The forecasted ownership of goods road motor vehicles per thousand persons in the US shows a positive trend with a consistent year-on-year increase from 2024 to 2028. The data indicates an annual growth in units, reflecting rising consumer demand, population growth, and possibly improvements in economic conditions that facilitate vehicle purchases.

Year-on-year variations show a steadily increasing pattern, providing a strong indication of a sustained interest and market expansion in vehicle ownership. The Compound Annual Growth Rate (CAGR) over the five-year forecast period supports this optimistic outlook, revealing robust average annual growth.

Future trends to watch for include:

The impact of electric and hybrid vehicle adoption on ownership numbers.
Potential economic fluctuations that could alter consumer purchasing power and vehicle ownership dynamics.
Technological advancements in autonomous and connected vehicles influencing market demand.