From 2013 to 2023, the UK motorcycle market with spark ignition engines over 800 cc displayed a positive growth trajectory, increasing from $19.25 to $30.08 per capita. Over the last two years, the market saw consistent growth: 7.66% from 2021 to 2022 and 1.07% from 2022 to 2023. The five-year CAGR from 2018 to 2023 stood at approximately 0.71%, indicating a steady increase in market value per capita during this period.
Future trends to watch for in this market may include:
- Continued technological advancements in engine efficiencies and environmentally friendly alternatives.
- Increasing consumer preference towards sustainable and innovative transportation solutions.
- The impact of economic factors and regulatory developments on consumer purchasing power and market growth.
| # | 12 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 44.96 | 2023 | View data | ||
| 2 | 2 Italy | 37.65 | 2023 | View data | ||
| 3 | 3 Austria | 34.73 | 2023 | View data | ||
| 4 | 4 Canada | 31.88 | 2023 | View data | ||
| 5 | 5 United Kingdom | 30.08 | 2023 | |||
| 6 | 6 Norway | 25.07 | 2023 | View data | ||
| 7 | 7 Germany | 21.94 | 2023 | View data | ||
