Between 2013 and 2023, the sold production of motorcycles in Germany showed substantial fluctuations. The value reached a peak of EUR 1,075.3 million in 2019 before sharply declining by 80.86% in 2020, likely due to the impact of the COVID-19 pandemic. Following this drop, the market experienced a significant rebound with values recovering to EUR 1,037.4 million in 2022, and further growing by 32.23% in 2023, standing at EUR 1,371.7 million. The five-year CAGR from 2019 to 2023 was approximately 5.95%.
Looking ahead, forecasts suggest continued growth, with an expected rise to EUR 2,022.9 million by 2028, reflecting an anticipated five-year CAGR of 6.1% and a forecast five-year growth rate of 34.45%.
Future trends to watch for include:
- Innovation in electric motorcycles driven by environmental regulations and consumer demand for sustainable mobility solutions.
- Impact of economic conditions on consumer spending habits in the automotive sector.
- Technological advancements improving safety and performance features of motorcycles.
- Market integration strategies among European manufacturers and global trade agreements.
