Industrial Brakes Market Size, Scope, and Share by 2031
Industrial Brakes Market: Strategic Insights
Industrial Brakes Market
-
CAGR (2023 - 2031)5.9% -
Market Size 2023
US$ 1.30 Billion -
Market Size 2031
US$ 2.05 Billion
Market Dynamics
GROWTH DRIVERS
- Growth of Global Manufacturing Sector
FUTURE TRENDS
- Stringent Rules and Regulations Related to Industrial Machinery
OPPORTUNITIES
- Developments in Industrial Braking Technology
Key Players
- Akebono Brake Industry Co Ltd
- Altra Industrial Motion Corporation
- Ametek Inc
- Aplicaci n Nuevas Tecnolog as Antec SAU
- Dellner Bubenzer Germany GmbH
- Hilliard Corporation
- Kobelt Manufacturing Co Ltd
- KOR PAK Corporation
- Ringspann GmbH and Tolomatic Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Mechanically Applied Brakes
- Hydraulically Applied Brakes
- Pneumatically Applied Brakes
- Electrically Applied Brakes
Application
- Holding Brakes
- Dynamic and Emergency Brakes
- Tension Brakes
Industry Vertical
- Manufacturing
- Metal and Mining
- Construction
- Power Generation
- Marine and Shipping