The Global Engine Brake Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
This report studies the Engine Brake market, general is compression release brake or exhaust brake.
A compression release brake (also known as a Jacobs brake or “jake brake”), is the type of brake most commonly confused with real engine braking; it is used mainly in large diesel trucks and works by opening the exhaust valves at the top of the compression stroke, resulting in adiabatic expansion of the compressed air, so the large amount of energy stored in that compressed air is not returned to the crankshaft, but is released into the atmosphere.
According to this study, over the next five years the Engine Brake market will register a 6.2% CAGR in terms of revenue, the global market size will reach US$ 890 million by 2024, from US$ 620 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Engine Brake business, shared in Chapter 3.
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The key manufacturers covered in this report:
Segmentation by product type:
- Compression Release Brake
- Exhaust Brake
Segmentation by application:
- Below 11 MT
- 11-15 MT
- Above 15 MT
This report also splits the market by region:
- United States
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- To study and analyze the global Engine Brake consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Engine Brake market by identifying its various subsegments.
- Focuses on the key global Engine Brake manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Engine Brake with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Engine Brake submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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