The number of motorcycles by engine capacity in Turkey stood at 3.018 million units in 2023. From 2024 to 2028, the projected increase is consistent, with values rising from 3.0664 million in 2024 to 3.2696 million in 2028. The year-on-year percentage increase shows a steady growth trend:
- 2024: 1.6% increase
- 2025: 1.68% increase
- 2026: 1.64% increase
- 2027: 1.6% increase
- 2028: 1.55% increase
The compound annual growth rate (CAGR) for the entire period of 2023 to 2028 is approximately 1.63%.
Future trends to watch for include the potential impact of new emissions regulations, economic fluctuations affecting consumer purchasing power, and the shift towards more environmentally friendly electric motorcycles. Additionally, technological advancements and innovations in engine efficiency could alter market dynamics significantly.
