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Global Heavy-duty Vehicle Engine Brake Market Size is expected to experience a CAGR of 11.7% through 2024 - 2031, according to industry projections.

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The "Heavy-duty Vehicle Engine Brake Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Heavy-duty Vehicle Engine Brake market is expected to grow annually by 11.7% (CAGR 2024 - 2031).

This entire report is of 112 pages.

Heavy-duty Vehicle Engine Brake Introduction and its Market Analysis

The global Heavy-duty Vehicle Engine Brake market research report provides an in-depth analysis of the market conditions, focusing on the increasing demand for engine brakes in heavy-duty vehicles. Engine brakes are designed to slow down a vehicle by reducing engine power, thereby enhancing safety and reducing brake wear. The market is driven by factors such as improved vehicle performance, fuel efficiency, and stricter regulations on emissions. Key players in the market include AB Volvo, FAW Group, Eaton, and Scania Group. The report's main findings highlight the growing market opportunities and recommend strategies for companies to capitalize on this trend.

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The heavy-duty vehicle engine brake market is witnessing a surge in demand, with key players offering a wide range of products such as Compression Release Brake, Exhaust Brake, and Retarder. These brakes cater to various applications including Aftermarket and OEM segments. The market is also influenced by regulatory and legal factors, specific to market conditions. Manufacturers need to adhere to stringent emission norms and safety regulations to meet industry standards. As the demand for heavy-duty vehicles continues to rise, the market for engine brakes is expected to grow significantly in the coming years, driven by advancements in technology and evolving customer preferences. It is crucial for players in this sector to stay updated with changing regulations and market trends to ensure sustainable growth and maximum market share.

Top Featured Companies Dominating the Global Heavy-duty Vehicle Engine Brake Market

The heavy-duty vehicle engine brake market is competitive with several key players operating in the industry. Some of the major companies in the market include AB Volvo, FAW Group, Eaton, Jacobs Vehicle Systems, MAN SE, Nippon Steel, Pacbrake, Scania Group, Streparava, Voith Group, and Shanghai Ennova.

These companies offer a variety of engine brake systems designed to aid in slowing down heavy-duty vehicles, reducing wear on traditional braking systems, and improving overall vehicle safety. They utilize advanced technology and innovation to provide reliable and efficient engine brake solutions to their customers.

AB Volvo, for example, offers a range of engine brake options for their heavy-duty trucks and commercial vehicles, helping to improve vehicle performance and safety on the road. FAW Group also provides engine brake systems for their heavy-duty trucks, contributing to increased braking effectiveness and reduced maintenance costs.

Eaton, Jacobs Vehicle Systems, and Scania Group are other key players in the market, providing innovative engine brake solutions that help to grow the heavy-duty vehicle engine brake market. These companies invest in research and development to continuously improve their products and meet the changing needs of their customers.

While specific sales revenue figures for these companies may vary, they all play a vital role in expanding the heavy-duty vehicle engine brake market and driving industry growth. By offering high-quality engine brake systems and services, these companies contribute to improving vehicle safety, reducing maintenance costs, and increasing overall efficiency for heavy-duty vehicle operators.

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

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Heavy-duty Vehicle Engine Brake Market Analysis, by Type:

  • Compression Release Brake
  • Exhaust Brake
  • Retarder

Compression Release Brake uses the engine's cylinders to create braking power by releasing compressed air. Exhaust Brake restricts the flow of exhaust gases, creating back pressure to slow down the vehicle. Retarder uses an external device to generate braking power, reducing wear on the vehicle's traditional braking system. These types of heavy-duty vehicle engine brakes provide additional stopping power, reduce brake fade, and increase overall safety. As a result, the demand for heavy-duty vehicle engine brakes has been increasing as customers seek improved performance and reliability in their commercial vehicles.

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Heavy-duty Vehicle Engine Brake Market Analysis, by Application:

  • Aftermarket
  • OEM

The application of heavy-duty vehicle engine brakes can be seen in both the aftermarket and OEM sectors. In the aftermarket, engine brake systems are installed as aftermarket products on existing vehicles, providing an additional braking mechanism for heavy-duty vehicles. In the OEM sector, engine brakes are integrated into the original design of heavy-duty vehicles by manufacturers. These engine brakes work by restricting the flow of air through the engine, increasing the amount of resistance and aiding in slowing down the vehicle. The fastest growing application segment in terms of revenue is the OEM sector, as more manufacturers are incorporating engine brakes into their vehicles to enhance safety and performance.

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Heavy-duty Vehicle Engine Brake Industry Growth Analysis, by Geography:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The heavy-duty vehicle engine brake market is experiencing significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate the market with a market share of around 35%, followed by Europe with a market share of 25%. The Asia-Pacific region is also expected to witness substantial growth, with China and India leading the market. Latin America and the Middle East & Africa regions are also anticipated to contribute to the market growth, with countries like Brazil, Mexico, and Saudi Arabia showing significant potential. Overall, the heavy-duty vehicle engine brake market is expected to witness steady growth across various regions.

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