| Product Code: ETC7538862 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s bus rapid transit systems (BRT) import shipments in 2024 saw significant growth, with top exporting countries being Finland, UK, Japan, Germany, and India itself. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 24.36%, indicating a robust market expansion. Notably, the growth rate from 2023 to 2024 spiked at 67.22%, reflecting the accelerating pace of import activities in this sector. The data suggests a thriving demand for BRT systems in India, driven by technological advancements and infrastructure development initiatives.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Bus Rapid Transit Systems (BRT) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume, 2021 & 2031F |
3.3 India Bus Rapid Transit Systems (BRT) Market - Industry Life Cycle |
3.4 India Bus Rapid Transit Systems (BRT) Market - Porter's Five Forces |
3.5 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume Share, By Bus Type, 2021 & 2031F |
3.6 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.7 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 India Bus Rapid Transit Systems (BRT) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population growth in India leading to congestion and the need for efficient public transportation solutions. |
4.2.2 Government initiatives and investments in infrastructure development, including the expansion of BRT systems to reduce traffic congestion and pollution. |
4.2.3 Growing awareness and focus on sustainability, encouraging the adoption of eco-friendly transportation options like BRT systems. |
4.3 Market Restraints |
4.3.1 Challenges related to land acquisition and right-of-way for BRT infrastructure development, leading to project delays. |
4.3.2 Resistance from existing transportation stakeholders such as traditional bus operators or private vehicle owners who may perceive BRT systems as competition. |
4.3.3 Funding constraints and budget limitations impacting the pace of BRT system expansion and maintenance. |
5 India Bus Rapid Transit Systems (BRT) Market Trends |
6 India Bus Rapid Transit Systems (BRT) Market, By Types |
6.1 India Bus Rapid Transit Systems (BRT) Market, By Bus Type |
6.1.1 Overview and Analysis |
6.1.2 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume, By Bus Type, 2021- 2031F |
6.1.3 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume, By Standard, 2021- 2031F |
6.1.4 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume, By Articulated, 2021- 2031F |
6.2 India Bus Rapid Transit Systems (BRT) Market, By System Type |
6.2.1 Overview and Analysis |
6.2.2 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume, By Open BRT System, 2021- 2031F |
6.2.3 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume, By Closed BRT System, 2021- 2031F |
6.2.4 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume, By Hybrid BRT System, 2021- 2031F |
6.3 India Bus Rapid Transit Systems (BRT) Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume, By Diesel, 2021- 2031F |
6.3.3 India Bus Rapid Transit Systems (BRT) Market Revenues & Volume, By Natural Gas, 2021- 2031F |
7 India Bus Rapid Transit Systems (BRT) Market Import-Export Trade Statistics |
7.1 India Bus Rapid Transit Systems (BRT) Market Export to Major Countries |
7.2 India Bus Rapid Transit Systems (BRT) Market Imports from Major Countries |
8 India Bus Rapid Transit Systems (BRT) Market Key Performance Indicators |
8.1 Average daily ridership: Monitoring the number of passengers using the BRT system daily can indicate its popularity and effectiveness in addressing transportation needs. |
8.2 Average daily travel time savings: Measuring the time saved by commuters using the BRT system compared to traditional transportation modes can showcase the system's efficiency. |
8.3 Environmental impact indicators: Tracking metrics like reduction in greenhouse gas emissions, air pollution levels, or fuel consumption due to BRT system usage can demonstrate its contribution to sustainability goals. |
9 India Bus Rapid Transit Systems (BRT) Market - Opportunity Assessment |
9.1 India Bus Rapid Transit Systems (BRT) Market Opportunity Assessment, By Bus Type, 2021 & 2031F |
9.2 India Bus Rapid Transit Systems (BRT) Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.3 India Bus Rapid Transit Systems (BRT) Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 India Bus Rapid Transit Systems (BRT) Market - Competitive Landscape |
10.1 India Bus Rapid Transit Systems (BRT) Market Revenue Share, By Companies, 2024 |
10.2 India Bus Rapid Transit Systems (BRT) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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