New bus and coach registrations in Turkey have shown significant volatility over the past decade. In 2023, registrations stood at 11.95 thousand units, marking a 4.92% year-on-year increase from 2022. Over the last two years, the market exhibited a cautious recovery with an average annual growth rate (CAGR) of -6.77% from 2021 to 2023. Looking further back, the period from 2018 to 2022 showed consecutive declines, with a steep drop of 38.85% in 2018, highlighting a challenging period for the market. However, future forecasts are more optimistic, predicting a 17.32% growth by 2028, with an expected 5-year CAGR of 3.25%.

Future trends to watch for include:

Technological advancements in bus and coach manufacturing, potentially improving efficiency and reducing costs.
Government incentives and policies promoting sustainable public transportation options.
Macroeconomic conditions and their impact on public transportation funding and infrastructure investment.
Changes in consumer preferences towards more eco-friendly and advanced public transport solutions.