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Global Bus Rapid Transport Systems (BRT) Market Research Report 2024
Synopsis
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.
The global Bus Rapid Transport Systems (BRT) market was valued at US$ 2555 million in 2023 and is anticipated to reach US$ 3886.1 million by 2030, witnessing a CAGR of 6.1% during the forecast period 2024-2030.
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%.
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).
Report Scope
The Bus Rapid Transport Systems (BRT) market size, estimations, and forecasts are provided in terms of output/shipments (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 Power Source, 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.
The report will help the Bus Rapid Transport Systems (BRT) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Power Source, by Application, and by regions.
Market Segmentation
By Company
Volvo
Volkswagen
Yutong
JINLONG
Macropolo
Daimler
Qingnian
Tata
Segment by Power Source
Diesel
Alternate Fuel
EV
Segment by Application
Urban
Countryside
Production by Region
North America
Europe
China
Japan
India
Latin America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Power Source, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Bus Rapid Transport Systems (BRT) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Bus Rapid Transport Systems (BRT) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Bus Rapid Transport Systems (BRT) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Power Source, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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.
The global Bus Rapid Transport Systems (BRT) market was valued at US$ 2555 million in 2023 and is anticipated to reach US$ 3886.1 million by 2030, witnessing a CAGR of 6.1% during the forecast period 2024-2030.
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%.
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).
Report Scope
The Bus Rapid Transport Systems (BRT) market size, estimations, and forecasts are provided in terms of output/shipments (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 Power Source, 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.
The report will help the Bus Rapid Transport Systems (BRT) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Power Source, by Application, and by regions.
Market Segmentation
By Company
Volvo
Volkswagen
Yutong
JINLONG
Macropolo
Daimler
Qingnian
Tata
Segment by Power Source
Diesel
Alternate Fuel
EV
Segment by Application
Urban
Countryside
Production by Region
North America
Europe
China
Japan
India
Latin America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Power Source, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Bus Rapid Transport Systems (BRT) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Bus Rapid Transport Systems (BRT) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Bus Rapid Transport Systems (BRT) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Power Source, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Bus Rapid Transport Systems (BRT) Market Overview
1.1 Product Definition
1.2 Bus Rapid Transport Systems (BRT) Segment by Power Source
1.2.1 Global Bus Rapid Transport Systems (BRT) Market Value Growth Rate Analysis by Power Source 2023 VS 2030
1.2.2 Diesel
1.2.3 Alternate Fuel
1.2.4 EV
1.3 Bus Rapid Transport Systems (BRT) Segment by Application
1.3.1 Global Bus Rapid Transport Systems (BRT) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Urban
1.3.3 Countryside
1.4 Global Market Growth Prospects
1.4.1 Global Bus Rapid Transport Systems (BRT) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Bus Rapid Transport Systems (BRT) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Bus Rapid Transport Systems (BRT) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Bus Rapid Transport Systems (BRT) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Bus Rapid Transport Systems (BRT) Production Market Share by Manufacturers (2019-2024)
2.2 Global Bus Rapid Transport Systems (BRT) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Bus Rapid Transport Systems (BRT), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Bus Rapid Transport Systems (BRT) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Bus Rapid Transport Systems (BRT) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Bus Rapid Transport Systems (BRT), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Bus Rapid Transport Systems (BRT), Product Offered and Application
2.8 Global Key Manufacturers of Bus Rapid Transport Systems (BRT), Date of Enter into This Industry
2.9 Bus Rapid Transport Systems (BRT) Market Competitive Situation and Trends
2.9.1 Bus Rapid Transport Systems (BRT) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Bus Rapid Transport Systems (BRT) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Bus Rapid Transport Systems (BRT) Production by Region
3.1 Global Bus Rapid Transport Systems (BRT) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Bus Rapid Transport Systems (BRT) Production Value by Region (2019-2030)
3.2.1 Global Bus Rapid Transport Systems (BRT) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Bus Rapid Transport Systems (BRT) by Region (2025-2030)
3.3 Global Bus Rapid Transport Systems (BRT) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Bus Rapid Transport Systems (BRT) Production by Region (2019-2030)
3.4.1 Global Bus Rapid Transport Systems (BRT) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Bus Rapid Transport Systems (BRT) by Region (2025-2030)
3.5 Global Bus Rapid Transport Systems (BRT) Market Price Analysis by Region (2019-2024)
3.6 Global Bus Rapid Transport Systems (BRT) Production and Value, Year-over-Year Growth
3.6.1 North America Bus Rapid Transport Systems (BRT) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Bus Rapid Transport Systems (BRT) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Bus Rapid Transport Systems (BRT) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Bus Rapid Transport Systems (BRT) Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Bus Rapid Transport Systems (BRT) Production Value Estimates and Forecasts (2019-2030)
3.6.6 Latin America Bus Rapid Transport Systems (BRT) Production Value Estimates and Forecasts (2019-2030)
4 Bus Rapid Transport Systems (BRT) Consumption by Region
4.1 Global Bus Rapid Transport Systems (BRT) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Bus Rapid Transport Systems (BRT) Consumption by Region (2019-2030)
4.2.1 Global Bus Rapid Transport Systems (BRT) Consumption by Region (2019-2024)
4.2.2 Global Bus Rapid Transport Systems (BRT) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Bus Rapid Transport Systems (BRT) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Bus Rapid Transport Systems (BRT) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Bus Rapid Transport Systems (BRT) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Bus Rapid Transport Systems (BRT) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Bus Rapid Transport Systems (BRT) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Bus Rapid Transport Systems (BRT) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Bus Rapid Transport Systems (BRT) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Bus Rapid Transport Systems (BRT) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Power Source
5.1 Global Bus Rapid Transport Systems (BRT) Production by Power Source (2019-2030)
5.1.1 Global Bus Rapid Transport Systems (BRT) Production by Power Source (2019-2024)
5.1.2 Global Bus Rapid Transport Systems (BRT) Production by Power Source (2025-2030)
5.1.3 Global Bus Rapid Transport Systems (BRT) Production Market Share by Power Source (2019-2030)
5.2 Global Bus Rapid Transport Systems (BRT) Production Value by Power Source (2019-2030)
5.2.1 Global Bus Rapid Transport Systems (BRT) Production Value by Power Source (2019-2024)
5.2.2 Global Bus Rapid Transport Systems (BRT) Production Value by Power Source (2025-2030)
5.2.3 Global Bus Rapid Transport Systems (BRT) Production Value Market Share by Power Source (2019-2030)
5.3 Global Bus Rapid Transport Systems (BRT) Price by Power Source (2019-2030)
6 Segment by Application
6.1 Global Bus Rapid Transport Systems (BRT) Production by Application (2019-2030)
6.1.1 Global Bus Rapid Transport Systems (BRT) Production by Application (2019-2024)
6.1.2 Global Bus Rapid Transport Systems (BRT) Production by Application (2025-2030)
6.1.3 Global Bus Rapid Transport Systems (BRT) Production Market Share by Application (2019-2030)
6.2 Global Bus Rapid Transport Systems (BRT) Production Value by Application (2019-2030)
6.2.1 Global Bus Rapid Transport Systems (BRT) Production Value by Application (2019-2024)
6.2.2 Global Bus Rapid Transport Systems (BRT) Production Value by Application (2025-2030)
6.2.3 Global Bus Rapid Transport Systems (BRT) Production Value Market Share by Application (2019-2030)
6.3 Global Bus Rapid Transport Systems (BRT) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Volvo
7.1.1 Volvo Bus Rapid Transport Systems (BRT) Corporation Information
7.1.2 Volvo Bus Rapid Transport Systems (BRT) Product Portfolio
7.1.3 Volvo Bus Rapid Transport Systems (BRT) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Volvo Main Business and Markets Served
7.1.5 Volvo Recent Developments/Updates
7.2 Volkswagen
7.2.1 Volkswagen Bus Rapid Transport Systems (BRT) Corporation Information
7.2.2 Volkswagen Bus Rapid Transport Systems (BRT) Product Portfolio
7.2.3 Volkswagen Bus Rapid Transport Systems (BRT) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Volkswagen Main Business and Markets Served
7.2.5 Volkswagen Recent Developments/Updates
7.3 Yutong
7.3.1 Yutong Bus Rapid Transport Systems (BRT) Corporation Information
7.3.2 Yutong Bus Rapid Transport Systems (BRT) Product Portfolio
7.3.3 Yutong Bus Rapid Transport Systems (BRT) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Yutong Main Business and Markets Served
7.3.5 Yutong Recent Developments/Updates
7.4 JINLONG
7.4.1 JINLONG Bus Rapid Transport Systems (BRT) Corporation Information
7.4.2 JINLONG Bus Rapid Transport Systems (BRT) Product Portfolio
7.4.3 JINLONG Bus Rapid Transport Systems (BRT) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 JINLONG Main Business and Markets Served
7.4.5 JINLONG Recent Developments/Updates
7.5 Macropolo
7.5.1 Macropolo Bus Rapid Transport Systems (BRT) Corporation Information
7.5.2 Macropolo Bus Rapid Transport Systems (BRT) Product Portfolio
7.5.3 Macropolo Bus Rapid Transport Systems (BRT) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Macropolo Main Business and Markets Served
7.5.5 Macropolo Recent Developments/Updates
7.6 Daimler
7.6.1 Daimler Bus Rapid Transport Systems (BRT) Corporation Information
7.6.2 Daimler Bus Rapid Transport Systems (BRT) Product Portfolio
7.6.3 Daimler Bus Rapid Transport Systems (BRT) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Daimler Main Business and Markets Served
7.6.5 Daimler Recent Developments/Updates
7.7 Qingnian
7.7.1 Qingnian Bus Rapid Transport Systems (BRT) Corporation Information
7.7.2 Qingnian Bus Rapid Transport Systems (BRT) Product Portfolio
7.7.3 Qingnian Bus Rapid Transport Systems (BRT) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Qingnian Main Business and Markets Served
7.7.5 Qingnian Recent Developments/Updates
7.8 Tata
7.8.1 Tata Bus Rapid Transport Systems (BRT) Corporation Information
7.8.2 Tata Bus Rapid Transport Systems (BRT) Product Portfolio
7.8.3 Tata Bus Rapid Transport Systems (BRT) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Tata Main Business and Markets Served
7.7.5 Tata Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Bus Rapid Transport Systems (BRT) Industry Chain Analysis
8.2 Bus Rapid Transport Systems (BRT) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Bus Rapid Transport Systems (BRT) Production Mode & Process
8.4 Bus Rapid Transport Systems (BRT) Sales and Marketing
8.4.1 Bus Rapid Transport Systems (BRT) Sales Channels
8.4.2 Bus Rapid Transport Systems (BRT) Distributors
8.5 Bus Rapid Transport Systems (BRT) Customers
9 Bus Rapid Transport Systems (BRT) Market Dynamics
9.1 Bus Rapid Transport Systems (BRT) Industry Trends
9.2 Bus Rapid Transport Systems (BRT) Market Drivers
9.3 Bus Rapid Transport Systems (BRT) Market Challenges
9.4 Bus Rapid Transport Systems (BRT) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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