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Below are some of the key findings from the bus door system market research report
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The increasing implementation of bus rapid transit (BRT) system in cities is identified as the primary driver fueling bus door system market’s growth. Several tier-1 cities across the globe are witnessing the revolution of public transportation by implementing BRT systems. Most BRT buses feature automated operation of doors enables the driver to have full control of the bus door and enhances safety and convenience. This bus door market analysis suggests that with the growing implementation of BRTs, an increase in the use of low-floor buses featuring automated doors will drive the bus door system market in the forthcoming years.
The market is witnessing contemporary trends like the development of advanced modular door control systems. These control modules can control multiple doors with high compatibility and can be connected to the bus through CAN-bus and offer advanced integrated functions. Vendors like WABCO are developing modular door control for buses which are compatible with pneumatic and electrically driven doors. Our bus door system market forecast predicts that fueled by these factors, the bus door system market will grow at a CAGR of almost 5% during the forecast period.
The bus door system market is moderately concentrated with companies offering a diverse portfolio of products. The market is in its late growth phase and will continue to grow during the forecast period. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this bus door system industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period.
The pneumatic bus door system segment will dominate the bus door system market share while electric bus door system technology will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various technologies to the growth of the bus door system market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
PART 08: MARKET SEGMENTATION BY DOOR TYPE
PART 09: MARKET SEGMENTATION BY BUS TYPE
PART 10: CUSTOMER LANDSCAPE
PART 11: REGIONAL LANDSCAPE
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
PART 15: VENDOR LANDSCAPE
PART 16: VENDOR ANALYSIS
PART 17: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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