Vehicle retarder is a device usually used on heavy vehicles to augment or replace some of the functions of primary friction-based braking systems. For the working principal, the vehicle retarder is composed of stator part producing magnetic field and rotor part producing resistance torque through cutting the magnetic lines by rotating of the rotor, so the vehicle retarder can make vehicle decelerating through this torque.
Briefly speaking, in the next few years, vehicle retarder industry will still be a highly energetic industry. Although sales of vehicle retarder brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the vehicle retarder field hastily.
According to this study, over the next five years the Vehicle Retarder market will register a 8.0% CAGR in terms of revenue, the global market size will reach US$ 2290 million by 2024, from US$ 1450 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vehicle Retarder business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle Retarder market by product type, application, key manufacturers and key regions and countries.
This study considers the Vehicle Retarder value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electric retarders
Hydraulic retarder
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
18-55 MT
55-100 MT
>100 MT
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Frenelsa
Voith
ZF
Scania
Telma
Jacobs
Klam
TBK
Shaanxi Fast
SORL
Terca
Hongquan
CAMA
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vehicle Retarder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vehicle Retarder market by identifying its various subsegments.
Focuses on the key global Vehicle Retarder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vehicle Retarder with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vehicle Retarder submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Vehicle Retarder . Industry analysis & Market Report on Vehicle Retarder is a syndicated market report, published as Global Vehicle Retarder Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Vehicle Retarder market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.