Global BRT market 2015-2019

In its latest report, Global Bus Rapid Transport Systems (BRT) Market 2015-2019, Research and Markets analysts have forecast that the global Bus Rapid Transit Systems (BRT) market will grow at a CAGR of 9.82 per cent over the period 2015-2019. 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.
May 15, 2015 Read time: 2 mins
In its latest report, Global Bus Rapid Transport Systems (BRT) Market 2015-2019, 7527 Research and Markets analysts have forecast that the global Bus Rapid Transit Systems (BRT) market will grow at a CAGR of 9.82 per cent over the period 2015-2019.

6865 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.

Commenting on the report, an analyst from the team said: “The global BRT systems market is expected to witness improvements in its growth rate in the future because of factors such as integration of BRT systems with intelligent systems.”

BRT systems are incorporating a variety of technologies that aid in smart transportation. Buses are increasingly being fitted with on-board communication technologies such as private radio networks, cellular technologies, wi-fi, infrared and emerging technologies such as 5670 WiMAX. RFID technologies and inductive loops are used for positioning of vehicles and for connecting to central systems. Bus lanes are fitted with street-side beacons, which are triggered by short waves as a bus passes by, generating information about the vehicle. AVL technologies are used for continuous monitoring of transit vehicles through GPS devices.

For more information on companies in this article

Related Content

  • Making the case for ALPR in enforcement
    February 2, 2012
    Federal Signal's Brian Shockley uses examples from around the world to make the case for the greater use of automatic license plate recognition technology in the US. It is time, he says, to consider the possibilities of a national network and the use of average speed enforcement
    Read More
  • Wireless - the future of vehicle detection
    July 23, 2012
    Peter Cattell of Clearview Traffic analyses different wireless communications methods and explains how these are changing the face of vehicle detection. With the continued expansion of traffic data collection solutions, providing a robust, reliable, scalable and secure method of collecting information becomes increasingly important. Over many years, various mobile wireless technologies have been utilised to make the remote collection of data a reality but recent developments are changing the way that this w
    Read More
  • Travel information is heading towards smartphones
    January 30, 2012
    Travel information services are undergoing a step change as rapid increase in sales of smartphones brings ITS technology to consumers' fingertips. A virtuous circle of expanding capability is under way in traffic and travel information services, promising much for drivers and reduction of road congestion. A recent rapid rise in sales of smartphones has boosted numbers of vehicles carrying GPS enabled devices and so brought expansion of traffic data available for analysis and dissemination. Greater numbers o
    Read More
  • Technology overcomes EV range challenges
    February 4, 2013
    According to new analysis from Frost and Sullivan, Strategic Analysis of Global Market for Range Extenders, major challenges currently faced by the electric vehicle (EV) revolve around the inability to provide long range in a single charge as well as the lengthy charging times that can vary from thirty minutes to ten hours. This has limited the number of adopters for EVs. Range extender technology overcomes these challenges, strategically positioned to make strong gains in the EV market. Currently, the mark
    Read More

Highlighted Content