Lucintel Forecasts the Global Heavy Truck Hydraulic Retarder Market is expected to grow with a CAGR of 3.5% from 2024 to 2030
Lucintel Forecasts the Global Heavy Truck Hydraulic Retarder Market is expected to grow with a CAGR of 3.5% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global heavy truck hydraulic retarder market looks promising with opportunities in the parallel hydraulic retarder, tandem hydraulic retarder, and independent hydraulic retarder markets. The global heavy truck hydraulic retarder market is expected to grow with a CAGR of 3.5% from 2024 to 2030. The major drivers for this market are the increasing demand for heavy trucks with improved braking performance, the expansion of the logistics and transportation industry, and growing regulatory mandates for enhanced vehicle safety.
A more than 150-page report to understand trends, opportunity and forecast in heavy truck hydraulic retarder market to 2030 by type (parallel hydraulic retarder, tandem hydraulic retarder, and independent hydraulic retarder), application (12-20 ton truck, 20-30 ton truck, and over 30 ton truck), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, 12-20 ton truck is expected to witness the highest growth over the forecast period.
Within the application category, parallel hydraulic retarder is expected to witness the highest growth.
In terms of regions, APAC is expected to witness the highest growth over the forecast period.
Download sample by clicking on heavy truck hydraulic retarder market
Voith, ZF, Scania, Jacobs Vehicle Systems, Shaanxi Fast Auto Drive, Allison Transmission, Telma, Ningbo Huasheng Auto Parts, Industrias Zelu S.L. Klam, Frenelsa are the major suppliers in the heavy truck hydraulic retarder market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
Explore Our Latest Publications
Recliner Sofa Market
Table Saw Market
Tableau Service Market
Cake Cup Market
Food Grade PEEK Profile Market