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Bus Transmission System Industry Volume, Revenue, Scope, Key Drivers and Growth Rate Forecast 2025

The Bus Transmission System Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.

 

City of Industry, CA -- (SBWIRE) -- 09/19/2018 -- This study focuses on the production side and consumption side of Bus Transmission System, presents the global Bus Transmission System market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Bus Transmission System capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this report focuses on the consumption of Bus Transmission System by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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. The Bus Transmission System market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Bus Transmission System.

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This report includes the following manufacturers; we can also add the other companies as you want.

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:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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