Commercial vehicle exhaust brake slowdowns a diesel engine by closing off the exhaust path from the engine, which causes the exhaust gas to be compressed in the exhaust manifold, and in the cylinder. These commercial vehicle exhaust brakes provide additional vehicle braking power by restricting the flow of exhaust gases and increasing back pressure to the engine.
MARKET SCOPE
The "Global Commercial vehicle exhaust brake 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 the commercial vehicle exhaust brake market with detailed market segmentation by product type, application, and geography. The report provides key statistics on the market status of the leading commercial vehicle exhaust brake market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- The global commercial vehicle exhaust brake market is segmented on the basis of product type, and application.
- On the basis of product type, the market is segmented into exhaust pipe mounted, engine mounted, turbo mounted.
- Based on application the market is segmented as LCV, Medium and heavy commercial vehicle exhaust brakehaust.
MARKET DYNAMICS
Drivers:
- Electronic brake force distribution control for medium-duty commercial vehicles
- OEMs and tier-1 suppliers prioritizing lightweight braking system
Restraints:
- High development and maintenance costs.
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 market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The commercial vehicle exhaust brake 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 the market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 America after evaluating political, economic, social and technological factors affecting the commercial vehicle exhaust brake market in these regions.
IMPACT OF COVID-19 ON COMMERCIAL VEHICLE EXHAUST BRAKE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the commercial vehicle exhaust brake market 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Commercial vehicle exhaust brake market market are anticipated to lucrative growth opportunities in the future with the rising demand for Commercial vehicle exhaust brake market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the commercial vehicle exhaust brake market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BD Diesel
- Eaton
- Ennova
- Jacobs Vehicle Systems, Inc.
- Knorr - Bremse
- MAN SE
- MAHLE GmBH
- Pacbrake Company
- VOLVO GROUP
- Wabco Corporation