Transmission forms a key function of vehicle powertrain. It is a type of gearbox that controls the power generated from an internal combustion engine to the wheel axel. Generally, an automotive transmission includes the entire drivetrain, which comprises components such as a gearbox, clutch, prop shaft, drive shafts, and differentials. Currently, different transmission types are used in vehicles, which include manual transmission (MT) and AT.
The latest trend gaining momentum in the market is transmission systems with higher number of gears. Automotive powertrain has the primary function to power the vehicle. A powertrain consists of engine, transmission, and other drivetrain components. As the technology progresses, many mechanical components in the transmission systems are being replaced with electric and electronic units. This has led to an overall increase in the transmission efficiency. With the fast switching through electronic circuits, the gearshifts have become faster and accurate, without any loss of tractive force. Also, the timing of the shift is continuously changed to adapt to the driving conditions. One of the major drivers for this market is increasing traffic congestion in developed and developing nations, leading to rise in public transports. Road traffic jams continue to be a major hurdle in most of the developed economies across the globe, which leads to delays, monetary loss, and fuel wastage.
In terms of geography, APAC accounted for the maximum shares of the BTS market during 2016 and is foreseen to continue the domination during the forecast period. The introduction of stringent regulations and the increased demand for public transport from the developing countries such as India and China, will drive the market\'s growth in this region. Additionally, the focus of the major bus manufacturing companies to shift their manufacturing facilities to APAC due to the low-cost production, cheap labor, and favorable government policies that creates a low-cost market for transmission systems and other auto parts, will also propel the market\'s growth in this region.
The Global Bus Transmission System (BTS) Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Bus Transmission System (BTS) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
AISIN
Allison Transmission
Eaton
Voith
ZF Friedrichshafen
BorgWarner
Bosch Rexroth
Dynamic Manufacturing
GETRAG
JATCO
Magna International
Schaeffler

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Manual Transmission System 
Automatic Transmission System

In Market segmentation by applications :
Coach Buses 
City & Intercity Buses 
School Buses

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Bus Transmission System (BTS) Market for the forecast period 2023-2030?
• What are the driving forces in the Bus Transmission System (BTS) Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Bus Transmission System (BTS) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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