Forecast: Number of Liquefied Natural Gas Motor Coaches, Buses and Trolley Buses in France

In 2023, the number of Liquefied Natural Gas (LNG) motor coaches, buses, and trolley buses in France was observed to be at a level which only slightly increased by the next year. Projections for 2024 to 2028 anticipate a steady annual growth, reflected by year-on-year increases ranging between approximately 2% to 2.5%. The compound annual growth rate (CAGR) over the five-year forecast period suggests a moderate but stable growth trend in volume.

Future Trends to Watch:

  • Technological advancements in vehicle manufacturing that may increase LNG vehicle efficiency.
  • Government policies promoting sustainable transportation could further boost LNG vehicle adoption.
  • Potential competition from other alternative fuel technologies which could impact LNG vehicle market share.

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