 to 2028, with forecasted values rising from 12.97 thousand in 2024 to 14.38 thousand in 2028. Considering the motorcycle registrations stood at 12.5 thousand in 2023, the industry demonstrates a positive upward trend. Year-on-year growth percentages show consistent increments: 2.9% in 2025, 2.6% in 2026, 2.6% in 2027, and 2.4% in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 2.6%.
Future trends to watch for include advancements in electric motorcycle technology, growing environmental awareness among consumers, and potential changes in transportation policies that may favor motorcycle usage. Additionally, monitoring economic factors that influence consumer purchasing power will be crucial in predicting future market behaviors.
