openPR Logo
Press release

Bus Transmission System Market Status, Segment by Region, Type and Future Forecast Until 2027 // Top key player - Mercedes, MAN SE, Iveco, Volvo, Tata Motors, Ashok Leyland

06-13-2019 08:58 AM CET | Logistics & Transport

Press release from: Fact.MR

Bus Transmission System Market Status, Segment by Region, Type

Bus transmission systems come in handy for schools, universities, and colleges, and this factor further propels demand within the global Bus Transmission System Market. Moreover, the lower-income groups who cannot afford to buy personal vehicles also rely on bus transmission systems for their daily commutes. This is another major driver of demand within the global market for bus transmission. Public transport is preferred by people in the western countries such as America, England, France, and Germany. For this reason, the demand within the regional markets of Europe and North America has touched new heights.

Request TOC of this Report-

The global market for bus transmission system has been expanding at a robust rate on account of the voluminous amount of passengers using public transport across several regions. Bus transmission systems have acquired a level of sophistication as governments have made huge-scale investments towards enhancing the public transport system across regions. Furthermore, the depletion of natural resources including fossil fuels has necessitated the use of public transport to conserve fuels for the future generations. This has also created commendable demand within the global market for bus transmission and has given a global playfield to the market vendors. It is anticipated that the global market for bus transmission would undergo key advancements as the working population across the world increases.

Fact.MR has come up with a research report on the global bus transmission system market, highlighting drivers, restraints, opportunities, and trends impacting this landscape. The research study delivers holistic analysis on global bus transmission system market over the forecast period 2018-2027.

Prominent players participating in the manufacturing of transmission system have been profiled in this report. Additionally, analysis of key company’s product portfolio, key financials, SWOT, and key strategies to gain competitive advantages have been included in the report. Some of the leading market participants profiled in the report include Mercedes, MAN SE, Iveco, Volvo, Tata Motors, Ashok Leyland. In addition, key developments and innovations of these companies have been incorporated in this report.

Buses are the essential form of rural and urban passenger transport across the globe. Growth in population, rising focus on environmental issues, and shifting mobility patterns are changing face of public transport. They also play a crucial role in connecting various modes of urban transit. Further, buses are one of the most affordable mode of passenger transport. As developing economies around the globe focus on revamping their public transport infrastructure, it is highly likely that reliance on personal modes of commute, such as cars and two-wheelers will witness a decline. Demand for buses that are fuel-efficient, light-weight, and comfortable is likely to gain traction during the assessment period.

Browse Full Report with TOC-

Currently, tourism industry is experiencing a strong growth due to increases number of foreign and residential tourists and it is the largest end-user of transmission systems. To accommodate increasing requirement of buses from tourism sector, manufacturers are focusing on increasing their production capacity. For instance, Ashok Leyland has lined up series of investments for the year ahead which will be utilized for the development of new vehicles and to improve technology. The automotive giant has recently started construction of new production facility in Andhra Pradesh. This manufacturing facility is likely to be utilized for the manufacturing of buses and trucks.

Toyota has developed a new manual 6-speed transmission system, especially for European market. The key feature of this advanced transmission system is its lower weight and reduced size. According to Toyota, the new system is 7 kgs lighter and 24 shorter as compared to existing versions. The system is touted as one of the smallest transmission across the globe. Owing to its reduce size and weight, it is likely to offer better fuel-efficiency. This transmission system comes equipped with intelligent manual transmission controls (iMT) that ensures smooth gear shift by automatically adjusting engine revolutions when changing gears. The innovations in the development of bus transmission systems are likely to open new avenues of growth for market participants.

Government offices, private schools, various companies and hospitals provide transportation facility to their employees, students and patients. Increasing competition between private companies to provide transportation facilities to their employees will further increase demand for buses which ultimately will influence demand for transportation system. In addition, retail e-commerce packaging and transportation is gaining high traction owing to rapidly growing e-commerce industry. Transportation of goods is usually carried out through trucks. Thereby, increasing demand for trucks will positively influence the growth of transmission system market.

However, stringent government regulations regarding green environment combined with growing awareness related to use of battery-operated vehicles among people will cause manufacturing of diesel-operated vehicles. On the other hand, this trend will result in increased adoption of electric-buses, bringing opportunities for vehicle manufacturer to develop efficient and more powerful transmission system for electric-buses.

Driving on congested roads and heavy traffic continues to be a challenge for bus drivers. The challenge becomes more pronounced when drivers are using manual transmission systems. Although automatic transmission systems have reduced these challenges to an extent, high cost of such systems continues to be a barrier to widespread adoption. Further, low mileage of automatic transmission systems as compared to manual transmission systems is another key deterrent. The maintenance cost of automatic transmission systems is also higher, due to which manual transmission systems continue to be the preferred option, especially in developing countries.

Overall, the research study bus transmission system market offers in-depth analysis on the key factors that are likely to shape this landscape for the period 2018-2027. Readers can expect holistic analysis and insights on the strategies adopted by key players in this market. The insights offered in the report can help stakeholders in gaining a holistic perspective on the future of bus transmission market.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Request Brochure of this Report-

Contact Us
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Read Industry News at -

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bus Transmission System Market Status, Segment by Region, Type and Future Forecast Until 2027 // Top key player - Mercedes, MAN SE, Iveco, Volvo, Tata Motors, Ashok Leyland here

News-ID: 1773953 • Views: 526

More Releases from Fact.MR

Plastic Tray Market Showcases Future Status of Prime Manufacturers Across Major …
The new report on the global plastic tray market gives estimations of the size of the international market and the overall size and share of key regional segments during the historical assessment period of 2013 - 2017. The overall outlook for the Plastic Tray Market is likely to remain sluggish, with the plastic tray market expected to reach CAGR of 3.6% in terms of revenue during 2018-2027. The business knowledge
MRI-guided Radiation Therapy Systems Market Leading Manufacturers Expected to Mo …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global MRI-guided radiation therapy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have provided critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. Access Research Methodology Prepared By Experts - We leverage space-age industrial and digitalization tools
Marine Seats Market Growing Demand to Impact Revenue Share during 2018 2028
The new report on the marine seats market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2013 - 2017. According to the report, the marine seats market is projected to grow at 4.6% CAGR through 2028. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of
Hormone Replacement Therapy Market Displays Higher Growth Inclinations during 20 …
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global Hormone Replacement Therapy Market considering 2018-2028 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume. Request Free Sample Report - Key findings of the hormone replacement therapy market

All 5 Releases

More Releases for Bus

Global School Bus Market 2019 - Collins Industries, Starcraft Bus, Trans Tech, I …
School Bus Market The global School Bus market research report comprises of the basic insights that are relevant to the global market. The report being an all-inclusive one will be of great help to the users in order to understand not only the market trends, but also the size, forecast trends, production, share, demand, sales, and many such aspects International global School Bus market report has been replete with step by step
Global School Bus Market 2018 - Micro Bird, Starcraft Bus, Trans Tech, Van Con, …
Eminent Market Reports, recently published a detailed market research study focused on the “School Bus Market” across the global, regional and country level. The report provides 360° analysis of “School Bus Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of School Bus on
Global Bus Market 2018 - Beiqi Foton Motor, JMCG, JAC, BYD, Yangzhou Asiastar Bu …
Eminent Market Reports, recently published a detailed market research study focused on the “Bus Market” across the global, regional and country level. The report provides 360° analysis of “Bus Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Bus on the basis of
Satellite Bus
A spacecraft bus is also known as satellite bus is the universal model on which several-production satellite often based on. The spacecraft infrastructure is based on the structure of bus; typically offering payload locations. Commonly, they are mainly used for geosynchronous satellites, mostly communications satellites, but primarily are utilize in spacecraft that occupies lower orbits, specifically, includes lower Earth orbit missions. A bus-originated satellite will be used as against to
Bus Rental in Dubai
Dear respected visitors if you are visiting Dubai & you have no proper plan about transportation and hotel then you will face very big issues with your trip. You must check online and fix with a good reliable company. The mostly used bus type is 15 seater hiace van and we must go for it. 15 Seater Van For Rent By 15 seater van for rent we mean a bus of 15
Iguana Bus launches streamlined solution for bus rentals
Iguana bus, a startup company based in Barcelona, has launched their new booking engine, revolutionizing the process of renting a bus. Their online platform is the first to offer truly instant bus booking; using this service, customers can compare quotes, make reservations, and pay online in a matter of minutes using one simple tool. Iguana Bus' new product eliminates frustration for both bus providers and end users. Organizations that list