Automotive Retarder Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Electric retarders, Hydraulic retarders); Application (18-55 MT, 55-100 MT, Above 100 MT) and Geography
Report Code: TIPRE00005574 No. of Pages: 150 Category: Automotive and Transportation Status: Upcoming
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MARKET INTRODUCTION
The primary function of an automotive retarder is to maintain and control the speed of the vehicle. Automotive retarders are basically of two types; electric and hydraulic. Retarders help in preventing the vehicle from accelerating down the slope and sliding uncontrollably. Automotive retarders assist in braking performed by the traditional friction braking systems. These are high-performance brakes which effectively and safely decelerates even heavy vehicles.
MARKET DYNAMICS
The automotive retarder market is anticipated to witness symbolic growth in the forecast period owing to high demands from the automotive industry on account of the growing trend of the transportation industry. Furthermore, rising adoption of multistage modulating transmission retarders and overall cost reduction is expected to boost the growth of the automotive retarder market. On the other hand, emerging economies offer lucrative growth opportunities for the key players operating in the automotive retarder market during the forecast period.
MARKET SCOPE
The "Global Automotive Retarder Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive retarder market with detailed market segmentation by type, application and geography. The global automotive retarder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive retarder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive retarder market is segmented on the basis of type and application. Based on type, the market is segmented as electric retarders and hydraulic retarders. On the basis of the application, the market is segmented as 18-55 MT, 55-100 MT, above 100 MT.REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive retarder market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive retarder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive retarder market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the automotive retarder market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive retarder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from automotive retarder market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive retarder in the global market. Below mentioned is the list of few companies engaged in the automotive retarder market.
The report also includes the profiles of key automotive retarder companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
The primary function of an automotive retarder is to maintain and control the speed of the vehicle. Automotive retarders are basically of two types; electric and hydraulic. Retarders help in preventing the vehicle from accelerating down the slope and sliding uncontrollably. Automotive retarders assist in braking performed by the traditional friction braking systems. These are high-performance brakes which effectively and safely decelerates even heavy vehicles.
MARKET DYNAMICS
The automotive retarder market is anticipated to witness symbolic growth in the forecast period owing to high demands from the automotive industry on account of the growing trend of the transportation industry. Furthermore, rising adoption of multistage modulating transmission retarders and overall cost reduction is expected to boost the growth of the automotive retarder market. On the other hand, emerging economies offer lucrative growth opportunities for the key players operating in the automotive retarder market during the forecast period.
MARKET SCOPE
The "Global Automotive Retarder Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive retarder market with detailed market segmentation by type, application and geography. The global automotive retarder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive retarder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive retarder market is segmented on the basis of type and application. Based on type, the market is segmented as electric retarders and hydraulic retarders. On the basis of the application, the market is segmented as 18-55 MT, 55-100 MT, above 100 MT.REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive retarder market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive retarder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive retarder market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the automotive retarder market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive retarder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from automotive retarder market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive retarder in the global market. Below mentioned is the list of few companies engaged in the automotive retarder market.
The report also includes the profiles of key automotive retarder companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- CAMA(Luoyang) Electromechanic CO.,LTD
- Frenos Electricos Unidos, S.A.
- Jacobs Vehicle Systems, Inc.
- Scania AB
- Shaanxi Fast Auto Drive Co., Ltd
- SORL Auto Parts, Inc.
- TBK Co., Ltd.
- Telma S.A.
- Voith GmbH & Co. KGaA
- ZF Friedrichshafen AG
