Los Angeles, CA -- (SBWIRE) -- 03/19/2019 -- 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.

The global Bus Transmission System (BTS) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

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This report focuses on Bus Transmission System (BTS) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bus Transmission System (BTS) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

AISIN

Allison Transmission

Eaton

Voith

ZF Friedrichshafen

BorgWarner

Bosch Rexroth

Dynamic Manufacturing

GETRAG

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Manual Transmission System

Automatic Transmission System

Segment by Application

Coach Buses

City & Intercity Buses

School Buses

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