Commercial Vehicle Retarder Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, India, Japan, Germany - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 164 SKU: IRTNTR73149

Commercial Vehicle Retarder Market 2024-2028 

The commercial vehicle retarder market is forecast to increase by USD 356.82 million at a CAGR of 4.4% between 2023 and 2028.  The accelerated growth of the market is due to various factors, including a reduction in the overall cost of installing commercial vehicle retarders, increasing use of advanced safety solutions in vehicles and growing demand for fuel-efficient commercial vehicles.

The report includes a comprehensive outlook on the Commercial Vehicle Retarder Market, offering forecasts for the industry segmented by Product, which comprises electromagnetic retarders and hydraulic retarders. Additionally, it categorizes Type into buses and trucks and covers Geography, including North America, APAC, Europe, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018-2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.

What will be the size of the Commercial Vehicle Retarder Market During the Forecast Period?

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Commercial Vehicle Retarder Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Commercial Vehicle Retarder Market Driver

The increasing use of advanced safety solutions in vehicles is notably driving the market growth. The growing demand for vehicle safety is boosting the development of advanced automotive safety systems. Retarders are generally used in premium commercial vehicles due to their high cost. However, this type of advanced system has become a necessity in all vehicles. Nowadays, consumers are aware of these systems and are interested in improving the safety of their vehicles. Further, due to technological innovations and increasing competition in the automotive industry, entry-level vehicles are also experiencing the integration of vehicle safety solutions.

In addition, the enforcement of stringent regulations by safety agencies and country-specific government bodies and general awareness among customers has fueled the adoption of safety features across all vehicle segments. Europe has well-established vehicle assessment tests, and in developing APAC countries, the use of safety solutions, including airbags, ABS, EPB, and other advanced braking components, is rising over time. All these factors are likely to drive the growth of the market during the forecast period.

Key Commercial Vehicle Retarder Market Trends

Increasing adoption of multistage modulating transmission retarders is an emerging trend shaping the market growth.  The multistage modulating transmission retarders are used by many commercial vehicles in the market. One such model is the Terex truck model by Volvo. The Terex Truck recently launched a new model TA400 41.8-ton articulated dump truck. These trucks are powered by a 444-horsepower Scania DC13 engine and use selective catalytic reduction combined with exhaust gas regeneration to meet Tier 4 Final emissions regulations. These trucks are also installed with force-cooled multi-disc brakes that are supported by an electronically activated exhaust brake and a six-stage modulating transmission retarder.

Additionally, a high-performance transmission oil extends service intervals up to 6,000 hours. Multistage modulating transmission retarders help improve the brakes in commercial vehicles and enhance the performance and brakes of such trucks. Such factors will thereby boost the growth of the commercial vehicle retarder market during the forecast period.

Major Commercial Vehicle Retarder Market Challenge

The requirement for skilled technicians and the high cost involved with calibration are significant challenges hindering the market growth. Commercial vehicle retarders need special attention from skilled technicians in case of regular retarder check-ups and repairs. Retarders consist of various parts, such as retarder units, heat exchangers, and fluid-filled chambers, which need special attention and special equipment for calibration. The coils involved with the commercial vehicle retarder are highly-priced, and their calibration is expensive. Sometimes, the accumulation of dust can also lead to the malfunctioning of these retarders.

However, improper tuning of the system may create unwanted vehicle stoppages due to the electronic output from retarders deployed for vehicle control. This may affect the driving experience as well as other vehicles on the road. At the same time, the purpose of the system is threatened if the technology is tuned to generate only high-risk alerts. Even occasional faults in the system can lead to users discarding retarder technology, and such actions may harm the usability of the system. These factors will hinder the market's growth during the forecast period.

Commercial Vehicle Retarder Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Commercial Vehicle Retarder Market Customer Landscape

Who are the Major Commercial Vehicle Retarder Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Brakes India Pvt. Ltd.- The company offers commercial vehicle retarder systems such as Hydraulic drum brakes and transmission park brakes.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • 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

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segment in the Commercial Vehicle Retarder Market?

The electromagnetic retarders segment is estimated to witness significant growth during the forecast period. Electromagnetic retarders use the electromagnetic induction process to generate the retardation force. These retarders can be placed in the driveline or transmission unit. An electromagnetic retarder consists of a rotor that is attached to these units, and a stator is securely attached to the vehicle chassis. There are no contact surfaces or working fluid surfaces between the rotor and the stator. 

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The electromagnetic retarders were the largest and was valued at USD 1,033.47 million in 2018. Further, in 2023, the electromagnetic retarder segment accounted for the largest revenue share in the global commercial vehicle retarder market. Electromagnetic retarders do not need any external source for heat dissipation as they consume very little energy. Therefore, the adoption of electromagnetic retarders is high. However, these retarders are huge and occupy large space. Thus, the process of installing such systems in commercial vehicles is highly complicated. Moreover, the price of electromagnetic retarders is very high in the market, which likely reduces their adoption. These factors will drive the growth of the electromagnetic retarders segment and will propel the growth of the commercial vehicle retarder market during the forecast period.

Which are the Key Regions for the Commercial Vehicle Retarder Market?

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North America is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.  In North America, commercial vehicles are mainly used for cargo transportation. Thus, the adoption of safety systems such as commercial vehicle retarders is likely to rise in the US trucking industry. Further, the age factor of drivers is the major reason for these many accidents in this region. The median age of truck drivers is estimated to be 49 years. All these factors are discouraging individuals from continuing their careers as truck drivers, which is negatively affecting the commercial vehicle retarder market in the Americas. The United States Federal Motor Carrier Safety Administration (FMCSA) specifies that electronic logging device (ELD) use is mandatory for most commercial vehicles.

In addition, North America holds a significant share in the global commercial vehicle market owing to the growing demand for commercial vehicles in the region. The reason is the increasing demand for long-distance operations from fleet management in this region. Along with this, the United States Federal Motor Carrier Safety Administration (FMCSA) specifies that ELD use is mandatory for most commercial vehicles. After the mandate of this regulation, there will be a surge in demand for vehicle retarders in all commercial vehicles, thus propelling the growth of the regional commercial vehicle retarder market over the forecasted period.

Segment Overview

The commercial vehicle retarder market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Product Outlook 
    • Electromagnetic retarders
    • Hydraulic retarders
  • Type Outlook 
    • Buses
    • Trucks
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile 
      • Brazil
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Commercial Vehicle Retarder Market Scope

Report Coverage

Details

Page number

164

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.4%

Market Growth 2024-2028

USD 356.82 million

Market structure

Fragmented

YoY growth 2023-2024(%)

4.12

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 45%

Key countries

US, China, India, Japan, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Brakes India Pvt. Ltd., 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, and ZF Friedrichshafen AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Commercial Vehicle Retarder Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global commercial vehicle retarder market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global commercial vehicle retarder market 2018 - 2022 ($ million)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Electromagnetic retarders - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Electromagnetic retarders - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Electromagnetic retarders - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Electromagnetic retarders - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Electromagnetic retarders - Year-over-year growth 2023-2028 (%)
    • 6.4 Hydraulic retarders - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Hydraulic retarders - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Hydraulic retarders - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Hydraulic retarders - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Hydraulic retarders - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ million)
      • Exhibit 43: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Buses - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Buses - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Data Table on Buses - Market size and forecast 2023-2028 ($ million)
      • Exhibit 50: Chart on Buses - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Buses - Year-over-year growth 2023-2028 (%)
    • 7.4 Trucks - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Trucks - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Trucks - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Trucks - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Trucks - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 56: Market opportunity by Type ($ million)
      • Exhibit 57: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 India - Market size and forecast 2023-2028
      • Exhibit 91: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Brakes India Pvt. Ltd.
              • Exhibit 111: Brakes India Pvt. Ltd. - Overview
              • Exhibit 112: Brakes India Pvt. Ltd. - Product / Service
              • Exhibit 113: Brakes India Pvt. Ltd. - Key offerings
            • 12.4 CAMA Luoyang Electromechanic CO. LTD
              • Exhibit 114: CAMA Luoyang Electromechanic CO. LTD - Overview
              • Exhibit 115: CAMA Luoyang Electromechanic CO. LTD - Product / Service
              • Exhibit 116: CAMA Luoyang Electromechanic CO. LTD - Key offerings
            • 12.5 Cummins Inc.
              • Exhibit 117: Cummins Inc. - Overview
              • Exhibit 118: Cummins Inc. - Business segments
              • Exhibit 119: Cummins Inc. - Key offerings
              • Exhibit 120: Cummins Inc. - Segment focus
            • 12.6 Frenos Electricos Unidos SA
              • Exhibit 121: Frenos Electricos Unidos SA - Overview
              • Exhibit 122: Frenos Electricos Unidos SA - Product / Service
              • Exhibit 123: Frenos Electricos Unidos SA - Key offerings
            • 12.7 INDUSTRIAS ZELU SL
              • Exhibit 124: INDUSTRIAS ZELU SL - Overview
              • Exhibit 125: INDUSTRIAS ZELU SL - Product / Service
              • Exhibit 126: INDUSTRIAS ZELU SL - Key offerings
            • 12.8 KRISHNA CHEMICALS
              • Exhibit 127: KRISHNA CHEMICALS - Overview
              • Exhibit 128: KRISHNA CHEMICALS - Product / Service
              • Exhibit 129: KRISHNA CHEMICALS - Key offerings
            • 12.9 Nippon Steel Corp.
              • Exhibit 130: Nippon Steel Corp. - Overview
              • Exhibit 131: Nippon Steel Corp. - Business segments
              • Exhibit 132: Nippon Steel Corp. - Key offerings
              • Exhibit 133: Nippon Steel Corp. - Segment focus
            • 12.10 Regal Rexnord Corp.
              • Exhibit 134: Regal Rexnord Corp. - Overview
              • Exhibit 135: Regal Rexnord Corp. - Business segments
              • Exhibit 136: Regal Rexnord Corp. - Key offerings
              • Exhibit 137: Regal Rexnord Corp. - Segment focus
            • 12.11 Scania AB
              • Exhibit 138: Scania AB - Overview
              • Exhibit 139: Scania AB - Business segments
              • Exhibit 140: Scania AB - Key offerings
              • Exhibit 141: Scania AB - Segment focus
            • 12.12 Shandong Heavy Industry Group Co. Ltd.
              • Exhibit 142: Shandong Heavy Industry Group Co. Ltd. - Overview
              • Exhibit 143: Shandong Heavy Industry Group Co. Ltd. - Product / Service
              • Exhibit 144: Shandong Heavy Industry Group Co. Ltd. - Key offerings
            • 12.13 SORL Auto Parts Inc.
              • Exhibit 145: SORL Auto Parts Inc. - Overview
              • Exhibit 146: SORL Auto Parts Inc. - Product / Service
              • Exhibit 147: SORL Auto Parts Inc. - Key offerings
            • 12.14 TBK Co. Ltd.
              • Exhibit 148: TBK Co. Ltd. - Overview
              • Exhibit 149: TBK Co. Ltd. - Product / Service
              • Exhibit 150: TBK Co. Ltd. - Key offerings
            • 12.15 Telma SAS
              • Exhibit 151: Telma SAS - Overview
              • Exhibit 152: Telma SAS - Product / Service
              • Exhibit 153: Telma SAS - Key offerings
            • 12.16 Voith GmbH and Co. KGaA
              • Exhibit 154: Voith GmbH and Co. KGaA - Overview
              • Exhibit 155: Voith GmbH and Co. KGaA - Business segments
              • Exhibit 156: Voith GmbH and Co. KGaA - Key offerings
              • Exhibit 157: Voith GmbH and Co. KGaA - Segment focus
            • 12.17 ZF Friedrichshafen AG
              • Exhibit 158: ZF Friedrichshafen AG - Overview
              • Exhibit 159: ZF Friedrichshafen AG - Business segments
              • Exhibit 160: ZF Friedrichshafen AG - Key news
              • Exhibit 161: ZF Friedrichshafen AG - Key offerings
              • Exhibit 162: ZF Friedrichshafen AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 163: Inclusions checklist
                • Exhibit 164: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 165: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 166: Research methodology
                • Exhibit 167: Validation techniques employed for market sizing
                • Exhibit 168: Information sources
              • 13.5 List of abbreviations
                • Exhibit 169: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              commercial vehicle retarder market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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