The data shows that the number of motor coaches, buses, and trolley buses in Germany has generally increased from 2013 to 2023. The increase was relatively steady until 2019, followed by a significant dip in 2020, likely due to the pandemic, but the market rebounded quickly in 2021, reaching its highest value in 2022. As of 2023, the number stood at 81.71 thousand units, reflecting a modest year-on-year growth of 0.35%. The average yearly variation over the past five years (CAGR) was 0.29%.
Over the forecasted period from 2024 to 2028, the market is expected to see a steady increase, with a projected 5-year CAGR of 0.3% and an overall growth rate of 1.5%.
Trends to watch for:
- Technological advancements, including electric and autonomous buses.
- Regulatory changes focused on sustainability and emissions reduction.
- Potential economic impacts influencing public transportation funding and usage.