DUBLIN, April 25, 2018 /PRNewswire/ --
The "Global Bus Rapid Transport Systems (BRT) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The Global Bus Rapid Transport Systems (BRT) Market to grow at a CAGR of 9.57% during the period 2018-2022.
Global bus rapid transport systems (BRT) market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report also considers the growing preference for different types of BRT system lanes such as open, close, and hybrid systems.
Bus rapid transport systems (BRT) are sophisticated bus-based transit systems that are designed to deliver, cost-effective, efficient, and high capacity public transportation services. These systems also comprise of intelligent transport systems, right-of-way lanes, terminals, and stations.
According to the report, one driver influencing this market is the rapid urbanization across the world. Owing to the growing population and the emergence of medium-sized cities, the coming years will witness a considerable increase in demand for bus rapid transport systems.
One major trend gaining momentum in this market is the adoption of battery driven buses for BRT systems. Electric buses travel more than 40 miles on a single charge and charging stations take about 10 minutes to completely recharge a bus. The benefits of using electric buses include cleaner air, quieter operation, and reduced maintenance cost.
Further, the report states that one challenge affecting this market is the delay in the implementation of BRT system projects. Due to this delay, BRT system operations for passengers are deferred and this will result in huge losses incurred by the governments of various countries.
- Ashok Leyland
- Tata Motors
- Volvo Group
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
- Market sizing 2017
- Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY SERVICE TYPE
- Segmentation by service type
- Open BRT system - Market size and forecast 2017-2022
- Closed BRT system - Market size and forecast 2017-2022
- Hybrid BRT system - Market size and forecast 2017-2022
- Market opportunity by service type
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
- Battery driven electric buses for BRT systems
- Surge in high capacity BRT systems
- Rise of guided systems for BRT
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
For more information about this report visit https://www.researchandmarkets.com/research/q55c3d/global_bus_rapid?w=5
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SOURCE Research and Markets