From 2013 to 2023, the registration of new buses and coaches in Austria showed fluctuations with notable growth spurts and occasional declines. Registrations grew significantly from 2013 to 2017, peaking at 1240 units in 2017. A dip in 2018 was followed by stable numbers until a sharp decline in 2020 due to the impacts likely related to the pandemic. However, recovery began in 2021, culminating in 7.32% year-on-year growth in 2023, with 1200 registrations.
The five-year CAGR has averaged 1.33%, reflecting modest long-term growth despite short-term volatility. Future projections indicate continued growth with a forecasted CAGR of 1.43% through 2028, leading to an anticipated 1320 registrations by 2028.
Future trends to watch for:
- Shifts in governmental policies on public transportation and environmental regulations.
- Technological advancements in vehicle efficiency and sustainability.
- Changes in public and private sector investment in bus and coach infrastructure.
- The economic recovery patterns post-pandemic and their long-term impacts.
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