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

The number of motor coaches, buses, and trolley buses in Austria has shown gradual growth from 2013 to 2023, reaching a value of 10,170 units in 2023. The data indicates periods of stability, such as from 2018 to 2019, and significant disruptions particularly in 2020 due to external factors, potentially the COVID-19 pandemic, which caused a steep decline of 16.72% in 2020. Recovery was apparent in 2021 with a 14.82% increase, followed by a modest rise in subsequent years. The CAGR from 2019 to 2023 averaged at 0.26%, reflecting a trend towards stabilization and gradual recovery.

Regarding future trends, forecasted data from 2024 to 2028 shows a steady increase, with an estimated CAGR of 0.27%. This projection suggests cautious optimism, pointing towards a slow yet sustained growth pattern. The sector should monitor advancements in green technologies, potential regulatory changes, and shifts in public transportation preferences which could significantly impact future trends.

Top Countries about Bus