From 2024 to 2028, the new registrations of motorcycles in Spain are forecasted to steadily increase from 185.2 thousand units in 2024 to 191.63 thousand units in 2028. This data indicates consistent growth in the market year-on-year. Specifically, between 2024 and 2025, the market is expected to grow by approximately 0.88%, from 2025 to 2026 by around 0.87%, from 2026 to 2027 by around 0.85%, and from 2027 to 2028 by about 0.83%. This demonstrates a gradually decreasing growth rate year-on-year. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 0.88%.
Future trends to watch for:
- A shift towards electric motorcycles could influence engine capacity preferences.
- Potential regulatory changes might impact market dynamics.
- Emerging technologies could drive new registration increases.