The global Industrial Brakes market was valued at 2241.76 Million USD in 2021 and will grow with a CAGR of 3.36% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A 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.First, for industry structure analysis, the Industrial Brakes Industry is not concentrate. The top five manufactures account for about 35.81% of the Revenue (M USD) market in 2015. Regionally, Asia is the biggest sales area of Industrial Brakes, also the leader in the whole Industrial Brakes. Second, the Global Consumption of Industrial Brakes decreases from 2613.34 K Units in 2015 to 2584.85 K Units in 2016, with an average growth rate of 1.94%. Third, China occupied 27.31% of the sales volume market in 2015. It is followed by Europe and North America, which respectively have around 24.98% and 22.09% of the global total industry. Other countries have a small amount of sales volume. Fourth, for Price (USD/Unit）trend analysis, a key variable in the performance of Industrial Brakes producers is raw material costs, specifically the speed at which any increase can be passed through to customers. Fifth, for forecast, the global Industrial Brakes sales (K Units) would keep increasing with annual growth rate with 2~3%. We tend to believe that this industry still has a bright future, considering the current demand of Industrial Brakes. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies.

By Market Verdors:

Altra

Eaton

CBF

Akebono Brake

Huawu

Jingu Brake

Pintsch Bubenzer

SANYO SHOJI

SIBRE

Jiaozuo Changjiang Brake

Antec

GEMCO

Jiaozuo Brake

Shanghai Borui

Wulong

Tolomatic

By Types:

Disc Brakes

Drum Brakes

By Applications:

Material Handling

Mining

Lifts and Escalators

Energy

Marine and Shipping

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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