Global Tractor Brakes Market 2023-2030

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    • Generally, many countries have mandated braking rules for tractors with international rule “UN ECE” regulations on various braking parameters.
    • Europe has test authorities who offer certification services across the world. So that manufacturers can obtain certifications done in the country of manufacture.
    • The U.S government has mandated the requirement of Electronic Stability Control (ESC) on heavy tractors to get the benefit of full-stability technology and mitigate rollover and loss of control.
    • Indian road transport authority has formulated the standard (AIS-043) “Requirement of Braking System and Performance Requirements for the Combination of Agricultural Tractor and Trailer”.
    • OEMs are developing specialized solutions for every requirement: braking systems will continue to offer improved performance, reduced maintenance and, ultimately, greater productivity.


    The primary objective of the braking system in heavy machinery is to have control over heavy loads during operation and having specific braking performance characteristics during either normal driving/work-site.


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    The performance demand of these environments indicates a need for uniform and higher braking performance levels to be achieved by Tractors. Most of the compact and heavy tractors have oil-cooled multi-disc brakes.


    The oil used helps to keep the multiple discs cool while running. By preventing overheating in the friction plates, machines can run successfully and efficiently in even heavy-duty applications and rugged conditions.


    A higher level of technology when introduced in the North American market, resulted in a positive impact over the market. However, there were some headwinds in the manufacturing supply chain. While wet brakes are inherently less effective than dry brakes, this is a compromise that has been developed to meet the specific demands of farm applications.


    As agricultural machinery manufacturers have been increasingly turning to disc brake technology from past decades, thus significantly increasing the braking performance by an increment in brake torque, improved efficiency and reduction in maintenance requirements.


    The superior performance means brakes will require far fewer replacements than traditional brakes. An average replacement cost is high for traditional brakes. When wet disc brakes can have a lifespan up to 4 times longer, they are expected to save around 4 times in savings over the lifetime of the product compared to traditional brakes. Subsequently, wet disc brakes have a high market share across the globe.


    As manufacturers will work more closely with end-users, As the End-users are prioritizing long-term value and more than ever before, considering the ‘Total Cost of Ownership’ above the upfront cost of components.




    The global tractor brakes market is estimated at $XX Million in 2022 and growing at XX% CAGR till 2030.





    Customers want to buy a complete machine, rather than buy the best-of-variety elements and design and assemble the system themselves. The service no longer ends once the brake is shipped, and suppliers are offering value-added services, such as installation and service support to set them apart in a climate of increased competition from developing economies.


    Recently Caterpillar introduced two-engine designs, both meeting stringent U.S. EPA Tier 4 Final/EU Stage V emissions standards and along with technological advancements, they have installed new hydraulic disc brakes to improve braking performance and reduce maintenance.


    AGCO Corporation debuts the FendtONE operator interface to North American growers along with the Fendt 700 Gen6 Series premium high-horsepower tractors including pneumatic cab suspension options for the VisioPlus cab and pneumatic braking.





    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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