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Download Free sampleAutomotive 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.
Automotive Slack Adjuster Market aims to provide a comprehensive presentation of the global market for Automotive Slack Adjuster, 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 Automotive Slack Adjuster. Automotive Slack Adjuster Market contains market size and forecasts of Automotive Slack Adjuster in global, including the following market information:
Global Automotive Slack Adjuster Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Slack Adjuster Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive Slack Adjuster companies in 2022 (%)
The global Automotive Slack Adjuster market was valued at US$ 739.8 million in 2022 and is projected to reach US$ 844.8 million by 2029, at a CAGR of 1.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive Slack Adjuster key players include Haldex AB, Meritor, MEI, Bendix, Wabco, etc. Global top five manufacturers hold a share over 55%.
Asia is the largest market, with a share over 35%, followed by North America and EU, both have a share over 60%.
In terms of product, Automotive Slack Adjuster is the largest segment, with a share over 65%. And in terms of application, the largest application is Truck, followed by Bus, etc.
We 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:
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