Bus Air Compressor Market Specifications, Market Trends And Analysis Report 2021-2031

 

Bus Air Compressor: Introduction

  • The source of the compressed air is the compressor, which draws air from the atmosphere and compresses (pressurizes) it. The compressed air is subsequently pumped through an airline to a supply reservoir. The compressor is mounted on the engine of the bus.
  • The air compressor pumps air into the air storage tanks (reservoirs). The air compressor is connected to the engine through gears or a v-belt. The compressor may be air cooled or may be cooled by the engine cooling system. It may have its own oil supply or be lubricated by engine oil. Air compressors generate the pressurized air used in the braking system, air suspension, and other air-based applications in a bus.

Key Drivers of Global Bus Air Compressor Market:

  • Buses play an important role in cities, worldwide, ensuring passengers travel between destinations in comfort and safety. At the same time, the costs associated with fuel for buses and bus maintenance and repairs may cause issues for public transportation providers. These costs may even lead some public transportation providers to increase passenger fees as well. However, a new air compressor innovation may make it simple for bus drivers to conserve energy any time they hit the brakes.
  • Once a bus driver hits the brakes and the bus begins to slow down, the force of the vehicle braking would power the engine’s pistons with the help of air hybrid braking system. Then, the compressed air created from braking would be stored in an air storage tank on the vehicle and used to help power the vehicle. Hybrid vehicles are gaining popularity, worldwide, and buses that have the ability to generate energy and store it as compressed air could offer numerous benefits for public transportation providers and passengers alike. All these factors are anticipated to boost the bus air compressor market across the globe.
  • Demand for air conditioning is increasing owing to a rise in the demand for comfort in commercial vehicles, such as buses and coaches, while driving. Moreover, an increase in temperature in the vehicle cabin increases the discomfort for driver and passengers within the vehicle while traveling, which further propels the demand for air conditioning in vehicles. Therefore, a rise in the demand for AC increases the demand for compressors in vehicles.
  • Air conditioning systems have become an essential feature of all types of vehicles including passenger cars, heavy commercial vehicles, and light commercial vehicles. Furthermore, compressors remove heat and provide cooling inside vehicles, which in turn is projected to boost the bus air compressor market in the near future.
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Electric Air Compressor to Offer Attractive Opportunities:

  • Manufacturers of bus compressors are constantly improving fuel efficiency of their compressors in an attempt to minimize air pollution and prevent global warming. Design improvement is likely to propel the need for lightweight and compact solutions. Various manufacturers are developing compressors in order to cater to this demand and offer a variable output displacement as per the external variables such as driving speed, sunlight, and surrounding temperature.
  • The traditional belt-driven air compressor increases the workload of the engine, which in turn reduces the performance and efficiency of the vehicle, thus resulting in higher emissions. These concerns prompted people and automobile manufacturers to adopt fuel efficient and environmental solutions. Thus, an increase in the demand for fuel-efficient and environment-friendly solutions is propelling the demand for electric air compressor. This, in turn, offers opportunity for the bus air compressor market across the globe.

High cost and higher initial investment in R&D to Hamper Market:

  • Design, manufacture, and assembly of a bus compressor needs considerable precision, advanced R&D facilities, and more advanced technology. Furthermore, it requires technical expertise and high investment. Advancements in material, components, and systems boost the price of the air compressor. Maintenance issues, technical restraints, and high prices of luxury vehicles are expected to act as minor restraints for the market during the forecast period.
  • A major retraining factor for bus compressor market is the manufacture of electric air compressor. Several professionals working at automobile repair shops are not acquainted with this new system. Moreover, electric air compressors require additional heavy duty electrical wiring. This increases the complexity in repair and maintenance of these systems and overall cost. These concerns related to costs are restraining the bus air compressor market across the globe.

North America to Hold Significant Share of Global Bus Air Compressor Market:

  • North America accounted for a major share of the global bus air compressor market. North America has major presence of developed countries that are home to advanced research and development facilities for bus air compressor, which is likely to enhance the use of compressors across the region. The U.S. dominates the bus air compressor market in North America. Expansion of the market in the region is attributed to an increase in usage of air compressor due to a rise in the number of passenger and commercial vehicles in the U.S. and Canada. This, in turn, boosts the bus air compressor market in the region.

Key Players Operating in Global Market:

The global bus air compressor market is highly fragmented with top manufacturers across the market. A few key players operating and potential in the global bus air compressor market are:

  • BorgWarner Inc.
  • Denso Corporation
  • Hanon Systems
  • HELLA GmbH & Co. KGaA
  • Hitachi Industrial Equipment Systems Co.
  • Marelli Holdings Co., Ltd.
  • MAHLE GmbH
  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • Rheinmetall AG
  • SANDEN HOLDINGS CORPORATION
  • Subros Limited.
  • T/CCI Manufacturing
  • TOYOTA INDUSTRIES CORPORATION
  • Valeo SA
  • Voith GmbH & Co. KGaA

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