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Bus Transmission System Market Analysis & Evolving Opportunities Studied for the Period Until 2027
To accommodate increasing requirement of buses from tourism sector, manufacturers are focusing on increasing their production capacity, 9/13/2018 - FactMR 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.

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.

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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.

Bus Transmission Market: Key Developments in Competitive Landscape

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.

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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.

Regional Segments Analyzed Include

North America (U.S., Canada)

Latin America (Mexico. Brazil)

Western Europe (Germany, Italy, France, U.K, Spain)

Eastern Europe (Poland, Russia)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)


Middle East and Africa (GCC, S. Africa, N. Africa)

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