Automotive and Transportation

Global Bus Rapid Transport Systems (BRT) Market 2015-2019

  • TEC222238
  • 68 Pages
  • April 2015
  • Automotive and Transportation
About BRT systems
BRT systems are highly sophisticated bus-based transit systems that are meant to deliver efficient, rapid, and cost-effective high capacity public transportation services. Apart from vehicles, BRT systems also comprise right-of-way lanes, on-board ITS, and stations. They use hi-tech communication technologies to track the location of vehicles and provide timely information to passengers at stations. Apart from saving on travel time, they also provide certain advantages such as reduction in emission levels, road safety, and encourage the use of public transportation. These systems are expected to evolve and shift toward using clean fuels such as biodiesel, LPG, and CNG rather than diesel.
Technavio's analysts forecast the global BRT systems market to grow at a CAGR of 9.82% over the period 2014-2019.
Covered in this report
The global BRT systems market can be divided into two segments based on the type of powertrain: diesel-based and alternative-fuel based. The key end-customers of BRT systems are state governments and municipal corporations.
Technavio's report, Global BRT Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Latin America, China, India, Europe, North America, and ROW; it also covers the global BRT systems market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key regions
China
Europe
India
Latin America
North America
ROW
Key vendors
Ashok Leyland
Daimler
Marcopolo
Volvo
Other prominent vendors
China Youngman Automobile Group
MAN Truck and Bus
New Flyer
Scania
Tata Motors
Xiamen King Long United Automotive Industry
Yutong
Market driver
Ability to provide a cost-effective public transport system
For a full, detailed list, view our report
Market challenge
Lack of political commitment
For a full, detailed list, view our report
Market trend
Integration with intelligent systems
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the Key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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