The Autobuses Market Size Volume in France has shown variability over the years, with values ranging from 5.8 thousand in 2012 to 9.98 thousand in 2022. Initially, the market showed mixed growth, with a drop in 2014 but increasing steadily from 2015 onwards, achieving a significant peak in 2019. The market faced slight declines in 2020 and 2021, potentially due to global events, but rebounded strongly in 2022.
Key Year-on-Year Variations:
- 2012: -4.92%
- 2013: 10.34%
- 2014: -7.81%
- 2015: 13.56%
- 2016: 13.43%
- 2017: 1.32%
- 2018: 1.3%
- 2019: 25.64%
- 2020: -4.08%
- 2021: -1.84%
- 2022: 8.17%
The Compound Annual Growth Rate (CAGR) has also varied, with the last recorded 5-year CAGR being 5.33%. Going into 2023, the market size is expected to witness continued growth, driven by post-pandemic recovery and increased demand for public transportation.
Future trends to watch for:
- Emergence of electric and hybrid buses as part of environmental initiatives.
- Expansion of public transport networks in urban areas.
- Potential government subsidies and policies favoring public transport.