Automotive slack adjuster is a main component that keeps the brake shoes at the proper distance from the surface of the brake drums. As the brake shoes and the brake drums wear down, the automatic slack adjusters will automatically adjust the brake shoes so that the shoes remain at the proper distance from the drums. If the brake shoes lock up within the brake drums, the automatic slack adjusters must be manually adjusted to release the brakes.
This report contains market size and forecasts of Automotive Slack Adjuster in global, including the following market information:
Global Automotive Slack Adjuster Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Slack Adjuster Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Slack Adjuster companies in 2021 (%)
The global Automotive Slack Adjuster market was valued at 739.8 million in 2021 and is projected to reach US$ 844.8 million by 2028, at a CAGR of 1.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Automotive Slack Adjuster Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Slack Adjuster include Haldex AB, Meritor, Bendix, MEI, Wabco, Accuride, Stemco, TBK and Febi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Slack Adjuster manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Slack Adjuster Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Slack Adjuster Market Segment Percentages, by Type, 2021 (%)
Automotive Slack Adjuster
Manual Slack Adjuster
Global Automotive Slack Adjuster Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Slack Adjuster Market Segment Percentages, by Application, 2021 (%)
Bus
Truck
Others
Global Automotive Slack Adjuster Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Slack Adjuster Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Slack Adjuster revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Slack Adjuster revenues share in global market, 2021 (%)
Key companies Automotive Slack Adjuster sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Slack Adjuster sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Haldex AB
Meritor
Bendix
MEI
Wabco
Accuride
Stemco
TBK
Febi
Aydinsan
Longzhong
Zhejiang Vie
Roadage
Hubei Aosida
Zhejiang Aodi
Suzhou Renhe
Ningbo Heli