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Commercial Vehicle Retarder Market Size, Share, Trends, Growth Outlook

Commercial Vehicle Retarder Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Product (Electromagnetic retarders, Hydraulic retarders), Type (Buses, Trucks), and Companies Report

The Global Commercial Vehicle Retarder Market Size is estimated to register 4.9% growth over the forecast period from 2024 to 2030.

 

The Commercial Vehicle Retarder Market addresses the braking needs of commercial vehicles, providing supplementary braking power to enhance safety and reduce wear on conventional braking systems. Retarders assist in managing the speed of heavy-duty vehicles during descents, contributing to overall braking efficiency. This market responds to the demand for reliable and durable retarder systems that complement traditional braking mechanisms. With a focus on optimizing vehicle control and improving braking performance, the Commercial Vehicle Retarder Market aligns with the broader trends in enhancing the safety and performance of commercial vehicles.

 

Market Trend: Adoption of Electric Retarders for Enhanced Efficiency in Commercial Vehicles

The most prominent trend in the Commercial Vehicle Retarder Market is the increasing adoption of electric retarders for enhanced efficiency in commercial vehicles. As the automotive industry transitions towards electrification and seeks more sustainable solutions, electric retarders are gaining popularity for their ability to recover energy during braking. This trend reflects the industry's commitment to reducing fuel consumption and emissions in commercial vehicles while improving overall braking performance. The Commercial Vehicle Retarder Market is witnessing a shift towards innovative electric retarder systems that contribute to both energy efficiency and environmental sustainability.

 

Market Driver: Growing Emphasis on Vehicle Safety and Braking Performance Drives Retarder Adoption

A key driver propelling the Commercial Vehicle Retarder Market is the growing emphasis on vehicle safety and the need for improved braking performance in commercial vehicles. The driver behind the market's growth is the continuous effort to enhance the safety features of heavy-duty trucks and buses, particularly during downhill descents. Retarders play a crucial role in supporting traditional braking systems by providing supplementary braking force, reducing wear on conventional brakes, and improving overall vehicle control. The Commercial Vehicle Retarder Market is responding to this driver by offering advanced retarder technologies that meet safety standards and contribute to enhanced braking capabilities in diverse driving conditions.

 

Potential Opportunity: Integration of Smart and Adaptive Retarder Systems for Commercial Vehicles

An emerging opportunity within the Commercial Vehicle Retarder Market lies in the integration of smart and adaptive retarder systems for commercial vehicles. With advancements in sensor technologies and connectivity, there is potential to develop retarder systems that can adapt to varying road conditions, traffic situations, and vehicle loads. This opportunity aligns with the broader trend of intelligent transportation solutions. Manufacturers in the Commercial Vehicle Retarder Market can explore innovations that incorporate sensor data, artificial intelligence, and connectivity to create retarder systems that optimize braking performance based on real-time conditions. By seizing this opportunity, the market can contribute to the development of more intelligent and adaptive braking solutions, further improving safety and efficiency in commercial vehicle operations."

 

Commercial Vehicle Retarder Market Segmentation

By Product

  • Electromagnetic retarders
  • Hydraulic retarders

 

By Type

  • Buses
  • Trucks

 

By Region  

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Commercial Vehicle Retarder Market Companies

  • CAMA Luoyang Electromechanic CO. LTD
  • Cummins Inc.
  • Eaton Corp. Plc
  • Frenos Electricos Unidos SA
  • INDUSTRIAS ZELU SL
  • Krishna Chemicals
  • Nippon Steel Corp.
  • Regal Rexnord Corp.
  • Scania AB
  • Shandong Heavy Industry Group Co. Ltd.
  • SORL Auto Parts Inc.
  • TBK Co. Ltd.
  • Telma SAS
  • Voith GmbH and Co. KGaA

Commercial Vehicle Retarder Market Outlook 2024

1 Market Overview

1.1 Introduction to the Commercial Vehicle Retarder Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Commercial Vehicle Retarder Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Commercial Vehicle Retarder Market Companies with Area Served

4.2.2 Products Offerings Global Commercial Vehicle Retarder Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Commercial Vehicle Retarder Market Trends

6.1 Global Commercial Vehicle Retarder Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Commercial Vehicle Retarder Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Commercial Vehicle Retarder Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Commercial Vehicle Retarder Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Commercial Vehicle Retarder Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Commercial Vehicle Retarder Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Commercial Vehicle Retarder Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Commercial Vehicle Retarder Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Commercial Vehicle Retarder Development Regional Status and Outlook

8.1 Global Commercial Vehicle Retarder Revenue (USD Million) By Regions (2018-2022)

8.2 North America Commercial Vehicle Retarder Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Commercial Vehicle Retarder Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Commercial Vehicle Retarder Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Commercial Vehicle Retarder Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Commercial Vehicle Retarder Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Commercial Vehicle Retarder Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Commercial Vehicle Retarder Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Commercial Vehicle Retarder Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) by Applications (2018-2022)

8.5 South America Commercial Vehicle Retarder Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Commercial Vehicle Retarder Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Commercial Vehicle Retarder Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Commercial Vehicle Retarder Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Commercial Vehicle Retarder Market Revenue (USD Million), by Type, and Applications (2024-2030)

10.1 Global Commercial Vehicle Retarder Revenue (USD Million) and Market Share (%) by Type (2024-2030)

10.1.1 Global Commercial Vehicle Retarder Revenue (USD Million), and Market Share (%) by Type (2024-2030)

10.2 Global Commercial Vehicle Retarder Revenue (USD Million) and Market Share (%) by Applications (2024-2030)

10.2.1 Global Commercial Vehicle Retarder Revenue (USD Million), and Market Share (%) by Applications (2024-2030)

 

11 Global Commercial Vehicle Retarder Development Regional Status and Outlook Forecast

11.1 Global Commercial Vehicle Retarder Revenue (USD Million) By Regions (2024-2030)

11.2 North America Commercial Vehicle Retarder Revenue (USD Million) by Type, and Applications (2024-2030)

11.2.1 North America Commercial Vehicle Retarder Revenue (USD) Million by Country (2024-2030)

11.2.2 North America Commercial Vehicle Retarder Revenue (USD Million), by Type (2024-2030)

11.2.3 North America Commercial Vehicle Retarder Revenue (USD Million), Market Share (%) by Applications (2024-2030)

11.3 Europe Commercial Vehicle Retarder Revenue (USD Million), by Type, and Applications (2024-2030)

11.3.1 Europe Commercial Vehicle Retarder Revenue (USD Million), by Country (2024-2030)

11.3.2 Europe Commercial Vehicle Retarder Revenue (USD Million), by Type (2024-2030)

11.3.3 Europe Commercial Vehicle Retarder Revenue (USD Million), by Applications (2024-2030)

11.4 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) by Type, and Applications (2024-2030)

11.4.1 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million), by Country (2024-2030)

11.4.2 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million), by Type (2024-2030)

11.4.3 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million), by Applications (2024-2030)

11.5 South America Commercial Vehicle Retarder Revenue (USD Million), by Type, and Applications (2024-2030)

11.5.1 South America Commercial Vehicle Retarder Revenue (USD Million), by Country (2024-2030)

11.5.2 South America Commercial Vehicle Retarder Revenue (USD Million), by Type (2024-2030)

11.5.3 South America Commercial Vehicle Retarder Revenue (USD Million), by Applications (2024-2030)

11.6 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million), by Type, and Applications (2024-2030)

11.6.1 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million), by Region (2024-2030)

11.6.2 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million), by Type (2024-2030)

11.6.3 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million), by Applications (2024-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Commercial Vehicle Retarder Market Companies with Areas Served

Table 3 Products Offerings Global Commercial Vehicle Retarder Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Commercial Vehicle Retarder Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Commercial Vehicle Retarder Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Commercial Vehicle Retarder Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Table 11 Global Commercial Vehicle Retarder Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Commercial Vehicle Retarder Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Commercial Vehicle Retarder Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Commercial Vehicle Retarder Market Share (%) By Regions (2018-2022)

Table 16 North America Commercial Vehicle Retarder Revenue (USD Million) By Country (2018-2022)

Table 17 North America Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Table 18 North America Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Commercial Vehicle Retarder Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Commercial Vehicle Retarder Revenue (USD Million) By Country (2018-2022)

Table 26 South America Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Table 27 South America Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Table 33 Global Commercial Vehicle Retarder Revenue Market Share (%) By Type (2024-2030)

Table 34 Global Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Table 35 Global Commercial Vehicle Retarder Revenue Market Share (%) By Applications (2024-2030)

Table 36 Global Commercial Vehicle Retarder Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2030)

Table 37 North America Commercial Vehicle Retarder Revenue (USD)By Country (2024-2030)

Table 38 North America Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Table 39 North America Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Table 40 Europe Commercial Vehicle Retarder Revenue (USD Million) By Country (2024-2030)

Table 41 Europe Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Table 42 Europe Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Table 43 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Country (2024-2030)

Table 44 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Table 45 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Table 46 South America Commercial Vehicle Retarder Revenue (USD Million) By Country (2024-2030)

Table 47 South America Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Table 48 South America Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Table 49 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Region (2024-2030)

Table 50 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Region (2024-2030)

Table 51 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Table 52 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Commercial Vehicle Retarder Revenue Market Share (%) By Type (2022)

Figure 5 Global Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Commercial Vehicle Retarder Revenue Market Share (%) By Applications (2022)

Figure 7 Global Commercial Vehicle Retarder Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Commercial Vehicle Retarder Market Share (%) By Regions (2022)

Figure 9 North America Commercial Vehicle Retarder Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Commercial Vehicle Retarder Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Commercial Vehicle Retarder Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Figure 25 Global Commercial Vehicle Retarder Revenue Market Share (%) By Type (2030)

Figure 26 Global Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Figure 27 Global Commercial Vehicle Retarder Revenue Market Share (%) By Applications (2030)

Figure 28 Global Commercial Vehicle Retarder Market Revenue (USD Million) By Regions (2024-2030)

Figure 29 North America Commercial Vehicle Retarder Revenue (USD Million) By Country (2024-2030)

Figure 30 North America Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Figure 31 North America Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Figure 32 Europe Commercial Vehicle Retarder Revenue (USD Million) By Country (2024-2030)

Figure 33 Europe Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Figure 34 Europe Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Figure 35 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Country (2024-2030)

Figure 36 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Figure 37 Asia Pacific Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Figure 38 South America Commercial Vehicle Retarder Revenue (USD Million) By Country (2024-2030)

Figure 39 South America Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Figure 40 South America Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Figure 41 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Region (2024-2030)

Figure 42 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Region (2024-2030)

Figure 43 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Type (2024-2030)

Figure 44 Middle East and Africa Commercial Vehicle Retarder Revenue (USD Million) By Applications (2024-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Commercial Vehicle Retarder Market Segmentation

By Product

  • Electromagnetic retarders
  • Hydraulic retarders

 

By Type

  • Buses
  • Trucks

 

By Region  

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)