In 2023, the turnover for the sale, maintenance, and repair of motorcycles and related parts and accessories sector in Germany was estimated at 5.45 billion euros. Projections indicate a steady growth trend, with turnover expected to reach 5.66 billion euros in 2024, reflecting a 3.85% year-on-year increase. By 2028, the sector's turnover is forecasted at 6.5 billion euros, signifying a compound annual growth rate (CAGR) of approximately 4.42% from 2024 to 2028.
Future trends to watch for:
- Increased focus on electric motorcycles and related infrastructure as environmental concerns rise.
- Growing demand for advanced motorcycle accessories catering to connectivity and safety.
- Potential market shifts due to evolving consumer preferences and regulatory changes in emissions standards.