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Global Bus Rapid Transport Systems (BRT) Market 2018-2022

  • Published: Mar 2018
  • Pages: 138
  • SKU: IRTNTR20324
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The bus rapid transport systems market size will grow by USD 46 billion till the end of the forecast period. This report provides an analysis of the market by service type (open BRT system, closed BRT system, and hybrid BRT system) and by geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several companies including Ashok Leyland, Daimler, MAN, Marcopolo, Tata Motors, and Volvo Group.

The infographic below contains key findings from our analysis of the bus rapid transport systems market 

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Overview of the global bus rapid transport systems (BRT) market

The rapid urbanization globally will be one of the primary bus rapid transport systems market drivers. Due to the 50% global population residing in urban areas, the urban population is increasingly higher than the rural population. Several developed and developing regions are witnessing rapid urbanization. Tokyo is the most populated with 36 million residents, followed by Delhi with 24 million residents, Shanghai with more than 22 million, and Mumbai and Sao Paulo with more than 20 million residents.  Medium cities globally are witnessing extensive growing rate of urbanization. The bus rapid transport systems market report predicts the market to grow steadily at a CAGR of almost 10% by 2022. 

The growing capacity of BRT systems will drive the bus rapid transport systems market growth throughout the forecast period. Metropolitan cities such as Mexico City, New York, Tokyo-Yokohama, Mumbai, Sao Paulo, and Seoul, are highly populated with 20-40 million residents. In such busy cities, transportation challenges can be solved only by public transportations. Consumers are focused on easy transportation and mobility. Consequently, this gives rise to vehicles that can transport huge number of passengers within the city.

Companies covered   

The bus rapid transport systems (BRT) market is characterized by numerous vendors. This market report studies the competitive environment of the bus rapid transit market containing numerous key vendors offering diverse product portfolio. Technavio’s analysts also analyze the key focus areas and the strategies adopted by brt transport providers to sustain profitably in the bus rapid transport systems (BRT) market.   

This bus rapid transport systems market research provides an analysis of the various companies in this market including:

  • Ashok Leyland
  • Daimler
  • MAN
  • Marcopolo
  • Tata Motors
  • Volvo Group

 

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Geographical segmentation and analysis of the bus rapid transport systems (BRT) market

  • Americas
  • APAC
  • EMEA

The Americas will be the major bus rapid transport systems market revenue contributor throughout the forecast period. Due to the high adoption rates of the BRT systems throughout the lifecycle will drive the growth of the BRT systems market.

 

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Key questions answered in the report include

  • What will the market size and the growth rate be of the global bus rapid transport systems (BRT) market in 2022?
  • What are the key factors driving the global bus rapid transport systems (BRT) market?
  • What are the key market trends impacting the growth of the global bus rapid transport systems (BRT) market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global bus rapid transport systems (BRT) market?
  • What are the market opportunities and threats faced by the vendors in the global bus rapid transport systems (BRT) market?
  • Trending factors influencing the market shares of the global bus rapid transport systems (BRT) market in Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global bus rapid transport systems (BRT) market?
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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline

PART 05: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 06: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 07: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

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
  • Americas – Market size and forecast 2017-2022
  • APAC – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market 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

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Ashok Leyland
  • Daimler
  • MAN
  • Marcopolo
  • Tata Motors
  • Volvo Group

PART 16: APPENDIX

  • List of abbreviations 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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