Bus has been always an important part of road transportation for public use. In many of the cities across globe, still buses are the most used mode of transportation for inter and intra city commute. The bus transmission system is a mechanism that transmits the power developed by the engine of the bus to the driving wheels. With the growing need for technological advancements and to cater the demand of growing transportation needs, the OEMs are shifting to develop automatic bus transmission systems. Currently, more than half of the world’s population resides in cities, by the end of 2050, it will be more than 66%. This will create a profound impact on people’s quality of life. Most of the bus transmission systems utilize gasoline & diesel as a fuel. Concurrently, this leads to production of CO2 and other greenhouse gases. Today’s air pollution levels in the cities are already enlightening the limits of a mobile society that depends on bus transit. Furthermore, CO2 emissions are accelerating climate change across the globe. Established players and new players are forced to limit the emissions through manufacturing efficient and eco-friendly bus transmission systems.
Public transport is one of the chief driver of economic growth. Folks in many countries rely on bus transport for inter and intra-city commute. Consequently, bus transmission system is expected experience steady growth rate in the coming years. Another factor that fuels up the bus transmission system market is growing oil and gas prices. This pushes OEMs to optimize the fuel economy in the bus transmission system.
The bus transmission system market is going through the turning points in terms of opportunities and challenges. The global bus transmission market is witnessing key challenges in various spheres especially to fulfill new emission norms and technological advancements. With the growing market of rental cars, car-pooling and e-hailing, decreasing preference of bus transportation, the market of bus transmission system is expected to get hampered.
In 2019, the market size of Bus Transmission System 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.
This report studies the global market size of Bus Transmission System, 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 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:
ZF Friedrichshafen
Allison Transmission
Daimler
Voith
Eaton
AISIN SEIKI
WABCO
VE Commercial Vehicles
MAN Truck & Bus
SKF
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 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 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 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 BusTransmissionSystem. Industry analysis & Market Report on BusTransmissionSystem is a syndicated market report, published as Global (United States, European Union and China) Bus Transmission System Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of BusTransmissionSystem market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.