The forecast for new bus registrations in Finland for 2024 is 140.2 s. This marks a decline from 2023, where the value stood at 143. Over the forecast period from 2024 to 2028, there is a consistent year-on-year decline in new registrations. Specifically, the values drop from 140.2 in 2024 to 131.1 in 2028, yielding a Compound Annual Growth Rate (CAGR) of -1.8% over the five-year period.
Year-on-Year Variation:
- From 2023 to 2024: -1.96%
- From 2024 to 2025: -1.64%
- From 2025 to 2026: -1.67%
- From 2026 to 2027: -1.70%
- From 2027 to 2028: -1.65%
Future Trends to Watch:
- Adoption of electric and hybrid buses may influence future registration numbers.- Economic conditions and government policies toward public transportation investments.- Urbanization trends and population growth in urban areas.- Advances in bus technology and their impact on replacement cycles.
