Vehicle Retarder Market By Product Type (Product Type, Hydraulic Retarder) , By Application (18 to 55 MT, 55 to 100 MT, More than 100 MT) : Global Opportunity Analysis and Industry Forecast, 2024-2033

Description

The vehicle retarder market was valued at $2.21 billion in 2022 and is estimated to reach $4.52 billion by 2032, exhibiting a CAGR of 7.6% from 2023 to 2032.

Vehicle retarder is a supplementary braking system employed in heavy-duty vehicles such as trucks, buses, or commercial cars to either substitute or augment conventional brakes. The fundamental purpose of these systems is to reduce the speed of vehicles by dispersing their kinetic energy. Consequently, this improves the safety, flexibility, and steadiness of the automobile, particularly when driving downhill or on complicated roads.

The growth of the global vehicle retarder market is driven by rise in use of advanced braking systems for better efficiency & control. The adoption of cutting-edge vehicle retarders such as Scania's Retarder is gaining prominence among the leading companies of the market. This retarder equips the vehicles with cutting-edge ADR safety features, including the electronic braking system, anti-lock braking system, and a retarder, ensuring the utmost level of safety during the transportation of flammable liquids.

However, high initial cost of retarder systems and need for compatibility with existing vehicle systems and components hinder the expansion of this market. Contrarily, the retarder control unit, a recently developed integrated retarder system, presents a significant opportunity for market growth. By integrating the electronic control unit directly into the retarder, the retarder control unit enhances vehicle systems, saving space, efficiency. Moreover, its advanced monitoring capabilities promptly address any detected faults, ensuring safety and extending the service life of the system. This innovation supports the rising trend of leveraging technological advancements to encourage the adoption of retarder systems, particularly in electric and hybrid vehicles. These systems enable regenerative braking, thereby contributing to the market's expansion.

Segmentation Overview

The global vehicle retarder market is segmented into product type, application, and region. By product type, the market is categorized into electrical retarders and hydraulic retarders. In terms of application, it is divided into 18-55 MT, 55-100 MT, and >100 MT. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Key Findings

By product type, the hydraulic retarders segment accounted for the largest share in the market in 2022.

According to the application, the 18-55 MT segment gained the highest market share in 2022.

Region wise, Asia-Pacific dominated the market in 2022.

Competitive Analysis

The major players operating in the vehicle retarder market include Frenelsa S.A., Voith GmbH & Co. KGaA, ZF Friedrichshafen AG, Scania AB, Telma S.A., Jacobs Vehicle Systems, Inc., Klam Retarder Inc., TBK Co., Ltd., Shaanxi Fast Auto Drive Group Company Limited, and SORL Auto Parts, Inc. These prominent participants have implemented diverse strategies for growth, including business expansion, introduction of new products, and formation of partnerships to enhance their position in the fiercely competitive market.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
SWOT Analysis

Key Market Segments

By Product Type

Product Type
Hydraulic Retarder

By Application

18 to 55 MT
55 to 100 MT
More than 100 MT

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa

Key Market Players:

Frenelsa S.A.
Voith GmbH & Co. KGaA
ZF Friedrichshafen AG
Scania AB.
Jacobs Vehicle Systems, Inc.
Klam Retarder Inc.
TBK Co., Ltd.
Shaanxi Fast Auto Drive Group Company Limited
SORL Auto Parts, Inc.

Product Code: A13929

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: VEHICLE RETARDER MARKET, BY PRODUCT TYPE

4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Product Type
4.2. Product Type
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
4.3. Hydraulic Retarder
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country

CHAPTER 5: VEHICLE RETARDER MARKET, BY APPLICATION

5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Application
5.2. 18 To 55 MT
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
5.3. 55 To 100 MT
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
5.4. More Than 100 MT
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country

CHAPTER 6: VEHICLE RETARDER MARKET, BY REGION

6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Region
6.2. North America
- 6.2.1. Key Market Trends and Opportunities
- 6.2.2. Market Size and Forecast, By Product Type
- 6.2.3. Market Size and Forecast, By Application
- 6.2.4. Market Size and Forecast, By Country
- 6.2.5. U.S. Vehicle Retarder Market
  - 6.2.5.1. Market Size and Forecast, By Product Type
  - 6.2.5.2. Market Size and Forecast, By Application
- 6.2.6. Canada Vehicle Retarder Market
  - 6.2.6.1. Market Size and Forecast, By Product Type
  - 6.2.6.2. Market Size and Forecast, By Application
- 6.2.7. Mexico Vehicle Retarder Market
  - 6.2.7.1. Market Size and Forecast, By Product Type
  - 6.2.7.2. Market Size and Forecast, By Application
6.3. Europe
- 6.3.1. Key Market Trends and Opportunities
- 6.3.2. Market Size and Forecast, By Product Type
- 6.3.3. Market Size and Forecast, By Application
- 6.3.4. Market Size and Forecast, By Country
- 6.3.5. France Vehicle Retarder Market
  - 6.3.5.1. Market Size and Forecast, By Product Type
  - 6.3.5.2. Market Size and Forecast, By Application
- 6.3.6. Germany Vehicle Retarder Market
  - 6.3.6.1. Market Size and Forecast, By Product Type
  - 6.3.6.2. Market Size and Forecast, By Application
- 6.3.7. Italy Vehicle Retarder Market
  - 6.3.7.1. Market Size and Forecast, By Product Type
  - 6.3.7.2. Market Size and Forecast, By Application
- 6.3.8. Spain Vehicle Retarder Market
  - 6.3.8.1. Market Size and Forecast, By Product Type
  - 6.3.8.2. Market Size and Forecast, By Application
- 6.3.9. UK Vehicle Retarder Market
  - 6.3.9.1. Market Size and Forecast, By Product Type
  - 6.3.9.2. Market Size and Forecast, By Application
- 6.3.10. Russia Vehicle Retarder Market
  - 6.3.10.1. Market Size and Forecast, By Product Type
  - 6.3.10.2. Market Size and Forecast, By Application
- 6.3.11. Rest of Europe Vehicle Retarder Market
  - 6.3.11.1. Market Size and Forecast, By Product Type
  - 6.3.11.2. Market Size and Forecast, By Application
6.4. Asia-Pacific
- 6.4.1. Key Market Trends and Opportunities
- 6.4.2. Market Size and Forecast, By Product Type
- 6.4.3. Market Size and Forecast, By Application
- 6.4.4. Market Size and Forecast, By Country
- 6.4.5. China Vehicle Retarder Market
  - 6.4.5.1. Market Size and Forecast, By Product Type
  - 6.4.5.2. Market Size and Forecast, By Application
- 6.4.6. Japan Vehicle Retarder Market
  - 6.4.6.1. Market Size and Forecast, By Product Type
  - 6.4.6.2. Market Size and Forecast, By Application
- 6.4.7. India Vehicle Retarder Market
  - 6.4.7.1. Market Size and Forecast, By Product Type
  - 6.4.7.2. Market Size and Forecast, By Application
- 6.4.8. South Korea Vehicle Retarder Market
  - 6.4.8.1. Market Size and Forecast, By Product Type
  - 6.4.8.2. Market Size and Forecast, By Application
- 6.4.9. Australia Vehicle Retarder Market
  - 6.4.9.1. Market Size and Forecast, By Product Type
  - 6.4.9.2. Market Size and Forecast, By Application
- 6.4.10. Rest of Asia-Pacific Vehicle Retarder Market
  - 6.4.10.1. Market Size and Forecast, By Product Type
  - 6.4.10.2. Market Size and Forecast, By Application
6.5. Latin America
- 6.5.1. Key Market Trends and Opportunities
- 6.5.2. Market Size and Forecast, By Product Type
- 6.5.3. Market Size and Forecast, By Application
- 6.5.4. Market Size and Forecast, By Country
- 6.5.5. Brazil Vehicle Retarder Market
  - 6.5.5.1. Market Size and Forecast, By Product Type
  - 6.5.5.2. Market Size and Forecast, By Application
- 6.5.6. Argentina Vehicle Retarder Market
  - 6.5.6.1. Market Size and Forecast, By Product Type
  - 6.5.6.2. Market Size and Forecast, By Application
- 6.5.7. REST of Latin America Vehicle Retarder Market
  - 6.5.7.1. Market Size and Forecast, By Product Type
  - 6.5.7.2. Market Size and Forecast, By Application
6.6. Middle East And Africa
- 6.6.1. Key Market Trends and Opportunities
- 6.6.2. Market Size and Forecast, By Product Type
- 6.6.3. Market Size and Forecast, By Application
- 6.6.4. Market Size and Forecast, By Country
- 6.6.5. UAE Vehicle Retarder Market
  - 6.6.5.1. Market Size and Forecast, By Product Type
  - 6.6.5.2. Market Size and Forecast, By Application
- 6.6.6. Saudi Arabia Vehicle Retarder Market
  - 6.6.6.1. Market Size and Forecast, By Product Type
  - 6.6.6.2. Market Size and Forecast, By Application
- 6.6.7. South Africa Vehicle Retarder Market
  - 6.6.7.1. Market Size and Forecast, By Product Type
  - 6.6.7.2. Market Size and Forecast, By Application
- 6.6.8. Rest of Middle East And Africa Vehicle Retarder Market
  - 6.6.8.1. Market Size and Forecast, By Product Type
  - 6.6.8.2. Market Size and Forecast, By Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023

CHAPTER 8: COMPANY PROFILES

8.1. Frenelsa S.A.
- 8.1.1. Company Overview
- 8.1.2. Key Executives
- 8.1.3. Company Snapshot
- 8.1.4. Operating Business Segments
- 8.1.5. Product Portfolio
- 8.1.6. Business Performance
- 8.1.7. Key Strategic Moves and Developments
8.2. Voith GmbH And Co. KGaA
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Operating Business Segments
- 8.2.5. Product Portfolio
- 8.2.6. Business Performance
- 8.2.7. Key Strategic Moves and Developments
8.3. ZF Friedrichshafen AG
- 8.3.1. Company Overview
- 8.3.2. Key Executives
- 8.3.3. Company Snapshot
- 8.3.4. Operating Business Segments
- 8.3.5. Product Portfolio
- 8.3.6. Business Performance
- 8.3.7. Key Strategic Moves and Developments
8.4. Scania AB.
- 8.4.1. Company Overview
- 8.4.2. Key Executives
- 8.4.3. Company Snapshot
- 8.4.4. Operating Business Segments
- 8.4.5. Product Portfolio
- 8.4.6. Business Performance
- 8.4.7. Key Strategic Moves and Developments
8.5. Jacobs Vehicle Systems, Inc.
- 8.5.1. Company Overview
- 8.5.2. Key Executives
- 8.5.3. Company Snapshot
- 8.5.4. Operating Business Segments
- 8.5.5. Product Portfolio
- 8.5.6. Business Performance
- 8.5.7. Key Strategic Moves and Developments
8.6. Klam Retarder Inc.
- 8.6.1. Company Overview
- 8.6.2. Key Executives
- 8.6.3. Company Snapshot
- 8.6.4. Operating Business Segments
- 8.6.5. Product Portfolio
- 8.6.6. Business Performance
- 8.6.7. Key Strategic Moves and Developments
8.7. TBK Co., Ltd.
- 8.7.1. Company Overview
- 8.7.2. Key Executives
- 8.7.3. Company Snapshot
- 8.7.4. Operating Business Segments
- 8.7.5. Product Portfolio
- 8.7.6. Business Performance
- 8.7.7. Key Strategic Moves and Developments
8.8. Shaanxi Fast Auto Drive Group Company Limited
- 8.8.1. Company Overview
- 8.8.2. Key Executives
- 8.8.3. Company Snapshot
- 8.8.4. Operating Business Segments
- 8.8.5. Product Portfolio
- 8.8.6. Business Performance
- 8.8.7. Key Strategic Moves and Developments
8.9. SORL Auto Parts, Inc.
- 8.9.1. Company Overview
- 8.9.2. Key Executives
- 8.9.3. Company Snapshot
- 8.9.4. Operating Business Segments
- 8.9.5. Product Portfolio
- 8.9.6. Business Performance
- 8.9.7. Key Strategic Moves and Developments