Global Bus Rapid Transit (BRT) Systems Market Research Report 2021 - Impact of COVID-19 on the Market

Bus rapid transit is a bus-based public transport system designed to improve capacity and reliability relative to a conventional bus system. Typically, a BRT system includes roadways that are dedicated to buses, and gives priority to buses at intersections where buses may interact with other traffic; alongside design features to reduce delays caused by passengers boarding or leaving buses, or purchasing fares. BRT aims to combine the capacity and speed of a metro with the flexibility, lower cost and simplicity of a bus system.
The Bus Rapid Transit (BRT) Systems market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Bus Rapid Transit (BRT) Systems market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Bus Rapid Transit (BRT) Systems Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Bus Rapid Transit (BRT) Systems market are:
Xiamen Kinglong
ITDP
MAN Corporation
Init
Yutong Group
Qingdao Hinsense
Siemens
Volvo Group
Jiangsu Huimin Traffic Facility
Cubic
Innovation
Yutong Group
Lantianyuan Technology
Novasbus
Youngman
Rapid Transit
ZF

Most important types of Bus Rapid Transit (BRT) Systems products covered in this report are:
Open Type Exclusive Lane
Semi-Open Exclusive Lane
Other

Most widely used downstream fields of Bus Rapid Transit (BRT) Systems market covered in this report are:
Large City
Medium-Sized City

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:

Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026