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Rising Need for Safety and Stability Boosting Growth in the Trailer Surge Brake Market | Future Market Insights, Inc. [Yahoo! Finance]

Titan International, Inc. (DE) (TWI) 
Last titan international, inc. (de) earnings: 3/4 05:59 am Check Earnings Report
US:NYSE Investor Relations: ir.titan-intl.com/home/default.aspx
Company Research Source: Yahoo! Finance
The growing popularity of another advanced type of braking system is predicted to keep the sales of trailer surge brake systems at a moderate level. The demand for trailer surge brakes in North America is under a similar fate as the other brakes are getting preferred more by high-end vehicles. NEWARK, DE / ACCESSWIRE / November 27, 2024 / The global trailer surge brake market is expected to reach a valuation of USD 6,264.9 million in 2024 and is projected to expand at a CAGR of 3.2% over the forecast period, ultimately attaining USD 8,584.4 million by 2034. The growing emphasis on safety and control during trailer towing is a key driver of market growth. Trailer surge brakes provide smooth braking performance while reducing the likelihood of trailer sway, ensuring a safer towing experience. The increasing popularity of recreational activities like boating, camping, and hauling further boosts the demand for these brakes. As an integral part of towing systems, surge brakes signifi Show less Read more
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