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Bus Transmission System Market Size - By Transmission (Manual, Automatic), By Drive (Front Wheel, Rear Wheel), By Fuel (Diesel, Gasoline, Hybrid, Electric), By Bus (Coach Bus, City & Intercity Bus, School Bus) & Forecast, 2024 – 2032

Publisher Global Market Insights
Published Jun 18, 2024
Length 265 Pages
SKU # GMI19085012

Description

Bus Transmission System Market Size - By Transmission (Manual, Automatic), By Drive (Front Wheel, Rear Wheel), By Fuel (Diesel, Gasoline, Hybrid, Electric), By Bus (Coach Bus, City & Intercity Bus, School Bus) & Forecast, 2024 – 2032


Bus transmission system market size is set to record over 5% CAGR during 2024-2032 driven by the increasing demand for enhanced fuel efficiency and reduced emissions in public transportation. With governments and regulatory bodies worldwide enforcing stricter environmental standards, bus manufacturers are adopting advanced transmission systems to offer better fuel economy and lower carbon footprints.

The rise in urbanization and the need for efficient public transportation solutions are also contributing to the market growth. As per Worldbank.org, currently, 56% of the population resides in urban areas. This growing urban population is urging cities to invest in modernized bus fleets equipped with advanced transmission systems to handle increased passenger volumes and operational demands. The shift towards electric and hybrid buses, which require specialized transmission systems to manage their unique powertrains, is also propelling the market growth.

The overall industry is classified into transmission, fuel, drive, bus, and region.

Based on fuel, the bus transmission system market size from the diesel segment is expected to generate notable revenue by 2032. The growth is due to continued dominance in public transportation fleets along with the demand for enhanced performance and efficiency. Diesel engines are renowned for their reliability, fuel efficiency, and high torque, which make them well-suited for heavy-duty applications.

With respect to bus, the bus transmission system market from the coach bus segment is projected to observe robust CAGR during 2024 – 2032 owing to the increasing demand for long-distance and luxury travel that requires advanced transmission systems for optimal performance. As passenger expectations are increasing for more comfortable and efficient travel experiences, coach bus operators are investing in high-performance transmission systems to meet these needs.

North America bus transmission system industry size will grow substantially between 2024 and 2032. The growth is attributed to the substantial investments in modernizing public transportation infrastructure and the shift towards cleaner and more efficient vehicle technologies. Federal and state-level initiatives are also reducing emissions and improving air quality, further accelerating the regional adoption of advanced transmission systems in buses, particularly those that support hybrid and electric powertrains.

Table of Contents

265 Pages
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates & calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Component provider
3.2.2 Manufacturer
3.2.3 Distribution channel
3.2.4 End user
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Increasing urbanization and population growth
3.8.1.2 Stringent environmental regulations aimed at reducing emissions and improving air quality
3.8.1.3 Continuous innovations in transmission technology
3.8.1.4 Government initiatives and subsidies promoting public transportation
3.8.2 Industry pitfalls & challenges
3.8.2.1 Technological and operational challenges
3.9 Growth potential analysis
3.10 Porter’s analysis
3.10.1 Supplier power
3.10.2 Buyer power
3.10.3 Threat of new entrants
3.10.4 Threat of substitutes
3.10.5 Industry rivalry
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Transmission, 2021 - 2032 ($Bn)
5.1 Key trends
5.2 Manual transmission systems
5.3 Automatic transmission systems
Chapter 6 Market Estimates & Forecast, By Drive, 2021 - 2032 ($Bn)
6.1 Key trends
6.2 Front wheel drive
6.3 Rear wheel drive
Chapter 7 Market Estimates & Forecast, By Fuel, 2021 - 2032 ($Bn)
7.1 Key trends
7.2 Diesel
7.3 Gasoline
7.4 Hybrid
7.5 Electric
Chapter 8 Market Estimates & Forecast, By Bus, 2021 - 2032 ($Bn)
8.1 Key trends
8.2 Coach bus
8.3 City & intercity bus
8.4 School bus
Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2032 ($Bn)
9.1 Key trends
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Russia
9.3.7 Nordics
9.3.8 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Australia
9.4.5 South Korea
9.4.6 Southeast Asia
9.4.7 Rest of Asia Pacific
9.5 Latin America
9.5.1 Brazil
9.5.2 Mexico
9.5.3 Argentina
9.5.4 Rest of Latin America
9.6 MEA
9.6.1 UAE
9.6.2 South Africa
9.6.3 Saudi Arabia
9.6.4 Rest of MEA
Chapter 10 Company Profiles
10.1 Aisin Seiki Co., Ltd.
10.2 Allison Transmission
10.3 BorgWarner Inc.
10.4 Cummins Inc.
10.5 Daimler AG (Mercedes-Benz Group AG)
10.6 Dana Incorporated
10.7 Denso Corporation
10.8 Eaton Corporation
10.9 Fuso
10.10 Hyundai Mobis
10.11 Jatco Ltd.
10.12 Knorr-Bremse AG
10.13 Magna International Inc.
10.14 Meritor, Inc.
10.15 Valeo SA
10.16 Voith GmbH
10.17 Volvo Group
10.18 Wabco
10.19 Weichai Holding Group Co., Ltd.
10.20 ZF Friedrichshafen AG

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