The US market for motorcycles with spark ignition engines of 250-500 cc grew steadily from 2013 to 2023, reaching a value of $2.9248 billion in 2023. Year-on-year growth fluctuated, with notable increases in 2015 (16.33%) and 2017 (20.95%), but also declines in 2014 (-8.07%), 2018 (-0.82%), and 2020 (-13.89%). These variations point to a resilient market, despite sporadic challenges.
Recent trends show a moderate growth of 3.18% in 2023, with a five-year CAGR of 3.56%. Looking ahead, factors like consumer preference shifts towards sustainable transportation, technological advancements, and economic conditions will likely influence market direction.
