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Bus Rapid Transit System Market Report 2025

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    Report

  • 200 Pages
  • March 2025
  • Region: Global
  • The Business Research Company
  • ID: 5933963
This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The bus rapid transit system market size has grown strongly in recent years. It will grow from $2.83 billion in 2024 to $3.1 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to increased urbanization, environmental concerns, government initiatives, fuel price fluctuations, public awareness.

The bus rapid transit system market size is expected to see strong growth in the next few years. It will grow to $4.46 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to smart city initiatives, climate change mitigation goals, rise in remote working practices, government funding and policies, enhanced passenger experience. Major trends in the forecast period include integration with intelligent transportation systems, innovations in articulated buses, digital payment and ticketing systems, data analytics for BRT performance optimization, public-private partnerships (PPPs).

The increasing levels of traffic congestion and air pollution are projected to drive the growth of the bus rapid transit (BRT) system market in the coming years. Traffic congestion refers to situations where excessive vehicles are lined up on the road, resulting in slower speeds and longer travel times. Meanwhile, air pollution encompasses harmful compounds or chemicals present in the air, including those of biological origin, at levels that pose risks to human health. The BRT system employs dedicated lanes separated from mixed traffic, allowing buses to navigate cities more quickly and bypass congestion caused by other vehicles. Additionally, it incorporates clean vehicle technologies such as electric, hybrid, or compressed natural gas (CNG) buses, which produce fewer pollutants compared to traditional diesel buses, thereby helping to mitigate air pollution. For instance, in 2022, INRIX Inc., a US-based provider of location-based data and analytics solutions, reported that drivers in the United States spent nearly 4.8 billion hours in traffic, resulting in an average loss of $869 per driver due to delays - up from $305 in 2021. Furthermore, the American Lung Association's State of the Air 2023 report indicated that approximately 119.6 million Americans, or about 36% of the population, live in areas with unhealthy levels of ozone or particulate pollution as of 2021. Consequently, the rising traffic congestion and air pollution are significant factors driving the growth of the bus rapid transit system market.

The growing demand for sustainable transport is anticipated to drive the expansion of the bus rapid transit (BRT) system market in the future. Sustainable transport refers to methods of transportation that minimize social and environmental impacts, emphasizing energy efficiency, low or zero emissions, and affordability. The BRT system is considered a sustainable transportation option, providing numerous environmental and societal benefits. BRT systems are specifically designed to be energy-efficient and low-emission, contributing to a reduction in carbon emissions from the transportation sector. For example, in March 2022, the European Investment Bank (EIB), a Luxembourg-based non-profit institution of the European Union, found that 64% of Europeans were willing to choose public transport for environmental reasons over driving. In comparison, 93% of Chinese citizens reported already adopting this behavior, while only 49% of Americans indicated the same. As a result, the increasing need for sustainable transport is fueling the growth of the bus rapid transit system market.

Leading companies in the bus rapid transit (BRT) system market are concentrating on creating BRT systems that incorporate platform-level boarding to enhance accessibility, minimize boarding times, and optimize overall passenger flow, thereby making public transportation more efficient and user-friendly. Platform-level boarding is a design feature in public transport systems, particularly in BRT and some rail systems, where the boarding area is aligned with the height of the vehicle floor. For example, in September 2024, Metro Inc., a Canada-based company, introduced its BRT system, where buses operate on exclusive lanes separate from mixed traffic. This design significantly reduces delays caused by congestion, enabling buses to adhere to consistent schedules and improve travel times. Additionally, the stations are designed with platforms that align with the bus doors, ensuring easy access for all passengers, including those with disabilities. The BRT vehicles are equipped to trigger green lights at intersections, allowing them to bypass traffic delays and enhancing overall travel efficiency.

In August 2022, Tata Motors Ltd., an esteemed automobile manufacturer based in India, successfully acquired Marcopolo S.A., although the specific financial details of the transaction remain undisclosed. This strategic acquisition is anticipated to propel Tata Motors' bus manufacturing segment while bolstering its global foothold in the bus market. Marcopolo S.A., based in Brazil, specializes in manufacturing rail coaches, buses, and rapid transit systems, thus bringing significant expertise and resources to Tata Motors' bus manufacturing endeavors. This acquisition aligns with Tata Motors' strategic objectives to broaden its business scope and enhance its position within the global bus manufacturing landscape.

Major companies operating in the bus rapid transit system market report are Mercedes-Benz Group AG, Siemens AG, BYD Auto Co Ltd., AB Volvo, Scania AB, Iveco S.p.A., Qingdao Hisense TransTech Co Ltd., Hino Motors Ltd., MAN SE, Transdev Group S.A., VDL Bus & Coach BV, Xiamen King Long Motor Group Co Ltd., Tata Motors Ltd., Zhengzhou Yutong Group Co Ltd., Ashok Leyland Ltd., Zhongtong Bus Holding Co Ltd., Solaris Bus & Coach sp. z o. o., NFI Group Inc., New Flyer Industries Inc., Marcopolo S.A., Gillig LLC, Anhui Ankai Automobile Co Ltd., Xiamen Golden Dragon Bus Co Ltd., Optare Group Ltd., Ebusco BV.

North America was the largest region in the bus rapid transit system market in 2024. The regions covered in the bus rapid transit system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bus rapid transit system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The bus rapid transit system market includes revenues earned by entities by providing services such as traffic signal priority, off-board fare collection, elevated platforms and enhanced stations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Bus Rapid Transit (BRT) is an advanced transit system based on buses, designed to offer increased capacity, reliability, and overall quality compared to traditional bus networks. BRT combines the flexibility and cost-effectiveness of regular bus routes with the efficiency and amenities typically associated with light rail systems. It aims to provide reliable and efficient public transportation, reducing travel time and improving the overall transit experience.

The main types of Bus Rapid Transit systems include articulated, bi-articulated, and traditional buses. Articulated buses are high-capacity buses with two or more rigid sections connected by a pivoting joint, protected on all sides by bellows, and featuring a cover plate on the floor. Seating capacities can vary, categorized as less than 50, 50-80-seater, and above 80, often associated with express, semi-express, and local services. BRT buses are powered by different fuel types such as diesel, natural gas, and others, and are utilized by both government and private entities.

The bus rapid transit system market research report is one of a series of new reports that provides bus rapid transit system market statistics, including bus rapid transit system industry global market size, regional shares, competitors with a bus rapid transit system market share, detailed bus rapid transit system market segments, market trends and opportunities, and any further data you may need to thrive in the bus rapid transit system industry. This bus rapid transit system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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Table of Contents

1. Executive Summary2. Bus Rapid Transit System Market Characteristics3. Bus Rapid Transit System Market Trends and Strategies4. Bus Rapid Transit System Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market
5. Global Bus Rapid Transit System Growth Analysis and Strategic Analysis Framework
5.1. Global Bus Rapid Transit System PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Bus Rapid Transit System Market Growth Rate Analysis
5.4. Global Bus Rapid Transit System Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Bus Rapid Transit System Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Bus Rapid Transit System Total Addressable Market (TAM)
6. Bus Rapid Transit System Market Segmentation
6.1. Global Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Articulated
  • Bi-Articulated
  • Traditional Bus
6.2. Global Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Less Than 50
  • 50-80 Seater
  • Above 80
6.3. Global Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Express
  • Semi-Express
  • Local
6.4. Global Bus Rapid Transit System Market, Segmentation by Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Diesel
  • Natural Gas
  • Other Fuel Types
6.5. Global Bus Rapid Transit System Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Government
  • Private
6.6. Global Bus Rapid Transit System Market, Sub-Segmentation of Articulated, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Single Articulated Buses
  • Double Articulated Buses
6.7. Global Bus Rapid Transit System Market, Sub-Segmentation of Bi-Articulated, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Three-Section Buses
  • Four-Section Buses
6.8. Global Bus Rapid Transit System Market, Sub-Segmentation of Traditional Bus, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Standard Length Buses
  • Low-Floor Buses
7. Bus Rapid Transit System Market Regional and Country Analysis
7.1. Global Bus Rapid Transit System Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Bus Rapid Transit System Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Bus Rapid Transit System Market
8.1. Asia-Pacific Bus Rapid Transit System Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Bus Rapid Transit System Market
9.1. China Bus Rapid Transit System Market Overview
9.2. China Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Bus Rapid Transit System Market
10.1. India Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Bus Rapid Transit System Market
11.1. Japan Bus Rapid Transit System Market Overview
11.2. Japan Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Bus Rapid Transit System Market
12.1. Australia Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Bus Rapid Transit System Market
13.1. Indonesia Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Bus Rapid Transit System Market
14.1. South Korea Bus Rapid Transit System Market Overview
14.2. South Korea Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Bus Rapid Transit System Market
15.1. Western Europe Bus Rapid Transit System Market Overview
15.2. Western Europe Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Bus Rapid Transit System Market
16.1. UK Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Bus Rapid Transit System Market
17.1. Germany Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Bus Rapid Transit System Market
18.1. France Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Bus Rapid Transit System Market
19.1. Italy Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Bus Rapid Transit System Market
20.1. Spain Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Bus Rapid Transit System Market
21.1. Eastern Europe Bus Rapid Transit System Market Overview
21.2. Eastern Europe Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Bus Rapid Transit System Market
22.1. Russia Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Bus Rapid Transit System Market
23.1. North America Bus Rapid Transit System Market Overview
23.2. North America Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Bus Rapid Transit System Market
24.1. USA Bus Rapid Transit System Market Overview
24.2. USA Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Bus Rapid Transit System Market
25.1. Canada Bus Rapid Transit System Market Overview
25.2. Canada Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Bus Rapid Transit System Market
26.1. South America Bus Rapid Transit System Market Overview
26.2. South America Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Bus Rapid Transit System Market
27.1. Brazil Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Bus Rapid Transit System Market
28.1. Middle East Bus Rapid Transit System Market Overview
28.2. Middle East Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Bus Rapid Transit System Market
29.1. Africa Bus Rapid Transit System Market Overview
29.2. Africa Bus Rapid Transit System Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Bus Rapid Transit System Market, Segmentation by Seating Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Bus Rapid Transit System Market, Segmentation by Level of Service, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Bus Rapid Transit System Market Competitive Landscape and Company Profiles
30.1. Bus Rapid Transit System Market Competitive Landscape
30.2. Bus Rapid Transit System Market Company Profiles
30.2.1. Mercedes-Benz Group AG Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Siemens AG Overview, Products and Services, Strategy and Financial Analysis
30.2.3. BYD Auto Co Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. AB Volvo Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Scania AB Overview, Products and Services, Strategy and Financial Analysis
31. Bus Rapid Transit System Market Other Major and Innovative Companies
31.1. Iveco S.p.a.
31.2. Qingdao Hisense TransTech Co Ltd.
31.3. Hino Motors Ltd.
31.4. MAN SE
31.5. Transdev Group S.a.
31.6. VDL Bus & Coach BV
31.7. Xiamen King Long Motor Group Co Ltd.
31.8. Tata Motors Ltd.
31.9. Zhengzhou Yutong Group Co Ltd.
31.10. Ashok Leyland Ltd.
31.11. Zhongtong Bus Holding Co Ltd.
31.12. Solaris Bus & Coach sp. z o. o.
31.13. NFI Group Inc.
31.14. New Flyer Industries Inc.
31.15. Marcopolo S.a.
32. Global Bus Rapid Transit System Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Bus Rapid Transit System Market34. Recent Developments in the Bus Rapid Transit System Market
35. Bus Rapid Transit System Market High Potential Countries, Segments and Strategies
35.1 Bus Rapid Transit System Market in 2029 - Countries Offering Most New Opportunities
35.2 Bus Rapid Transit System Market in 2029 - Segments Offering Most New Opportunities
35.3 Bus Rapid Transit System Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Bus Rapid Transit System Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on bus rapid transit system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

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  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for bus rapid transit system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The bus rapid transit system market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Articulated; Bi-Articulated; Traditional Bus
2) By Seating Capacity: Less Than 50; 50-80 Seater; Above 80
3) By Level Of Service: Express; Semi-Express; Local
4) By Fuel Type: Diesel; Natural Gas; Other Fuel Types
5) By End-Use: Government; Private

Subsegments:

1) By Articulated: Single Articulated Buses; Double Articulated Buses
2) By Bi-Articulated: Three-Section Buses; Four-Section Buses
3) By Traditional Bus: Standard Length Buses; Low-Floor Buses

Key Companies Mentioned: Mercedes-Benz Group AG; Siemens AG; BYD Auto Co Ltd.; AB Volvo; Scania AB

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

Some of the major companies featured in this Bus Rapid Transit System market report include:
  • Mercedes-Benz Group AG
  • Siemens AG
  • BYD Auto Co Ltd.
  • AB Volvo
  • Scania AB
  • Iveco S.p.A.
  • Qingdao Hisense TransTech Co Ltd.
  • Hino Motors Ltd.
  • MAN SE
  • Transdev Group S.A.
  • VDL Bus & Coach BV
  • Xiamen King Long Motor Group Co Ltd.
  • Tata Motors Ltd.
  • Zhengzhou Yutong Group Co Ltd.
  • Ashok Leyland Ltd.
  • Zhongtong Bus Holding Co Ltd.
  • Solaris Bus & Coach sp. z o. o.
  • NFI Group Inc.
  • New Flyer Industries Inc.
  • Marcopolo S.A.
  • Gillig LLC
  • Anhui Ankai Automobile Co Ltd.
  • Xiamen Golden Dragon Bus Co Ltd.
  • Optare Group Ltd.
  • Ebusco BV

Table Information