The French market for motorcycles with spark ignition engines of 50-250 cc has demonstrated significant fluctuations over the past decade. From a high of $1.0129 billion in 2012, the market value contracted to $0.68048 billion by 2022. Year-on-year variations indicate notable declines, particularly in 2013 (-15.2%) and 2020 (-18.84%), the latter likely influenced by the COVID-19 pandemic. However, some growth spurts were observed in 2018 (11.95%) and 2021 (11.91%), stabilizing the long-term decline. The compound annual growth rate (CAGR) over the past five years sits at -0.34%, indicating a gradual but overall market decline.
Looking forward to 2024 and beyond, several trends are critical to monitor:
- Advancements in electric motorcycles as an alternative to internal combustion engines.
- Government regulations and incentives aimed at reducing emissions which may boost the adoption of smaller engine capacity motorcycles.
- Changing consumer preferences towards more sustainable and cost-efficient transport options.
How does France rank in Motorcycles (With Spark Ignition Engine of 50-250 Cc) Market Size Value?
| # | 20 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 11,523,000,000 | 2023 | +3.54% | +2.73% | View data |
| 2 | 2 United States | 2,617,400,000 | 2023 | +1.78% | +1.81% | View data |
| 3 | 3 Japan | 2,018,600,000 | 2023 | -1.48% | -2.56% | View data |
| 4 | 4 Pakistan | 779,290,000 | 2023 | +2.16% | +2.33% | View data |
| 5 | 5 Italy | 771,290,000 | 2023 | -2.97% | -3.04% | View data |
| 6 | 6 France | 665,270,000 | 2023 | -2.24% | -3.01% | |
| 7 | 7 Uganda | 461,580,000 | 2023 | +8.55% | +11.17% | View data |
| 8 | 8 Germany | 332,720,000 | 2023 | -2.25% | -2.68% | View data |
