Over the past decade, the new registrations of motor coaches, buses, and trolley buses in Austria experienced significant variations. After a sharp increase between 2013 and 2017, the market oscillated, showing a decline in 2018 and then growth varying until 2022. In 2023, the market recorded a small uptick, reaching 1,310 units, which reflects a 2.27% year-on-year increase. The five-year CAGR was 3.04%, indicating moderate growth despite the fluctuations.
Future forecasts from 2024 to 2028 project steady growth in registrations, with an average annual increase of 1.78%, summing to a five-year growth rate of 9.22%. The market is expected to continue its growth trajectory, reaching approximately 1,460 units by 2028.
Future trends to watch for include:
- The adoption of electric and hybrid buses influenced by environmental policies.
- The impact of urban development on public transportation needs.
- Technological advancements in transportation technology.
