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The commercial vehicle retarder market is forecasted to grow by USD 356.82 mn during 2023-2028, accelerating at a CAGR of 4.4% during the forecast period. The report on the commercial vehicle retarder market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the reduction in the overall cost of installing commercial vehicle retarders, increasing use of advanced safety solutions in vehicles, and growing demand for fuel-efficient commercial vehicles.
The commercial vehicle retarder market is segmented as below:
By Product
- Electromagnetic retarders
- Hydraulic retarders
By Type
- Buses
- Trucks
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the commercial vehicle retarder market covers the following areas:
- Commercial vehicle retarder market sizing
- Commercial vehicle retarder market forecast
- Commercial vehicle retarder market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global commercial vehicle retarder market: Brakes India Pvt. Ltd., CAMA Luoyang Electromechanic CO. LTD, Cummins Inc., Eaton Corp. Plc, Frenos Electricos Unidos SA, INDUSTRIAS ZELU SL, KRISHNA CHEMICALS, Nippon Steel Corp., Regal Rexnord Corp., Scania AB, Shandong Heavy Industry Group Co. Ltd., SORL Auto Parts Inc., TBK Co. Ltd., Telma SAS, Voith GmbH and Co. KGaA, and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is the growing introduction of self-charging electromagnetic retarders.'
According to the report, one of the major drivers for this market is the reduction in the overall cost of installing commercial vehicle retarders.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Brakes India Pvt. Ltd.
- CAMA Luoyang Electromechanic CO. LTD
- Cummins Inc.
- Eaton Corp. Plc
- Frenos Electricos Unidos SA
- INDUSTRIAS ZELU SL
- KRISHNA CHEMICALS
- Nippon Steel Corp.
- Regal Rexnord Corp.
- Scania AB
- Shandong Heavy Industry Group Co. Ltd.
- SORL Auto Parts Inc.
- TBK Co. Ltd.
- Telma SAS
- Voith GmbH and Co. KGaA
- ZF Friedrichshafen AG
