Truck Rear Hydraulic Retarders, Global Market Size Forecast, Top 11 Players Rank and Market Share | |
Truck Rear Hydraulic Retarders Market Summary The hydraulic retarder uses vanes that spin in a chamber filled with hydraulic fluid. When the truck driver releases the accelerator pedal, the transmission fluid flows into the retarder chamber, causing the vanes to rotate. As the vanes spin, the hydraulic fluid experiences resistance, turning the vehicle's kinetic energy into heat. This heat is then dissipated through a cooling system. The main advantage of rear hydraulic retarders is their ability to handle high torque levels, making them particularly suitable for heavy-duty trucks or vehicles operating in mountainous terrains. They provide additional braking power and reduce wear and tear on traditional braking systems, such as the brake pads and disks. According to the new market research report “Global Truck Rear Hydraulic Retarders Market Report 2023-2029”, published by QYResearch, the global Truck Rear Hydraulic Retarders market size is projected to reach USD 1495 million by 2029, at a CAGR of 5.9% during the forecast period. The global key manufacturers of Truck Rear Hydraulic Retarders include Voith, ZF, Scania, Jacobs Vehicle ystems Vehicle Systems, Shaanxi Fast Auto Drive, Allison Transmission, Telma, Ningbo huasheng auto parts, Klamre, Frenelsa, etc. In 2022, the global top five players had a share approximately 85.0% in terms of revenue. In terms of product type, Parallel Hydraulic Retarders is the largest segment, hold a share of 49.2%.In terms of product application, currently 18-55 Tons is the largest segment, hold a share of 62.8%. About The Authors Gege Wu Lead Author Email: wugege@qyresearch.com Tel: +86-15516975783 About QYResearch QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future. QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc. | |
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