In 2024, China leads global bus and coach production with 87.74 thousand units, although this represents a 10.54% decline from the previous year. India follows with 63.83 thousand units, marking a 9.47% increase year-on-year. Brazil sees a decrease of 5.8% with 21.16 thousand units. Russia and South Korea produce 12.83 and 8.13 thousand units, representing changes of -0.52% and -11.24% respectively. European countries like Poland (7.0 thousand units) and Czech Republic (5.46 thousand units) also see modest increases. Japan's production declines by 13.77% to 4.58 thousand units. Smaller markets such as Ukraine, Belarus, and Kazakhstan show mixed trends.
Year-on-year variations reveal significant movements, with dramatic declines in the UK (-32.92%), Italy (-16.2%), Belgium (-22.5%), and Japan (-13.77%), while Kazakhstan (31.67%) and Ukraine (15.55%) show notable increases. Poland and Czech Republic exhibit modest growth, while China, South Korea, and other major producers experience declines.
Looking ahead, global shifts in environmental regulations, technological advancements in electric and autonomous vehicles, and changes in public transportation demand due to urbanization and COVID-19 recovery will significantly influence production trends. Watch for increased investments in green technology and market consolidation in the coming years.
Top countries in Buses and Coaches Production by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 87,740 | 2023 | -1.43% | -10.54% | View data |
| 2 | 2 India | 63,830 | 2023 | -12.62% | +9.47% | View data |
| 3 | 3 Brazil | 21,160 | 2023 | -33.41% | -5.8% | View data |
| 4 | 4 Russia | 12,830 | 2023 | +6.66% | -0.52% | View data |
| 5 | 5 South Korea | 8,130 | 2023 | -1.51% | -11.24% | View data |
| 6 | 6 Poland | 7,000 | 2023 | +38.26% | +3.45% | View data |
| 7 | 7 Czech Republic | 5,460 | 2023 | +2.52% | +2.21% | View data |
| 8 | 8 Japan | 4,580 | 2023 | +27.79% | -13.77% | View data |
| 9 | 9 Indonesia | 2,000 | 2023 | -2.3% | -10.39% | View data |
| 10 | 10 Ukraine | 1,710 | 2023 | +36.63% | +15.55% | View data |