Global Engine Brake Market Growth 2023-2029

Global Engine Brake Market Growth 2023-2029

This report studies the Engine Brake market, general is compression release brake or exhaust brake.
A compression release brake (also known as a Jacobs brake or "jake brake"), is the type of brake most commonly confused with real engine braking; it is used mainly in large diesel trucks and works by opening the exhaust valves at the top of the compression stroke, resulting in adiabatic expansion of the compressed air, so the large amount of energy stored in that compressed air is not returned to the crankshaft, but is released into the atmosphere.

An exhaust brake works by causing a restriction in the exhaust, much like the intake throttle causes in a gasoline engine. In simple terms, it works by increasing the back-pressure of the exhaust. Nearly all of these brakes are butterfly valves similar to a throttle valve, mounted downstream of the turbocharger if there is one.
LPI (LP Information)' newest research report, the “Engine Brake Industry Forecast” looks at past sales and reviews total world Engine Brake sales in 2022, providing a comprehensive analysis by region and market sector of projected Engine Brake sales for 2023 through 2029. With Engine Brake sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engine Brake industry.
This Insight Report provides a comprehensive analysis of the global Engine Brake landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Engine Brake portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Engine Brake market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engine Brake and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engine Brake.
The global Engine Brake market size is projected to grow from US$ 677.2 million in 2022 to US$ 951.6 million in 2029; it is expected to grow at a CAGR of 951.6 from 2023 to 2029.
The major players in global Engine Brake market include Jacobs, VOLVO, Ennova, etc. The top three players of Engine Brake account for approximately 85% of the total market. North America is the largest market of Engine Brake accounting for about 41%, followed by Europe and China. In terms of Type, Hydraulic Type is the largest segment, with a share about 82%. And in terms of Application, the largest application is Above 15 MT, followed by 11-15 MT.
This report presents a comprehensive overview, market shares, and growth opportunities of Engine Brake market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Compression Release Brake
Exhaust Brake
Segmentation by application
Below 11 MT
11-15 MT
Above 15 MT
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Jacobs
VOLVO
Ennova
Eaton
Pacbrake
Key Questions Addressed in this Report
What is the 10-year outlook for the global Engine Brake market?
What factors are driving Engine Brake market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Engine Brake market opportunities vary by end market size?
How does Engine Brake break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.