Global Vehicle Retarder Market Growth 2023-2029

Global Vehicle Retarder Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Vehicle Retarder Industry Forecast” looks at past sales and reviews total world Vehicle Retarder sales in 2022, providing a comprehensive analysis by region and market sector of projected Vehicle Retarder sales for 2023 through 2029. With Vehicle Retarder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle Retarder industry.
This Insight Report provides a comprehensive analysis of the global Vehicle Retarder 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 Vehicle Retarder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vehicle Retarder market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle Retarder 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 Vehicle Retarder.
The global Vehicle Retarder market size is projected to grow from US$ 1925.9 million in 2022 to US$ 2999.8 million in 2029; it is expected to grow at a CAGR of 2999.8 from 2023 to 2029.
Market competition is fierce. The market concentration is relatively high. Leading 13 suppliers, including Frenelsa, Voith, ZF, Scania, Telma, Jacobs, Klam, TBK, Shaanxi Fast, SORL, Terca, Hongquan and CAMA occupy about 73% of the market.
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.
Market Segmentation:
Segmentation by type
Electric Retarders
Hydraulic Retarder
Segmentation by application
18-55 MT
55-100 MT
Above 100 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.
Frenelsa
Voith
ZF
Scania
Telma
Jacobs
Klam
TBK
Shaanxi Fast
SORL
Terca
Hongquan
CAMA
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vehicle Retarder market?
What factors are driving Vehicle Retarder market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vehicle Retarder market opportunities vary by end market size?
How does Vehicle Retarder 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.