Bus Rapid Transit Vehicles Market, By Type, By Propulsion Type, By Passenger Capacity, By Application, By Country, and By Region - Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032

Description

REPORT HIGHLIGHT

Bus Rapid Transit Vehicles Market size was valued at US$ 37,498.43 Million in 2024, expanding at a CAGR of 7.90% from 2025 to 2032.

The Bus Rapid Transit (BRT) vehicles market focuses on high-capacity buses that operate in dedicated lanes to provide faster, more efficient urban public transportation. BRT systems are gaining popularity due to their cost-effectiveness, environmental benefits, and ability to reduce traffic congestion. Rising urbanization, environmental concerns, and government initiatives pushing for clean transportation solutions contribute to this growth. However, challenges include high initial infrastructure costs, limited adoption in certain regions, and the complexity of integrating BRT systems into existing transport networks. Opportunities lie in the increasing demand for eco-friendly public transport, growing investments in smart city initiatives, and technological advancements like electric and autonomous buses, which offer enhanced efficiency and sustainability. Additionally, with an increasing focus on reducing carbon emissions, BRT vehicles are positioned as a viable alternative to traditional transit methods.

Bus Rapid Transit Vehicles Market- Market Dynamics

Growing Demand for Sustainable Urban Mobility Solutions Drives the BRT Vehicles

The growing demand for sustainable urban mobility solutions is significantly driving the Bus Rapid Transit (BRT) vehicles market. Cities like Bogota, Colombia, and Curitiba, Brazil, have demonstrated the effectiveness of BRT systems in reducing traffic congestion and lowering emissions. The World Resources Institute reported that BRT systems can reduce urban transport-related CO2 emissions by up to 30%, highlighting their environmental benefits. As cities worldwide seek to combat air pollution and overcrowding, many are turning to BRT as a cost-effective, sustainable solution. In 2023, the U.S. Department of Transportation announced a $100 million investment in BRT infrastructure to support greener transportation networks. With a growing emphasis on sustainable transportation and government initiatives pushing for cleaner alternatives, the BRT vehicles market is expected to continue expanding as part of the broader push for smart, eco-friendly urban mobility. Additionally, innovations in electric and hybrid BRT vehicles are further fueling this trend, offering a more environmentally friendly alternative to traditional buses.

Bus Rapid Transit Vehicles Market- Key Insights

As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 7.90% over the forecast period (2025-2032)

Based on Type segmentation, Double-Articulated Bus was predicted to show maximum market share in the year 2024

Based on Propulsion Type segmentation, Electric BRT Vehicles were the leading Propulsion Type in 2024

Based on Passenger Capacity segmentation, 50-100 Passengers was the leading Passenger Capacity in 2024

On the basis of region, Latin America was the leading revenue generator in 2024

Bus Rapid Transit Vehicles Market- Segmentation Analysis:

The Global Bus Rapid Transit Vehicles Market is segmented on the basis of Type, Propulsion Type, Passenger Capacity, Application, and Region.

The market is divided into three categories based on Type: Single-Articulated Bus, Double-Articulated Bus, and Bi-Articulated Bus. Double-articulated buses dominate the market due to their higher passenger capacity and efficiency in handling large urban populations. Single-articulated buses follow, offering flexibility for smaller routes. Bi-articulated buses, while ideal for very high-capacity corridors, are less commonly used due to their complexity.

The market is divided into four categories based on Propulsion Type: Diesel BRT Vehicles, Hybrid BRT Vehicles, Electric BRT Vehicles, and CNG/LNG BRT Vehicles. Electric BRT vehicles lead the market, driven by sustainability goals and environmental benefits. Hybrid BRT vehicles follow, offering a balance of efficiency and lower emissions. Diesel and CNG/LNG BRT vehicles are still in use, though their market share is gradually declining.

Bus Rapid Transit Vehicles Market- Geographical Insights

The Bus Rapid Transit (BRT) vehicles market is experiencing significant growth across several regions, with notable developments in both developed and emerging markets. In Latin America, cities like Bogota and Curitiba have pioneered BRT systems, establishing the region as a global leader. These cities demonstrate the efficiency of BRT in reducing traffic congestion and pollution, leading to the continued expansion of BRT networks throughout the region. In Asia-Pacific, countries like China, India, and Indonesia are rapidly adopting BRT solutions as part of their efforts to modernize public transportation and address growing urbanization. Jakarta's TransJakarta system and India's Ahmedabad BRT are prime examples of successful implementations. In North America, the U.S. and Canada are investing in BRT infrastructure to enhance public transport and reduce emissions, with cities such as Los Angeles and Toronto adding new routes. Europe is also seeing an increasing number of BRT systems in cities like Istanbul and London, driven by the region's strong commitment to sustainable urban mobility. The Middle East, with cities like Doha and Dubai, is gradually embracing BRT to complement their smart city initiatives.

Bus Rapid Transit Vehicles Market- Competitive Landscape:

The Bus Rapid Transit (BRT) vehicles market is highly competitive, with key players focused on offering advanced, cost-efficient, and environmentally friendly solutions. Manufacturers like Volvo, Mercedes-Benz, and Scania are prominent in the market, providing a range of buses tailored for BRT systems. Volvo's 9700 and Mercedes-Benz's Citaro are commonly used for BRT implementations, known for their fuel efficiency, comfort, and robust designs. Scania's partnership with cities in Europe and Latin America has strengthened its presence, with its hybrid and electric buses becoming increasingly popular. Additionally, Chinese manufacturers such as BYD are gaining market share, particularly with electric BRT buses, as China leads the global shift toward electric mobility. Collaborations between public transport authorities, technology firms, and vehicle manufacturers are driving innovation in the sector, focusing on smart mobility solutions and vehicle electrification. The growing emphasis on sustainable transport is pushing companies to adopt eco-friendly technologies like electric and hybrid buses. Regional players and smaller manufacturers are also entering the market to cater to specific local needs, enhancing competition.

Recent Developments:

In May 2021, Keolis launched a 100% electric Bus Rapid Transit (BRT) line on the Basque Coast. The BRT line uses Irizar electric buses and prioritizes sustainable mobility, with dedicated lanes and priority at intersections. It also promotes car sharing to reduce traffic and emissions.

In April 2024, Casablanca launched its Bus Rapid Transit (BRT) network in early March 2024, featuring 40 Mercedes-Benz CapaCity L buses. These 21-meter buses operate on dedicated lanes, improving urban mobility and reducing CO2 emissions. The BRT system has two routes spanning 24.5 kilometers with 42 stops, serving around 300,000 residents.

In December 2024, TransJakarta launched 200 electric buses, operating on Corridor 2 (Pulo Gadung-Monas) and other routes. This initiative, a collaboration with several operators, aims for 100% electrification by 2030 and contributes to Indonesia's net-zero emission goal by 2050. Passengers have responded positively to the new electric buses.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL BUS RAPID TRANSIT VEHICLES MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

AB Volvo
Alexander Dennis Limited
Ashok Leyland Ltd.
BYD Company Limited
Daimler Truck AG
Iveco S.p.A.
MAN Truck & Bus SE
Marcopolo S.A.
New Flyer Industries Inc.
Scania AB
Solaris Bus & Coach S.A.
Tata Motors Limited
Van Hool NV
VDL Bus & Coach BV
Xiamen King Long United Automotive Industry Co., Ltd.
Yutong Bus Co., Ltd.
Others

GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY TYPE- MARKET ANALYSIS, 2019 - 2032

Single-Articulated Bus
Double-Articulated Bus
Bi-Articulated Bus

GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY PROPULSION TYPE- MARKET ANALYSIS, 2019 - 2032

Diesel BRT Vehicles
Hybrid BRT Vehicles
Electric BRT Vehicles
CNG/LNG BRT Vehicles

GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY PASSENGER CAPACITY- MARKET ANALYSIS, 2019 - 2032

<50 Passengers
50-100 Passengers
100 Passengers

GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032

Urban Transport
Intercity Transport
Airport Shuttle Services

GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Sweden
Russia
Poland
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Thailand
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA

Product Code: ANV4765

1. Bus Rapid Transit Vehicles Market Overview

1.1. Study Scope
1.2. Market Estimation Years

2. Executive Summary

2.1. Market Snippet
- 2.1.1. Bus Rapid Transit Vehicles Market Snippet by Type
- 2.1.2. Bus Rapid Transit Vehicles Market Snippet by Propulsion Type
- 2.1.3. Bus Rapid Transit Vehicles Market Snippet by Passenger Capacity
- 2.1.4. Bus Rapid Transit Vehicles Market Snippet by Application
- 2.1.5. Bus Rapid Transit Vehicles Market Snippet by Country
- 2.1.6. Bus Rapid Transit Vehicles Market Snippet by Region
2.2. Competitive Insights

3. Bus Rapid Transit Vehicles Key Market Trends

3.1. Bus Rapid Transit Vehicles Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
3.2. Bus Rapid Transit Vehicles Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
3.3. Bus Rapid Transit Vehicles Market Opportunities
3.4. Bus Rapid Transit Vehicles Market Future Trends

4. Bus Rapid Transit Vehicles Industry Study

4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis

5. Bus Rapid Transit Vehicles Market: Impact of Escalating Geopolitical Tensions

5.1. Impact of COVID-19 Pandemic
5.2. Impact of Russia-Ukraine War
5.3. Impact of Middle East Conflicts

6. Bus Rapid Transit Vehicles Market Landscape

6.1. Bus Rapid Transit Vehicles Market Share Analysis, 2024
6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis

7. Bus Rapid Transit Vehicles Market - By Type

7.1. Overview
- 7.1.1. Segment Share Analysis, By Type, 2024 & 2032 (%)
- 7.1.2. Single-Articulated Bus
- 7.1.3. Double-Articulated Bus
- 7.1.4. Bi-Articulated Bus

8. Bus Rapid Transit Vehicles Market - By Propulsion Type

8.1. Overview
- 8.1.1. Segment Share Analysis, By Propulsion Type, 2024 & 2032 (%)
- 8.1.2. Diesel BRT Vehicles
- 8.1.3. Hybrid BRT Vehicles
- 8.1.4. Electric BRT Vehicles
- 8.1.5. CNG/LNG BRT Vehicles

9. Bus Rapid Transit Vehicles Market - By Passenger Capacity

9.1. Overview
- 9.1.1. Segment Share Analysis, By Passenger Capacity, 2024 & 2032 (%)
- 9.1.2. <50 Passengers
- 9.1.3. 50-100 Passengers
- 9.1.4. 100 Passengers

10. Bus Rapid Transit Vehicles Market - By Application

10.1. Overview
- 10.1.1. Segment Share Analysis, By Application, 2024 & 2032 (%)
- 10.1.2. Urban Transport
- 10.1.3. Intercity Transport
- 10.1.4. Airport Shuttle Services

11. Bus Rapid Transit Vehicles Market- By Geography

11.1. Introduction
- 11.1.1. Segment Share Analysis, By Geography, 2024 & 2032 (%)
11.2. North America
- 11.2.1. Overview
- 11.2.2. Bus Rapid Transit Vehicles Key Manufacturers in North America
- 11.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.2.4. North America Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.2.5. North America Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
- 11.2.6. North America Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
- 11.2.7. North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.8. U.S.
  - 11.2.8.1. Overview
  - 11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.2.8.3. U.S. Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.2.8.4. U.S. Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.2.8.5. U.S. Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.2.8.6. U.S. Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.2.9. Canada
  - 11.2.9.1. Overview
  - 11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.2.9.3. Canada Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.2.9.4. Canada Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.2.9.5. Canada Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.2.9.6. Canada Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
11.3. Europe
- 11.3.1. Overview
- 11.3.2. Bus Rapid Transit Vehicles Key Manufacturers in Europe
- 11.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.3.4. Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.3.5. Europe Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
- 11.3.6. Europe Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
- 11.3.7. Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.8. Germany
  - 11.3.8.1. Overview
  - 11.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.8.3. Germany Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.8.4. Germany Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.8.5. Germany Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.8.6. Germany Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.9. UK
  - 11.3.9.1. Overview
  - 11.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.9.3. UK Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.9.4. UK Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.9.5. UK Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.9.6. UK Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.10. France
  - 11.3.10.1. Overview
  - 11.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.10.3. France Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.10.4. France Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.10.5. France Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.10.6. France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.11. Italy
  - 11.3.11.1. Overview
  - 11.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.11.3. Italy Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.11.4. Italy Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.11.5. Italy Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.11.6. Italy Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.12. Spain
  - 11.3.12.1. Overview
  - 11.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.12.3. Spain Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.12.4. Spain Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.12.5. Spain Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.12.6. Spain Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.13. The Netherlands
  - 11.3.13.1. Overview
  - 11.3.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.13.3. The Netherlands Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.13.4. The Netherlands Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.13.5. The Netherlands Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.13.6. The Netherlands Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.14. Sweden
  - 11.3.14.1. Overview
  - 11.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.14.3. Sweden Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.14.4. Sweden Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.14.5. Sweden Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.14.6. Sweden Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.15. Russia
  - 11.3.15.1. Overview
  - 11.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.15.3. Russia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.15.4. Russia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.15.5. Russia Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.15.6. Russia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.16. Poland
  - 11.3.16.1. Overview
  - 11.3.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.16.3. Poland Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.16.4. Poland Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.16.5. Poland Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.16.6. Poland Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.3.17. Rest of Europe
  - 11.3.17.1. Overview
  - 11.3.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.3.17.3. Rest of the Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.3.17.4. Rest of the Europe Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.3.17.5. Rest of the Europe Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.3.17.6. Rest of the Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
11.4. Asia Pacific (APAC)
- 11.4.1. Overview
- 11.4.2. Bus Rapid Transit Vehicles Key Manufacturers in Asia Pacific
- 11.4.3. APAC Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.4.4. APAC Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.4.5. APAC Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
- 11.4.6. APAC Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
- 11.4.7. APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.8. China
  - 11.4.8.1. Overview
  - 11.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.4.8.3. China Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.4.8.4. China Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.4.8.5. China Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.4.8.6. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.9. India
  - 11.4.9.1. Overview
  - 11.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.4.9.3. India Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.4.9.4. India Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.4.9.5. India Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.4.9.6. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.10. Japan
  - 11.4.10.1. Overview
  - 11.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.4.10.3. Japan Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.4.10.4. Japan Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.4.10.5. Japan Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.4.10.6. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.11. South Korea
  - 11.4.11.1. Overview
  - 11.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.4.11.3. South Korea Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.4.11.4. South Korea Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.4.11.5. South Korea Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.4.11.6. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.12. Australia
  - 11.4.12.1. Overview
  - 11.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.4.12.3. Australia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.4.12.4. Australia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.4.12.5. Australia Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.4.12.6. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.13. Indonesia
  - 11.4.13.1. Overview
  - 11.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.4.13.3. Indonesia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.4.13.4. Indonesia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.4.13.5. Indonesia Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.4.13.6. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.14. Thailand
  - 11.4.14.1. Overview
  - 11.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.4.14.3. Thailand Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.4.14.4. Thailand Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.4.14.5. Thailand Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.4.14.6. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.15. Philippines
  - 11.4.15.1. Overview
  - 11.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.4.15.3. Philippines Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.4.15.4. Philippines Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.4.15.5. Philippines Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.4.15.6. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.4.16. Rest of APAC
  - 11.4.16.1. Overview
  - 11.4.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.4.16.3. Rest of APAC Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.4.16.4. Rest of APAC Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.4.16.5. Rest of APAC Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.4.16.6. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
11.5. Latin America (LATAM)
- 11.5.1. Overview
- 11.5.2. Bus Rapid Transit Vehicles Key Manufacturers in Latin America
- 11.5.3. LATAM Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.5.4. LATAM Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.5.5. LATAM Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
- 11.5.6. LATAM Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
- 11.5.7. LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.8. Brazil
  - 11.5.8.1. Overview
  - 11.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.5.8.3. Brazil Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.5.8.4. Brazil Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.5.8.5. Brazil Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.5.8.6. Brazil Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.9. Mexico
  - 11.5.9.1. Overview
  - 11.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.5.9.3. Mexico Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.5.9.4. Mexico Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.5.9.5. Mexico Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.5.9.6. Mexico Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.10. Argentina
  - 11.5.10.1. Overview
  - 11.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.5.10.3. Argentina Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.5.10.4. Argentina Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.5.10.5. Argentina Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.5.10.6. Argentina Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.11. Colombia
  - 11.5.11.1. Overview
  - 11.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.5.11.3. Colombia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.5.11.4. Colombia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.5.11.5. Colombia Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.5.11.6. Colombia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.5.12. Rest of LATAM
  - 11.5.12.1. Overview
  - 11.5.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.5.12.3. Rest of LATAM Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.5.12.4. Rest of LATAM Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.5.12.5. Rest of LATAM Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.5.12.6. Rest of LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
11.6. Middle East and Africa (MEA)
- 11.6.1. Overview
- 11.6.2. Bus Rapid Transit Vehicles Key Manufacturers in Middle East and Africa
- 11.6.3. MEA Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 11.6.4. MEA Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
- 11.6.5. MEA Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
- 11.6.6. MEA Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
- 11.6.7. MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.8. Saudi Arabia
  - 11.6.8.1. Overview
  - 11.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.6.8.3. Saudi Arabia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.6.8.4. Saudi Arabia Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.6.8.5. Saudi Arabia Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.6.8.6. Saudi Arabia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.9. United Arab Emirates
  - 11.6.9.1. Overview
  - 11.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.6.9.3. United Arab Emirates Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.6.9.4. United Arab Emirates Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.6.9.5. United Arab Emirates Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.6.9.6. United Arab Emirates Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.10. Israel
  - 11.6.10.1. Overview
  - 11.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.6.10.3. Israel Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.6.10.4. Israel Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.6.10.5. Israel Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.6.10.6. Israel Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.11. Turkey
  - 11.6.11.1. Overview
  - 11.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.6.11.3. Turkey Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.6.11.4. Turkey Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.6.11.5. Turkey Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.6.11.6. Turkey Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.12. Algeria
  - 11.6.12.1. Overview
  - 11.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.6.12.3. Algeria Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.6.12.4. Algeria Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.6.12.5. Algeria Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.6.12.6. Algeria Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.13. Egypt
  - 11.6.13.1. Overview
  - 11.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.6.13.3. Egypt Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.6.13.4. Egypt Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.6.13.5. Egypt Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.6.13.6. Egypt Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 11.6.14. Rest of MEA
  - 11.6.14.1. Overview
  - 11.6.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 11.6.14.3. Rest of MEA Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
  - 11.6.14.4. Rest of MEA Market Size and Forecast, By Propulsion Type, 2019 - 2032 (US$ Million)
  - 11.6.14.5. Rest of MEA Market Size and Forecast, By Passenger Capacity, 2019 - 2032 (US$ Million)
  - 11.6.14.6. Rest of MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)

12. Key Vendor Analysis- Bus Rapid Transit Vehicles Industry

12.1. Competitive Dashboard
- 12.1.1. Competitive Benchmarking
- 12.1.2. Competitive Positioning
12.2. Company Profiles
- 12.2.1. AB Volvo
- 12.2.2. Alexander Dennis Limited
- 12.2.3. Ashok Leyland Ltd.
- 12.2.4. BYD Company Limited
- 12.2.5. Daimler Truck AG
- 12.2.6. Iveco S.p.A.
- 12.2.7. MAN Truck & Bus SE
- 12.2.8. Marcopolo S.A.
- 12.2.9. New Flyer Industries Inc.
- 12.2.10. Scania AB
- 12.2.11. Solaris Bus & Coach S.A.
- 12.2.12. Tata Motors Limited
- 12.2.13. Van Hool NV
- 12.2.14. VDL Bus & Coach BV
- 12.2.15. Xiamen King Long United Automotive Industry Co., Ltd.
- 12.2.16. Yutong Bus Co., Ltd.
- 12.2.17. Others

13. 360 Degree AnalystView

14. Appendix

14.1. Research Methodology
14.2. References
14.3. Abbreviations
14.4. Disclaimer
14.5. Contact Us