In 2023, new bus registrations in Switzerland stood at 546 units. The forecasted data for the following years shows a steady but modest growth: 549 registrations in 2024, increasing slightly to 552 in 2025, 553 in 2026, 555 in 2027, and reaching 556 by 2028.
Year-on-year, the variations are minimal, with a percentage increase of approximately 0.55% from 2024 to 2025, 0.18% from 2025 to 2026, 0.36% from 2026 to 2027, and 0.18% from 2027 to 2028. The compounded annual growth rate (CAGR) over this period is estimated at around 0.36%, indicating a very stable but low growth trend.
Future Trends to Watch:
• Increased Adoption of Electric Buses: With environmental regulations tightening, an increase in electric bus registrations could significantly alter market dynamics.
• Urbanization: Growing urban populations and expanded public transportation infrastructure could drive higher bus registrations.
• Technological Advancements: Innovations in fuel efficiency and autonomous driving may impact future registrations positively.
