Steering is the collection of components, linkages, etc. which allows any vehicle (car, motorcycle, bicycle) to follow the desired course. An exception is the case of rail transport by which rail tracks combined together with railroad switches provide the steering function. The primary purpose of the steering system is to allow the driver to guide the vehicle.
One trend in the market is enhanced bus steering system to reduce fuel consumption. The majority of the buses on the road has a steering system with conventional power steering pumps. This type of steering system is powered by the internal combustion engine, which eventually utilizes the fuel for it. One driver in the market is growing steering assisted technologies for buses. The bus market is continuously evolving with changing market dynamics across the globe. Since 2011, the global bus market has become competitive in nature with automakers competing through their distinct product offerings. The latest technologies in safety systems are also being used as product differentiators by the OEMs or automakers in their vehicles.
APAC is expected to be the major revenue contributor to the steering angle sensor market throughout the forecast period. Factors such as increased volume of buses and the rising demand for safety and comfort in buses will increase the replacement of older buses and will drive the growth of the bus steering system market in APAC.
Global Bus Steering System market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Bus Steering System.
This industry study presents the global Bus Steering System market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Bus Steering System production, revenue and market share by manufacturers, key regions and type;
The consumption of Bus Steering System in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Robert Bosch, Daimler, etc.
The following manufacturers are covered in this report:
Robert Bosch
Daimler
JTEKT
ZF-TRW
Bus Steering System Breakdown Data by Type
Mechanical Steering System
Power Steering System
Others
Bus Steering System Breakdown Data by Application
Single-Deck Bus
Double-Deck Bus
Others
Bus Steering System Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Bus Steering System Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Bus Steering System status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Bus Steering System manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Bus Steering System :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Bus Steering System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Bus Steering System . Industry analysis & Market Report on Bus Steering System is a syndicated market report, published as Global Bus Steering System Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Bus Steering System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.