Global Bus Transmission System (BTS) Market Growth 2023-2029

Global Bus Transmission System (BTS) Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Bus Transmission System (BTS) Industry Forecast” looks at past sales and reviews total world Bus Transmission System (BTS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Bus Transmission System (BTS) sales for 2023 through 2029. With Bus Transmission System (BTS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bus Transmission System (BTS) industry.

This Insight Report provides a comprehensive analysis of the global Bus Transmission System (BTS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bus Transmission System (BTS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bus Transmission System (BTS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bus Transmission System (BTS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bus Transmission System (BTS).

The global Bus Transmission System (BTS) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Bus Transmission System (BTS) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Manual TransmissionsysteM
Automatic Transmission System

Segmentation by application
Coach Buses
City & Intercity Buses
School Buses

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AISIN
Allison Transmission
Eaton
Voith
ZF Friedrichshafen
BorgWarner
Bosch Rexroth
Dynamic Manufacturing
GETRAG
JATCO
Magna International
Schaeffler

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bus Transmission System (BTS) market?

What factors are driving Bus Transmission System (BTS) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bus Transmission System (BTS) market opportunities vary by end market size?

How does Bus Transmission System (BTS) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.