Bus market extensively growing, its application wise demands and its suppliers market also experiencing a steady growth in India, customers are shifting to advance the vehicle and also keenly looking for new technology to improve vehicle performance and comfort. Bus transmission market is increased consumer preference for enhanced driving experience and smooth gear shifting due to hectic road congestions. In India, the stringent regulatory norms have increased the demand for better fuel-efficient vehicles with low carbon emission. Also, the presence of high number of luxury auto makers has boosted the automotive transmission market in the region. The high cost of advanced transmission systems is the major restraint of the transmission market.
Transmission system provides smooth and comfortable drive by transmitting the optimal power from engine to wheels through gear box. In automatic transmission system, depending upon the electronic system used in the transmission and design of transmission system, transmission system can significantly influence the maneuverability and fuel efficiency of vehicle. Furthermore, due to increasing traffic in major urban areas, consumers are leaning more towards advanced transmission system such as automatic transmission (AT), Automated manual transmission(AMT), continuous variable transmission (CVT), and dual clutch transmission (DCT) for smooth driving experience.
This report provides extensive analysis on bus transmission market dynamics, segmentation, demands, competition, technology & governing factors. The report provides details information and strategies of the top key players in the industry.
The report for the Bus Transmission Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.