Bus Steering System Market showing footprints for Strong Annual Sales

(HTF Market Intelligence via Comtex)

Bus Steering System enables a bus or coach to manoeuvre through busy cities and narrow streets. Technological advancements has led to steering systems that increase the safety factor and reduce strain caused to the driver due to mechanical steering. Today, 54 per cent of the world's population lives in urban areas, a proportion that is expected to increase to 66 per cent by 2050, bringing with it the challenges of sustainable urban mobility within the mass public transport system to support economic growth and with improved transport modes come the environmental challenges.

Advance Market Analytics released the research report of Global Bus Steering System Market, offers a detailed overview of the factors influencing the global business scope. Bus Steering System Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Bus Steering System. This Report covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are Robert Bosch (Germany), Daimler AG (Germany), JTEKT (Japan), ZF Friedrichshafen (Germany), V.S.E. Vehicle Systems Engineering B.V. (Netherlands), Denso (Japan), ThyssenKrupp (Germany), Hyundai Mobis (South Korea), Geely (South Korea) and WABCO (France).

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Market Drivers

  • Growing Steering Assisted Technologies for Buses

Market Trend

  • Enhanced Bus Steering System to Reduce Fuel Consumption


  • Rising Volume of Buses Due To Urbanization


  • Increasing Cost Pressure from Demand Side

Overview of the Report of Bus Steering System

The report also covers segments and Market Data Break down, including: Types, Applications, Additional Segments and major players. If you are involved in the Global Bus Steering System industry or aim to be, then this study will provide you inclusive point of view. This study analyzes the market share, growth rate, market drivers, future trends, restraints, opportunities and challenges.

Furthermore, the years considered for the study are as follows:

Historical year - 2013-2017

Base year - 2018

Forecast period** - 2019 to 2025 [** unless otherwise stated]

**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.

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The Global Bus Steering System is segmented by following Product Types: Manual {Rack & Pinion, Worm & Roller, Recirculating Ball & Nut}, Power {Hydraulic, Electrical}

Major applications/end-users industry are: Mini size Bus, Midsize Bus, Large size Bus

System Components: Steering Wheel, Steering Gear, Pitman Arm, Fluid Reservoir, Pump

Power Steering Pump Type: Vane, Slipper, Rollers

Top Players in the Market are: Robert Bosch (Germany), Daimler AG (Germany), JTEKT (Japan), ZF Friedrichshafen (Germany), V.S.E. Vehicle Systems Engineering B.V. (Netherlands), Denso (Japan), ThyssenKrupp (Germany), Hyundai Mobis (South Korea), Geely (South Korea) and WABCO (France)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

The study objectives of this report are:

  • To analyze Bus Steering System status, future forecast, growth opportunity, key market and key players.
  • To present the Global Bus Steering System development in United States, Europe and Asia Pacific.
  • To strategically profile the key players and comprehensively analyze their development plan and strategies.
  • To define, describe and forecast the market by product type, market and key regions.

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Extracts from TOC

1 Study Coverage

Industry Definition


2 Executive Summary

Global Bus Steering System Market Size (2014-2025) by Revenue, Production*, Growth rate

Analysis of Competitive Landscape - Insights on Market Development Scenario

3 Market Size by Manufacturers [Market Share, Global Rank etc]

4 Global Bus Steering System Production, Consumption by Regions (2014-2025)

5 Market Size by Type

Global Bus Steering System Revenue by Type

Global Bus Steering System Volume by Type

Global Bus Steering System Price by Type

6 Market Size by Application (2014-2025)

Global Bus Steering System Breakdown Data by Revenue, Volume

7 Manufacturers Profiles

8 Value Chain and Sales Channels Analysis

Data Sources & Methodology

The primary sources involves the industry experts from the Global Bus Steering System Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources - Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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