In 2023, the number of motor coaches, buses, and trolleybuses in Norway stood at 14.22 thousand. Over the forecasted period from 2024 to 2028, a consistent decrease is observed. In 2024, the forecasted value is 13.94 thousand, showing a decline of approximately 1.97% compared to 2023. This decline continues over the forecast period, with the values in 2025 at 13.66, in 2026 at 13.39, in 2027 at 13.12, and in 2028 at 12.85 thousand. The compound annual growth rate (CAGR) from 2024 to 2028 averages a decline of around 2% per year.
Future trends to watch for:
• Technological advancements, including electric and autonomous vehicles, could reshape the market.
• Policy changes focused on sustainability may influence the adoption rates of various transportation modes.
• Infrastructure development and urbanization trends will impact the demand for and deployment of buses and trolleybuses.
