Bus Rapid Transit Vehicles Market, By Type, By Propulsion Type, By Passenger Capacity, By Application, By Country, and By Region - Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032
Xiamen King Long United Automotive Industry Co., Ltd.
Yutong Bus Co., Ltd.
Others
Á¦13Àå AnalystViewÀÇ Àü¹æÀ§Àû ºÐ¼®
ksm
¿µ¹® ¸ñÂ÷
¿µ¹®¸ñÂ÷
REPORT HIGHLIGHT
Bus Rapid Transit Vehicles Market size was valued at US$ 37,498.43 Million in 2024, expanding at a CAGR of 7.90% from 2025 to 2032.
The Bus Rapid Transit (BRT) vehicles market focuses on high-capacity buses that operate in dedicated lanes to provide faster, more efficient urban public transportation. BRT systems are gaining popularity due to their cost-effectiveness, environmental benefits, and ability to reduce traffic congestion. Rising urbanization, environmental concerns, and government initiatives pushing for clean transportation solutions contribute to this growth. However, challenges include high initial infrastructure costs, limited adoption in certain regions, and the complexity of integrating BRT systems into existing transport networks. Opportunities lie in the increasing demand for eco-friendly public transport, growing investments in smart city initiatives, and technological advancements like electric and autonomous buses, which offer enhanced efficiency and sustainability. Additionally, with an increasing focus on reducing carbon emissions, BRT vehicles are positioned as a viable alternative to traditional transit methods.
Bus Rapid Transit Vehicles Market- Market Dynamics
Growing Demand for Sustainable Urban Mobility Solutions Drives the BRT Vehicles
The growing demand for sustainable urban mobility solutions is significantly driving the Bus Rapid Transit (BRT) vehicles market. Cities like Bogota, Colombia, and Curitiba, Brazil, have demonstrated the effectiveness of BRT systems in reducing traffic congestion and lowering emissions. The World Resources Institute reported that BRT systems can reduce urban transport-related CO2 emissions by up to 30%, highlighting their environmental benefits. As cities worldwide seek to combat air pollution and overcrowding, many are turning to BRT as a cost-effective, sustainable solution. In 2023, the U.S. Department of Transportation announced a $100 million investment in BRT infrastructure to support greener transportation networks. With a growing emphasis on sustainable transportation and government initiatives pushing for cleaner alternatives, the BRT vehicles market is expected to continue expanding as part of the broader push for smart, eco-friendly urban mobility. Additionally, innovations in electric and hybrid BRT vehicles are further fueling this trend, offering a more environmentally friendly alternative to traditional buses.
Bus Rapid Transit Vehicles Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 7.90% over the forecast period (2025-2032)
Based on Type segmentation, Double-Articulated Bus was predicted to show maximum market share in the year 2024
Based on Propulsion Type segmentation, Electric BRT Vehicles were the leading Propulsion Type in 2024
Based on Passenger Capacity segmentation, 50-100 Passengers was the leading Passenger Capacity in 2024
On the basis of region, Latin America was the leading revenue generator in 2024
Bus Rapid Transit Vehicles Market- Segmentation Analysis:
The Global Bus Rapid Transit Vehicles Market is segmented on the basis of Type, Propulsion Type, Passenger Capacity, Application, and Region.
The market is divided into three categories based on Type: Single-Articulated Bus, Double-Articulated Bus, and Bi-Articulated Bus. Double-articulated buses dominate the market due to their higher passenger capacity and efficiency in handling large urban populations. Single-articulated buses follow, offering flexibility for smaller routes. Bi-articulated buses, while ideal for very high-capacity corridors, are less commonly used due to their complexity.
The market is divided into four categories based on Propulsion Type: Diesel BRT Vehicles, Hybrid BRT Vehicles, Electric BRT Vehicles, and CNG/LNG BRT Vehicles. Electric BRT vehicles lead the market, driven by sustainability goals and environmental benefits. Hybrid BRT vehicles follow, offering a balance of efficiency and lower emissions. Diesel and CNG/LNG BRT vehicles are still in use, though their market share is gradually declining.
Bus Rapid Transit Vehicles Market- Geographical Insights
The Bus Rapid Transit (BRT) vehicles market is experiencing significant growth across several regions, with notable developments in both developed and emerging markets. In Latin America, cities like Bogota and Curitiba have pioneered BRT systems, establishing the region as a global leader. These cities demonstrate the efficiency of BRT in reducing traffic congestion and pollution, leading to the continued expansion of BRT networks throughout the region. In Asia-Pacific, countries like China, India, and Indonesia are rapidly adopting BRT solutions as part of their efforts to modernize public transportation and address growing urbanization. Jakarta's TransJakarta system and India's Ahmedabad BRT are prime examples of successful implementations. In North America, the U.S. and Canada are investing in BRT infrastructure to enhance public transport and reduce emissions, with cities such as Los Angeles and Toronto adding new routes. Europe is also seeing an increasing number of BRT systems in cities like Istanbul and London, driven by the region's strong commitment to sustainable urban mobility. The Middle East, with cities like Doha and Dubai, is gradually embracing BRT to complement their smart city initiatives.
Bus Rapid Transit Vehicles Market- Competitive Landscape:
The Bus Rapid Transit (BRT) vehicles market is highly competitive, with key players focused on offering advanced, cost-efficient, and environmentally friendly solutions. Manufacturers like Volvo, Mercedes-Benz, and Scania are prominent in the market, providing a range of buses tailored for BRT systems. Volvo's 9700 and Mercedes-Benz's Citaro are commonly used for BRT implementations, known for their fuel efficiency, comfort, and robust designs. Scania's partnership with cities in Europe and Latin America has strengthened its presence, with its hybrid and electric buses becoming increasingly popular. Additionally, Chinese manufacturers such as BYD are gaining market share, particularly with electric BRT buses, as China leads the global shift toward electric mobility. Collaborations between public transport authorities, technology firms, and vehicle manufacturers are driving innovation in the sector, focusing on smart mobility solutions and vehicle electrification. The growing emphasis on sustainable transport is pushing companies to adopt eco-friendly technologies like electric and hybrid buses. Regional players and smaller manufacturers are also entering the market to cater to specific local needs, enhancing competition.
Recent Developments:
In May 2021, Keolis launched a 100% electric Bus Rapid Transit (BRT) line on the Basque Coast. The BRT line uses Irizar electric buses and prioritizes sustainable mobility, with dedicated lanes and priority at intersections. It also promotes car sharing to reduce traffic and emissions.
In April 2024, Casablanca launched its Bus Rapid Transit (BRT) network in early March 2024, featuring 40 Mercedes-Benz CapaCity L buses. These 21-meter buses operate on dedicated lanes, improving urban mobility and reducing CO2 emissions. The BRT system has two routes spanning 24.5 kilometers with 42 stops, serving around 300,000 residents.
In December 2024, TransJakarta launched 200 electric buses, operating on Corridor 2 (Pulo Gadung-Monas) and other routes. This initiative, a collaboration with several operators, aims for 100% electrification by 2030 and contributes to Indonesia's net-zero emission goal by 2050. Passengers have responded positively to the new electric buses.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL BUS RAPID TRANSIT VEHICLES MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
AB Volvo
Alexander Dennis Limited
Ashok Leyland Ltd.
BYD Company Limited
Daimler Truck AG
Iveco S.p.A.
MAN Truck & Bus SE
Marcopolo S.A.
New Flyer Industries Inc.
Scania AB
Solaris Bus & Coach S.A.
Tata Motors Limited
Van Hool NV
VDL Bus & Coach BV
Xiamen King Long United Automotive Industry Co., Ltd.
Yutong Bus Co., Ltd.
Others
GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY TYPE- MARKET ANALYSIS, 2019 - 2032
Single-Articulated Bus
Double-Articulated Bus
Bi-Articulated Bus
GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY PROPULSION TYPE- MARKET ANALYSIS, 2019 - 2032
Diesel BRT Vehicles
Hybrid BRT Vehicles
Electric BRT Vehicles
CNG/LNG BRT Vehicles
GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY PASSENGER CAPACITY- MARKET ANALYSIS, 2019 - 2032
<50 Passengers
50-100 Passengers
100 Passengers
GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Urban Transport
Intercity Transport
Airport Shuttle Services
GLOBAL BUS RAPID TRANSIT VEHICLES MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Sweden
Russia
Poland
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Thailand
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1. Bus Rapid Transit Vehicles Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Bus Rapid Transit Vehicles Market Snippet by Type
2.1.2. Bus Rapid Transit Vehicles Market Snippet by Propulsion Type
2.1.3. Bus Rapid Transit Vehicles Market Snippet by Passenger Capacity
2.1.4. Bus Rapid Transit Vehicles Market Snippet by Application
2.1.5. Bus Rapid Transit Vehicles Market Snippet by Country
2.1.6. Bus Rapid Transit Vehicles Market Snippet by Region
2.2. Competitive Insights
3. Bus Rapid Transit Vehicles Key Market Trends
3.1. Bus Rapid Transit Vehicles Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Bus Rapid Transit Vehicles Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Bus Rapid Transit Vehicles Market Opportunities
3.4. Bus Rapid Transit Vehicles Market Future Trends
4. Bus Rapid Transit Vehicles Industry Study
4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Bus Rapid Transit Vehicles Market: Impact of Escalating Geopolitical Tensions
5.1. Impact of COVID-19 Pandemic
5.2. Impact of Russia-Ukraine War
5.3. Impact of Middle East Conflicts
6. Bus Rapid Transit Vehicles Market Landscape
6.1. Bus Rapid Transit Vehicles Market Share Analysis, 2024
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players' Analysis
6.2.2. Emerging Players' Analysis
7. Bus Rapid Transit Vehicles Market - By Type
7.1. Overview
7.1.1. Segment Share Analysis, By Type, 2024 & 2032 (%)
7.1.2. Single-Articulated Bus
7.1.3. Double-Articulated Bus
7.1.4. Bi-Articulated Bus
8. Bus Rapid Transit Vehicles Market - By Propulsion Type