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Automotive Slack Adjuster Market, Global Outlook and Forecast 2023-2029

Automotive Slack Adjuster Market, Global Outlook and Forecast 2023-2029

  • Published on : 21 March 2023
  • Pages :113
  • Report Code:SMR-7607684

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Report overview

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 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. This report 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:
Global Automotive Slack Adjuster Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Slack Adjuster Market Segment Percentages, by Type, 2022 (%)
  • Automotive Slack Adjuster
  • Manual Slack Adjuster
Global Automotive Slack Adjuster Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Slack Adjuster Market Segment Percentages, by Application, 2022 (%)
  • Bus
  • Truck
  • Others
Global Automotive Slack Adjuster Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Slack Adjuster Market Segment Percentages, By Region and Country, 2022 (%)
  • 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, 2018-2023 (Estimated), ($ millions)
  • Key companies Automotive Slack Adjuster revenues share in global market, 2022 (%)
  • Key companies Automotive Slack Adjuster sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Automotive Slack Adjuster sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Haldex
  • Meritor
  • Bendix
  • MEI Brakes
  • ZF (Wabco)
  • Accuride
  • Stemco
  • TBK
  • Febi
  • Aydinsan
  • Longzhong
  • Zhejiang VIE Science & Technology
  • Zhejiang Lujie Machinery
  • Zhejiang Aodi Machinery Manufacturing
  • Ningbo Heli Brake Systems
  • Zhejiang VOB Technology
Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Automotive Slack Adjuster, market overview.
  • Chapter 2: Global Automotive Slack Adjuster market size in revenue and volume.
  • Chapter 3: Detailed analysis of Automotive Slack Adjuster manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: 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 5: 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 6: Sales of Automotive Slack Adjuster 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 of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Automotive Slack Adjuster capacity by region & country.
  • 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: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.