Global Bus Rapid Transport Systems (BRT) Market Growth 2019-2024

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. 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. According to this study, over the next five years the Bus Rapid Transport Systems (BRT) market will register a 6.3% CAGR in terms of revenue, the global market size will reach ...
Table of Contents 2019-2024 Global Bus Rapid Transport Systems (BRT) Consumption Market Report 1 Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 1.3 Years Considered 1.4 Market Research Methodology 1.5 Economic Indicators 1.6 Currency Considered 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Bus Rapid Transport Systems (BRT) Consumption 2014-2024 2.1.2 Bus Rapid Transport Systems (BRT) Consumption CAGR by Region 2.2 Bus Rapid Transport Systems (BRT) Segment by Type 2.2.1 Diesel 2.2.2 Alternate Fuel 2.2.3 EV 2.3 Bus Rapid Transport Systems (BRT) Consumption by Type 2.3.1 Global Bus Rapid Transport Systems (BRT) Consumption Market Share by Type (2014-2019) 2.3.2 Global Bus Rapid Transport Systems (BRT) Revenue and Market Share by Type (2014-2019) 2.3.3 Global Bus Rapid Transport Systems (BRT) Sale Price by Type (2014-2019) 2.4 Bus Rapid Transport Syst ...
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