Based on historical and forecasted data for the number of buses in France, the count is projected to increase gradually from 28,200 in 2024 to 28,290 by 2028, measured in thousands. The data for 2023 indicates that the number stood at 28,180, thus revealing a stable growth trend.
The year-on-year growth rate is slight, marked by an average increase of about 0.07% each year from 2024 to 2028. This steady rise is reflected in the relatively low variations observed over the past two years and across the forecast period. The Compound Annual Growth Rate (CAGR) over these five years stands at approximately 0.09%, indicating minimal volatility in the market expansion.
Future trends to watch for include advancements in electric and hybrid bus technologies, which may accelerate the adoption of more sustainable transport options. Additionally, policy changes aimed at reducing urban congestion and improving public transport services could further influence the bus market dynamics in France.