Forecast: Number of Motor Coaches, Buses and Trolley Buses in Turkey

The number of motor coaches, buses, and trolley buses in Turkey has generally experienced an upward trend from 2013 to 2023, albeit with some fluctuations. 2023 saw a total of 741.69 thousand units, representing a year-on-year growth of 0.95%. A significant dip occurred in 2020 with a 16.13% drop, likely due to the impact of the COVID-19 pandemic. The subsequent recovery saw a substantial 15.62% increase in 2021. The Compound Annual Growth Rate (CAGR) over the last five years stood at 0.99%, indicating moderate growth. Forecasts from 2024 to 2028 suggest a steady increase, with a predicted 0.77% CAGR and an overall 3.92% growth rate during this period.

Future Trends to Watch For:

  • Technology advancements in electric and autonomous buses.
  • Government policies favoring green energy and public transportation investments.
  • Economic fluctuations that might affect public sector spending on transportation.
  • Changing urbanization patterns and their impact on transportation needs.

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