In 2023, the number of diesel motor coaches, buses, and trolley buses in Germany stood at 78.97 thousand, a slight decrease of 1% from the previous year. Over the last two years, the year-on-year variation highlighted fluctuations with a 2.66% increase in 2022 and a subsequent 1% decrease in 2023.
Analyzing the trend over the last five years, we observe a modest compound annual growth rate (CAGR) of -0.014%, indicating overall stability with minor fluctuations. The significant drop experienced in 2020, a decrease of 7.67%, reflects potential market disruptions that have since been balanced by gradual recoveries.
Looking at the forecasted data extending to 2028, we note a projected CAGR of 0.3% with an overall growth rate of 1.52%. This suggests a steady albeit slow increase, reflecting prospective market stabilization and modest growth.
Future trends to watch for:
- The impact of stringent environmental regulations on diesel-powered vehicles.
- Transition towards alternative fuel-powered buses, such as electric or hydrogen vehicles.
- Technological advancements and their adoption rates within the public transportation sector.
- Potential influence of economic factors on public transport investments and policies.