The number of CNG motor coaches, buses, and trolley buses in Turkey has shown a fluctuating trend over the past decade. Starting from 2.05 thousand units in 2013, the value rose steadily to reach 3.15 thousand units by 2019. The year 2020 saw a significant decline by 15.05%, attributing to external factors, but rebounded with a 17.01% increase in 2021. As of 2023, the value stands at 3.44 thousand units. The average CAGR over the last five years leading up to 2023 is approximately 2.26%, indicating moderate growth. Forecasts predict that the number will continue to grow, achieving 3.79 thousand units by 2028, with an expected average CAGR of 1.6% over the next five years.
Future trends to watch for:
- Adoption of cleaner energy technologies which could impact the growth rate of CNG vehicles.
- Government policies and incentives promoting sustainable transportation.
- Technological advancements in CNG vehicle efficiency and infrastructure development.
- Market dynamics influenced by fuel prices and availability.
