Global Heavy-duty Vehicle Engine Brake Market Growth 2023-2029

Global Heavy-duty Vehicle Engine Brake Market Growth 2023-2029

Engine braking reduces the speed of the engine, and therefore, the vehicle. The goal is to prevent the vehicle from picking up speed or going down a decline too fast. it tends to break up excessive carbon build-up inside exhaust valves, the exhaust manifold, and other exhaust components. It not only helps the engine be more effective at reducing vehicle speed, it can help extend the life of the normal brakes.

LPI (LP Information)' newest research report, the “Heavy-duty Vehicle Engine Brake Industry Forecast” looks at past sales and reviews total world Heavy-duty Vehicle Engine Brake sales in 2022, providing a comprehensive analysis by region and market sector of projected Heavy-duty Vehicle Engine Brake sales for 2023 through 2029. With Heavy-duty Vehicle Engine Brake sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy-duty Vehicle Engine Brake industry.

This Insight Report provides a comprehensive analysis of the global Heavy-duty Vehicle 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 Heavy-duty Vehicle Engine Brake portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heavy-duty Vehicle Engine Brake market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy-duty Vehicle 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 Heavy-duty Vehicle Engine Brake.

The global Heavy-duty Vehicle Engine Brake market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Heavy-duty Vehicle Engine Brake is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Heavy-duty Vehicle Engine Brake is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Heavy-duty Vehicle Engine Brake is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Heavy-duty Vehicle Engine Brake players cover AB Volvo, FAW Group, Eaton, Jacobs Vehicle Systems, MAN SE, Nippon Steel, Pacbrake, Scania Group and Streparava, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Heavy-duty Vehicle Engine Brake market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Compression Release Brake
Exhaust Brake
Retarder

Segmentation by application
Aftermarket
OEM

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.
AB Volvo
FAW Group
Eaton
Jacobs Vehicle Systems
MAN SE
Nippon Steel
Pacbrake
Scania Group
Streparava
Voith Group
Shanghai Ennova

Key Questions Addressed in this Report

What is the 10-year outlook for the global Heavy-duty Vehicle Engine Brake market?

What factors are driving Heavy-duty Vehicle Engine Brake market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Heavy-duty Vehicle Engine Brake market opportunities vary by end market size?

How does Heavy-duty Vehicle 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.