Global Bus Rapid Transport Systems (BRT) Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Bus Rapid Transport Systems (BRT) Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

Bus Rapid Transport Systems (BRT) is an innovative, high capacity, lower cost public transit solution that can significantly improve urban mobility. This permanent, integrated system uses buses or specialized vehicles on roadways or dedicated lanes to quickly and efficiently transport passengers to their destinations, while offering the flexibility to meet transit demand. BRT systems can easily be customized to community needs and incorporate state-of-the-art, low-cost technologies that result in more passengers and less congestion.
According to APO Research, The global Bus Rapid Transport Systems (BRT) market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Bus Rapid Transport Systems (BRT) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Bus Rapid Transport Systems (BRT) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Bus Rapid Transport Systems (BRT) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Bus Rapid Transport Systems (BRT) include Volvo, Volkswagen, Yutong, JINLONG, Macropolo, Daimler, Qingnian and Tata, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Bus Rapid Transport Systems (BRT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bus Rapid Transport Systems (BRT).
The Bus Rapid Transport Systems (BRT) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Bus Rapid Transport Systems (BRT) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Volvo
Volkswagen
Yutong
JINLONG
Macropolo
Daimler
Qingnian
Tata
Bus Rapid Transport Systems (BRT) segment by Power Source
Diesel
Alternate Fuel
EV
Bus Rapid Transport Systems (BRT) segment by Application

Urban
Countryside
Bus Rapid Transport Systems (BRT) Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Bus Rapid Transport Systems (BRT) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Bus Rapid Transport Systems (BRT) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Bus Rapid Transport Systems (BRT).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Bus Rapid Transport Systems (BRT) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Bus Rapid Transport Systems (BRT) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Bus Rapid Transport Systems (BRT) Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Bus Rapid Transport Systems (BRT) Sales Estimates and Forecasts (2019-2030)
1.3 Bus Rapid Transport Systems (BRT) Market by Power Source
1.3.1 Diesel
1.3.2 Alternate Fuel
1.3.3 EV
1.4 Global Bus Rapid Transport Systems (BRT) Market Size by Power Source
1.4.1 Global Bus Rapid Transport Systems (BRT) Market Size Overview by Power Source (2019-2030)
1.4.2 Global Bus Rapid Transport Systems (BRT) Historic Market Size Review by Power Source (2019-2024)
1.4.3 Global Bus Rapid Transport Systems (BRT) Forecasted Market Size by Power Source (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Bus Rapid Transport Systems (BRT) Sales Breakdown by Power Source (2019-2024)
1.5.2 Europe Bus Rapid Transport Systems (BRT) Sales Breakdown by Power Source (2019-2024)
1.5.3 Asia-Pacific Bus Rapid Transport Systems (BRT) Sales Breakdown by Power Source (2019-2024)
1.5.4 Latin America Bus Rapid Transport Systems (BRT) Sales Breakdown by Power Source (2019-2024)
1.5.5 Middle East and Africa Bus Rapid Transport Systems (BRT) Sales Breakdown by Power Source (2019-2024)
2 Global Market Dynamics
2.1 Bus Rapid Transport Systems (BRT) Industry Trends
2.2 Bus Rapid Transport Systems (BRT) Industry Drivers
2.3 Bus Rapid Transport Systems (BRT) Industry Opportunities and Challenges
2.4 Bus Rapid Transport Systems (BRT) Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Bus Rapid Transport Systems (BRT) Revenue (2019-2024)
3.2 Global Top Players by Bus Rapid Transport Systems (BRT) Sales (2019-2024)
3.3 Global Top Players by Bus Rapid Transport Systems (BRT) Price (2019-2024)
3.4 Global Bus Rapid Transport Systems (BRT) Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Bus Rapid Transport Systems (BRT) Key Company Manufacturing Sites & Headquarters
3.6 Global Bus Rapid Transport Systems (BRT) Company, Product Type & Application
3.7 Global Bus Rapid Transport Systems (BRT) Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Bus Rapid Transport Systems (BRT) Market CR5 and HHI
3.8.2 Global Top 5 and 10 Bus Rapid Transport Systems (BRT) Players Market Share by Revenue in 2023
3.8.3 2023 Bus Rapid Transport Systems (BRT) Tier 1, Tier 2, and Tier 3
4 Bus Rapid Transport Systems (BRT) Regional Status and Outlook
4.1 Global Bus Rapid Transport Systems (BRT) Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Bus Rapid Transport Systems (BRT) Historic Market Size by Region
4.2.1 Global Bus Rapid Transport Systems (BRT) Sales in Volume by Region (2019-2024)
4.2.2 Global Bus Rapid Transport Systems (BRT) Sales in Value by Region (2019-2024)
4.2.3 Global Bus Rapid Transport Systems (BRT) Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Bus Rapid Transport Systems (BRT) Forecasted Market Size by Region
4.3.1 Global Bus Rapid Transport Systems (BRT) Sales in Volume by Region (2025-2030)
4.3.2 Global Bus Rapid Transport Systems (BRT) Sales in Value by Region (2025-2030)
4.3.3 Global Bus Rapid Transport Systems (BRT) Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Bus Rapid Transport Systems (BRT) by Application
5.1 Bus Rapid Transport Systems (BRT) Market by Application
5.1.1 Urban
5.1.2 Countryside
5.2 Global Bus Rapid Transport Systems (BRT) Market Size by Application
5.2.1 Global Bus Rapid Transport Systems (BRT) Market Size Overview by Application (2019-2030)
5.2.2 Global Bus Rapid Transport Systems (BRT) Historic Market Size Review by Application (2019-2024)
5.2.3 Global Bus Rapid Transport Systems (BRT) Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Bus Rapid Transport Systems (BRT) Sales Breakdown by Application (2019-2024)
5.3.2 Europe Bus Rapid Transport Systems (BRT) Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Bus Rapid Transport Systems (BRT) Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Bus Rapid Transport Systems (BRT) Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Bus Rapid Transport Systems (BRT) Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Volvo
6.1.1 Volvo Comapny Information
6.1.2 Volvo Business Overview
6.1.3 Volvo Bus Rapid Transport Systems (BRT) Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Volvo Bus Rapid Transport Systems (BRT) Product Portfolio
6.1.5 Volvo Recent Developments
6.2 Volkswagen
6.2.1 Volkswagen Comapny Information
6.2.2 Volkswagen Business Overview
6.2.3 Volkswagen Bus Rapid Transport Systems (BRT) Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Volkswagen Bus Rapid Transport Systems (BRT) Product Portfolio
6.2.5 Volkswagen Recent Developments
6.3 Yutong
6.3.1 Yutong Comapny Information
6.3.2 Yutong Business Overview
6.3.3 Yutong Bus Rapid Transport Systems (BRT) Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Yutong Bus Rapid Transport Systems (BRT) Product Portfolio
6.3.5 Yutong Recent Developments
6.4 JINLONG
6.4.1 JINLONG Comapny Information
6.4.2 JINLONG Business Overview
6.4.3 JINLONG Bus Rapid Transport Systems (BRT) Sales, Revenue and Gross Margin (2019-2024)
6.4.4 JINLONG Bus Rapid Transport Systems (BRT) Product Portfolio
6.4.5 JINLONG Recent Developments
6.5 Macropolo
6.5.1 Macropolo Comapny Information
6.5.2 Macropolo Business Overview
6.5.3 Macropolo Bus Rapid Transport Systems (BRT) Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Macropolo Bus Rapid Transport Systems (BRT) Product Portfolio
6.5.5 Macropolo Recent Developments
6.6 Daimler
6.6.1 Daimler Comapny Information
6.6.2 Daimler Business Overview
6.6.3 Daimler Bus Rapid Transport Systems (BRT) Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Daimler Bus Rapid Transport Systems (BRT) Product Portfolio
6.6.5 Daimler Recent Developments
6.7 Qingnian
6.7.1 Qingnian Comapny Information
6.7.2 Qingnian Business Overview
6.7.3 Qingnian Bus Rapid Transport Systems (BRT) Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Qingnian Bus Rapid Transport Systems (BRT) Product Portfolio
6.7.5 Qingnian Recent Developments
6.8 Tata
6.8.1 Tata Comapny Information
6.8.2 Tata Business Overview
6.8.3 Tata Bus Rapid Transport Systems (BRT) Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Tata Bus Rapid Transport Systems (BRT) Product Portfolio
6.8.5 Tata Recent Developments
7 North America by Country
7.1 North America Bus Rapid Transport Systems (BRT) Sales by Country
7.1.1 North America Bus Rapid Transport Systems (BRT) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Bus Rapid Transport Systems (BRT) Sales by Country (2019-2024)
7.1.3 North America Bus Rapid Transport Systems (BRT) Sales Forecast by Country (2025-2030)
7.2 North America Bus Rapid Transport Systems (BRT) Market Size by Country
7.2.1 North America Bus Rapid Transport Systems (BRT) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Bus Rapid Transport Systems (BRT) Market Size by Country (2019-2024)
7.2.3 North America Bus Rapid Transport Systems (BRT) Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Bus Rapid Transport Systems (BRT) Sales by Country
8.1.1 Europe Bus Rapid Transport Systems (BRT) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Bus Rapid Transport Systems (BRT) Sales by Country (2019-2024)
8.1.3 Europe Bus Rapid Transport Systems (BRT) Sales Forecast by Country (2025-2030)
8.2 Europe Bus Rapid Transport Systems (BRT) Market Size by Country
8.2.1 Europe Bus Rapid Transport Systems (BRT) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Bus Rapid Transport Systems (BRT) Market Size by Country (2019-2024)
8.2.3 Europe Bus Rapid Transport Systems (BRT) Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Bus Rapid Transport Systems (BRT) Sales by Country
9.1.1 Asia-Pacific Bus Rapid Transport Systems (BRT) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Bus Rapid Transport Systems (BRT) Sales by Country (2019-2024)
9.1.3 Asia-Pacific Bus Rapid Transport Systems (BRT) Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Bus Rapid Transport Systems (BRT) Market Size by Country
9.2.1 Asia-Pacific Bus Rapid Transport Systems (BRT) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Bus Rapid Transport Systems (BRT) Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Bus Rapid Transport Systems (BRT) Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Bus Rapid Transport Systems (BRT) Sales by Country
10.1.1 Latin America Bus Rapid Transport Systems (BRT) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Bus Rapid Transport Systems (BRT) Sales by Country (2019-2024)
10.1.3 Latin America Bus Rapid Transport Systems (BRT) Sales Forecast by Country (2025-2030)
10.2 Latin America Bus Rapid Transport Systems (BRT) Market Size by Country
10.2.1 Latin America Bus Rapid Transport Systems (BRT) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Bus Rapid Transport Systems (BRT) Market Size by Country (2019-2024)
10.2.3 Latin America Bus Rapid Transport Systems (BRT) Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Bus Rapid Transport Systems (BRT) Sales by Country
11.1.1 Middle East and Africa Bus Rapid Transport Systems (BRT) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Bus Rapid Transport Systems (BRT) Sales by Country (2019-2024)
11.1.3 Middle East and Africa Bus Rapid Transport Systems (BRT) Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Bus Rapid Transport Systems (BRT) Market Size by Country
11.2.1 Middle East and Africa Bus Rapid Transport Systems (BRT) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Bus Rapid Transport Systems (BRT) Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Bus Rapid Transport Systems (BRT) Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Bus Rapid Transport Systems (BRT) Value Chain Analysis
12.1.1 Bus Rapid Transport Systems (BRT) Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Bus Rapid Transport Systems (BRT) Production Mode & Process
12.2 Bus Rapid Transport Systems (BRT) Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Bus Rapid Transport Systems (BRT) Distributors
12.2.3 Bus Rapid Transport Systems (BRT) Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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