The analysis of motorcycle ownership in Germany shows a steady growth over the past decade. Between 2013 and 2023, the ownership per thousand persons increased from 49.39 to 54.7 units, indicating a consistent upward trend. Specifically, from 2013 to 2018, the year-on-year variation ranged from a high of 1.67% in 2017 to a low of 1.05% in 2018. The Compound Annual Growth Rate (CAGR) followed a similar pattern, peaking at 2.61% in 2013 and gradually decreasing to 1.3% by 2019.
From 2019 to 2023, the year-on-year increase in motorcycle ownership decelerated, with a significant drop to 0.31% in 2023. Correspondingly, the CAGR declined steadily, reaching 0.73% in 2023. This moderation suggests a slowing growth rate over recent years, likely due to market saturation or other external factors impacting the motorcycle market.
Looking ahead, the forecast data from 2024 to 2028 shows a continued but much slower growth trend. The expected annual increase in motorcycle ownership is minimal, with the 5-year CAGR projected at just 0.17%, suggesting a cautious outlook for the market. By 2028, ownership is forecasted to reach 55.34 units per thousand persons.
Future trends to watch include the impact of emerging electric motorcycle technologies, changes in urban transportation policies, and evolving consumer preferences towards environmentally sustainable vehicles. Additionally, economic factors such as purchasing power and regulatory changes may also influence the motorcycle ownership landscape.
