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Global Wedge Brakes Market Research Report 2025
Synopsis
Unlike traditional air brakes, these brakes use wedge camshafts and slack adjusters to reduce weight.
The global Wedge Brakes market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Wedge Brakes is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Wedge Brakes is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Wedge Brakes include MGM Brakes, Axle Tech, Nabtesco, Meritor, Zhuji Zhuoyuanda Machinery, Zhejiang Orient Star Technology, TBK Group and Zhejiang Roadage Machinery, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Wedge Brakes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wedge Brakes.
Report Scope
The Wedge Brakes market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Wedge Brakes market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wedge Brakes manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
MGM Brakes
Axle Tech
Nabtesco
Meritor
Zhuji Zhuoyuanda Machinery
Zhejiang Orient Star Technology
TBK Group
Zhejiang Roadage Machinery
Segment by Type
Single Chamber Wedge Brakes
Double Chamber Wedge Brakes
Segment by Application
Commercial Heavy Vehicle
Military Heavy Vehicle
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Wedge Brakes manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Wedge Brakes by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Wedge Brakes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Unlike traditional air brakes, these brakes use wedge camshafts and slack adjusters to reduce weight.
The global Wedge Brakes market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Wedge Brakes is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Wedge Brakes is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Wedge Brakes include MGM Brakes, Axle Tech, Nabtesco, Meritor, Zhuji Zhuoyuanda Machinery, Zhejiang Orient Star Technology, TBK Group and Zhejiang Roadage Machinery, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Wedge Brakes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wedge Brakes.
Report Scope
The Wedge Brakes market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Wedge Brakes market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wedge Brakes manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
MGM Brakes
Axle Tech
Nabtesco
Meritor
Zhuji Zhuoyuanda Machinery
Zhejiang Orient Star Technology
TBK Group
Zhejiang Roadage Machinery
Segment by Type
Single Chamber Wedge Brakes
Double Chamber Wedge Brakes
Segment by Application
Commercial Heavy Vehicle
Military Heavy Vehicle
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Wedge Brakes manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Wedge Brakes by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Wedge Brakes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Wedge Brakes Market Overview
1.1 Product Definition
1.2 Wedge Brakes Segment by Type
1.2.1 Global Wedge Brakes Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Chamber Wedge Brakes
1.2.3 Double Chamber Wedge Brakes
1.3 Wedge Brakes Segment by Application
1.3.1 Global Wedge Brakes Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Commercial Heavy Vehicle
1.3.3 Military Heavy Vehicle
1.4 Global Market Growth Prospects
1.4.1 Global Wedge Brakes Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Wedge Brakes Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Wedge Brakes Production Estimates and Forecasts (2019-2030)
1.4.4 Global Wedge Brakes Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Wedge Brakes Production Market Share by Manufacturers (2019-2024)
2.2 Global Wedge Brakes Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Wedge Brakes, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Wedge Brakes Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Wedge Brakes Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Wedge Brakes, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Wedge Brakes, Product Offered and Application
2.8 Global Key Manufacturers of Wedge Brakes, Date of Enter into This Industry
2.9 Wedge Brakes Market Competitive Situation and Trends
2.9.1 Wedge Brakes Market Concentration Rate
2.9.2 Global 5 and 10 Largest Wedge Brakes Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Wedge Brakes Production by Region
3.1 Global Wedge Brakes Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Wedge Brakes Production Value by Region (2019-2030)
3.2.1 Global Wedge Brakes Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Wedge Brakes by Region (2025-2030)
3.3 Global Wedge Brakes Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Wedge Brakes Production by Region (2019-2030)
3.4.1 Global Wedge Brakes Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Wedge Brakes by Region (2025-2030)
3.5 Global Wedge Brakes Market Price Analysis by Region (2019-2024)
3.6 Global Wedge Brakes Production and Value, Year-over-Year Growth
3.6.1 North America Wedge Brakes Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Wedge Brakes Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Wedge Brakes Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Wedge Brakes Production Value Estimates and Forecasts (2019-2030)
4 Wedge Brakes Consumption by Region
4.1 Global Wedge Brakes Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Wedge Brakes Consumption by Region (2019-2030)
4.2.1 Global Wedge Brakes Consumption by Region (2019-2024)
4.2.2 Global Wedge Brakes Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Wedge Brakes Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Wedge Brakes Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Wedge Brakes Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Wedge Brakes Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Wedge Brakes Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Wedge Brakes Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Wedge Brakes Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Wedge Brakes Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Wedge Brakes Production by Type (2019-2030)
5.1.1 Global Wedge Brakes Production by Type (2019-2024)
5.1.2 Global Wedge Brakes Production by Type (2025-2030)
5.1.3 Global Wedge Brakes Production Market Share by Type (2019-2030)
5.2 Global Wedge Brakes Production Value by Type (2019-2030)
5.2.1 Global Wedge Brakes Production Value by Type (2019-2024)
5.2.2 Global Wedge Brakes Production Value by Type (2025-2030)
5.2.3 Global Wedge Brakes Production Value Market Share by Type (2019-2030)
5.3 Global Wedge Brakes Price by Type (2019-2030)
6 Segment by Application
6.1 Global Wedge Brakes Production by Application (2019-2030)
6.1.1 Global Wedge Brakes Production by Application (2019-2024)
6.1.2 Global Wedge Brakes Production by Application (2025-2030)
6.1.3 Global Wedge Brakes Production Market Share by Application (2019-2030)
6.2 Global Wedge Brakes Production Value by Application (2019-2030)
6.2.1 Global Wedge Brakes Production Value by Application (2019-2024)
6.2.2 Global Wedge Brakes Production Value by Application (2025-2030)
6.2.3 Global Wedge Brakes Production Value Market Share by Application (2019-2030)
6.3 Global Wedge Brakes Price by Application (2019-2030)
7 Key Companies Profiled
7.1 MGM Brakes
7.1.1 MGM Brakes Wedge Brakes Corporation Information
7.1.2 MGM Brakes Wedge Brakes Product Portfolio
7.1.3 MGM Brakes Wedge Brakes Production, Value, Price and Gross Margin (2019-2024)
7.1.4 MGM Brakes Main Business and Markets Served
7.1.5 MGM Brakes Recent Developments/Updates
7.2 Axle Tech
7.2.1 Axle Tech Wedge Brakes Corporation Information
7.2.2 Axle Tech Wedge Brakes Product Portfolio
7.2.3 Axle Tech Wedge Brakes Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Axle Tech Main Business and Markets Served
7.2.5 Axle Tech Recent Developments/Updates
7.3 Nabtesco
7.3.1 Nabtesco Wedge Brakes Corporation Information
7.3.2 Nabtesco Wedge Brakes Product Portfolio
7.3.3 Nabtesco Wedge Brakes Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Nabtesco Main Business and Markets Served
7.3.5 Nabtesco Recent Developments/Updates
7.4 Meritor
7.4.1 Meritor Wedge Brakes Corporation Information
7.4.2 Meritor Wedge Brakes Product Portfolio
7.4.3 Meritor Wedge Brakes Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Meritor Main Business and Markets Served
7.4.5 Meritor Recent Developments/Updates
7.5 Zhuji Zhuoyuanda Machinery
7.5.1 Zhuji Zhuoyuanda Machinery Wedge Brakes Corporation Information
7.5.2 Zhuji Zhuoyuanda Machinery Wedge Brakes Product Portfolio
7.5.3 Zhuji Zhuoyuanda Machinery Wedge Brakes Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Zhuji Zhuoyuanda Machinery Main Business and Markets Served
7.5.5 Zhuji Zhuoyuanda Machinery Recent Developments/Updates
7.6 Zhejiang Orient Star Technology
7.6.1 Zhejiang Orient Star Technology Wedge Brakes Corporation Information
7.6.2 Zhejiang Orient Star Technology Wedge Brakes Product Portfolio
7.6.3 Zhejiang Orient Star Technology Wedge Brakes Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Zhejiang Orient Star Technology Main Business and Markets Served
7.6.5 Zhejiang Orient Star Technology Recent Developments/Updates
7.7 TBK Group
7.7.1 TBK Group Wedge Brakes Corporation Information
7.7.2 TBK Group Wedge Brakes Product Portfolio
7.7.3 TBK Group Wedge Brakes Production, Value, Price and Gross Margin (2019-2024)
7.7.4 TBK Group Main Business and Markets Served
7.7.5 TBK Group Recent Developments/Updates
7.8 Zhejiang Roadage Machinery
7.8.1 Zhejiang Roadage Machinery Wedge Brakes Corporation Information
7.8.2 Zhejiang Roadage Machinery Wedge Brakes Product Portfolio
7.8.3 Zhejiang Roadage Machinery Wedge Brakes Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Zhejiang Roadage Machinery Main Business and Markets Served
7.7.5 Zhejiang Roadage Machinery Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Wedge Brakes Industry Chain Analysis
8.2 Wedge Brakes Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Wedge Brakes Production Mode & Process
8.4 Wedge Brakes Sales and Marketing
8.4.1 Wedge Brakes Sales Channels
8.4.2 Wedge Brakes Distributors
8.5 Wedge Brakes Customers
9 Wedge Brakes Market Dynamics
9.1 Wedge Brakes Industry Trends
9.2 Wedge Brakes Market Drivers
9.3 Wedge Brakes Market Challenges
9.4 Wedge Brakes Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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