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Automatic Bus Door System Market Size

  • Report ID: GMI7079
  • Published Date: Jul 2024
  • Report Format: PDF

Automatic Bus Door System Market Size

Automatic Bus Door System Market size was valued at USD 739.2 million in 2023 and is estimated to register a CAGR of around 11.6% between 2024 and 2032. The growth of the market is driven by increasing urbanization and the demand for efficient public transportation worldwide. Advances in automation technology enhance safety, reduce maintenance costs, and improve passenger experience. Additionally, stringent safety regulations and the push for modern, and accessible transit solutions drive the market expansion.

 

Moreover, the rising focus on sustainability and energy efficiency in public transport encourages the adoption of automatic bus door systems. These systems help to optimize bus operations, reduce energy consumption, and align with environmental regulations. Further, enhanced integration with smart transport infrastructure supports seamless and efficient passenger boarding and alighting, contributing to market growth.

 

For instance, in July 2024, Masats announced a major expansion of its production facilities in Sant Salvador de Guardiola, increasing the total area by 5,000 square meters to 25,000 square meters. This expansion supports the company's efforts to enhance production capacity and meet the growing demand for automatic bus door systems, aligning with the increasing market needs and trends.

 

Furthermore, the surge in government initiatives and investments in public transportation is fueled by the need to modernize infrastructure, improve urban mobility, and enhance sustainability. Increased funding and support for advanced technologies, including automation and smart systems, drive the adoption of innovative solutions. This focus on upgrading transit systems enhances efficiency, reduces environmental impact, and addresses growing urbanization challenges, leading to expanded and upgraded public transport networks.

 

The market faces a significant challenge, due to high initial costs. Implementing these advanced door systems requires substantial upfront investments in technology, infrastructure, and installation. These costs can deter transit agencies and bus operators, especially in budget-constrained environments. However, it is important to note that despite the initial expense, automatic bus door systems often offer long-term benefits, such as improved safety, efficiency, and passenger experience, which can justify the investment over time.

 

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of automatic bus door system reached USD 739.2 million in 2023 and is set to witness 11.6% CAGR between 2024 and 2032, owing to rising urbanization and strong demand for efficient public transportation worldwide.

The ICE propulsion type segment garnered 67% of the automatic bus door system industry share in 2023, owing to their improved safety, accessibility & efficiency

Asia Pacific held 23% of the market share in 2023, led by growing emphasis on incorporating advanced automatic door systems in public transportation to address high passenger volumes and enhance operational efficiency in the region.

Some of the leading automatic bus door system companies are Ventura Systems, Masats, Ebusco, Rotex Automation, Ivy Machinery (Nanjing) Co., Ltd., KBT GmbH, and SAS International.

Automatic Bus Door System Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 751
  • Countries covered: 25
  • Pages: 200
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