< Key Hightlight >
The global Vehicle Retarder market was valued at 146.45 Million USD in 2020 and will grow with a CAGR of 7.22% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.
By Market Verdors:
Frenelsa
Voith
ZF
Scania
Telma
Jacobs
Klam
TBK
Shaanxi Fast
SORL
Terca
Hongquan
CAMA
By Types:
Electric retarders
Hydraulic retarder
By Applications:
18-55 MT
55-100 MT
>100 MT
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
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To understand the future outlook and prospects for the market.
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