Analysis on Impact of Covid-19- Heavy-duty Vehicle Engine Brake Market 2019-2023 | Economic Advantages For Vehicle Owners to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Heavy-duty Vehicle Engine Brake Market 2019-2023 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the heavy-duty vehicle engine brake market and it is poised to grow by $ 110.1 mn during 2019-2023, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. AB Volvo, China FAW Group Co. Ltd., Eaton Corp. Plc, Jacobs Vehicle Systems Inc., MAN SE, Nippon Steel Corp., Pacbrake Co., Scania AB (publ), Streparava Spa, and Voith GmbH & Co. KGaA, are some of the major market participants. Although the economic advantages for vehicle owners will offer immense growth opportunities, increased cost of vehicles with engine brake will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Economic advantages for vehicle owners have been instrumental in driving the growth of the market. However, increased cost of vehicles with engine brake might hamper the market growth.

Heavy-duty Vehicle Engine Brake Market 2019-2023 : Segmentation

Heavy-duty Vehicle Engine Brake Market is segmented as below:

  • Type
    • Compression Release Brake
    • Exhaust Brake
    • Retarder
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR32159

Heavy-duty Vehicle Engine Brake Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our heavy-duty vehicle engine brake market report covers the following areas:

  • Heavy-duty Vehicle Engine Brake Market Size
  • Heavy-duty Vehicle Engine Brake Market Trends
  • Heavy-duty Vehicle Engine Brake Market Industry Analysis

This study identifies the growing adoption of electronically assisted braking functionalities as one of the prime reasons driving the heavy-duty vehicle engine brake market growth during the next few years.

Heavy-duty Vehicle Engine Brake Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Heavy-duty Vehicle Engine Brake Market, including some of the vendors such as AB Volvo, China FAW Group Co. Ltd., Eaton Corp. Plc, Jacobs Vehicle Systems Inc., MAN SE, Nippon Steel Corp., Pacbrake Co., Scania AB (publ), Streparava Spa, and Voith GmbH & Co. KGaA. Backed with competitive intelligence and benchmarking, our research reports on the Heavy-duty Vehicle Engine Brake Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Heavy-duty Vehicle Engine Brake Market 2019-2023 : Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist heavy-duty vehicle engine brake market growth during the next five years
  • Estimation of the heavy-duty vehicle engine brake market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the heavy-duty vehicle engine brake market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of heavy-duty vehicle engine brake market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry

Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Compression release brake - Market size and forecast 2018-2023
  • Exhaust brake - Market size and forecast 2018-2023
  • Retarder - Market size and forecast 2018-2023
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Emergence of electric trucks
  • Growing adoption of electronically assisted braking functionalities
  • Emergence of remote diagnostics for advanced braking systems

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AB Volvo
  • China FAW Group Co. Ltd.
  • Eaton Corp. Plc
  • Jacobs Vehicle Systems Inc.
  • MAN SE
  • Nippon Steel Corp.
  • Pacbrake Co.
  • Scania AB (publ)
  • Streparava Spa
  • Voith GmbH & Co. KGaA

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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Contacts

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Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The heavy-duty vehicle engine brake market is poised to grow by 110.1 mn during 2019-2023, according to Technavio

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/