Global Heavy-Duty Vehicle Engine Brake Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Heavy-Duty Vehicle Engine Brake Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Compression-release engine brake is an engine brake mechanism installed on the engine. When activated, it will open the exhaust valve of the cylinder just before the end of the compression stroke, release the compressed gas trapped in the cylinder, and slow down the vehicle.

Market Overview:

The latest research study on the global Heavy-Duty Vehicle Engine Brake market finds that the global Heavy-Duty Vehicle Engine Brake market reached a value of USD 604.12 million in 2022. It’s expected that the market will achieve USD 721.0 million by 2028, exhibiting a CAGR of 2.99% during the forecast period.

Affect the normal operation of the industry

The raging COVID-19 has left the global economic environment in depression. The impact of COVID-19 on the engine brake industry of heavy vehicles will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The impact on the engine brake industry of heavy vehicles depends on the prevention and control effects of COVID-19.

Downstream demand declines in a short time

For the heavy-duty vehicle engine brake market, the most direct impact is undoubtedly the sharp decline in sales in recent months. Due to the greater risk of contracting COVID-19, people are more willing to stay in a safe place and reduce the number of movements. Therefore, the demand for heavy-duty vehicle decreases, and the demand for heavy-duty vehicle engine brake naturally declines.

Jacobs Vehicle Systems Opens First European Factory

Jacobs Vehicle Systems, a worldwide manufacturer of heavy-duty diesel engine retarding and valve actuation systems, recently shipped the company’s first engine brake from its newly opened European facility near the city of Brno in the Czech Republic. With its headquarters in Bloomfield, CT, and its Suzhou facility in Eastern China, Brno becomes the third production location as Jacobs continues to expand its global capacities. More than 20 factory operators and support staff are currently employed in the new production plant measuring more than 21,000 square feet. Plans are calling for the eventual annual production of 100,000 engine brakes and additional employees.

Volvo Trucks launches new generation of heavy-duty trucks with the driver in focus

Enhanced safety system helps avoid accidents
With the Volvo FH and Volvo FH16's adaptive high beam and other features to further improve safety, Volvo Trucks is the first truck manufacturer to introduce trucks. The system automatically improves the safety of all road users by automatically disabling selected parts of the LED high beam when the truck is approaching traffic or another vehicle.
The improved adaptive cruise control (ACC) can be reduced to a speed of 0 km / h, and has a downhill cruise control function, which can automatically activate the wheel brakes when additional braking force is required to maintain a constant downhill speed. Thereby promoting driving. Electronically controlled braking system (EBS) is a prerequisite for safety functions, such as collision warning with emergency braking and electronic stability control system, which has now become the standard configuration of new trucks. Volvo Dynamic Steering with safety system lane keeping assist system and stability assist system is also available as an option. The road sign recognition system detects road traffic signs, such as overtaking restrictions, road types and speed restrictions, and displays them on the instrument display.

Region Overview:

Asia Pacific is projected to account for a considerable share of the Heavy-Duty Vehicle Engine Brake market and is expected to become the largest region by 2028.

Company Overview:

Jacobs Vehicle Systems Inc. is one of the major players operating in the Heavy-Duty Vehicle Engine Brake market, holding a share of 33.36% in 2023.

Jacobs Vehicle Systems Inc.

Jacobs Vehicle Systems, Inc. provides engine retarding and valve actuation technologies. The company offers exhaust, bleeder, and compression release brakes. Jacobs Vehicle Systems operates globally.

Eaton Corp. Plc

Eaton Corporation PLC manufactures engineered products for the industrial, vehicle, construction, commercial, and aerospace markets. The Company offers hydraulic products and fluid connectors, electrical power distribution and control equipment, truck drivetrain systems, engine components, and a wide variety of controls.

Segmentation Overview:

Among different product types, Compression release brake segment is anticipated to contribute the largest market share in 2028.

Compression release brake

Compression release brake is a more mainstream engine brake technology and has the highest braking power and efficiency. When the control switch is opened, the engine exhaust valve will be opened near the top dead center of the compression stroke, and the high-pressure gas formed during the compression stroke will be discharged out of the engine cylinder.

Exhaust brake

Exhaust brake is to install a butterfly valve on the exhaust pipe, increase the pressure of the exhaust stroke by closing the valve, use the negative pressure generated to obtain the braking force, the cost is relatively low, and the structure is very simple.

Key Companies in the global Heavy-Duty Vehicle Engine Brake market covered in Chapter 3:

Jacobs Vehicle Systems Inc.
Voith GmbH and Co. KGaA
Pacbrake Co
Nippon Steel Corp
AB Volvo
MAN SE
Eaton Corp. Plc
China FAW Group Co. Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Heavy-Duty Vehicle Engine Brake market from 2018 to 2029 is primarily split into:

Compression Release Brake
Exhaust Brake

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Heavy-Duty Vehicle Engine Brake market from 2018 to 2029 covers:

Aftermarket
OEM

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)