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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Bus Door System Market
Request Now !Buses are considered as the most common mode of public transportation in almost every country across the world. Since the evolution of the public transport systems, buses have had a strong place in mass transportation segment. In addition, by considering the rise in global population coupled with the transportation demand, the buses are witnessing progress in terms of cutting-edge designs, passenger carrying volume, integration of advanced onboard systems, and other comfort & convenient features. Further, many developments are taking place in the field of bus door system, wherein the buses are equipped with automatic doors such as twin glider door, folding door, and electric folding door that can open by itself when any object comes closer to it. The current demand for such latest doors drives the growth of the global autonomous bus door system market.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value (USD) |
Segments covered | Technology, Application, and Region |
Geographies covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of LATAM) and The Middle East and Africa |
Companies covered | Major players analyzed include Xiamen Golden Dragon Bus Co, Zhengzhou Yutong Bus Co. Ltd, Xiamen King Long United Automotive Industry Co. Ltd., Anhui Ankai Automobile Co. Ltd., Bode Sud, Continental, Masats, Rotex Automation, Schaltbou Holding, and Ventura Systems |
COVID-19 scenario analysis:
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Improved safety combined with the reduction in traffic congestion, growth in allied infrastructure, and increase in demand for fuel-efficient & low-carbon emission vehicles drive the growth of the global market. However, high industrial cost and data supervision challenges are expected to hamper the growth of the market. On the contrary, evolution of linked infrastructure creates favorable condition for the adoption of autonomous buses, which is anticipated to provide lucrative opportunity for investments in the market.
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Increase in demand for fuel-efficient and low-carbon emitting vehicles
People are shifting more toward renewable resources of energy rather than depending only on crude oil due to rise in concerns related to pollution and climate change. Various emission controlling regulations regarding low-carbon emitting buses have compelled manufacturers to take measures for reducing its fuel consumption significantly; thereby, boosting the demand for electric or automated buses. Being the most common mode of public transport, it emits more carbon dioxide then any vehicles on the road. If more of electric buses are deployed on road, they will emit no greenhouse gases and no air pollutants when compared with a diesel bus. Therefore, growing demand for fuel-efficient and low-carbon emitting buses is expected to boost the growth of the global bus door system market.
Key segments covered:
Questions answered in the global bus door system market research report:
Key Market Segments
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