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Bus Door System Market is estimated to be US$ 137.18 billion by 2030 with a CAGR of 20.4% during the
Posted: Sep 11, 2022
Bus door system is the system of bus doors for the convenient travel for the passengers. Bus door system is of two types one is electrical actuator system which works electrically or automatically, the doors of buses are open by means of electricity. The other type of bus door system is the pneumatical actuator system in this system the piston or diaphragm to generate the motive force to open the doors. Bus door system provides the higher level of safety from the fire explosion and blasts which is the major driving factor for the growth of global market. Additionally, high effective for the intercity traveler buses for the frequently open and close counts which is the driving factor for the growth of target market. Moreover, the simple design and high durability of the doors system is the boosting factor for the growth of target market.
Region Analysis:
In the bus door system market, North America market dominates the global market in terms of revenue over the forecast period. This can be attributed to the high rate of adoption of the advanced technologies in the market studied. Presence of key players such as Bode Sud S.p.A, in the target market is also major factor for the growth of this region.
Key Development:
- In May 2022, Masats launched a new sliding door for buses named 028d Slim model has been designed to solve the space problems in some vehicles.
- In 2020, Wabtec Corporation had merged with GE Transportation, a former business unit of GE.
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Segmentation:
The global bus door system market accounted for US$ 21.76 billion in 2020 and is estimated to be US$ 137.18 billion by 2030 and is anticipated to register a CAGR of 20.4%. The global bus door system market is segmented based on type, application, and region.
- On the basis of type, the global bus door system market is classified into electrical actuator system and pneumatical actuator system.
- Based on application, the global bus door system market is bifurcated into school bus and bus.
- On the basis of region, the target market is divided into North America, Europe, Asia-Pacific, Middle East Africa and Latin America.
Competitive Analysis:
The key players operating the global Bus Door System market involves Bode Sud S.p.A, Continental AG, Masats S.A, Rotex Automation Ltd., Schaltbou Holding, Inc., and Ventura Systems Inc
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