Industrial Brakes Market Size and Share with Trends by 2028

    Industrial Brakes Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Mechanically Applied Brakes, Hydraulically Applied Brakes, Pneumatically Applied Brakes, Electrically Applied Brakes, and Others), Application (Holding Brakes, Dynamic and Emergency Brakes, and Tension Brakes), and Industry Vertical (Manufacturing, Metal and Mining, Construction, Power Generation, Marine and Shipping, and Others)

    Publication Month: Nov 2021 | Report Code: TIPRE00007789 | No. of Pages: 136 | Category: Manufacturing and Construction | Status: Published

    The industrial brakes market is expected to grow from US$ 1,234.22 million in 2021 to US$ 1,816.70 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028.

    Industrial brake is a frictional device used to halt a spinning inertia load or to retain a component in a fixed position. In most cases, the inertia load is caused by many spinning components that must be halted. To slow anything down, they transform the kinetic energy created by friction between two surfaces into heat. Industrial brakes differ from car brakes in that they are used in a variety of industrial machines. Industrial brakes work in all-weather situations, require less maintenance owing to fewer moving components, and are easy to modify for various applications. During the forecast period, all of these reasons are likely to boost the demand for industrial brakes across the world.

    Industrial brakes provide numerous benefits, one of which is the low number of parts and spares needed. Other benefits include easy hygiene owing to the one-piece design, a high return on investment due to the extended life of industrial brakes, and the ability to work in harsh situations. Additionally, growing industrialization and increasing government investments in the industrial sectors to promote output are expected to have a substantial influence on the industrial brakes market during the projected period.

    Strategic Insights

    Brakes facilitate desired motion across various industries by offering the necessary velocity, acceleration, and deceleration to the industrial equipment. They also aid in the holding and lifting of big payloads in manufacturing plant operations. The industrial brakes business benefits from increased activity in the construction, metals and mining, and manufacturing industries. Service brakes, emergency brakes, thruster brakes, and electromagnetic brakes, among others, are in high demand in the steel industry. Industrial brake manufacturers are increasing the output capacity of electromagnetic and hydraulic brakes used in nuclear power plants. In the construction industry, disc and drum brakes are preferred. The availability of technology-driven solutions in automated brakes is further expected to propel the industrial brakes market growth.

    Impact of COVID-19 Pandemic on Industrial Brakes Market

    North America has the highest rate of adoption and advancement of new technologies due to favorable government policies to boost innovation and strengthen infrastructure capabilities. As a result, any effects on industries are expected to have a negative impact on the region's economic growth. Due to the COVID-19 pandemic-driven shutdowns, segment recoveries have been nonuniform across various manufacturing industries. Some manufacturers have experienced forced work stoppages or supply disruption, pulling down capacity utilization rates and impairing productivity. However, the implementation of digital twin, i.e., a digital representation of a physical thing, like production process or physical production environment, has enabled manufacturing units across North America to virtually simulate the product, and its production and performance in the real world. Thus, the adoption of mechanical equipment in manufacturing processes across different industries in North America has the potential to mitigate the historic losses in productivity and output of manufacturers, thereby neutrally affecting the industrial brakes market in the region.

    Lucrative Regions for Industrial Brakes Market

    Lucrative Regions for Industrial Brakes Market

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    Market Insight

    Stringent Rules and Regulations Related to Industrial Machinery

    Machines are necessary for the production process, but mishaps during their operations can result in burns, blindness, and amputation. Safeguarding, standardizing operating procedures, and thorough training may assist in keeping the staff safe and secure. Governments and organizations across the world are transforming their operations by implementing emission and safety standards in production facilities. The Occupational Safety and Health Administration (OSHA) fines for the infraction of safety standards totaled more than US$ 50 million in the fiscal year 2018. As a result, the US government is developing a long-term regulatory road plan for the flourishment of manufacturing sector, escalating its contribution to the GDP.

    Application Segment Insights

    Based on application, the industrial brakes market is segmented into holding brakes, dynamic and emergency brakes, and tension brakes. Motor holding brakes are responsible for maintaining the motor's position when the power stage is turned off. The holding brake is neither a safety feature nor a maintenance brake. This brake is used in factory automation, medical equipment, elevators and escalators, construction equipment, robotics, and machine tool equipment. Many companies offer holding brakes for various applications and industrial environments. For example, Vortex Engineering Works provides spring holding brakes for operations in the textile industry. The brakes offered by the company are rigorously tested for different parameters. To comply with market standards, Vortex Engineering Works provides these brakes in a variety of configurations, as per the specific needs of applications.

    Industrial Brakes Market, by Application (% Share)

    Industrial Brakes Market, by Application (% Share)

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    Type Segment Insights

    Based on type, the global industrial brakes market is segmented into mechanically applied brakes, hydraulically applied brakes, pneumatically applied brakes, electrically applied brakes, and others. A hydraulic brake transfer pressure from the regulating device to the braking system using brake fluid, which commonly contains glycol ethers or diethylene glycol. When the brake pedal is squeezed in a hydraulic brake system, a pushrod applies force on the master cylinder piston/pistons, forcing fluid from the brake fluid reservoir to flow into a pressure chamber through a compensating port. As a consequence, the pressure of the entire hydraulic system rises, driving the fluid down the hydraulic lines to one or more calipers, where the brakes works on one or more caliper pistons sealed by one or more seated O-rings (which prevent leakage of the fluid).

    Industry Vertical Segment Insights

    Based on industry vertical, the global industrial brakes market is segmented into manufacturing, metal and mining, construction, power generation, marine and shipping, and others. The manufacturing sector employs various machinery and engines running on motors, and brakes play an important role in their functioning. As manufacturing machines are expensive, braking systems play an important role for manufacturers. Braking patterns are progressively affecting not only compounders, but also manufacturers. Various standards are being introduced to ensure the emission of less pollutants from friction materials. In cities, fine particulate emissions are becoming a huge concern. Furthermore, as a part of Industry 4.0, new machines and techniques are being introduced, which is likely to boost the demand for modern industrial brakes in the coming years.

    The industrial brakes market players focus on new product innovations and developments by integrating advanced technologies and features to compete with the competitors. In January 2020, Altra Industrial Motion Corp., a specialist in advanced brake technology for industrial applications, commissioned two complex installations to increase the safety and dependability of mine hoists at the Cayuga Mine, owned by Cargill Deicing Technology in central New York State, USA.

    Industrial Brakes Market – by Type

    • Mechanically Applied Brakes
    • Hydraulically Applied Brakes
    • Pneumatically Applied Brakes
    • Electrically Applied Brakes
    • Others

    Industrial Brakes Market – by Application

    • Holding Brakes
    • Dynamic and Emergency Brakes
    • Tension Brakes

    Industrial Brakes Market – by Industry Vertical

    • Manufacturing
    • Metal and Mining
    • Construction
    • Power Generation
    • Marine and Shipping
    • Others

    Industrial Brakes Market – by Geography

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • Italy
      • UK
      • Russia
      • Rest of Europe
    • Asia Pacific (APAC)
      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC
    • Middle East & Africa (MEA)
      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA
    • South America (SAM)
      • Brazil
      • Argentina
      • Rest of SAM

    Industrial Brakes Market – Company Profiles

    • Akebono Brake Industry Co., Ltd.
    • Altra Industrial Motion Corp.
    • AMETEK Inc.
    • Carlisle Companies Incorporated
    • Coremo Ocmea S.p.A.
    • DELLNER BUBENZER
    • Eaton Corporation plc
    • ADVICS CO.,LTD.
    • RINGSPANN GmbH
    • SIBRE Siegerland Bremsen GmbH
    • Jiangxi Huawu Brake Co., Ltd.
    • Emco Precima Engineering Pvt Ltd.
    • KTR Systems GmbH

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    2. Key Takeaways

    3. Research Methodology

    3.1 Coverage

    3.2 Secondary Research

    3.3 Primary Research

    4. Industrial Brakes Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America PEST Analysis

    4.2.2 Europe – PEST Analysis

    4.2.3 Asia Pacific PEST Analysis

    4.2.4 Middle East & Africa PEST Analysis

    4.2.5 South America PEST Analysis

    4.3 Ecosystem Analysis

    4.4 Expert Opinion

    5. Industrial Brakes Market – Key Market Dynamics

    5.1 Key Market Drivers

    5.1.1 Growth of Global Manufacturing Sector

    5.1.2 Stringent Rules and Regulations Related to Industrial Machinery

    5.2 Key Market Restraints

    5.2.1 Concern Regarding Raw Materials Used in Brake Manufacturing

    5.3 Key Market Opportunities

    5.3.1 Developments in Industrial Braking Technology

    5.4 Future Trends

    5.4.1 Smart Industrial Brakes

    5.5 Impact Analysis of Drivers and Restraints

    6. Industrial Brakes Market – Global Analysis

    6.1 Industrial Brakes Market Global Overview

    6.2 Industrial Brakes Market – Global Revenue and Forecast to 2028 (US$ Million)

    6.3 Market Positioning – Five Key Players

    7. Industrial Brakes Market Analysis – By Type

    7.1 Overview

    7.2 Industrial Brakes Market, By Type (2020 and 2028)

    7.3 Mechanically Applied Brakes

    7.3.1 Overview

    7.3.2 Mechanically Applied Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    7.4 Hydraulically Applied Brakes

    7.4.1 Overview

    7.4.2 Hydraulically Applied Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    7.5 Pneumatically Applied Brakes

    7.5.1 Overview

    7.5.2 Pneumatically Applied Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    7.6 Electrically Applied Brakes

    7.6.1 Overview

    7.6.2 Electrically Applied Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    7.7 Others

    7.7.1 Overview

    7.7.2 Others: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    8. Industrial Brakes Market – By Application

    8.1 Overview

    8.2 Industrial Brakes Market, by Application (2020 and 2028)

    8.3 Holding Brakes

    8.3.1 Overview

    8.3.2 Holding Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    8.4 Dynamic and Emergency Brakes

    8.4.1 Overview

    8.4.2 Dynamic and Emergency Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    8.5 Tension Brakes

    8.5.1 Overview

    8.5.2 Tension Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    9. Industrial Brakes Market – By Industry Vertical

    9.1 Overview

    9.2 Industrial Brakes Market, by Industry Vertical (2020 and 2028)

    9.3 Manufacturing

    9.3.1 Overview

    9.3.2 Manufacturing: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    9.4 Metal and Mining

    9.4.1 Overview

    9.4.2 Metal and Mining: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    9.5 Construction

    9.5.1 Overview

    9.5.2 Construction: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    9.6 Power Generation

    9.6.1 Overview

    9.6.2 Power Generation: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    9.7 Marine and Shipping

    9.7.1 Overview

    9.7.2 Marine and Shipping: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    9.8 Others

    9.8.1 Overview

    9.8.2 Others: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10. Industrial Brakes Market – Geographic Analysis

    10.1 Overview

    10.2 North America: Industrial Brakes Market

    10.2.1 North America: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.2.2 North America: Industrial Brakes Market- by Type

    10.2.3 North America: Industrial Brakes Market- By Application

    10.2.4 North America: Industrial Brakes Market- By Industry Vertical

    10.2.5 North America: Industrial Brakes Market- by Key Country

    10.2.5.1 US: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.2.5.1.1 US: Industrial Brakes Market- by Type

    10.2.5.1.2 US: Industrial Brakes Market- By Application

    10.2.5.1.3 US: Industrial Brakes Market- By Industry Vertical

    10.2.5.2 Canada: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.2.5.2.1 Canada: Industrial Brakes Market- by Type

    10.2.5.2.2 Canada: Industrial Brakes Market- By Application

    10.2.5.2.3 Canada: Industrial Brakes Market- By Industry Vertical

    10.2.5.3 Mexico: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.2.5.3.1 Mexico: Industrial Brakes Market- by Type

    10.2.5.3.2 Mexico: Industrial Brakes Market- By Application

    10.2.5.3.3 Mexico: Industrial Brakes Market- By Industry Vertical

    10.3 Europe: Industrial Brakes Market

    10.3.1 Europe: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.3.2 Europe: Industrial Brakes Market- by Type

    10.3.3 Europe: Industrial Brakes Market- By Application

    10.3.4 Europe: Industrial Brakes Market- By Industry Vertical

    10.3.5 Europe: Industrial Brakes Market- by Key Country

    10.3.5.1 Germany: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.3.5.1.1 Germany: Industrial Brakes Market- by Type

    10.3.5.1.2 Germany: Industrial Brakes Market- By Application

    10.3.5.1.3 Germany: Industrial Brakes Market- By Industry Vertical

    10.3.5.2 France: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.3.5.2.1 France: Industrial Brakes Market- by Type

    10.3.5.2.2 France: Industrial Brakes Market- By Application

    10.3.5.2.3 France: Industrial Brakes Market- By Industry Vertical

    10.3.5.3 Italy: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.3.5.3.1 Italy: Industrial Brakes Market- by Type

    10.3.5.3.2 Italy: Industrial Brakes Market- By Application

    10.3.5.3.3 Italy: Industrial Brakes Market- By Industry Vertical

    10.3.5.4 UK: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.3.5.4.1 UK: Industrial Brakes Market- by Type

    10.3.5.4.2 UK: Industrial Brakes Market- By Application

    10.3.5.4.3 UK: Industrial Brakes Market- By Industry Vertical

    10.3.5.5 Russia: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.3.5.5.1 Russia: Industrial Brakes Market- by Type

    10.3.5.5.2 Russia: Industrial Brakes Market- By Application

    10.3.5.5.3 Russia: Industrial Brakes Market- By Industry Vertical

    10.3.5.6 Rest of Europe: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.3.5.6.1 Rest of Europe: Industrial Brakes Market- by Type

    10.3.5.6.2 Rest of Europe: Industrial Brakes Market- By Application

    10.3.5.6.3 Rest of Europe: Industrial Brakes Market- By Industry Vertical

    10.4 APAC: Industrial Brakes Market

    10.4.1 APAC: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.4.2 APAC: Industrial Brakes Market- by Type

    10.4.3 APAC: Industrial Brakes Market- By Application

    10.4.4 APAC: Industrial Brakes Market- By Industry Vertical

    10.4.5 APAC: Industrial Brakes Market- by Key Country

    10.4.5.1 Australia: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.4.5.1.1 Australia: Industrial Brakes Market- by Type

    10.4.5.1.2 Australia: Industrial Brakes Market- By Application

    10.4.5.1.3 Australia: Industrial Brakes Market- By Industry Vertical

    10.4.5.2 China: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.4.5.2.1 China: Industrial Brakes Market- by Type

    10.4.5.2.2 China: Industrial Brakes Market- By Application

    10.4.5.2.3 China: Industrial Brakes Market- By Industry Vertical

    10.4.5.3 India: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.4.5.3.1 India: Industrial Brakes Market- by Type

    10.4.5.3.2 India: Industrial Brakes Market- By Application

    10.4.5.3.3 India: Industrial Brakes Market- By Industry Vertical

    10.4.5.4 Japan: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.4.5.4.1 Japan: Industrial Brakes Market- by Type

    10.4.5.4.2 Japan: Industrial Brakes Market- By Application

    10.4.5.4.3 Japan: Industrial Brakes Market- By Industry Vertical

    10.4.5.5 South Korea: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.4.5.5.1 South Korea: Industrial Brakes Market- by Type

    10.4.5.5.2 South Korea: Industrial Brakes Market- By Application

    10.4.5.5.3 South Korea: Industrial Brakes Market- By Industry Vertical

    10.4.5.6 Rest of APAC: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.4.5.6.1 Rest of APAC: Industrial Brakes Market- by Type

    10.4.5.6.2 Rest of APAC: Industrial Brakes Market- By Application

    10.4.5.6.3 Rest of APAC: Industrial Brakes Market- By Industry Vertical

    10.5 MEA: Industrial Brakes Market

    10.5.1 MEA: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.5.2 MEA: Industrial Brakes Market- by Type

    10.5.3 MEA: Industrial Brakes Market- By Application

    10.5.4 MEA: Industrial Brakes Market- By Industry Vertical

    10.5.5 MEA: Industrial Brakes Market- by Key Country

    10.5.5.1 South Africa: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.5.5.1.1 South Africa: Industrial Brakes Market- by Type

    10.5.5.1.2 South Africa: Industrial Brakes Market- By Application

    10.5.5.1.3 South Africa: Industrial Brakes Market- By Industry Vertical

    10.5.5.2 Saudi Arabia: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.5.5.2.1 Saudi Arabia: Industrial Brakes Market- by Type

    10.5.5.2.2 Saudi Arabia: Industrial Brakes Market- By Application

    10.5.5.2.3 Saudi Arabia: Industrial Brakes Market- By Industry Vertical

    10.5.5.3 UAE: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.5.5.3.1 UAE: Industrial Brakes Market- by Type

    10.5.5.3.2 UAE: Industrial Brakes Market- By Application

    10.5.5.3.3 UAE: Industrial Brakes Market- By Industry Vertical

    10.5.5.4 Rest of MEA: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.5.5.4.1 Rest of MEA: Industrial Brakes Market- by Type

    10.5.5.4.2 Rest of MEA: Industrial Brakes Market- By Application

    10.5.5.4.3 Rest of MEA: Industrial Brakes Market- By Industry Vertical

    10.6 SAM: Industrial Brakes Market

    10.6.1 SAM: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.6.2 SAM: Industrial Brakes Market- by Type

    10.6.3 SAM: Industrial Brakes Market- By Application

    10.6.4 SAM: Industrial Brakes Market- By Industry Vertical

    10.6.5 SAM: Industrial Brakes Market- by Key Country

    10.6.5.1 Brazil: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.6.5.1.1 Brazil: Industrial Brakes Market- by Type

    10.6.5.1.2 Brazil: Industrial Brakes Market- By Application

    10.6.5.1.3 Brazil: Industrial Brakes Market- By Industry Vertical

    10.6.5.2 Argentina: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.6.5.2.1 Argentina: Industrial Brakes Market- by Type

    10.6.5.2.2 Argentina: Industrial Brakes Market- By Application

    10.6.5.2.3 Argentina: Industrial Brakes Market- By Industry Vertical

    10.6.5.3 Rest of SAM: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    10.6.5.3.1 Rest of SAM: Industrial Brakes Market- by Type

    10.6.5.3.2 Rest of SAM: Industrial Brakes Market- By Application

    10.6.5.3.3 Rest of SAM: Industrial Brakes Market- By Industry Vertical

    11. Industrial Brakes Market- COVID-19 Impact Analysis

    11.1 North America

    11.2 Europe

    11.3 Asia Pacific

    11.4 Middle East and Africa

    11.5 South America

    12. Industrial Brakes Market-Industry Landscape

    12.1 Overview

    12.2 Market Initiative

    13. Company Profiles

    13.1 Akebono Brake Industry Co., Ltd

    13.1.1 Key Facts

    13.1.2 Business Description

    13.1.3 Products and Services

    13.1.4 Financial Overview

    13.1.5 SWOT Analysis

    13.1.6 Key Developments

    13.2 Altra Industrial Motion Corp.

    13.2.1 Key Facts

    13.2.2 Business Description

    13.2.3 Products and Services

    13.2.4 Financial Overview

    13.2.5 SWOT Analysis

    13.2.6 Key Developments

    13.3 AMETEK Inc.

    13.3.1 Key Facts

    13.3.2 Business Description

    13.3.3 Products and Services

    13.3.4 Financial Overview

    13.3.5 SWOT Analysis

    13.3.6 Key Developments

    13.4 Carlisle Companies Incorporated

    13.4.1 Key Facts

    13.4.2 Business Description

    13.4.3 Products and Services

    13.4.4 Financial Overview

    13.4.5 SWOT Analysis

    13.4.6 Key Developments

    13.5 Coremo Ocmea S.p.A.

    13.5.1 Key Facts

    13.5.2 Business Description

    13.5.3 Products and Services

    13.5.4 Financial Overview

    13.5.5 SWOT Analysis

    13.5.6 Key Developments

    13.6 DELLNER BUBENZER

    13.6.1 Key Facts

    13.6.2 Business Description

    13.6.3 Products and Services

    13.6.4 Financial Overview

    13.6.5 SWOT Analysis

    13.6.6 Key Developments

    13.7 Eaton Corporation plc

    13.7.1 Key Facts

    13.7.2 Business Description

    13.7.3 Products and Services

    13.7.4 Financial Overview

    13.7.5 SWOT Analysis

    13.7.6 Key Developments

    13.8 ADVICS CO.,LTD.

    13.8.1 Key Facts

    13.8.2 Business Description

    13.8.3 Products and Services

    13.8.4 Financial Overview

    13.8.5 SWOT Analysis

    13.8.6 Key Developments

    13.9 RINGSPANN GmbH

    13.9.1 Key Facts

    13.9.2 Business Description

    13.9.3 Products and Services

    13.9.4 Financial Overview

    13.9.5 SWOT Analysis

    13.9.6 Key Developments

    13.10 SIBRE Siegerland Bremsen GmbH

    13.10.1 Key Facts

    13.10.2 Business Description

    13.10.3 Products and Services

    13.10.4 Financial Overview

    13.10.5 SWOT Analysis

    13.10.6 Key Developments

    13.11 Jiangxi Huawu Brake Co., Ltd.

    13.11.1 Key Facts

    13.11.2 Business Description

    13.11.3 Products and Services

    13.11.4 Financial Overview

    13.11.5 SWOT Analysis

    13.11.6 Key Developments

    13.12 Emco Precima Engineering Pvt Ltd.

    13.12.1 Key Facts

    13.12.2 Business Description

    13.12.3 Products and Services

    13.12.4 Financial Overview

    13.12.5 SWOT Analysis

    13.12.6 Key Developments

    13.13 KTR Systems GmbH

    13.13.1 Key Facts

    13.13.2 Business Description

    13.13.3 Products and Services

    13.13.4 Financial Overview

    13.13.5 SWOT Analysis

    13.13.6 Key Developments

    14. Appendix

    14.1 About The Insight Partners

    14.2 Word Index


    LIST OF TABLES

    Table 1. Industrial Brakes Market – Revenue, and Forecast to 2028 (US$ Million)

    Table 2. North America: Industrial Brakes Market- by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 3. North America: Industrial Brakes Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 4. North America: Industrial Brakes Market- By Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

    Table 5. US: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 6. US: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 7. US: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 8. Canada: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 9. Canada: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 10. Canada: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 11. Mexico: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 12. Mexico: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 13. Mexico: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 14. Europe: Industrial Brakes Market- by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 15. Europe: Industrial Brakes Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 16. Europe: Industrial Brakes Market- By Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

    Table 17. Germany: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 18. Germany: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 19. Germany: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 20. France: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 21. France: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 22. France: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 23. Italy: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 24. Italy: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 25. Italy: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 26. UK: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 27. UK: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 28. UK: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 29. Russia: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 30. Russia: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 31. Russia: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 32. Rest of Europe: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 33. Rest of Europe: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 34. Rest of Europe: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 35. APAC: Industrial Brakes Market- by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 36. APAC: Industrial Brakes Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 37. APAC: Industrial Brakes Market- By Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

    Table 38. Australia: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 39. Australia: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 40. Australia: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 41. China: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 42. China: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 43. China: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 44. India: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 45. India: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 46. India: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 47. Japan: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 48. Japan: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 49. Japan: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 50. South Korea: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 51. South Korea: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 52. South Korea: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 53. Rest of APAC: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 54. Rest of APAC: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 55. Rest of APAC: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 56. MEA: Industrial Brakes Market- by Type– Revenue and Forecast to 2028 (US$ Million)

    Table 57. MEA: Industrial Brakes Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 58. MEA: Industrial Brakes Market- By Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

    Table 59. South Africa: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 60. South Africa: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 61. South Africa: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 62. Saudi Arabia: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 63. Saudi Arabia: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 64. Saudi Arabia: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 65. UAE: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 66. UAE: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 67. UAE: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 68. Rest of MEA: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 69. Rest of MEA: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 70. Rest of MEA: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 71. SAM: Industrial Brakes Market- by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 72. SAM: Industrial Brakes Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 73. SAM: Industrial Brakes Market- By Industry Vertical – Revenue and Forecast to 2028 (US$ Million)

    Table 74. Brazil: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 75. Brazil: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 76. Brazil: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 77. Argentina: Industrial Brakes Market- by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 78. Argentina: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 79. Argentina: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 80. Rest of SAM: Industrial Brakes Market- by Type–Revenue and Forecast to 2028 (US$ Million)

    Table 81. Rest of SAM: Industrial Brakes Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 82. Rest of SAM: Industrial Brakes Market- By Industry Vertical –Revenue and Forecast to 2028 (US$ Million)

    Table 83. List of Abbreviation


    LIST OF FIGURES

    Figure 1. Industrial Brakes Market Segmentation

    Figure 2. Industrial Brakes Market Segmentation – By Geography

    Figure 3. Global Industrial Brakes Market Overview

    Figure 4. Electrically Applied Brakes Segment Held the Largest Market Share in 2020

    Figure 5. Dynamic and Emergency Brakes Held the Largest Market Share in 2020

    Figure 6. Others Held the Largest Market Share in 2020

    Figure 7. Asia Pacific was the Largest Revenue Contributor in 2020

    Figure 8. North America PEST Analysis

    Figure 9. Europe – PEST Analysis

    Figure 10. Asia Pacific PEST Analysis

    Figure 11. Middle East & Africa PEST Analysis

    Figure 12. South America PEST Analysis

    Figure 13. Industrial Brakes Market– Ecosystem Analysis

    Figure 14. Expert Opinion

    Figure 15. Industrial Brakes Market: Impact Analysis of Drivers and Restraints

    Figure 16. Geographic Overview of Industrial Brakes Market

    Figure 17. Global Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 18. Industrial Brakes Market Revenue Share, by Type (2020 and 2028)

    Figure 19. Mechanically Applied Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 20. Hydraulically Applied Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 21. Pneumatically Applied Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 22. Electrically Applied Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 23. Others: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 24. Industrial Brakes Market Revenue Share, by Application (2020 and 2028)

    Figure 25. Holding Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 26. Dynamic and Emergency Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 27. Tension Brakes: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 28. Industrial Brakes Market Revenue Share, by Industry Vertical (2020 and 2028)

    Figure 29. Manufacturing: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 30. Metal and Mining: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 31. Construction: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 32. Power Generation: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 33. Marine and Shipping: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 34. Others: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 35. Industrial Brakes Market Revenue Share, By Region (2020 and 2028)

    Figure 36. North America: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 37. North America: Industrial Brakes Market Revenue Share, by Type (2020 and 2028)

    Figure 38. North America: Industrial Brakes Market Revenue Share, By Application (2020 and 2028)

    Figure 39. North America: Industrial Brakes Market Revenue Share, By Industry Vertical (2020 and 2028)

    Figure 40. North America: Industrial Brakes Market Revenue Share, by Key Country (2020 and 2028)

    Figure 41. US: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 42. Canada: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 43. Mexico: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 44. Europe: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 45. Europe: Industrial Brakes Market Revenue Share, By Type (2020 and 2028)

    Figure 46. Europe: Industrial Brakes Market Revenue Share, By Application (2020 and 2028)

    Figure 47. Europe: Industrial Brakes Market Revenue Share, By Industry Vertical (2020 and 2028)

    Figure 48. Europe: Industrial Brakes Market Revenue Share, By Key Country (2020 and 2028)

    Figure 49. Germany: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 50. France: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 51. Italy: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 52. UK: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 53. Russia: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 54. Rest of Europe: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 55. APAC: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 56. APAC: Industrial Brakes Market Revenue Share, By Type (2020 and 2028)

    Figure 57. APAC: Industrial Brakes Market Revenue Share, By Application (2020 and 2028)

    Figure 58. APAC: Industrial Brakes Market Revenue Share, By Industry Vertical (2020 and 2028)

    Figure 59. APAC: Industrial Brakes Market Revenue Share, By Key Country (2020 and 2028)

    Figure 60. Australia: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 61. China: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 62. India: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 63. Japan: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 64. South Korea: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 65. Rest of APAC: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 66. MEA: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 67. MEA: Industrial Brakes Market Revenue Share, By Type (2020 and 2028)

    Figure 68. MEA: Industrial Brakes Market Revenue Share, By Application (2020 and 2028)

    Figure 69. MEA: Industrial Brakes Market Revenue Share, By Industry Vertical (2020 and 2028)

    Figure 70. MEA: Industrial Brakes Market Revenue Share, By Key Country (2020 and 2028)

    Figure 71. South Africa: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 72. Saudi Arabia: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 73. UAE: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 74. Rest of MEA: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 75. SAM: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 76. SAM: Industrial Brakes Market Revenue Share, By Type (2020 and 2028)

    Figure 77. SAM: Industrial Brakes Market Revenue Share, By Application (2020 and 2028)

    Figure 78. SAM: Industrial Brakes Market Revenue Share, By Industry Vertical (2020 and 2028)

    Figure 79. SAM: Industrial Brakes Market Revenue Share, By Key Country (2020 and 2028)

    Figure 80. Brazil: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 81. Argentina: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 82. Rest of SAM: Industrial Brakes Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 83. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 84. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 85. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 86. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

    Figure 87. Impact of COVID-19 Pandemic in South America Country Markets

    The List of Companies - Industrial Brakes Market

    1. Akebono Brake Industry Co., Ltd.
    2. Altra Industrial Motion Corp.                 
    3. AMETEK Inc.          
    4. Carlisle Companies Incorporated                  
    5. Coremo Ocmea S.p.A.     
    6. DELLNER BUBENZER
    7. Eaton Corporation plc               
    8. ADVICS CO.,LTD.           
    9. RINGSPANN GmbH
    10. SIBRE Siegerland Bremsen GmbH
    11. Jiangxi Huawu Brake Co., Ltd.
    12. Emco Precima Engineering Pvt Ltd.
    13. KTR Systems GmbH
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    Frequently Asked Questions

    Growth of Global Manufacturing Sector Stringent Rules and Regulations Related to Industrial Machinery
    The need for industrial brakes is high in mining winches, overhead cranes, steel rolling systems, and other similar devices. Furthermore, warehousing, medical, steel mills, and food processing industries hold significant potential for the industrial brakes market. Companies are actively working on the spring-applied brakes with high permitted braking energies, high torques, and wear resistance. For instance, Kor-Pak, an OEM and distributor of industrial brakes and clutches, is developing end-to-end braking systems for the mining and manufacturing industries.
    Based on the type, the Industrial Brakes market is segmented into mechanically applied brakes, hydraulically applied brakes, pneumatically applied brakes, electrically applied brakes, and others. The global Industrial Brakes market is dominated by hydraulically applied brakes segment in 2020, which accounted for 34.9%.
    The Fourth Industrial Revolution - Industry 4.0 - is transforming the global industrial sector by combining physical, digital, and biological domains. Advanced technologies such as the Internet of Things, artificial intelligence, Blockchain, robotics, and additive manufacturing are reshaping the future of the manufacturing industries. Industrial brake manufacturers are offering easy-to-operate industrial brakes whose function can be understood based on little technical knowledge.
    A few key companies operating in the Industrial Brakes market are Akebono Brake Industry Co., Ltd., Altra Industrial Motion Corporation, Ametek Inc., Aplicación Nuevas Tecnologías Antec SAU, Dellner Bubenzer Germany GmbH, Hilliard Corporation, Kobelt Manufacturing Co. Ltd., KOR-PAK Corporation, Ringspann GmbH and Tolomatic, Inc., etc. Several other companies are also functioning in the market and are contributing substantial revenues toward the market's growth.
    APAC held the significant market share in year 2020, along with the notable revenue generation opportunities in Europe and North America.

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