Market Overview:
The global bus alternator market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for buses across the globe and the growing adoption of electric vehicles. The global bus alternator market is segmented on the basis of type, application, and region. On the basis of type, it is divided into silicon rectifier alternators, integral alternators, and pumping alternators. Silicon rectifier Alternators are further classified into three types: shunt field excitation (SFE), series field excitation (SFE), and permanent magnet synchronous motor (PMSM). SFE silicon rectifier Alternators held a dominant share in 2017 as they are used in small buses owing to their low cost and easy installation.
Product Definition:
A bus alternator is an electronic device that helps power the electronic systems on a bus. It is important because it helps keep the bus running smoothly and allows passengers to use things like lights, air conditioning, and radios.
Silicon Rectifier Alternator:
Silicon rectifier alternator is a type of power supply device used in electronic equipment which includes AC input and output. Silicon rectifier alternators are widely used as bus Alternator in various applications such as UPS, industrial automation systems, telecom base stations and data communication equipment among others. The growth factor for the market is high demand from end-use industries such as telecommunication & IT sector along with automotive industry which has led to the development of new innovative products by key vendors.
Integral Alternator:
An integral alternator is a type of electrical generator, which has a rotary motion from its main shaft and produces alternate current. It consists of an armature wound with wire coils that create the electrical energy by making magnetic field around it. The prime benefit of integral alternators is that there are no external power sources or batteries required to start the device working; it directly converts mechanical energy into electrical energy.
Application Insights:
In terms of revenue, the large bus segment dominated the global market with a share of over 40.0% in 2017. The growth can be attributed to increasing demand for heavy commercial vehicles in developing countries such as India and China. In addition, factors such as growing manufacturing bases of commercial vehicles in these regions coupled with high demand for long-distance buses are expected to drive industry growth over the forecast period. Medium and small busses also accounted for significant shares owing to rising industrialization and urbanization across various regions including Asia Pacific, North America, and Europe.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing demand for diesel engines in China and India on account of rising pollution caused by gas turbines. In addition, growing manufacturing sector in these countries will drive product demand further.
Europe was estimated as the second-largest regional market in 2017 owing to high production standards set by automotive manufacturers across this region. Moreover, presence of major automobile manufacturers such as Daimler AG; Mercedes Benz AG; BMW AG; Volkswagen Group GmbH; AUDI AG and Porsche Holding SE will fuel product demand over the next eight years.
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of hybrid vehicles
- Stringent emission norms by regulatory authorities
- Development of advanced technologies for bus alternators 5. Rising demand from the developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Bus Alternator Market Research Report
By Type
Silicon Rectifier Alternator, Integral Alternator, Pumping Alternator
By Application
Small Bus, Medium Bus, Large Bus
By Companies
Bosch, Valeo, Denso, Mahle, Mitsubishi Electric, Prestolite, Remy International, Hella, Hitachi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Bus Alternator Market Report Segments:
The global Bus Alternator market is segmented on the basis of:
Types
Silicon Rectifier Alternator, Integral Alternator, Pumping Alternator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Bus, Medium Bus, Large Bus
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Valeo
- Denso
- Mahle
- Mitsubishi Electric
- Prestolite
- Remy International
- Hella
- Hitachi
Highlights of The Bus Alternator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silicon Rectifier Alternator
- Integral Alternator
- Pumping Alternator
- By Application:
- Small Bus
- Medium Bus
- Large Bus
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bus Alternator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A bus alternator is a device that converts the direct current (DC) output of a battery into alternating current (AC). This allows an electric vehicle to run on household power.
Some of the key players operating in the bus alternator market are Bosch, Valeo, Denso, Mahle, Mitsubishi Electric, Prestolite, Remy International, Hella, Hitachi.
The bus alternator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bus Alternator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bus Alternator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bus Alternator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bus Alternator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bus Alternator Market Size & Forecast, 2020-2028
4.5.1 Bus Alternator Market Size and Y-o-Y Growth
4.5.2 Bus Alternator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Silicon Rectifier Alternator
5.2.2 Integral Alternator
5.2.3 Pumping Alternator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small Bus
6.2.2 Medium Bus
6.2.3 Large Bus
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bus Alternator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bus Alternator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Silicon Rectifier Alternator
9.6.2 Integral Alternator
9.6.3 Pumping Alternator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small Bus
9.10.2 Medium Bus
9.10.3 Large Bus
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Silicon Rectifier Alternator
10.6.2 Integral Alternator
10.6.3 Pumping Alternator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small Bus
10.10.2 Medium Bus
10.10.3 Large Bus
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Silicon Rectifier Alternator
11.6.2 Integral Alternator
11.6.3 Pumping Alternator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small Bus
11.10.2 Medium Bus
11.10.3 Large Bus
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Silicon Rectifier Alternator
12.6.2 Integral Alternator
12.6.3 Pumping Alternator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small Bus
12.10.2 Medium Bus
12.10.3 Large Bus
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Silicon Rectifier Alternator
13.6.2 Integral Alternator
13.6.3 Pumping Alternator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small Bus
13.10.2 Medium Bus
13.10.3 Large Bus
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bus Alternator Market: Competitive Dashboard
14.2 Global Bus Alternator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Valeo
14.3.3 Denso
14.3.4 Mahle
14.3.5 Mitsubishi Electric
14.3.6 Prestolite
14.3.7 Remy International
14.3.8 Hella
14.3.9 Hitachi
