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Wednesday, 6 May 2015

Global Bus Rapid Transport Systems (BRT) Market 2015-2019: Industry Trends, Share, Size Research Report

Global Bus Rapid Transport Systems (BRT) Market 2015-2019 Market Size and Share Published in 2015-04-29 Available for US$ 2500 at 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. Global BRT systems market to grow at a CAGR of 9.82% over the period 2014-2019.


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