The gross investment in the UK motorcycle sector, covering sales, maintenance, and repair, is projected to rise from £112.7 million in 2024 to £133.8 million in 2028. In 2023, the sector's investment stood at a lower baseline, although exact data for that year isn't provided. Year-on-year forecasts depict consistent growth, with a notable compound annual growth rate (CAGR) over these five years.
Key trends to watch include:
- Increasing consumer demand for sustainable and electric motorcycles
- Technological advancements leading to higher-value investments
- Impact of regulatory changes on the industry
- Potential shifts in consumer spending patterns