Global Bus Rapid Transport Systems (BRT) Market Growth 2025-2031
The global Bus Rapid Transport Systems (BRT) market size is predicted to grow from US$ 2811 million in 2025 to US$ 4062 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.
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.
Global Bus Rapid Transport Systems (BRT) key players include Volvo, Volkswagen, Yutong, JINLONG, Macropolo, etc. Global top five manufacturers hold a share over 75%.
Latin America is the largest market, with a share over 35%, followed by China and Europe, both have a share over 40%.
In terms of product, Diesel is the largest segment, with a share over 75%.
LP Information, Inc. (LPI) ' newest research report, the “Bus Rapid Transport Systems (BRT) Industry Forecast” looks at past sales and reviews total world Bus Rapid Transport Systems (BRT) sales in 2024, providing a comprehensive analysis by region and market sector of projected Bus Rapid Transport Systems (BRT) sales for 2025 through 2031. With Bus Rapid Transport Systems (BRT) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bus Rapid Transport Systems (BRT) industry.
This Insight Report provides a comprehensive analysis of the global Bus Rapid Transport Systems (BRT) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bus Rapid Transport Systems (BRT) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bus Rapid Transport Systems (BRT) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bus Rapid Transport Systems (BRT) and breaks down the forecast by Power Source, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bus Rapid Transport Systems (BRT).
This report presents a comprehensive overview, market shares, and growth opportunities of Bus Rapid Transport Systems (BRT) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Power Source:
Diesel
Alternate Fuel
EV
Segmentation by Application:
Urban
Countryside
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Volvo
Volkswagen
Yutong
JINLONG
Macropolo
Daimler
Qingnian
Tata
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bus Rapid Transport Systems (BRT) market?
What factors are driving Bus Rapid Transport Systems (BRT) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bus Rapid Transport Systems (BRT) market opportunities vary by end market size?
How does Bus Rapid Transport Systems (BRT) break out by Power Source, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.