Market Overview:
Heavy-duty Vehicle Engine Brake Market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The compression release brake segment is expected to account for a major share of the market during the forecast period. The OEM segment is anticipated to register highest CAGR over the forecast period owing to increasing demand for heavy-duty vehicles across various applications.
Product Definition:
Heavy-duty Vehicle Engine Brake is a device that helps to stop a vehicle by using the engine. It is important for heavy-duty vehicles because it can help to stop them quickly and safely.
Compression Release Brake:
The compression release brake is a device that enables the driver to apply brakes without locking the wheels. It works by compressing a spring, which releases the wheel from its grip when enough pressure is applied to it. The CRB acts as an alternative to hydraulic systems used in heavy-duty vehicles for controlling wheel speed and preventing skidding of tires on road surfaces.
In recent years, there has been an increase in demand for high-performance vehicles with enhanced driving dynamics.
Exhaust Brake:
Exhaust brake is a mechanism that is used to reduce the speed of a vehicle. It is achieved by reducing the flow of air into the engine and this reduces its revolutions per minute (RPM). The exhaust brake works in an opposed way to induction brakes, as it does not use electricity; instead, it uses heat and pressure from the exhaust system.
Application Insights:
OEMs generate higher revenue as they control the entire supply chain and can set prices accordingly. The aftermarket segment is expected to witness significant growth over the forecast period owing to increased demand for replacement parts. The use of engine brake in heavy-duty vehicles helps maintain brake performance under high temperatures, which boosts its demand from the aftermarket segment.
The OEM application segment accounted for a major share in 2017 and is projected to expand at a steady CAGR over the forecast period due to extensive usage of retarder by OEMs on account of its low cost and easy availability. In addition, growing penetration of electronic stability controls that help improve fuel efficiency by reducing wheel slip through anti-wheel lockup systems will drive this market growth further over the coming years.
Regional Analysis:
Asia Pacific dominated the global heavy-duty vehicle engine brake market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing demand from developing economies such as China, India, and Japan. Furthermore, rising investments by OEMs are anticipated to drive product adoption over the next eight years.
The Asia Pacific was followed by North America with a share of more than 20%. This can be attributed to growing demand for enhanced braking systems from countries such as U.S., Canada, Mexico among others due to increased application areas and stringent government regulations pertaining road safety issues.
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Stringent emission norms by regulatory authorities across the globe
- Development of advanced brake technologies that offer improved performance and efficiency
- Growing popularity of electric and hybrid vehicles
- Rising demand for commercial transport services
Scope Of The Report
Report Attributes
Report Details
Report Title
Heavy-duty Vehicle Engine Brake Market Research Report
By Type
Compression Release Brake, Exhaust Brake, Retarder
By Application
Aftermarket, OEM
By Companies
AB Volvo, FAW Group, Eaton, Jacobs Vehicle Systems, MAN SE, Nippon Steel, Pacbrake, Scania Group, Streparava, Voith Group, Shanghai Ennova
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Heavy-duty Vehicle Engine Brake Market Report Segments:
The global Heavy-duty Vehicle Engine Brake market is segmented on the basis of:
Types
Compression Release Brake, Exhaust Brake, Retarder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aftermarket, OEM
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AB Volvo
- FAW Group
- Eaton
- Jacobs Vehicle Systems
- MAN SE
- Nippon Steel
- Pacbrake
- Scania Group
- Streparava
- Voith Group
- Shanghai Ennova
Highlights of The Heavy-duty Vehicle Engine Brake Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Compression Release Brake
- Exhaust Brake
- Retarder
- By Application:
- Aftermarket
- OEM
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heavy-duty Vehicle Engine Brake Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heavy-duty vehicle engine brake is a system that uses the engine to stop the vehicle.
Some of the major players in the heavy-duty vehicle engine brake market are AB Volvo, FAW Group, Eaton, Jacobs Vehicle Systems, MAN SE, Nippon Steel, Pacbrake, Scania Group, Streparava, Voith Group, Shanghai Ennova.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heavy-duty Vehicle Engine Brake Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heavy-duty Vehicle Engine Brake Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heavy-duty Vehicle Engine Brake Market - Supply Chain
4.5. Global Heavy-duty Vehicle Engine Brake Market Forecast
4.5.1. Heavy-duty Vehicle Engine Brake Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heavy-duty Vehicle Engine Brake Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heavy-duty Vehicle Engine Brake Market Absolute $ Opportunity
5. Global Heavy-duty Vehicle Engine Brake Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Type
5.3.1. Compression Release Brake
5.3.2. Exhaust Brake
5.3.3. Retarder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heavy-duty Vehicle Engine Brake Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Application
6.3.1. Aftermarket
6.3.2. OEM
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heavy-duty Vehicle Engine Brake Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heavy-duty Vehicle Engine Brake Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heavy-duty Vehicle Engine Brake Demand Share Forecast, 2019-2026
9. North America Heavy-duty Vehicle Engine Brake Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Application
9.4.1. Aftermarket
9.4.2. OEM
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Type
9.7.1. Compression Release Brake
9.7.2. Exhaust Brake
9.7.3. Retarder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heavy-duty Vehicle Engine Brake Demand Share Forecast, 2019-2026
10. Latin America Heavy-duty Vehicle Engine Brake Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Application
10.4.1. Aftermarket
10.4.2. OEM
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Type
10.7.1. Compression Release Brake
10.7.2. Exhaust Brake
10.7.3. Retarder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heavy-duty Vehicle Engine Brake Demand Share Forecast, 2019-2026
11. Europe Heavy-duty Vehicle Engine Brake Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Application
11.4.1. Aftermarket
11.4.2. OEM
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Type
11.7.1. Compression Release Brake
11.7.2. Exhaust Brake
11.7.3. Retarder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heavy-duty Vehicle Engine Brake Demand Share, 2019-2026
12. Asia Pacific Heavy-duty Vehicle Engine Brake Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Application
12.4.1. Aftermarket
12.4.2. OEM
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Type
12.7.1. Compression Release Brake
12.7.2. Exhaust Brake
12.7.3. Retarder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heavy-duty Vehicle Engine Brake Demand Share, 2019-2026
13. Middle East & Africa Heavy-duty Vehicle Engine Brake Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Application
13.4.1. Aftermarket
13.4.2. OEM
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heavy-duty Vehicle Engine Brake Market Size and Volume Forecast by Type
13.7.1. Compression Release Brake
13.7.2. Exhaust Brake
13.7.3. Retarder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heavy-duty Vehicle Engine Brake Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heavy-duty Vehicle Engine Brake Market: Market Share Analysis
14.2. Heavy-duty Vehicle Engine Brake Distributors and Customers
14.3. Heavy-duty Vehicle Engine Brake Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AB Volvo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FAW Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eaton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jacobs Vehicle Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MAN SE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nippon Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pacbrake
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Scania Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Streparava
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Voith Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shanghai Ennova
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
