In 2023, the modal share of motor coaches, buses, and trolley buses in the UK was recorded at 3.6%. Forecasts for 2024 to 2028 indicate a gradual decline in these shares, starting at 3.5% in 2024 and decreasing to 3% by 2028. Analyzing the year-on-year variations, there is a slight decrease each year. The compound annual growth rate (CAGR) over the five-year period suggests a steady negative trend.
Future trends to watch for:
- Electrification of public transportation, influencing modal shares.
- Shifts in consumer behavior towards sustainable transport options.
- The impact of policy changes on public transport infrastructure investments.