Report Code: A13929 | Pages: NA | ||
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A vehicle retarder is a friction-based braking system that is mostly utilized in heavy vehicles to improve or replace some of the primary functions of the equipment. These retarders assist in decreasing the speed of the vehicle by lowering the braking force, thereby helping the driver to improve the driving performance. These retarders are widely used in buses, trucks, and other vehicles because they are usually heavy and require a lot of braking force to control these vehicles. These retarders contribute to lower overall braking system costs by extending the life of the brake pads by up to 3-5 times. This is the primary factor that drive the market of vehicle retarders globally.
COVID-19 Impact Analysis
Top Impacting Factors
Increase in transportation of goods by road, rise in concern towards safety, surge in number of commercial vehicles across the globe and reduction in overall cost along with increase in the life of brake lining drive the growth of the global vehicle retarder market.Â
High production cost associated with vehicle retarders and high energy consumption and overheating during retardation hinder in the growth of the global vehicle retarder market.Â
Growth in advancements in automobile industry provide lucrative opportunities for the global vehicle retarder market.
Market TrendsÂ
Introduction of Self-Charging Type Electromagnetic Retarders
Key Benefits of the Report:
Questions Answered in the Vehicle Retarder Market Research Report:
Vehicle Retarder Market Report Highlights
Aspects | Details |
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By Product Type |
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By Application |
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By Region |
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Key Market Players | Voith, ZF,, Frenelsa,, Terca,, TBK,, Shaanxi Fast,, Telma, Jacobs,, Klam,, Scania,, Hongquan,, SORL,, CAMA |
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