The global Bus Rapid Transit (BRT) System market, valued at USD 3.7 billion in 2025, is projected to reach USD 8.7 billion by 2034, registering a 10% CAGR. Growth is driven by urbanization, demand for sustainable transit, and innovations like electric buses and smart technologies. Key regions include Latin America and Asia-Pacific, with North America and Europe adopting BRT solutions.
Dublin, June 13, 2025 (GLOBE NEWSWIRE) -- The "Bus Rapid Transit System Market 2025-2034" has been added to ResearchAndMarkets.com's offering.
The global Bus Rapid Transit (BRT) System market is poised for significant growth, valued at USD 3.7 billion in 2025 and anticipated to reach USD 8.7 billion by 2034, registering a CAGR of 10.0%. This robust growth underscores the increasing demand for efficient and sustainable urban transportation solutions, as urbanization and traffic congestion continue to pressurize existing transit infrastructures.
The market encompasses infrastructure development, bus procurement, and system integration. Infrastructure development focuses on dedicated bus lanes and stations, while bus procurement pertains to acquiring high-capacity vehicles. System integration involves the implementation of traffic management and passenger information systems. Currently, innovation in bus design and integrated traffic management systems define market dynamics.
Geographically, the market spans urban centers worldwide, with established demand particularly strong in Latin America and the Asia-Pacific region due to swift urban development. North America and Europe are also investing heavily in BRT systems to ease urban mobility challenges.
Key Attributes:
Report Attribute | Details |
No. of Pages | 150 |
Forecast Period | 2025 - 2034 |
Estimated Market Value (USD) in 2025 | $3.7 Billion |
Forecasted Market Value (USD) by 2034 | $8.7 Billion |
Compound Annual Growth Rate | 9.9% |
Regions Covered | Global |
Key Market Insights
Market Segmentation
Regional Analysis
Companies Featured
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