Global Bus Rapid Transport Systems (BRT) Market Size, Status and Forecast 2021-2027

SKU ID :QYR-17694195 | Published Date: 16-Mar-2021 | No. of pages: 96
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.

Market Analysis and Insights: Global Bus Rapid Transport Systems (BRT) Market
The global Bus Rapid Transport Systems (BRT) market size is projected to reach US$ 3615 million by 2027, from US$ 2388.4 million in 2020, at a CAGR of 6.1% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Bus Rapid Transport Systems (BRT) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Bus Rapid Transport Systems (BRT) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Bus Rapid Transport Systems (BRT) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Bus Rapid Transport Systems (BRT) market.

Global Bus Rapid Transport Systems (BRT) Scope and Market Size
Bus Rapid Transport Systems (BRT) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bus Rapid Transport Systems (BRT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Diesel
Alternate Fuel
EV

Segment by Application
Urban Areas
Countryside

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Volvo
Volkswagen
Yutong
JINLONG
Macropolo
Daimler
Qingnian
Tata
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