LONDON – (BUSINESS WIRE) – February 13, 2020–
Technavio is monitoring the heavy-duty engine brakes market and it is expected to grow by USD 110.1 million during the period 2019-2023, with a CAGR of 6% during the forecast period. The report offers up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Technavio has released a new market research report on the Heavy-Duty Engine Brakes Market from 2019 to 2023 (Graph: Business Wire)
The economic benefits for vehicle owners have been instrumental in the growth of the market. However, the increasing cost of vehicles with engine brakes could hamper the growth of the market. Request a free sample report
Heavy Vehicle Engine Brakes Market 2019-2023: Segmentation
The heavy-duty engine brakes market is segmented as follows:
- Decompression brake
- Exhaust brake
- North America
- South America
To learn more about global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR32159
Heavy-Duty Engine Brakes Market 2019-2023: Scope
Technavio presents a detailed picture of the market through the study, synthesis and summation of data from multiple sources. Our market for heavy-duty engine brakes report covers the following areas:
- Market size for heavy-duty engine brakes
- Market trends for heavy-duty engine brakes
- Industry Analysis of the Heavy-Duty Engine Brakes Market
This study identifies the growing adoption of electronically assisted braking features as one of the major reasons for the growth of the heavy-duty engine brakes market in the coming years.
Heavy-Duty Engine Brakes Market 2019-2023: Vendor Analysis
We provide a detailed analysis of about 25 suppliers operating in the Heavy Duty Vehicle Engine Brake market including some such suppliers 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 by competitive intelligence and benchmarking, our Heavy-Duty Vehicle Engine Brakes market research reports are designed to provide entry assistance, customer profile, and M&A support, as well as support for go-to-market strategy.
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Heavy-Duty Engine Brakes Market 2019-2023: Key Highlights
- Market CAGR during the forecast period 2019-2023
- Detailed information on the factors that will contribute to the growth of the Heavy Duty Vehicle Engine Brakes market over the next five years
- Estimated Market Size for Heavy Duty Engine Brakes and Its Contribution to Parent Market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the heavy-duty engine brakes market
- Market competitive landscape analysis and detailed supplier information
- Complete details on the factors that will challenge the growth of Heavy Vehicle Engine Brakes Market vendors
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.
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INDUSTRY KEYWORD: AUTOMOTIVE AFTER-SALES MANUFACTURING AUTOMOTIVE TECHNOLOGY MANUFACTURING TRUCKING TRANSPORTATION OTHER AUTOMOTIVE ENGINEERING EQUIPMENT GENERAL AUTOMOTIVE
SOURCE: Technavio Research
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PUB: 02/13/2020 07:00 / DISC: 02/13/2020 07:01