Global Bus Rapid Transport Systems (BRT) Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application

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 bus rapid transport systems is relatively concentrated, the production of top eight manufacturers account about 80% of global production. The high-end products mainly come from Latin America and China.
In the world wide, the plants of major manufactures mainly distribute in Latin America and China, In Latin America, transnational companies, like Volvo and Volkswagen, are the leading manufactures in this area. As to China, Yutong and JINLONG have become the leader of domestic manufactures.

Market Analysis and Insights: Global Bus Rapid Transport Systems (BRT) Market
The research report studies the Bus Rapid Transport Systems (BRT) market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Bus Rapid Transport Systems (BRT) market size is projected to reach US$ 3407.2 million by 2026, from US$ 2388.4 million in 2020, at a CAGR of 6.1% during 2021-2026.

Global Bus Rapid Transport Systems (BRT) Scope and Segment
The global Bus Rapid Transport Systems (BRT) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bus Rapid Transport Systems (BRT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

Segment by Type, the Bus Rapid Transport Systems (BRT) market is segmented into
Diesel
Alternate Fuel
EV

Segment by Application, the Bus Rapid Transport Systems (BRT) market is segmented into
Used in Urban Areas
Used in Countryside

Global Bus Rapid Transport Systems (BRT) market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The major vendors covered:
Volvo
Volkswagen
Yutong
JINLONG
Macropolo
Daimler
Qingnian

Frequently Asked Questions