The number of motor coaches, buses, and trolley buses in Spain has shown a positive trend from 2013 to 2023, with occasional fluctuations. By 2023, the volume stood at 66.78 thousand units. From 2018 to 2023, the market displayed an average annual growth rate (CAGR) of 0.36%. The year-on-year variations displayed periods of growth and slight contractions, notably a decline in 2020 due to the pandemic's impact, followed by a recovery phase.
Looking ahead, the forecasted data from 2024 to 2028 anticipates continued growth, with a CAGR of 0.76%. The market is expected to reach 70.06 thousand units by 2028, representing a 3.87% growth from 2023.
Future trends to watch for include the adoption of environmentally friendly transportation, technological advancements in vehicle automation, and an increase in public transport usage driven by urbanization and regulatory policies promoting sustainable mobility solutions. The market is poised for gradual growth, emphasizing innovation and green energy solutions.
