Bus Rapid Transit System Industry Analysis Report: Key Trends, Drivers, and Forecast Insights

 

  Bus Rapid Transit System Market Size and growth rate 2025 to 2029: Graph


For organizations targeting expansion, this report delivers actionable intelligence on how the bus rapid transit system industry is evolving.
 
 How Large Will The Bus Rapid Transit System Market Be By 2025?
 The bus rapid transit system market size has grown strongly in recent years. It will grow from $2.83 billion in 2024 to $3.08 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to increased urbanization, environmental concerns, government initiatives, fuel price fluctuations, public awareness.
 
 The bus rapid transit system market size is expected to see strong growth in the next few years. It will grow to $4.46 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to smart city initiatives, climate change mitigation goals, rise in remote working practices, government funding and policies, enhanced passenger experience. Major trends in the forecast period include integration with intelligent transportation systems, innovations in articulated buses, digital payment and ticketing systems, data analytics for BRT performance optimization, public-private partnerships (PPPs).
 
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 What Are Key Factors Driving The Demand In The Global Bus Rapid Transit System Market?
 The rising traffic congestion and air pollution are expected to boost the growth of the bus rapid transit system market going forward. Traffic congestion refers to a situation in which more vehicles are queuing up on the road, slower speeds, and longer travel times. Air pollution refers to harmful compounds or chemicals in the air, including those of biological origin, in amounts that endanger human health. Bus rapid transit system uses dedicated lanes set apart from mixed traffic to enable buses to move through cities more rapidly and avoid traffic congestion by other vehicles. It also uses clean vehicle technology like electric, hybrid, or compressed natural gas (CNG) buses that generate fewer pollutants than conventional diesel buses to lessen air pollution. For instance, in 2022, according to INRIX Inc., a US-based company that provides location-based data and software-as-a-service analytic solutions, in the United States, drivers sat in traffic for almost 4.8 billion hours in 2022, and the average American driver lost $869 in 2022 due to traffic delays, up from $305 in 2021. Furthermore, in 2023, according to the State of the Air 2023 report published by the American Lung Association, a US-based health organization, 119.6 million Americans, or approximately 36% of all Americans, continue to reside in areas that receive failing marks for harmful levels of ozone or particle pollution in 2021. Therefore, the rising traffic congestion and air pollution are driving the growth of the bus rapid transit system market.
 
 Comparative Analysis Of Leading Bus Rapid Transit System Market Segments
 The bus rapid transit systemmarket covered in this report is segmented — 
 
 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
 
 Subsegments:
 1) By Articulated: Single Articulated Buses, Double Articulated Buses 
 2) By Bi-Articulated: Three-Section Buses, Four-Section Buses 
 3) By Traditional Bus: Standard Length Buses, Low-Floor Buses 
 
 What Are The Key Trends Shaping The Bus Rapid Transit System Industry?
 Major companies operating in the bus rapid transit system market are focused on developing bus rapid transit (BRT) systems that feature platform-level boarding to enhance accessibility, reduce boarding times, and improve overall passenger flow, making public transport more efficient and user-friendly. Platform-level boarding refers to a design feature in public transport systems, particularly in bus rapid transit (BRT) systems and some rail systems, where the boarding area for passengers is at the same height as the vehicle floor. For instance, in September 2024, Metro Inc, a Canada-based company, launched Bus Rapid Transit (BRT), Buses operate on exclusive lanes that are separated from mixed traffic. This design minimizes delays caused by congestion, allowing buses to maintain consistent schedules and improve travel times. Stations are designed with platforms that align with the bus doors, facilitating easy access for all passengers, including those with disabilities. BRT vehicles can trigger green lights at intersections, which helps them bypass traffic delays and improves overall travel efficiency. 
 
 Who Are The Prominent Players In The Bus Rapid Transit System Business?
 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
 
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 https://www.thebusinessresearchcompany.com/report/bus-rapid-transit-system-global-market-report
 
 Which Region Is Expected To Lead The Bus Rapid Transit System Market By 2025?
 North America was the largest region in the bus rapid transit system market in 2024. 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
 
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