Market Overview

Global Bus Door System Market 2018-2022 | Increasing Implementation of BRT in Cities to Boost Demand | Technavio

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Technavio
analysts forecast the global bus door system market to grow at a CAGR of
close to 5% during the forecast period, according to their latest
market research report.

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Technavio has published a new market research report on the global bus door system market from 2018- ...

Technavio has published a new market research report on the global bus door system market from 2018-2022. (Graphic: Business Wire)

The emergence of all-electric buses is one of the major trends being
witnessed in the global
bus door system market 2018-2022
. The global bus market is
witnessing developments in terms of advanced designs, passenger carrying
capacity, integration of advanced onboard systems, and other comfort and
convenient functionalities. Additionally, many advances are taking place
in the field of drivetrain and powertrain, wherein the buses are
equipped with all-electric and hybrid powertrains.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global bus door system market is the increasing
implementation of BRT in cities:

Global bus door system market: Increasing
implementation of BRT in cities

The global economy is on its way toward smarter and safer cities; the
same can be witnessed due to growing infrastructure and improving
socio-economic conditions. The respective government councils and
institutions are undertaking initiatives that are acting as stepping
stones for the development of smart cities. The future of smart cities
is in step with the increased automation of systems and their
improvements across different industries.

According to a senior market research analyst at Technavio, "Economic
growth and rapid urbanization have led to robust growth in urban
infrastructure as far as major Tier-1 cities are concerned. Such cities
are witnessing the implementation of bus rapid transit system, which is
revolutionizing public transportation. BRT is a form of a bus-based
public transportation system that is designed to offer a fast,
comfortable, reliable, and cost-effective mode of public transportation."

Global bus door system market: Segmentation
analysis

The global bus door system market research report provides market
segmentation by technology (pneumatic bus door system and electric bus
door system) and by region (the Americas, EMEA, and APAC). It provides
an in-depth analysis of the prominent factors influencing the market,
including drivers, opportunities, trends, and industry-specific
challenges.

The pneumatic bus door system segment held the largest market share in
2017, accounting for nearly 72% of the market. This technology segment
is expected to dominate the global market throughout the forecast period.

APAC led the market in 2017 with a market share of nearly 81% of the
market share. The market share occupied by this region is anticipated to
increase during 2018-2022.

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Technavio's sample reports are free of charge and contain multiple
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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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