The autobuses market in France has shown dynamic fluctuations over the past decade. From 2013 to 2023, values fluctuated with peaks and drops driven by market conditions. The value stood at 2.0161 billion Euros in 2023. The last two years showed a positive trend with year-on-year variations of 6.53% in 2022 and 1.16% in 2023. Over the 5-year period ending in 2023, the market experienced a CAGR of 1.42%. Forecasting into the future, the autobuses market is expected to grow steadily, with a 5-year CAGR of 0.93% and an overall growth rate of 4.76% by 2028 highlighting moderate but consistent market expansion.
Future trends to watch for:
- Technological advancements and adoption of electric and hybrid buses.
- Government policies and incentives aimed at promoting sustainable public transportation.
- Increasing urbanization and the growing demand for public transport infrastructure.