Bus Rapid Transit System Global Market Report 2024

Description

Bus Rapid Transit (BRT) is an advanced transit system based on buses, designed to offer increased capacity, reliability, and overall quality compared to traditional bus networks. BRT combines the flexibility and cost-effectiveness of regular bus routes with the efficiency and amenities typically associated with light rail systems. It aims to provide reliable and efficient public transportation, reducing travel time and improving the overall transit experience.

The main types of Bus Rapid Transit systems include articulated, bi-articulated, and traditional buses. Articulated buses are high-capacity buses with two or more rigid sections connected by a pivoting joint, protected on all sides by bellows, and featuring a cover plate on the floor. Seating capacities can vary, categorized as less than 50, 50-80-seater, and above 80, often associated with express, semi-express, and local services. BRT buses are powered by different fuel types such as diesel, natural gas, and others, and are utilized by both government and private entities.

The bus rapid transit system market research report is one of a series of new reports from The Business Research Company that provides bus rapid transit system market statistics, including bus rapid transit system industry global market size, regional shares, competitors with a bus rapid transit system market share, detailed bus rapid transit system market segments, market trends and opportunities, and any further data you may need to thrive in the bus rapid transit system industry. This bus rapid transit system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The bus rapid transit system market size has grown rapidly in recent years. It will grow from $2.56 billion in 2023 to $2.83 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth observed during the historic period in Bus Rapid Transit (BRT) systems can be attributed to several factors, including increased urbanization, growing environmental concerns, government initiatives promoting sustainable transportation, fluctuations in fuel prices influencing public transportation choices, and heightened public awareness of the benefits of efficient and environmentally friendly transit solutions.

The bus rapid transit system market size is expected to see strong growth in the next few years. It will grow to $4.05 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The anticipated growth in the forecast period for Bus Rapid Transit (BRT) systems can be attributed to the increasing focus on smart city initiatives, goals related to climate change mitigation, the rise in remote working practices influencing transportation needs, government funding and policies supporting sustainable transit, and a continuous emphasis on enhancing the passenger experience. Major trends expected in the forecast period include the integration of BRT systems with intelligent transportation systems, innovations in articulated buses, the implementation of digital payment and ticketing systems, the use of data analytics for optimizing BRT performance, and the promotion of public-private partnerships (PPPs) in the development and operation of BRT infrastructure.

The projected rise in traffic congestion and air pollution is expected to significantly boost the bus rapid transit system market in the foreseeable future. Traffic congestion characterizes situations where increased vehicles on roads result in slower speeds and extended travel times. Simultaneously, air pollution encompasses harmful compounds in the air that pose health risks, often arising from vehicle emissions. Bus rapid transit systems offer dedicated lanes for buses, allowing them to traverse cities swiftly and bypass traffic congestion, thereby addressing this issue. Moreover, these systems incorporate clean vehicle technologies such as electric, hybrid, or compressed natural gas (CNG) buses, minimizing pollutants compared to conventional diesel buses. INRIX Inc. reported that in 2022, US drivers collectively spent almost 4.8 billion hours in traffic, with the average American driver losing $869 due to traffic delays, emphasizing the severity of congestion. Additionally, the American Lung Association's State of the Air 2023 report highlighted that approximately 119.6 million Americans, constituting around 36% of the population, reside in areas marked with unsatisfactory ozone or particle pollution levels in 2021. Consequently, the mounting concerns over traffic congestion and air pollution are key drivers propelling the bus rapid transit system market.

The increasing demand for sustainable transportation stands as another influential factor fueling the growth of the bus rapid transit system market. Sustainable transport denotes transportation methods that limit adverse social and environmental impacts, focusing on energy efficiency, low or zero emissions, and affordability. Bus rapid transit (BRT) systems align with sustainable transport goals, offering numerous environmental and societal benefits. BRTs are designed to be energy-efficient and low-emission, contributing to reductions in transportation-related carbon emissions. The International Institute for Sustainable Development noted that transport accounted for 64% of global oil consumption, 27% of overall energy use, and 23% of energy-related carbon dioxide (CO2) emissions in May 2021. This underscores the urgency and significance of adopting sustainable transport modes, thereby driving the growth of the bus rapid transit system market.

Local opposition poses a substantial constraint on the projected growth of the bus rapid transit system market within the forecast period. This opposition signifies resistance or objections originating from individuals or groups within specific communities or localities concerning proposed projects, policies, or changes that directly impact their area or neighborhood. The development and success of a bus rapid transit (BRT) system can be significantly affected by local opposition, influenced by factors such as objections from property owners, concerns regarding routes and infrastructure, and anxieties related to traffic congestion. For instance, as reported by The Conversation in May 2022, challenges such as inconsistent building designs, local opposition, and unforeseen costs led to considerable delays in the creation and execution of a transportation system, spanning multiple years. Although several construction phases have been completed or are underway, issues surrounding local opposition have affected the overall progress of the project. Consequently, hindrances caused by local opposition present a notable impediment to the growth of the bus rapid transit system market.

Prominent companies within the bus rapid transit system market are actively engaged in developing innovative products, notably automated transit buses, aimed at providing reliable and efficient customer service. An automated transit bus refers to a bus capable of operating without human intervention, employing a diverse array of sensors and software to navigate roads, halt at designated stops, and manage door operations. For instance, in January 2021, New Flyer of America Inc., a US-based provider of cutting-edge mobility solutions, introduced the Xcelsior AV automated transit bus. This heavy-duty automated bus integrates advanced driver assistance systems (ADAS) technology, compliant with Society of Automotive Engineers (SAE) Standard J3016 Level 4, and harnesses the zero-emission capabilities of New Flyer's Xcelsior CHARGETM battery-electric propulsion. Equipped with AutoDrive technology, functioning as the eyes and brain of the automated system, and AutoDrive By Wire (drive-by-wire system), serving as the hands and feet of the automated system, this bus effectively manages steering, braking, and throttle operations along its route, showcasing advancements in automated transit solutions.

In August 2022, Tata Motors Ltd., an esteemed automobile manufacturer based in India, successfully acquired Marcopolo S.A., although the specific financial details of the transaction remain undisclosed. This strategic acquisition is anticipated to propel Tata Motors' bus manufacturing segment while bolstering its global foothold in the bus market. Marcopolo S.A., based in Brazil, specializes in manufacturing rail coaches, buses, and rapid transit systems, thus bringing significant expertise and resources to Tata Motors' bus manufacturing endeavors. This acquisition aligns with Tata Motors' strategic objectives to broaden its business scope and enhance its position within the global bus manufacturing landscape.

Major companies operating in the bus rapid transit system market report are Mercedes-Benz Group AG, Siemens AG, BYD Auto Co Ltd., AB Volvo, Scania AB, Iveco S.p.A., Qingdao Hisense TransTech Co Ltd., Hino Motors Ltd., MAN SE, Transdev Group S.A., VDL Bus & Coach BV, Xiamen King Long Motor Group Co Ltd., Tata Motors Ltd., Zhengzhou Yutong Group Co Ltd., Ashok Leyland Ltd., Zhongtong Bus Holding Co Ltd., Solaris Bus & Coach sp. z o. o., NFI Group Inc., New Flyer Industries Inc., Marcopolo S.A., Gillig LLC, Anhui Ankai Automobile Co Ltd., Xiamen Golden Dragon Bus Co Ltd., Optare Group Ltd., Ebusco BV

North America was the largest region in the bus rapid transit system market in 2023. The regions covered in the bus rapid transit system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the bus rapid transit system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The bus rapid transit system market includes revenues earned by entities by providing services such as traffic signal priority, off-board fare collection, elevated platforms and enhanced stations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Bus Rapid Transit System Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on bus rapid transit system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for bus rapid transit system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The bus rapid transit system market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Articulated; Bi-Articulated; Traditional Bus
2) By Seating Capacity: Less Than 50; 50-80 Seater; Above 80
3) By Level Of Service: Express; Semi-Express; Local
4) By Fuel Type: Diesel; Natural Gas; Other Fuel Types
5) By End-Use: Government; Private
Companies Mentioned: Mercedes-Benz Group AG; Siemens AG; BYD Auto Co Ltd.; AB Volvo; Scania AB
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r13379

1. Executive Summary

2. Bus Rapid Transit System Market Characteristics

3. Bus Rapid Transit System Market Trends And Strategies

4. Bus Rapid Transit System Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Bus Rapid Transit System Market Size and Growth

5.1. Global Bus Rapid Transit System Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Bus Rapid Transit System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Bus Rapid Transit System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Bus Rapid Transit System Market Segmentation

6.1. Global Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Articulated
Bi-Articulated
Traditional Bus
6.2. Global Bus Rapid Transit System Market, Segmentation By Seating Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Less Than 50
50-80 Seater
Above 80
6.3. Global Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Express
Semi-Express
Local
6.4. Global Bus Rapid Transit System Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Diesel
Natural Gas
Other Fuel Types
6.5. Global Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Government
Private

7. Bus Rapid Transit System Market Regional And Country Analysis

7.1. Global Bus Rapid Transit System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Bus Rapid Transit System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Bus Rapid Transit System Market

8.1. Asia-Pacific Bus Rapid Transit System Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Bus Rapid Transit System Market

9.1. China Bus Rapid Transit System Market Overview
9.2. China Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Bus Rapid Transit System Market

10.1. India Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Bus Rapid Transit System Market

11.1. Japan Bus Rapid Transit System Market Overview
11.2. Japan Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Bus Rapid Transit System Market

12.1. Australia Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Bus Rapid Transit System Market

13.1. Indonesia Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Bus Rapid Transit System Market

14.1. South Korea Bus Rapid Transit System Market Overview
14.2. South Korea Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Bus Rapid Transit System Market

15.1. Western Europe Bus Rapid Transit System Market Overview
15.2. Western Europe Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Bus Rapid Transit System Market

16.1. UK Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Bus Rapid Transit System Market

17.1. Germany Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Bus Rapid Transit System Market

18.5. France Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Bus Rapid Transit System Market

19.9. Italy Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Bus Rapid Transit System Market

20.13. Spain Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Bus Rapid Transit System Market

21.1. Eastern Europe Bus Rapid Transit System Market Overview
21.2. Eastern Europe Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Bus Rapid Transit System Market

22.1. Russia Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Bus Rapid Transit System Market

23.1. North America Bus Rapid Transit System Market Overview
23.2. North America Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Bus Rapid Transit System Market

24.1. USA Bus Rapid Transit System Market Overview
24.2. USA Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Bus Rapid Transit System Market

25.1. Canada Bus Rapid Transit System Market Overview
25.2. Canada Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Bus Rapid Transit System Market

26.1. South America Bus Rapid Transit System Market Overview
26.2. South America Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Bus Rapid Transit System Market

27.1. Brazil Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Bus Rapid Transit System Market

28.1. Middle East Bus Rapid Transit System Market Overview
28.2. Middle East Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Bus Rapid Transit System Market

29.1. Africa Bus Rapid Transit System Market Overview
29.2. Africa Bus Rapid Transit System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Bus Rapid Transit System Market, Segmentation By Level Of Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Bus Rapid Transit System Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Bus Rapid Transit System Market Competitive Landscape And Company Profiles

30.1. Bus Rapid Transit System Market Competitive Landscape
30.2. Bus Rapid Transit System Market Company Profiles
- 30.2.1. Mercedes-Benz Group AG
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Siemens AG
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. BYD Auto Co Ltd.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. AB Volvo
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Scania AB
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Bus Rapid Transit System Market Other Major And Innovative Companies

31.1. Iveco S.p.A.
31.2. Qingdao Hisense TransTech Co Ltd.
31.3. Hino Motors Ltd.
31.4. MAN SE
31.5. Transdev Group S.A.
31.6. VDL Bus & Coach BV
31.7. Xiamen King Long Motor Group Co Ltd.
31.8. Tata Motors Ltd.
31.9. Zhengzhou Yutong Group Co Ltd.
31.10. Ashok Leyland Ltd.
31.11. Zhongtong Bus Holding Co Ltd.
31.12. Solaris Bus & Coach sp. z o. o.
31.13. NFI Group Inc.
31.14. New Flyer Industries Inc.
31.15. Marcopolo S.A.

32. Global Bus Rapid Transit System Market Competitive Benchmarking

33. Global Bus Rapid Transit System Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Bus Rapid Transit System Market

35. Bus Rapid Transit System Market Future Outlook and Potential Analysis

35.1 Bus Rapid Transit System Market In 2028 - Countries Offering Most New Opportunities
35.2 Bus Rapid Transit System Market In 2028 - Segments Offering Most New Opportunities
35.3 Bus Rapid Transit System Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer