Bus Rapid Transit Systems Market by Type, System

Description

List of Tables

[187 Pages Report] The Bus Rapid Transit Systems Market size was estimated at USD 1.77 billion in 2023 and expected to reach USD 1.86 billion in 2024, at a CAGR 5.59% to reach USD 2.59 billion by 2030.

Global Bus Rapid Transit Systems Market

KEY MARKET STATISTICS
Base Year [2023]	USD 1.77 billion
Estimated Year [2024]	USD 1.86 billion
Forecast Year [2030]	USD 2.59 billion
CAGR (%)	5.59%

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Bus Rapid Transit Systems Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Bus Rapid Transit Systems Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Bus Rapid Transit Systems Market, highlighting leading vendors and their innovative profiles. These include AB Volvo, BYD Motors, Inc., Daimler Buses GmbH, GILLIG LLC by CC Industries, Inc., Keolis S.A., Marcopolo Group, Mott MacDonald Group, REV Group, Inc., Roam, SG Automotive Group, SICE Technology and Systems Group, Skanska AB, Stantec Inc., Tata Motors Limited, Transdev, Urban Mass Transit Company Limited, Vicinity Motor Corp., WSP Global Inc., Xiamen King Long International Trading Co.,Ltd., and Yutong Bus Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Bus Rapid Transit Systems Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Articulated
- Standard
System
- Closed BRT System
- Open BRT System
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Bus Rapid Transit Systems Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Bus Rapid Transit Systems Market?

3. What are the technology trends and regulatory frameworks in the Bus Rapid Transit Systems Market?

4. What is the market share of the leading vendors in the Bus Rapid Transit Systems Market?

5. Which modes and strategic moves are suitable for entering the Bus Rapid Transit Systems Market?

Product Code: MRR-1E2F1ED7E69C

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Bus Rapid Transit Systems Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for emission-free and energy-efficient mass transit solutions
  - 5.1.1.2. Growing numbers of traffic congestion problems
  - 5.1.1.3. Rising government support for electrification of public transport systems
- 5.1.2. Restraints
  - 5.1.2.1. High initial cost of installing bus rapid transit system
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in BRT design and development
  - 5.1.3.2. Rising government initiatives and investment in BRT systems
- 5.1.4. Challenges
  - 5.1.4.1. Limited availability of necessary infrastructure
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Bus Rapid Transit Systems Market, by Type

6.1. Introduction
6.2. Articulated
6.3. Standard

7. Bus Rapid Transit Systems Market, by System

7.1. Introduction
7.2. Closed BRT System
7.3. Open BRT System

8. Americas Bus Rapid Transit Systems Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Bus Rapid Transit Systems Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Bus Rapid Transit Systems Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. AB Volvo
- 12.1.2. BYD Motors, Inc.
- 12.1.3. Daimler Buses GmbH
- 12.1.4. GILLIG LLC by CC Industries, Inc.
- 12.1.5. Keolis S.A.
- 12.1.6. Marcopolo Group
- 12.1.7. Mott MacDonald Group
- 12.1.8. REV Group, Inc.
- 12.1.9. Roam
- 12.1.10. SG Automotive Group
- 12.1.11. SICE Technology and Systems Group
- 12.1.12. Skanska AB
- 12.1.13. Stantec Inc.
- 12.1.14. Tata Motors Limited
- 12.1.15. Transdev
- 12.1.16. Urban Mass Transit Company Limited
- 12.1.17. Vicinity Motor Corp.
- 12.1.18. WSP Global Inc.
- 12.1.19. Xiamen King Long International Trading Co.,Ltd.
- 12.1.20. Yutong Bus Co., Ltd.
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing