Technavio has been monitoring the heavy-duty vehicle engine brake market and it is poised to grow by USD 110.1 million during 2019-2023, progressing at a CAGR of 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.
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Technavio has published a new market research report on the heavy-duty vehicle engine brake market from 2019-2023 (Graphic: Business Wire)
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 market growth. Request a free sample report
Heavy-duty Vehicle Engine Brake Market 2019-2023: Segmentation
Heavy-duty Vehicle Engine Brake Market is segmented as below:
- Compression Release Brake
- Exhaust Brake
- North America
- South America
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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 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
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.