The number of CNG motor coaches, buses, and trolley buses in Sweden stood at 2.63 thousand units in 2023. From 2013 to 2023, the trend showed growth with some fluctuations, such as a significant drop in 2020 by 16.08%. The 2021 rebound exhibited a 15.67% increase, followed by moderate growth rates in subsequent years. The last calculated CAGR over five years up to 2023 is 1.03%. Forecasts predict a continued upward trend with a 0.81% average annual growth rate through to 2028, with a forecasted growth rate of 4.09% over five years.
Future trends to watch for:
- Government policies and incentives promoting electric and alternative fuel public transportation.
- Technological advancements in CNG vehicle efficiency and infrastructure.
- Shifts in public transportation demand due to urbanization and environmental concerns.