Market Overview:
The global trailer surge brake market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for commercial vehicles and trailers across the globe. Trailer surge brakes are used in various applications such as marine trailers, automobile semi-trailers, automobile full trailers, RV trailers, and utility trailers. Drum brakes are the most commonly used type of trailer surge brake in North America and Europe due to their low cost and easy installation.
Product Definition:
A trailer surge brake is a device that helps to stop a trailer from moving forward or backward. It does this by using the brakes on the tow vehicle to apply pressure to the trailer's wheels, which helps to keep it in place.
Drum brakes Trailer surge brakes:
Drum brakes are used in vehicles that have trailers. It is a form of hydraulic braking system, which uses the force of the trailer's weight on the brake cable to apply pressure on a drum inside the vehicle. The more load is applied, the more powerful becomes this braking system.
The surge or drop in trailer's weight causes an immediate change in tension on brake cables and therefore applying brakes; it can be either mechanical or hydraulic type depending upon vehicle design and application.
Disc brakes Trailer surge brakes:
The trailer surge brake is a safety device used to control the speed of the vehicle. It is installed between the vehicle and load, and works by increasing resistance as more force is applied to the brake pedal. The purpose of this device is primarily to stop trailers from rolling away or free-wheeling when braking at a lower limit than that which can be achieved with standard road wheels.
Application Insights:
Rising demand for trailer brakes in the automotive industry on account of increasing production of electric vehicles is expected to drive the market over the forecast period. The introduction of advanced safety features, such as Trailer Stability Assist and Trailer sway control, are further anticipated to propel industry growth over the coming years.
The development of road infrastructure in emerging economies has led to an increase in number of commercial vehicle drivers transporting goods across country borders. This has resulted in a rise in cross-border trade activities which is expected to boost product demand over the forecast period. In addition, governments across various regions have undertaken initiatives for installation of electrical equipment on trucks which will result into increased utilization rate for surge brakes during loading and unloading operations respectively driving market growth over the coming years.
Trailer surge brake systems are used extensively throughout industries including construction, mining & minerals among others owing to benefits such as ease Of operation along with improved maneuverability.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for heavy-duty trucks and buses. Moreover, rising concerns regarding road accidents are prompting governments across North America to increase spending on safety products such as trailer brakes.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due of rapid industrialization and urbanization in developing countries including China, India, Indonesia and Thailand among others will boost product demand over the coming years. Furthermore, growing investments by OEMs in developing new technologies such as hydraulic braking system will drive surge Brake industry growth over the forecast period in this region.
Growth Factors:
- Increasing demand for trailers in the transportation industry
- Growing popularity of trailer surge brakes among fleet operators and truck drivers
- Technological advancements in trailer surge brake systems that improve performance and safety
- Rising awareness about the benefits of trailer surge brakes among consumers and businesses alike
- Government regulations mandating the use of trailer surge brakes in certain applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Trailer Surge Brake Market Research Report
By Type
Drum brakes Trailer surge brakes, Disc brakes Trailer surge brakes, Hydraulic breakaway trailer surge brakes
By Application
Marine trailer, Automobile semi-trailer, Automobile full trailer, RV trailer, Utility trailers
By Companies
Dexter Axle Company, CURT Manufacturing LLC, Demco, TIE DOWN ENGINEERING, Heritage Custom Trailers, PJ Trailers, Croft Trailer Supply, Lippert Components, Inc., Atwood, Rigid Hitch
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Trailer Surge Brake Market Report Segments:
The global Trailer Surge Brake market is segmented on the basis of:
Types
Drum brakes Trailer surge brakes, Disc brakes Trailer surge brakes, Hydraulic breakaway trailer surge brakes
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
Marine trailer, Automobile semi-trailer, Automobile full trailer, RV trailer, Utility trailers
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:
- Dexter Axle Company
- CURT Manufacturing LLC
- Demco
- TIE DOWN ENGINEERING
- Heritage Custom Trailers
- PJ Trailers
- Croft Trailer Supply
- Lippert Components, Inc.
- Atwood
- Rigid Hitch
Highlights of The Trailer Surge 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:
- Drum brakes Trailer surge brakes
- Disc brakes Trailer surge brakes
- Hydraulic breakaway trailer surge brakes
- By Application:
- Marine trailer
- Automobile semi-trailer
- Automobile full trailer
- RV trailer
- Utility trailers
- 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 Trailer Surge 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?
Trailer surge brake is a safety feature that helps to prevent trailer accidents. When the trailer brakes are applied, it causes the weight of the trailer to be transferred to the front axle, preventing it from moving forward.
Some of the major players in the trailer surge brake market are Dexter Axle Company, CURT Manufacturing LLC, Demco, TIE DOWN ENGINEERING, Heritage Custom Trailers, PJ Trailers, Croft Trailer Supply, Lippert Components, Inc., Atwood, Rigid Hitch.
The trailer surge brake market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trailer Surge 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. Trailer Surge Brake Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trailer Surge Brake Market - Supply Chain
4.5. Global Trailer Surge Brake Market Forecast
4.5.1. Trailer Surge Brake Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trailer Surge Brake Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trailer Surge Brake Market Absolute $ Opportunity
5. Global Trailer Surge 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. Trailer Surge Brake Market Size and Volume Forecast by Type
5.3.1. Drum brakes Trailer surge brakes
5.3.2. Disc brakes Trailer surge brakes
5.3.3. Hydraulic breakaway trailer surge brakes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trailer Surge 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. Trailer Surge Brake Market Size and Volume Forecast by Application
6.3.1. Marine trailer
6.3.2. Automobile semi-trailer
6.3.3. Automobile full trailer
6.3.4. RV trailer
6.3.5. Utility trailers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trailer Surge 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. Trailer Surge 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 Trailer Surge 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. Trailer Surge 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 Trailer Surge Brake Demand Share Forecast, 2019-2026
9. North America Trailer Surge 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 Trailer Surge 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 Trailer Surge Brake Market Size and Volume Forecast by Application
9.4.1. Marine trailer
9.4.2. Automobile semi-trailer
9.4.3. Automobile full trailer
9.4.4. RV trailer
9.4.5. Utility trailers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trailer Surge Brake Market Size and Volume Forecast by Type
9.7.1. Drum brakes Trailer surge brakes
9.7.2. Disc brakes Trailer surge brakes
9.7.3. Hydraulic breakaway trailer surge brakes
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 Trailer Surge Brake Demand Share Forecast, 2019-2026
10. Latin America Trailer Surge 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 Trailer Surge 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 Trailer Surge Brake Market Size and Volume Forecast by Application
10.4.1. Marine trailer
10.4.2. Automobile semi-trailer
10.4.3. Automobile full trailer
10.4.4. RV trailer
10.4.5. Utility trailers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trailer Surge Brake Market Size and Volume Forecast by Type
10.7.1. Drum brakes Trailer surge brakes
10.7.2. Disc brakes Trailer surge brakes
10.7.3. Hydraulic breakaway trailer surge brakes
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 Trailer Surge Brake Demand Share Forecast, 2019-2026
11. Europe Trailer Surge 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 Trailer Surge 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 Trailer Surge Brake Market Size and Volume Forecast by Application
11.4.1. Marine trailer
11.4.2. Automobile semi-trailer
11.4.3. Automobile full trailer
11.4.4. RV trailer
11.4.5. Utility trailers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trailer Surge Brake Market Size and Volume Forecast by Type
11.7.1. Drum brakes Trailer surge brakes
11.7.2. Disc brakes Trailer surge brakes
11.7.3. Hydraulic breakaway trailer surge brakes
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 Trailer Surge Brake Demand Share, 2019-2026
12. Asia Pacific Trailer Surge 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 Trailer Surge 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 Trailer Surge Brake Market Size and Volume Forecast by Application
12.4.1. Marine trailer
12.4.2. Automobile semi-trailer
12.4.3. Automobile full trailer
12.4.4. RV trailer
12.4.5. Utility trailers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trailer Surge Brake Market Size and Volume Forecast by Type
12.7.1. Drum brakes Trailer surge brakes
12.7.2. Disc brakes Trailer surge brakes
12.7.3. Hydraulic breakaway trailer surge brakes
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 Trailer Surge Brake Demand Share, 2019-2026
13. Middle East & Africa Trailer Surge 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 Trailer Surge 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 Trailer Surge Brake Market Size and Volume Forecast by Application
13.4.1. Marine trailer
13.4.2. Automobile semi-trailer
13.4.3. Automobile full trailer
13.4.4. RV trailer
13.4.5. Utility trailers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trailer Surge Brake Market Size and Volume Forecast by Type
13.7.1. Drum brakes Trailer surge brakes
13.7.2. Disc brakes Trailer surge brakes
13.7.3. Hydraulic breakaway trailer surge brakes
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 Trailer Surge Brake Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trailer Surge Brake Market: Market Share Analysis
14.2. Trailer Surge Brake Distributors and Customers
14.3. Trailer Surge Brake Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dexter Axle Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CURT Manufacturing LLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Demco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TIE DOWN ENGINEERING
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Heritage Custom Trailers
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PJ Trailers
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Croft Trailer Supply
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lippert Components, Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Atwood
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Rigid Hitch
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
