Transmission forms a key function of vehicle powertrain. It is a type of gearbox that controls the power generated from an internal combustion engine to the wheel axel. Generally, an automotive transmission includes the entire drivetrain, which comprises components such as a gearbox, clutch, prop shaft, drive shafts, and differentials. Currently, different transmission types are used in vehicles, which include manual transmission (MT) and AT.
The latest trend gaining momentum in the market is transmission systems with higher number of gears. Automotive powertrain has the primary function to power the vehicle. A powertrain consists of engine, transmission, and other drivetrain components. As the technology progresses, many mechanical components in the transmission systems are being replaced with electric and electronic units. This has led to an overall increase in the transmission efficiency. With the fast switching through electronic circuits, the gearshifts have become faster and accurate, without any loss of tractive force. Also, the timing of the shift is continuously changed to adapt to the driving conditions. One of the major drivers for this market is increasing traffic congestion in developed and developing nations, leading to rise in public transports. Road traffic jams continue to be a major hurdle in most of the developed economies across the globe, which leads to delays, monetary loss, and fuel wastage.
In terms of geography, APAC accounted for the maximum shares of the BTS market during 2016 and is foreseen to continue the domination during the forecast period. The introduction of stringent regulations and the increased demand for public transport from the developing countries such as India and China, will drive the market’s growth in this region. Additionally, the focus of the major bus manufacturing companies to shift their manufacturing facilities to APAC due to the low-cost production, cheap labor, and favorable government policies that creates a low-cost market for transmission systems and other auto parts, will also propel the market’s growth in this region.
In 2019, the market size of Bus Transmission System (BTS) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bus Transmission System (BTS).
This report studies the global market size of Bus Transmission System (BTS), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Bus Transmission System (BTS) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
AISIN
Allison Transmission
Eaton
Voith
ZF Friedrichshafen
BorgWarner
Bosch Rexroth
Dynamic Manufacturing
GETRAG
JATCO
Magna International
Schaeffler
Market Segment by Product Type
Manual Transmission System
Automatic Transmission System
Market Segment by Application
Coach Buses
City & Intercity Buses
School Buses
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Bus Transmission System (BTS) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Bus Transmission System (BTS) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 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 Transmission System (BTS) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Bus Transmission System (BTS). Industry analysis & Market Report on Bus Transmission System (BTS) is a syndicated market report, published as Global (United States, European Union and China) Bus Transmission System (BTS) Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Bus Transmission System (BTS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.