Global Bus Transmission System Market Growth (Status and Outlook) 2023-2029

Global Bus Transmission System Market Growth (Status and Outlook) 2023-2029

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. 

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

This Insight Report provides a comprehensive analysis of the global Bus Transmission System 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 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 market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bus Transmission System 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.

The global Bus Transmission System 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.

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.

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

Market Segmentation:

Segmentation by type
Manual Transmission System
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.
ZF Friedrichshafen
Allison Transmission
Daimler
Voith
Eaton
AISIN SEIKI
WABCO
VE Commercial Vehicles
MAN Truck & Bus
SKF

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