The number of diesel motor coaches, buses, and trolley buses in Turkey showed gradual trends between 2013 and 2023. Standing at 683.61 thousand in 2023, the sector had seen fluctuations over the years. Significant increases occurred in 2015 (4.55%) and 2016 (2.84%), followed by a moderate pace in the subsequent years with occasional declines, especially in 2020 (-0.1%) and 2021 (-1.78%). Despite these variations, it achieved a minor recovery with a 0.97% increase by 2023. The Compound Annual Growth Rate (CAGR) over the last five years stands at -0.1%.
The forecasted data from 2024 onwards demonstrate an anticipated growth, with numbers reaching 715.25 thousand by 2028. This marks a forecasted 5-year CAGR of 0.72%, resulting in a cumulative growth rate of 3.65% from 2024 to 2028.
Future trends to watch for include advancements in alternative fuel technologies which might influence market dynamics, potential regulation changes affecting diesel vehicles, and the impact of economic conditions on public transport investment.
