Global and China Relay Valve Market Insights, Forecast to 2027

A relay valve is an air-operated valve typically used in air brake systems to remotely control the brakes at the rear of a heavy truck or semi-trailer in a tractor-trailer combination. Relay valves are necessary in heavy trucks in order to speed-up rear-brake application and release, since air takes longer to travel to the rear of the vehicle than the front of the vehicle, where the front service brakes, foot-valve, parking-control valve, and trailer-supply valve (if applicable) are located.
The relay valve within a vehicle is an air pressure operated device that collects signals from the driver when they apply the brake. It is commonly found on larger vehicles, such as buses and tractor trailers, because of their size. The velocity that is built up behind these vehicles is substantially higher than an average vehicle would be, so in order to stop properly a special braking system must be in place.

Market Analysis and Insights: Global and China Relay Valve Market
This report focuses on global and China Relay Valve market.
In 2020, the global Relay Valve market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In China the Relay Valve market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Relay Valve Scope and Market Size
Relay Valve market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Relay Valve market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Relay Valve market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Crack Pressure: <2 Psig
Crack Pressure: 2-4 Psig
Crack Pressure: >4 Psig

Segment by Application
Bus
Tractor
Trailer
Truck
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Bendix
Haldex
Meritor
Northstar
Pro Trucking Products
Sealco
WABCO
Fleet Products Ltd
Zibo Invalides Auto Parts
Jingjiang Dacheng Automation Engineering