Truck Auxiliary Braking Device market size is estimated to be worth US$ 24857 million in 2022 and is forecast to a readjusted size of US$ 30215 million by 2028 with a CAGR of 4% during the review period. One of the systems included in the braking control of the vehicle is the auxiliary braking system. It is important to remember that the auxiliary brake is just an auxiliary system. They are designed to slow down the vehicle not to stop it. They do not replace service brakes. They only help in certain situations. The most common auxiliary system is the engine brake.
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Segment by Type:
Hydraulic Retarders
Engine Brake
Electromagnetic Retarders
Segment by Application:
12-20 Ton Truck
20-30 Ton Truck
Over 30 Ton Truck
The major vendors covered
Frenelsa
Voith
ZF
Scania
Telma
Jacobs
Klam
TBK
Shaanxi Fast
SORL
Terca
Hongquan
CAMA
Air Fren
VOLVO
Ennova
Eaton
Pacbrake
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Scope of the Report
The research study analyzes the global Truck Auxiliary Braking Device Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Truck Auxiliary Braking Device Market Report
1. What was the Truck Auxiliary Braking Device Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Truck Auxiliary Braking Device Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Truck Auxiliary Braking Device Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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