An industrial brake is a device, that absorbs the kinetic energy of moving bodies and thus controls their motion, is used to stop a rotating inertia load or to hold a component in a specific position without motion.
This report contains market size and forecasts of Industrial Brakes in global, including the following market information:
Global Industrial Brakes Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Industrial Brakes Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Industrial Brakes companies in 2021 (%)
The global Industrial Brakes market was valued at 2302.8 million in 2021 and is projected to reach US$ 2995.4 million by 2028, at a CAGR of 3.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Disc Brakes Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Industrial Brakes include Altra, Eaton, CBF, Akebono Brake, Huawu, Jingu Brake, Pintsch Bubenzer, SANYO SHOJI and SIBRE, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Brakes 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 Industrial Brakes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Industrial Brakes Market Segment Percentages, by Type, 2021 (%)
Disc Brakes
Drum Brakes
Others
Global Industrial Brakes Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Industrial Brakes Market Segment Percentages, by Application, 2021 (%)
Material Handling
Mining
Lifts and Escalators
Energy
Marine and Shipping
Others
Global Industrial Brakes Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Industrial Brakes Market Segment Percentages, By Region and Country, 2021 (%)
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 Industrial Brakes revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Industrial Brakes revenues share in global market, 2021 (%)
Key companies Industrial Brakes sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Industrial Brakes sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Altra
Eaton
CBF
Akebono Brake
Huawu
Jingu Brake
Pintsch Bubenzer
SANYO SHOJI
SIBRE
Jiaozuo Changjiang Brake
Antec
GEMCO
Jiaozuo Brake
Shanghai Borui
Wulong
Tolomatic