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Bus Rapid Transport Systems (BRT) is an innovative, high capacity, lower cost public transit solution that can significantly improve urban mobility. This permanent, integrated system uses buses or specialized vehicles on roadways or dedicated lanes to quickly and efficiently transport passengers to their destinations, while offering the flexibility to meet transit demand. BRT systems can easily be customized to community needs and incorporate state-of-the-art, low-cost technologies that result in more passengers and less congestion.
Scope of the Report:
The bus rapid transport systems is relatively concentrated, the production of top eight manufacturers account about 80% of global production. The high-end products mainly come from Latin America and China.
In the world wide, the plants of major manufactures mainly distribute in Latin America and China, In Latin America, transnational companies, like Volvo and Volkswagen, are the leading manufactures in this area. As to China, Yutong and JINLONG have become the leader of domestic manufactures.
This industry is affected by the economy and policy, so it's important to put an eye to economic indexes and leaders' prefer. With the global economic recovery, more and more countries focus on traffic congestion especially in underdevelopment regions that have fast economic growth and potentially public transit consumption, the need of bus rapid transport systems will increase.
The worldwide market for Bus Rapid Transport Systems (BRT) is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach 2850 million US$ in 2024, from 1980 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Bus Rapid Transport Systems (BRT) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Alternate Fuel
Market Segment by Applications, can be divided into
- Used in Urban Areas
- Used in Countryside
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bus Rapid Transport Systems (BRT) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Bus Rapid Transport Systems (BRT), with price, sales, revenue and global market share of Bus Rapid Transport Systems (BRT) in 2017 and 2018.
Chapter 3, the Bus Rapid Transport Systems (BRT) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bus Rapid Transport Systems (BRT) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Bus Rapid Transport Systems (BRT) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Bus Rapid Transport Systems (BRT) sales channel, distributors, customers, research findings and conclusion, appendix and data source.