The per capita market size value for motorcycles with spark ignition engines below 50 cc in the US was $1.20 in 2023. The forecast indicates a slow decline from $1.17 in 2024 to $1.04 in 2028, showing an average year-on-year decrease of 2.8%. The compound annual growth rate (CAGR) over these five years reflects a consistent trend of gradual decline.
Future trends to watch for include:
- Increased consumer interest in electric alternatives following environmental policies.
- Potential impact of economic factors influencing consumer spending on lower-powered motorcycles.
- Technological advancements improving the efficiency of traditional engines, possibly slowing the decline.