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PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1442584

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PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1442584

Bus Rapid Transit Market Assessment, By Type, By Power Source, By System, By Application, By Region, Opportunities and Forecast, 2017-2031F

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Description

Table of Contents

List of Tables

Global bus rapid transit (BRT) market is projected to witness a CAGR of 6.24% during the forecast period between 2024-2031, growing from USD 2.46 billion in 2023, to USD 3.99 billion in 2031. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.

Increasing urbanization and industrialization have ended up advancing public transportation. Advanced sustainability and cost-effective public mobility solutions fuel market growth. Furthermore, higher convenience and government investment in restructuring and renovating the transport stations are adding value to the market growth. Specific lanes, aligned stations, and bus routes along with the online fare collection are advancing the bus rapid transit system. Performing better than light rail systems and metro, advanced bus rapid transit enables faster operations. The advent of electric buses and new bus charging infrastructure with additional transit stations are propelling the development of futuristic bus rapid transits (BRTs). The increased population of emerging economies, like China and India, is pushing authorities to adopt bus rapid transit with high-quality, high-frequency, and high-capacity. The higher adoption of EV buses for lower vehicular emissions is adding new transit systems for buses.

In August 2023, India approved a plan of USD 7 billion for launching 10,000 electric buses. These electric buses are expected to be distributed in 169 cities all over the country. The plan in persuasion involves a budget of USD 12 billion to cater to a total number of 50,000 electric buses nationwide.

Rising Population and Adoption of Electric Buses Surge the Market

The increasing population across the globe with limited sources of transportation is increasing the importance of faster and more advanced transit. Authorities are partnering with private transportation companies to deliver better mobility solutions. From fare regulations to the accessibility of frequent public transport services, bus rapid transit adds additional layers to road safety. The adoption of new electric buses with 0% emissions and lower maintenance costs is helping modern cities lower pollution while fastening the transportation for daily commuters. Apart from intercity travel, the BRT systems integrate with the broader urban transit networks such as metro and railway networks.

Advance Multimodal Integration to Thrive Market Growth

The multimodal integration includes integrated bike-sharing, commuter trains, and subways that shorten end-to-end distances. City planning authorities are adopting BRT at a larger scale to smoothen transportation. It includes the introduction of new rapid bus routes with longer buses. In January 2024, TransLink (British Columbia Rapid Transit Company Ltd.) launched the latest R6 RapidBus in Surrey and Delta. It is metro Vancouver's sixth RapidBus route comprising a 12 km long distance. The R6 includes limited stops, longer articulated buses, and all-door boarding.

Reduced Travel Time and Lower Operational Costs to Proliferate the Market Growth

The smoother transportation delivered by bus rapid transit network reduces the travel time and the average cost of implementation. While train and metro transit networks require rail tracks, bus rapid transit can be implemented at lower costs and in smaller locations. The frequent arrivals, easy payment methods, and cheaper fares make buses the first choice of daily commuters for transportation. BRT systems are enabled through transit-oriented development (TOD) as it has become a crucial part of the urban strategy including public transport stations. The integrated BRT comprises crossing signs, crossings, foot-over bridges, bus stops, pedestrian subways, and road markings. It delivers ease for daily commuters to save a lot of time while delivering hassle-free transport solutions. Overall, the BRT network has become one important component of modern city planning for overall development.

For instance, in July 2023, the Sound Transit (Central Puget Sound Regional Transit Authority) adopted the final budget and scheduled the new stride bus rapid transit (BRT) service, comprising a new bus base, BRT lines between SR522/NE 145th street and I-405. The network is open for service between 2027 and 2029.

Public Transportation Route and Government Investment to Fuel Market Growth

The rising population and limited mobility options have pushed the government to adopt accessible, faster, and smoother transport measures. The city planning budget includes a fair share for the development of transit networks including bus rapid transit. The increased demand for faster mobility has fueled the market growth as governments implement new routes for rapid bus services. Furthermore, government allocation of new planned city projects reflects positively on the global bus rapid transit (BRT) market.

The vendor companies adopt new technological advancements such as solutions like foot over bridges and integration of subways and crossings. Governments across the globe understand the importance of transport efficiency and sustainability. Hence, it invests, incentivizes, and endorses BRT to counter urban transportation challenges. Furthermore, the government's adoption of electric vehicles at a large scale is a profiting factor for the market as new bus fleets would require rapid transit.

For instance, In January 2024, Senegal launched its first electric bus rapid network for faster transportation. While China Railway Rolling Stock Corporation is providing all-electric buses for the project, China Road and Bridge Corporation has built the Dakar BRT project.

Urban Area Holds Significant Share in Global Bus Rapid Transit Market

Based on application, the urban area segment holds a significant share. The factor leading the segment is dense and congested urban setting along with the rapidly increasing traffic in the urban spaces. The urban area covers two types of rapid transit, i.e. intracity and intercity. The intercity subsegment consumes more of the bus rapid transit market due to the major portion of commuters traveling between shorter distances inside the city. However, the integration of broader transit networks has allowed BRT to expand it in the intracity application as well. The increasing urban population includes daily commuters along with the tourists visiting the city. New urban planning strategies are adopting the BRT networks to manage the city's public transport in a better manner while promoting sustainable transportation.

For instance: In August 2023, Lund, Sweden revolutionized its transportation route with the adoption of a new electric route network. The decision was approved by the municipal board. The new network route is developed with the collaboration of skanetrafiken, Keolis, and the municipality of Lund.

Asia-Pacific Dominates Bus Rapid Transit Market

The rapidly increasing population in emerging economies like China and India are adopting sustainable transport solutions. The increased urbanization and industrialization in these countries give a push to the development and renovation of already existing transportation structures. Furthermore, the governments in the region are focusing on sustainable urban transport while adopting safe, green, inclusive, and smart mobility solutions. The higher consumption of electric buses is an outcome of the government's decision to make transport easy, fast, and environmentally friendly. Nations are extending these rapid transit networks between urban and rural regions to maintain the equilibrium. The countries are adhering to "people-oriented" BRT solutions to shorten the time spent while traveling.

For instance: In December 2023, India's Indira Gandhi International (IGI) airport (Delhi International Airport Limited) announced to build a hub comprising multimodal interstate transport hubs including bus terminus. The bus terminus will facilitate smooth bus rides between Delhi and neighbouring states to enhance flyers' experience.

Future Market Scenario (2024 - 2031F)

Lower operational costs and increased population to drive market growth during the forecast period.

Government authorities and private companies are building bus rapid transit components like stations, bridges, and electric buses, anticipated to add value to the market dynamics.

Rapid urbanization and advanced city planning are projected to deliver smooth, accessible, and faster modes of transportation.

Emerging countries of Asia-Pacific are restructuring and building intelligent urban bus systems is propelling the market growth.

Key Players Landscape and Outlook

The competitive landscape for bus rapid transit (BRT) includes transportation solution vendors, bus manufacturers, and public entities. The key players are focusing on delivering inclusive transit network solutions that include all necessary components. These players collaborate with government authorities to implement transit-oriented development (TOD) projects in urban and other applications. Furthermore, the companies partner with each other to develop new solutions and expand their distribution channel. Key companies work on delivering lower congestion and shorter travel time while keeping cities clean and safe.

For example, in November 2023, AB Volvo Group acquired the battery business of Proterra for USD 210 million in a bankruptcy auction. In addition, it will purchase Proterra Powered, a development centre located in California, and an assembly plant located in South Carolina.

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Product Code: MX11052

Table of Contents

1. Research Methodology

2. Project Scope & Definitions

3. Executive Summary

4. Voice of Customer

  • 4.1. Product and Market Intelligence
  • 4.2. Factors Considered in Purchase Decisions
    • 4.2.1. Dedicated Bus Lanes
    • 4.2.2. Efficient Boarding System
    • 4.2.3. Well-designed Station
    • 4.2.4. Reliable Rescheduling
    • 4.2.5. Integration with Other Modes

5. Global Bus Rapid Transit Market Outlook, 2017-2031F

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
    • 5.1.2. By Volume
  • 5.2. By Type
    • 5.2.1. Standard
    • 5.2.2. Articulated
    • 5.2.3. Others
  • 5.3. By Power Source
    • 5.3.1. Hybrid
    • 5.3.2. Diesel
    • 5.3.3. Electric
    • 5.3.4. Others
  • 5.4. By System
    • 5.4.1. Open BRT
    • 5.4.2. Closed BRT
    • 5.4.3. Hybrid BRT
  • 5.5. By Application
    • 5.5.1. Urban Area
    • 5.5.2. Others
  • 5.6. By Region
    • 5.6.1. North America
    • 5.6.2. Europe
    • 5.6.3. Asia-Pacific
    • 5.6.4. South America
    • 5.6.5. Middle East and Africa
  • 5.7. By Company Market Share (%), 2023

6. Global Bus Rapid Transit Market Outlook, By Region, 2017-2031F

  • 6.1. North America*
    • 6.1.1. Market Size & Forecast
      • 6.1.1.1. By Value
      • 6.1.1.2. By Volume
    • 6.1.2. By Type
      • 6.1.2.1. Standard
      • 6.1.2.2. Articulated
      • 6.1.2.3. Others
    • 6.1.3. By Power Source
      • 6.1.3.1. Hybrid
      • 6.1.3.2. Diesel
      • 6.1.3.3. Electric
      • 6.1.3.4. Others
    • 6.1.4. By System
      • 6.1.4.1. Open BRT
      • 6.1.4.2. Closed BRT
      • 6.1.4.3. Hybrid BRT
    • 6.1.5. By Application
      • 6.1.5.1. Urban Area
      • 6.1.5.2. Others
    • 6.1.6. United States*
      • 6.1.6.1. Market Size & Forecast
      • 6.1.6.1.1. By Value
      • 6.1.6.1.2. By Volume
      • 6.1.6.2. By Type
      • 6.1.6.2.1. Standard
      • 6.1.6.2.2. Articulated
      • 6.1.6.2.3. Others
      • 6.1.6.3. By Power Source
      • 6.1.6.3.1. Hybrid
      • 6.1.6.3.2. Diesel
      • 6.1.6.3.3. Electric
      • 6.1.6.3.4. Others
      • 6.1.6.4. By System
      • 6.1.6.4.1. Open BRT
      • 6.1.6.4.2. Closed BRT
      • 6.1.6.4.3. Hybrid BRT
      • 6.1.6.5. By Application
      • 6.1.6.5.1. Urban Area
      • 6.1.6.5.2. Others
    • 6.1.7. Canada
    • 6.1.8. Mexico

All segments will be provided for all regions and countries covered

  • 6.2. Europe
    • 6.2.1. Germany
    • 6.2.2. France
    • 6.2.3. Italy
    • 6.2.4. United Kingdom
    • 6.2.5. Russia
    • 6.2.6. Netherlands
    • 6.2.7. Spain
    • 6.2.8. Turkey
    • 6.2.9. Poland
  • 6.3. Asia-Pacific
    • 6.3.1. India
    • 6.3.2. China
    • 6.3.3. Japan
    • 6.3.4. Australia
    • 6.3.5. Vietnam
    • 6.3.6. South Korea
    • 6.3.7. Indonesia
    • 6.3.8. Philippines
  • 6.4. South America
    • 6.4.1. Brazil
    • 6.4.2. Argentina
  • 6.5. Middle East & Africa
    • 6.5.1. Saudi Arabia
    • 6.5.2. UAE
    • 6.5.3. South Africa

7. Market Mapping, 2023

  • 7.1. By Type
  • 7.2. By Power Source
  • 7.3. By System
  • 7.4. By Application
  • 7.5. By Region

8. Macro Environment and Industry Structure

  • 8.1. Demand Supply Analysis
  • 8.2. Import Export Analysis
  • 8.3. Value Chain Analysis
  • 8.4. PESTEL Analysis
    • 8.4.1. Political Factors
    • 8.4.2. Economic System
    • 8.4.3. Social Implications
    • 8.4.4. Technological Advancements
    • 8.4.5. Environmental Impacts
    • 8.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
  • 8.5. Porter's Five Forces Analysis
    • 8.5.1. Supplier Power
    • 8.5.2. Buyer Power
    • 8.5.3. Substitution Threat
    • 8.5.4. Threat from New Entrants
    • 8.5.5. Competitive Rivalry

9. Market Dynamics

  • 9.1. Growth Drivers
  • 9.2. Growth Inhibitors (Challenges and Restraints)

10. Key Players Landscape

  • 10.1. Competition Matrix of Top Five Market Leaders
  • 10.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2023)
  • 10.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
  • 10.4. SWOT Analysis (For Five Market Players)
  • 10.5. Patent Analysis (If Applicable)

11. Pricing Analysis

12. Case Studies

13. Key Players Outlook

  • 13.1. AB Volvo Corporation
    • 13.1.1. Company Details
    • 13.1.2. Key Management Personnel
    • 13.1.3. Products & Services
    • 13.1.4. Financials (As reported)
    • 13.1.5. Key Market Focus & Geographical Presence
    • 13.1.6. Recent Developments
  • 13.2. Ashok Leyland Ltd
  • 13.3. Marcopolo S.A
  • 13.4. BYD Company Ltd.
  • 13.5. Tata Motors Limited
  • 13.6. Maschinenfabrik Augsburg-Nurnberg (MAN) AG
  • 13.7. Mercedes-Benz AG
  • 13.8. Eicher Motors Limited
  • 13.9. King Long United Automotive Industry Co. Ltd.
  • 13.10 Caio Induscar Group

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

14. Strategic Recommendations

15. About Us & Disclaimer

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Product Code: MX11052

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. Global Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 2. Global Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 3. Global Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 4. Global Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 5. Global Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 6. Global Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 7. Global Bus Rapid Transit Market Share (%), By Region, 2017-2031F
  • Figure 8. North America Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 9. North America Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 10. North America Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 11. North America Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 12. North America Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 13. North America Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 14. North America Bus Rapid Transit Market Share (%), By Country, 2017-2031F
  • Figure 15. United States Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 16. United States Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 17. United States Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 18. United States Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 19. United States Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 20. United States Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 21. Canada Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 22. Canada Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 23. Canada Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 24. Canada Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 25. Canada Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 26. Canada Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 27. Mexico Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 28. Mexico Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 29. Mexico Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 30. Mexico Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 31. Mexico Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 32. Mexico Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 33. Europe Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 34. Europe Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 35. Europe Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 36. Europe Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 37. Europe Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 38. Europe Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 39. Europe Bus Rapid Transit Market Share (%), By Country, 2017-2031F
  • Figure 40. Germany Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 41. Germany Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 42. Germany Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 43. Germany Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 44. Germany Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 45. Germany Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 46. France Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 47. France Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 48. France Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 49. France Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 50. France Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 51. France Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 52. Italy Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 53. Italy Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 54. Italy Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 55. Italy Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 56. Italy Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 57. Italy Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 58. United Kingdom Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 59. United Kingdom Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 60. United Kingdom Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 61. United Kingdom Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 62. United Kingdom Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 63. United Kingdom Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 64. Russia Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 65. Russia Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 66. Russia Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 67. Russia Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 68. Russia Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 69. Russia Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 70. Netherlands Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 71. Netherlands Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 72. Netherlands Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 73. Netherlands Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 74. Netherlands Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 75. Netherlands Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 76. Spain Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 77. Spain Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 78. Spain Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 79. Spain Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 80. Spain Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 81. Spain Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 82. Turkey Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 83. Turkey Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 84. Turkey Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 85. Turkey Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 86. Turkey Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 87. Turkey Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 88. Poland Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 89. Poland Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 90. Poland Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 91. Poland Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 92. Poland Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 93. Poland Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 94. South America Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 95. South America Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 96. South America Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 97. South America Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 98. South America Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 99. South America Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 100. South America Bus Rapid Transit Market Share (%), By Country, 2017-2031F
  • Figure 101. Brazil Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 102. Brazil Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 103. Brazil Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 104. Brazil Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 105. Brazil Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 106. Brazil Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 107. Argentina Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 108. Argentina Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 109. Argentina Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 110. Argentina Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 111. Argentina Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 112. Argentina Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 113. Asia-Pacific Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 114. Asia-Pacific Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 115. Asia-Pacific Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 116. Asia-Pacific Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 117. Asia-Pacific Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 118. Asia-Pacific Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 119. Asia-Pacific Bus Rapid Transit Market Share (%), By Country, 2017-2031F
  • Figure 120. India Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 121. India Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 122. India Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 123. India Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 124. India Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 125. India Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 126. China Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 127. China Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 128. China Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 129. China Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 130. China Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 131. China Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 132. Japan Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 133. Japan Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 134. Japan Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 135. Japan Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 136. Japan Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 137. Japan Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 138. Australia Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 139. Australia Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 140. Australia Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 141. Australia Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 142. Australia Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 143. Australia Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 144. Vietnam Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 145. Vietnam Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 146. Vietnam Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 147. Vietnam Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 148. Vietnam Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 149. Vietnam Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 150. South Korea Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 151. South Korea Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 152. South Korea Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 153. South Korea Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 154. South Korea Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 155. South Korea Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 156. Indonesia Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 157. Indonesia Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 158. Indonesia Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 159. Indonesia Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 160. Indonesia Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 161. Indonesia Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 162. Philippines Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 163. Philippines Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 164. Philippines Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 165. Philippines Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 166. Philippines Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 167. Philippines Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 168. Middle East & Africa Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 169. Middle East & Africa Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 170. Middle East & Africa Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 171. Middle East & Africa Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 172. Middle East & Africa Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 173. Middle East & Africa Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 174. Middle East & Africa Bus Rapid Transit Market Share (%), By Country, 2017-2031F
  • Figure 175. Saudi Arabia Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 176. Saudi Arabia Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 177. Saudi Arabia Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 178. Saudi Arabia Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 179. Saudi Arabia Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 180. Saudi Arabia Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 181. UAE Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 182. UAE Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 183. UAE Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 184. UAE Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 185. UAE Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 186. UAE Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 187. South Africa Bus Rapid Transit Market, By Value, In USD Billion, 2017-2031F
  • Figure 188. South Africa Bus Rapid Transit Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 189. South Africa Bus Rapid Transit Market Share (%), By Type, 2017-2031F
  • Figure 190. South Africa Bus Rapid Transit Market Share (%), By Power Source, 2017-2031F
  • Figure 191. South Africa Bus Rapid Transit Market Share (%), By System, 2017-2031F
  • Figure 192. South Africa Bus Rapid Transit Market Share (%), By Application, 2017-2031F
  • Figure 193. By Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 194. By Power Source Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 195. By System Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 196. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 197. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023
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