The electric motorcycle market in Germany has exhibited significant growth, especially in recent years. In 2023, registrations stood at 12,940 units, showing a 36.98% year-on-year increase from 2022. Over the past decade, the market has expanded dramatically, with some years experiencing over 100% growth. From 2024 onwards, based on forecasts, this growth is expected to continue, albeit at a more moderated but still robust average annual rate of 14.53%, culminating in nearly double the registrations by 2028 compared to 2023.
The last two years saw particularly rapid increases, correlating with a 166.73% growth in 2022 and 36.98% in 2023. The last 5-year CAGR from 2018-2023 was a substantial 83.61%, reflecting the market's dynamic surge. Moving forward, the five-year CAGR from 2024-2028 is anticipated at 14.53%, signifying continued growth but at a slower pace compared to the exponential increases observed previously.
Future trends to watch for include advancements in battery technology, policy changes favoring electric vehicles, and growing environmental awareness among consumers. These factors are likely to drive sustained interest and adoption in the electric motorcycle market.
