In 2023, the national movements of motor coaches, mini coaches, buses, mini buses, and trolley buses in the US stood at 29.64 billion vehicle-kilometers. From 2024 to 2028, a steady year-on-year growth is expected, approximately ranging from 1.1% to 1.7%. The compound annual growth rate (CAGR) over these five years is projected to be roughly 1.3%, indicating a consistent upward trend.
Future trends to watch for:
- Technological advances in vehicle efficiency and autonomous driving.
- Increased demand for public transportation in urban areas.
- Policy changes aimed at reducing carbon emissions.
- Shifts in consumer preferences towards more sustainable transport options.
