As of 2024, the forecasted number of motorcycles in the US stands at 370 units per thousand USD GDP. A declining trend is observed from 2024 to 2028, with values reducing annually to 340 units by 2028. This indicates a year-on-year decrease of approximately 2.7% from 2024 to 2027, stabilizing in 2028. The compound annual growth rate (CAGR) over the five-year period projects a consistent downward trend reflecting evolving market and economic conditions.
Future trends to watch for:
- Shifts towards electric motorcycles driven by environmental policies.
- Increasing consumer preferences for alternative transportation modes.
- Potential economic impacts influencing consumer purchasing power and spending on leisure vehicles.
