In 2023, the market size for motorcycles with a spark ignition engine of more than 800 cc stood at approximately 1.2120 billion USD in Canada. Over the forecast period from 2024 to 2028, the market is expected to experience a modest annual growth rate, with year-on-year percentage increases ranging from around 0.16% to 0.18%. The compound annual growth rate (CAGR) over this five-year forecast period is expected to be approximately 0.17%.

Future trends to watch for include:

Technological advancements in motorcycle design and fuel efficiency.
Potential shifts in consumer preferences towards electric motorcycles.
Impact of government regulations and incentives for reducing carbon emissions.
Market dynamics influenced by shifts in economic conditions and consumer spending power.
Potential demographic shifts impacting the target customer base for high-capacity motorcycles.