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.
This report contains market size and forecasts of Bus Rapid Transport Systems (BRT) in global, including the following market information:
Global Bus Rapid Transport Systems (BRT) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Bus Rapid Transport Systems (BRT) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Bus Rapid Transport Systems (BRT) companies in 2021 (%)
The global Bus Rapid Transport Systems (BRT) market was valued at 2629 million in 2021 and is projected to reach US$ 3910.8 million by 2028, at a CAGR of 5.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Diesel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bus Rapid Transport Systems (BRT) include Volvo, Volkswagen, Yutong, JINLONG, Macropolo, Daimler, Qingnian and Tata, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bus Rapid Transport Systems (BRT) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bus Rapid Transport Systems (BRT) Market, by Power Source, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bus Rapid Transport Systems (BRT) Market Segment Percentages, by Power Source, 2021 (%)
Diesel
Alternate Fuel
EV
Global Bus Rapid Transport Systems (BRT) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bus Rapid Transport Systems (BRT) Market Segment Percentages, by Application, 2021 (%)
Urban
Countryside
Global Bus Rapid Transport Systems (BRT) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bus Rapid Transport Systems (BRT) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bus Rapid Transport Systems (BRT) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Bus Rapid Transport Systems (BRT) revenues share in global market, 2021 (%)
Key companies Bus Rapid Transport Systems (BRT) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Bus Rapid Transport Systems (BRT) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Volvo
Volkswagen
Yutong
JINLONG
Macropolo
Daimler
Qingnian
Tata