A Bus Rapid Transit (BRT) system offers faster, safer, and more cost-effective public transport network, thereby increasing the capacity and reliability of the existing networks. A BRT system can potentially improve cost efficiency, reduce congestion, and lower pollution levels. These systems are especially useful in underdeveloped and developing regions. They would play a major role in metro cities, as such regions face major traffic and pollution concerns due to higher population.
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Major benefits of BRT systems include:
- Enhanced commute experience
- Advanced ticketing systems at every station allow faster passenger boarding avoiding delays
- Offer faster, safer, and cheaper transport option
BRT lanes are also accessible by various emergency vehicles such as ambulance and fire trucks, improving their emergency response time. It also helps improve a country’s economy by creating hundreds of job opportunities while reducing the overall costs of transport operations.
Asia Pacific to Create Opportunities for BRTS
Asia Pacific is considered as the largest region across the globe that has the maximum scope for the development of BRT systems. Some of the key factors behind BRT development in this region include costly inter-city mobility, poor public transport systems, and congested highways. In addition, governments in countries such as Pakistan and India are aiming at developing their current transport networks thereby encouraging urban passengers to avoid using cars and motorcycles in order to reduce pollution levels.
For example, Pakistan recently got loan approval from the Asian Development Bank or ADB for new BRT system in Peshawar. The new system will include 2 depots, 32 bus stations, and 1 staging facility and the BRT corridor will be of 26 km. The entire track will be redesigned in line with the new system. The new BRT network will also include a couple of innovative features such as a continuous walkway and park-and-ride facilities and expects to enhance the quality of life of urban citizens.
Market Overview
According to a report on Radiant Insights, Inc.; the BRT systems market is said to register a steady and healthy growth rate from 2018 to 2025. Government bodies across the world various parts of the world are increasingly investing in the development of public transportation networks. This factor is predicted to be a key contributor toward the growth of the BRT system market. In addition, a lot of regulatory bodies like the U.S. Environmental Protection Agency (EPA) are supporting and encouraging BRT system implementation since these buses emit less pollution than conventional buses. This is also likely to boost the market growth. The prominent companies in the global market are King Long United Automotive Industry Co. Ltd.; Qingdao Hisense Communication Co. Ltd.; ZF Friedrichshafen AG; Jiangsu Huimin Traffic Facility Co. Ltd.; and The Volvo Group.
Asia Pacific to Create Opportunities for BRTS
Asia Pacific is considered as the largest region across the globe that has the maximum scope for the development of BRT systems. Some of the key factors behind BRT development in this region include costly inter-city mobility, poor public transport systems, and congested highways. In addition, governments in countries such as Pakistan and India are aiming at developing their current transport networks thereby encouraging urban passengers to avoid using cars and motorcycles in order to reduce pollution levels.
For example, Pakistan recently got loan approval from the Asian Development Bank or ADB for new BRT system in Peshawar. The new system will include 2 depots, 32 bus stations, and 1 staging facility and the BRT corridor will be of 26 km. The entire track will be redesigned in line with the new system. The new BRT network will also include a couple of innovative features such as a continuous walkway and park-and-ride facilities and expects to enhance the quality of life of urban citizens.
Market Overview
According to a report on Radiant Insights, Inc.; the BRT systems market is said to register a steady and healthy growth rate from 2018 to 2025. Government bodies across the world various parts of the world are increasingly investing in the development of public transportation networks. This factor is predicted to be a key contributor toward the growth of the BRT system market. In addition, a lot of regulatory bodies like the U.S. Environmental Protection Agency (EPA) are supporting and encouraging BRT system implementation since these buses emit less pollution than conventional buses. This is also likely to boost the market growth. The prominent companies in the global market are King Long United Automotive Industry Co. Ltd.; Qingdao Hisense Communication Co. Ltd.; ZF Friedrichshafen AG; Jiangsu Huimin Traffic Facility Co. Ltd.; and The Volvo Group.
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