The number of motorcycles in Spain is forecast to grow steadily from 2024 to 2028, reflecting a consistent annual increase. In 2023, the number stood at 3.67 million. Forecasted figures indicate a rise to 3.7217 million in 2024 and up to 3.9277 million by 2028. This averages out to an approximate annual growth rate of 1.8% over the five-year period.
Future trends to watch for include:
- Impact of increasing fuel prices on motorcycle sales
- Advancements in electric motorcycle technology
- Shifts in consumer preferences towards eco-friendly transportation
- Regulatory changes affecting the automotive sector
