Market Overview:
The global bus transmission system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for buses across the globe, coupled with the rising adoption of automatic transmission systems in buses. Asia Pacific is expected to be the fastest-growing region during the forecast period, owing to the growing population and rising income levels in countries such as China and India. The global bus transmission system market can be segmented on the basis of type into manual transmission system and automatic transmission system.
Product Definition:
A bus transmission system is a type of computer network that connects multiple processors and devices to share data. This type of network is often used in high-performance computing systems, where the transfer of large amounts of data is essential. The importance of bus transmission systems lies in their ability to quickly and efficiently move data between devices.
Manual Transmission System:
Manual transmission system is a gear-driven mechanism for transmitting torque from an engine to drive the vehicle's wheels. It is one of the most basic and widely used methods of power transmission in several applications including automobiles, heavy machinery, construction equipment, tractors and trucks among others.
Automatic Transmission System:
Automatic transmission system is a mechanical device that controls and monitors the movement of vehicle's drive train. It makes use of torque convertor which changes rotary motion to linear one. The system comprises clutch, gearbox, torque convertor and engine oil pressure control mechanism among others. This mechanism allows smooth shifting between gears without driver intervention or any physical manipulation from driver side.
Application Insights:
The city & intercity buses segment dominated the global bus transmission system market in 2017. This is attributed to the growing urbanization and increasing number of travelers opting for inter-state trips by opting for long-distance travel by bus over traveling by other modes of transport such as rail or air. Moreover, factors such as favorable government policies and tax rebates offered on purchasing a new vehicle are expected to drive the demand further.
The school buses segment is expected to witness significant growth over the forecast period owing to rising investments in education infrastructure coupled with an increase in spending on education related products and services across various regions globally. For instance, China¢â‚¬â„¢s investment of USD 142 billion from 2014 - 2020 in its educational sector was one of the highest investments made by any country globally during that period which indicates a positive outlook for school buses across China over next six years which will result into increased production thus fueling demand globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the next eight years. The growth of this region can be attributed to increasing number of school buses as well as city buses in countries such as India, China, and Japan. Moreover, rising demand for luxury coaches among middle-class population groups is also contributing toward regional growth.
Europe accounted for a significant share owing to high adoption rate of these systems across major economies including Germany, France, Italy, U.K., and Russia among others.
Growth Factors:
- Increasing demand for public transportation: The increasing population and the subsequent increase in the number of vehicles on the road has resulted in traffic congestion and pollution. This has led to an increased demand for public transportation, which is expected to drive the bus transmission system market.
- Government initiatives for promoting electric buses: Governments across different countries are taking initiatives to promote electric buses as a more environment-friendly option as compared to traditional diesel or gasoline buses. This is expected to drive the bus transmission system market growth during the forecast period.
- Technological advancements: Bus transmission systems are witnessing technological advancements with respect to design, performance, and efficiency that are helping OEMs offer better products in terms of fuel economy and emissions control capabilities. This is likely to propel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bus Transmission System Market Research Report
By Type
Manual Transmission System, Automatic Transmission System
By Application
Coach Buses, City & Intercity Buses, School Buses
By Companies
ZF Friedrichshafen, Allison Transmission, Daimler, Voith, Eaton, AISIN SEIKI, WABCO, VE Commercial Vehicles, MAN Truck & Bus, SKF
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Bus Transmission System Market Report Segments:
The global Bus Transmission System market is segmented on the basis of:
Types
Manual Transmission System, Automatic Transmission System
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
Coach Buses, City & Intercity Buses, School Buses
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:
- ZF Friedrichshafen
- Allison Transmission
- Daimler
- Voith
- Eaton
- AISIN SEIKI
- WABCO
- VE Commercial Vehicles
- MAN Truck & Bus
- SKF
Highlights of The Bus Transmission System 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:
- Manual Transmission System
- Automatic Transmission System
- By Application:
- Coach Buses
- City & Intercity Buses
- School Buses
- 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 Transmission System 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 transmission system is a type of transportation infrastructure that allows buses to move passengers between different points. This type of system typically uses dedicated lanes or streets, which allow buses to travel quickly and without interference from other vehicles.
Some of the major players in the bus transmission system market are ZF Friedrichshafen, Allison Transmission, Daimler, Voith, Eaton, AISIN SEIKI, WABCO, VE Commercial Vehicles, MAN Truck & Bus, SKF.
The bus transmission system 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 Transmission System 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 Transmission System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bus Transmission System 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 Transmission System 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 Transmission System Market Size & Forecast, 2018-2028
4.5.1 Bus Transmission System Market Size and Y-o-Y Growth
4.5.2 Bus Transmission System Market Absolute $ Opportunity
Chapter 5 Global Bus Transmission System 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 Bus Transmission System Market Size Forecast by Type
5.2.1 Manual Transmission System
5.2.2 Automatic Transmission System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bus Transmission System 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 Bus Transmission System Market Size Forecast by Applications
6.2.1 Coach Buses
6.2.2 City & Intercity Buses
6.2.3 School Buses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bus Transmission System 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 Transmission System 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 Bus Transmission System Analysis and Forecast
9.1 Introduction
9.2 North America Bus Transmission System 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 Bus Transmission System Market Size Forecast by Type
9.6.1 Manual Transmission System
9.6.2 Automatic Transmission System
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 Bus Transmission System Market Size Forecast by Applications
9.10.1 Coach Buses
9.10.2 City & Intercity Buses
9.10.3 School Buses
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 Bus Transmission System Analysis and Forecast
10.1 Introduction
10.2 Europe Bus Transmission System 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 Bus Transmission System Market Size Forecast by Type
10.6.1 Manual Transmission System
10.6.2 Automatic Transmission System
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 Bus Transmission System Market Size Forecast by Applications
10.10.1 Coach Buses
10.10.2 City & Intercity Buses
10.10.3 School Buses
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 Bus Transmission System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bus Transmission System 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 Bus Transmission System Market Size Forecast by Type
11.6.1 Manual Transmission System
11.6.2 Automatic Transmission System
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 Bus Transmission System Market Size Forecast by Applications
11.10.1 Coach Buses
11.10.2 City & Intercity Buses
11.10.3 School Buses
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 Bus Transmission System Analysis and Forecast
12.1 Introduction
12.2 Latin America Bus Transmission System 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 Bus Transmission System Market Size Forecast by Type
12.6.1 Manual Transmission System
12.6.2 Automatic Transmission System
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 Bus Transmission System Market Size Forecast by Applications
12.10.1 Coach Buses
12.10.2 City & Intercity Buses
12.10.3 School Buses
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) Bus Transmission System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bus Transmission System 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) Bus Transmission System Market Size Forecast by Type
13.6.1 Manual Transmission System
13.6.2 Automatic Transmission System
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) Bus Transmission System Market Size Forecast by Applications
13.10.1 Coach Buses
13.10.2 City & Intercity Buses
13.10.3 School Buses
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 Transmission System Market: Competitive Dashboard
14.2 Global Bus Transmission System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZF Friedrichshafen
14.3.2 Allison Transmission
14.3.3 Daimler
14.3.4 Voith
14.3.5 Eaton
14.3.6 AISIN SEIKI
14.3.7 WABCO
14.3.8 VE Commercial Vehicles
14.3.9 MAN Truck & Bus
14.3.10 SKF
