Global Bus Rapid Transit (BRT) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Bus Rapid Transit (BRT) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Bus Rapid Transit (BRT) market finds that the global Bus Rapid Transit (BRT) market reached a value of USD 5235.57 million in 2022. It’s expected that the market will achieve USD 9125.0 million by 2028, exhibiting a CAGR of 9.7% during the forecast period.

Region Overview:

In 2022, the share of the Bus Rapid Transit (BRT) market in Asia-Pacific stood at 29.99%.

Segmentation Overview:

Among different product types, Hybrid segment is anticipated to contribute the largest market share in 2028.

Key Companies in the global Bus Rapid Transit (BRT) market covered in Chapter 3:

Yutong Group
Init
Samarthyam
Qingdao Hinsense
Red de Transporte de Pasajeros (RTP)
Cubic
Siemens
Innovation
Jiangsu Huimin Traffic Facility
Lantianyuan Technology
ITDP
CISA
Volvo Group
MAN Corporation
ZF

In Chapter 4 and Chapter 14.2, on the basis of types, the Bus Rapid Transit (BRT) market from 2018 to 2029 is primarily split into:

Electric
Hybrid
Diesel

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Bus Rapid Transit (BRT) market from 2018 to 2029 covers:

Large City
Medium-Sized City

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)