Transit priority control is not only an important means for improving the operating speed and reliability of public transport systems, but it is also a key measure for promoting green and sustainable urban transportation development. A review of signal intersection transit priority control strategy in a connected vehicle environment is conducive to discovering important research results on transit priority control at home and abroad and will promote further developments in urban public transport. This study analyzed and reviewed signal intersection transit priority control at four levels: traffic control sub-area divisions, transit signal priority (TSP) strategy, speed guidance strategy, and the impacts of intersection signal control on carbon emissions. In summary, the findings were the following: (1) In traffic control sub-area divisions, the existing methods were mainly based on the similarity of traffic characteristics and used clustering or search methods to divide the intersections with high similarity into the same control sub-areas. (2) The existing studies on the TSP control strategy have mainly focused on transit priority control based on fixed phase sequences or phase combinations under the condition of exclusive bus lanes. (3) Studies on speed guidance strategy were mainly based on using constant bus speeds to predict bus arrival times at intersection stop lines, and it was common to guide only based on bus speed. (4) The carbon emissions model for vehicles within the intersection mainly considered two types of vehicles, namely, fuel vehicles and pure electric vehicles. Finally, by analyzing deficiencies in the existing studies, future development directions for transit priority control are proposed.