Forecast: Road Passenger Transport Movements by Buses and Coaches in the US

The road passenger transport movements by buses and coaches in the US have shown a fluctuating trend from 2013 to 2023. Beginning with 517.47 billion passenger kilometers in 2013, the volume increased steadily year-on-year, reaching 635.89 billion by 2023. Notable percentage variations include a peak growth of 6.25% in 2018, a significant decline of -16.37% in 2020 likely due to the pandemic, and a recovery marked by an 11.68% increase in 2021. The 5-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 is 1.26%, demonstrating moderate growth despite the market's volatility.

Future trends to watch for include increased investment in sustainable and eco-friendly transportation options, advancements in smart transportation technologies and infrastructure, and evolving regulations that could impact passenger volumes. Continued monitoring of post-pandemic recovery patterns will also be crucial in understanding the long-term direction of road passenger transport movements.

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