Lucintel's latest study found that, The future of the global bus rapid transit system market looks promising with opportunities in the diesel and natural gas markets. The global bus rapid transit system market is expected to reach an estimated $1.3 billion by 2030 with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are growing demand for efficient public transportation, expanding global population, and rising government investments and policies supporting BRT system development.

In this market, standard and articulated are the major segments of bus rapid transit system market by bus type.

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Lucintel forecasts that standard is expected to witness the higher growth over the forecast period.

Browse in depth TOC of the Bus Rapid Transit System Market

100 - Figures

150-Pages

Bus Rapid Transit System Market is marked by presence of several big and small players. AB Volvo, Ashok Leyland, BYD, Cubic, Daimler, MAN, Marcopolo, Tata Motors, Xiamen King Long Motor, and Zhengzhou Yutong Bus are the major suppliers in the bus rapid transit system market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].