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Trailer Surge Brake Market Share : Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Growth Forecasts to 2031

03-21-2023 02:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Trailer Surge Brake Market Share : Global Key Findings, Industry

New York, Global Trailer Surge Brake Market report from Global Insight Services is the single authoritative source of intelligence on Trailer Surge Brake Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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A trailer surge brake is a type of braking system that uses hydraulic pressure to engage the brakes when the trailer is disconnected from the towing vehicle. The surge brake is activated by a surge valve that is mounted on the trailer tongue. When the trailer is disconnected from the towing vehicle, the surge valve opens and allows hydraulic fluid to flow into the brakes, engaging them.

Key Trends

There has been a recent trend in the trailer surge brake technology industry towards more advanced and reliable brakes. This has been driven by the need for trailers to be able to safely and effectively stop in a variety of different conditions, including wet weather and on uneven surfaces.

One of the key trends is the development of electric trailer brakes. These brakes are powered by an electric motor, rather than hydraulics, and are therefore more reliable and easier to maintain. Electric trailer brakes are also more effective at stopping a trailer in a shorter distance, which is important for safety.

Another key trend is the development of wireless trailer brakes. These brakes are operated by a wireless controller, which can be mounted on the tow vehicle. This allows the driver to operate the brakes from inside the vehicle, without having to physically touch the trailer.

Finally, there has been a trend towards more sophisticated anti-lock braking systems (ABS). ABS systems help to prevent the wheels from locking up during braking, which can lead to skidding and accidents. Trailer ABS systems are becoming more common, as they offer an extra level of safety for trailer users.

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Market Segmentation

The Trailer Surge Brake Market is segmented by type, application and region. By type, the market is classified into drum brake, surge brake, disc brake and hydraulic brake. By application, the market is divided into marine trailer, automobile semi-trailer, automobile full trailer, RV trailer and utility trailer. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.

Key Players

The key players in the Trailer Surge Brake Market are Dexter Axle Company, Curt Manufacturing, LLC, Demco, Musashi Auto Parts India Pvt Ltd., Heritage Custom Trailers, PJ Trailers, Croft Trailer Supply, Lippert Components Inc., Atwood, and Rigid Hitch.

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Key Drivers

The key drivers of the trailer surge brake market are the rise in demand for trailer surge brakes from the automotive industry and the increase in the production of automobiles globally. The automotive industry is the largest end-user of trailer surge brakes. The surge brakes are used in trailers to prevent the trailer from jackknifing. The trailer surge brakes are also used in heavy-duty vehicles such as buses and trucks.

The other key drivers of the trailer surge brake market are the stringent government regulations regarding the safety of vehicles and the increase in the number of road accidents globally. The trailer surge brakes are considered as a safety device and are mandatory in some countries. The government regulations regarding the safety of vehicles are expected to drive the growth of the trailer surge brake market.

The increase in the number of road accidents is another key driver of the trailer surge brake market. The trailer surge brakes are effective in reducing the severity of accidents.

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With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

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Global Insight Services LLC
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E-mail: info@globalinsightservices.com
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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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