In 2023, Italy leads in the number of motorcycle enterprises in Europe, with 347 enterprises, despite a slight decline of -0.51%. The United Kingdom, Spain, and the Netherlands show positive growth, with the Netherlands experiencing the most significant increase at 6.21%. France shows a minor decline, while Poland's enterprises increase by 3.99%. Denmark is notable for a strong surge of 18.47%. Smaller markets like Lithuania and Finland display impressive growth rates, while stable figures are evident in Sweden, Latvia, Luxembourg, and Estonia.
Going forward, pay close attention to the Netherlands' thriving expansion, which could set a trend for northern European markets. Also, observe the impact of Denmark's significant increase, hinting at untapped potential in the Scandinavian region. Eastern European countries like Lithuania and Finland, with high growth rates, might continue to emerge as vibrant markets. Overall, the potential for innovation and emerging markets in the north and east of Europe presents opportunities for industry stakeholders.
Top countries in Motorcycles Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 347 | 2023 | -0.86% | -0.51% | View data |
| 2 | 2 United Kingdom | 120 | 2023 | +1.69% | +1.76% | View data |
| 3 | 3 Spain | 104 | 2023 | +1.96% | +2.04% | View data |
| 4 | 4 Netherlands | 100 | 2023 | +4.17% | +6.21% | View data |
| 5 | 5 France | 92 | 2023 | 0% | -1.26% | View data |
| 6 | 6 Poland | 90 | 2023 | +4.65% | +3.99% | View data |
| 7 | 7 Sweden | 30 | 2023 | 0% | 0% | View data |
| 8 | 8 Portugal | 19 | 2023 | +5.56% | +1.09% | View data |
| 9 | 9 Hungary | 15 | 2023 | +7.14% | +4.56% | View data |
| 10 | 10 Denmark | 14 | 2023 | +16.67% | +18.47% | View data |