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The automotive slack adjuster market is forecasted to grow by USD 715.6 million during 2023-2028, accelerating at a CAGR of 6.72% during the forecast period. The report on the automotive slack adjuster 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 rising emphasis on road safety and need to reduce accidents, increase in production and sales of commercial vehicles globally, and rise in demand for advanced braking systems.
The automotive slack adjuster market is segmented as below:
By Type
- Automatic slack adjuster
- Manual slack adjuster
By Vehicle Type
- Heavy commercial vehicles
- Light commercial vehicles
- Passenger cars
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the automotive slack adjuster market covers the following areas:
- Automotive slack adjuster market sizing
- Automotive slack adjuster market forecast
- Automotive slack adjuster 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 in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of 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 the 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 Type
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive slack adjuster market: Accuride Corp., Alon Automotive SL, Aydinsan, Cummins Inc., Enpro Inc., Ferdinand Bilstein GmbH Co. KG, Knorr-Bremse AG, Longzhong Holding Group Co. Ltd., MarkLines Co Ltd., MEI Brakes Ltd., Ningbo Heli Brake Systems Co Ltd., SAF HOLLAND SE, TSE Brakes Inc., WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP., ZF Friedrichshafen AG, Zhejiang Aodi Machinery Manufacturing Co., Ltd., ZHEJIANG ROADAGE MACHINERY CO. LTD., and Zhejiang VOB Technology Co Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of advanced safety technologies in passenger vehicles to gain higher safety ratings."
According to the report, one of the major drivers for this market is the rising emphasis on road safety and need to reduce accidents.
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 in addition to 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:
- Accuride Corp.
- Alon Automotive SL
- Aydinsan
- Cummins Inc.
- Enpro Inc.
- Ferdinand Bilstein GmbH Co. KG
- Knorr-Bremse AG
- Longzhong Holding Group Co. Ltd.
- MarkLines Co Ltd.
- MEI Brakes Ltd.
- Ningbo Heli Brake Systems Co Ltd.
- SAF HOLLAND SE
- TSE Brakes Inc.
- WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.
- ZF Friedrichshafen AG
- Zhejiang Aodi Machinery Manufacturing Co. Ltd.
- ZHEJIANG ROADAGE MACHINERY CO. LTD.
- Zhejiang VOB Technology Co Ltd.