In 2023, new buses and coaches registrations in France stood at 6.71 thousand units. Over the past two years, there has been a year-on-year variation of -4.27% in 2022 and 2.92% in 2023. This depicts a slight recovery after a drop. The Compound Annual Growth Rate (CAGR) over the last five years was 1.49%, indicating moderate growth in registrations.
Forecasted data suggest a steady increase in registrations, with the CAGR for the next five years projected at 0.55%. By 2028, the registrations are expected to reach 6.94 thousand units, with an overall growth rate of 2.78% over the forecast period.
Future trends to watch for:
- Advancements in electric and hybrid bus technologies may stimulate new registrations.
- Government policies and incentives aimed at reducing emissions might motivate fleet renewals.
- Global economic conditions and supply chain issues could impact forecast accuracy.
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