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European Motorcycle Industry Contributes 35 Billion Euros to Economy

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European Motorcycle Industry Contributes 35 Billion Euros to Economy
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Foto: ANESDOR (Motonomics Conference)

The motorcycle industry has firmly established itself as a premier economic powerhouse across Europe. According to a comprehensive new report compiled by Oxford Economics and presented by the European Association of Motorcycle Manufacturers (ACEM) during the MOTONOMICS conference at EICMA in Milan, the sector contributes a staggering 35.1 billion euros to the GDP of the European Union and the United Kingdom.

Beyond serving as an efficient daily mobility solution or a practical commuting alternative to beat urban congestion, the two-wheeled sector drives a robust industrial, commercial, and service network. The latest study, titled The Economic Importance of Motorcycles to Europe, reveals that the industry successfully sustains 481,600 jobs while injecting 20.6 billion euros into public coffers through various taxation streams.

These impressive metrics highlight motorcycling as a strategic pillar for the European economy, especially as manufacturers face mounting international pressure and competition from emerging global markets, notably China. The core of this robust economic muscle stems from a deeply integrated network encompassing vehicle manufacturing, official dealership networks, maintenance, and technical repair operations.

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A breakdown of the numbers shows that manufacturing, distribution, and repair activities alone account for 26.7 billion euros of GDP while supporting 356,700 jobs. Furthermore, the specialized gear market—including helmets, technical riding apparel, and protective equipment—adds another 5.7 billion euros and approximately 89,000 jobs. Meanwhile, motorsport competitions, specialized trade fairs, and promotional events generate an additional 2.7 billion euros and roughly 36,000 jobs.

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The sector's economic multiplier effect remains remarkably potent. For every single euro of GDP generated directly by the motorcycle industry, an additional 2.30 euros of economic activity is stimulated across the broader economy. This dynamic proves that the two-wheeled sector serves as a vital economic catalyst, underpinning long-term industrial growth and employment stability across the continent.

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