Global and Japan Bus Rapid Transport Systems (BRT) Market Insights, Forecast to 2027

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.
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%.

Market Analysis and Insights: Global and Japan Bus Rapid Transport Systems (BRT) Market
This report focuses on global and Japan Bus Rapid Transport Systems (BRT) market.
In 2020, the global Bus Rapid Transport Systems (BRT) market size was US$ 2410 million and it is expected to reach US$ 3644.9 million by the end of 2027, with a CAGR of 6.1% during 2021-2027. In Japan the Bus Rapid Transport Systems (BRT) market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Bus Rapid Transport Systems (BRT) Scope and Market Size
Bus Rapid Transport Systems (BRT) market is segmented by region (country), players, 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 in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Bus Rapid Transport Systems (BRT) market size by players, by Power Source, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Power Source
Diesel
Alternate Fuel
EV


Segment by Application
Urban
Countryside


By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE


By Company
Volvo
Volkswagen
Yutong
JINLONG
Macropolo
Daimler
Qingnian
Tata