Global Bus Rapid Transit Systems Market to Reach $2.2 Billion by 2030
The global market for Bus Rapid Transit Systems estimated at US$970 Million in the year 2022, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 10.5% over the analysis period 2022-2030. Articulated, one of the segments analyzed in the report, is projected to record 11.5% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Standard segment is readjusted to a revised 9% CAGR for the next 8-year period.The U.S. Market is Estimated at $264.3 Million, While China is Forecast to Grow at 15.8% CAGR
The Bus Rapid Transit Systems market in the U.S. is estimated at US$264.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$526.3 Million by the year 2030 trailing a CAGR of 15.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 9.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR.Select Competitors (Total 33 Featured) -
- Amcor Ltd.
- Anhui Ankai Automobile Co., Ltd.
- Ashok Leyland Ltd.
- Blue Bird Corporation
- Daimler AG
- Designline Bus Pacific Ltd.
- GILLIG LLC
- Graphic Packaging Holding Company
- Mayr-Melnhof Karton AG
- NABI Bus, LLC
- New Flyer Industries, Inc.
- Nova Bus, Inc.
- Optare Group Ltd.
- Scania AB
- Tata Motors Ltd.
- Volvo Bus Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amcor Ltd.
- Anhui Ankai Automobile Co., Ltd.
- Ashok Leyland Ltd.
- Blue Bird Corporation
- Daimler AG
- Designline Bus Pacific Ltd.
- GILLIG LLC
- Graphic Packaging Holding Company
- Mayr-Melnhof Karton AG
- NABI Bus, LLC
- New Flyer Industries, Inc.
- Nova Bus, Inc.
- Optare Group Ltd.
- Scania AB
- Tata Motors Ltd.
- Volvo Bus Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 178 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 873.3 Million |
Forecasted Market Value ( USD | $ 1600 Million |
Compound Annual Growth Rate | 9.0% |
Regions Covered | Global |