Industrial Brakes Market by Type (Mechanically Applied Brakes, Hydraulically Applied Brakes, Pneumatically Applied Brakes, Electrically Applied Brakes, Drum & Disc Brakes, and Spring Brakes), Application (Holding Brakes, Dynamic & Emergency Brakes, and Te

According to a new report published by Allied Market Research, titled, Industrial Brakes by Type, Application and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2017-2023, the industrial brakes market was valued at $828 million in 2016, and is projected to reach at $1,074 million by 2023, growing at a CAGR of 3.70% from 2017 to 2023. Europe is expected to be the leading contributor to the industrial brakes market, followed by Asia-Pacific and North America.

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Increase in activities in construction and manufacturing activities due to rise in population and growth in industries, such as metals & mining, power generation, construction, entertainment, marine & shipping, and others boost the industry. Furthermore, the brakes deliver robust performance which is also expected to fuel the market growth during the forecast period.
Moreover, rise in inclination toward enhanced efficiency and safety of the industrial machineries among the market players is also anticipated to drive the industrial brakes industry in the coming years. Technology driven motion control solutions involving sensors enabled in brakes can provide lucrative opportunities to the manufacturers.

The key players operating in the global industrial brakes market are Akebono Brake Industry Co., Ltd., Altra Industrial Motion Corp., Antec, S.A., Carlisle Brake & Friction, Coremo Ocmea S.p.A., Eaton, GKN Walterscheid GmbH, Pintsch Bubenzer GmbH, Ringspann GmbH, and SIBRE - Siegerland Bremsen GmbH.

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The industrial brakes market is segmented on the basis of type, application, end user, and geography. Based on type, the industry is classified into mechanically applied brakes, hydraulically applied brakes, pneumatically applied brakes, electrically applied brakes, drum & disc brakes, and spring brakes. By application, it is categorized into holding brakes, dynamic & emergency brakes, and tension brakes. Based on the end-user industry, it is divided into metals & mining, construction, manufacturing, entertainment, marine & shipping, and others (military, power generation, printing, transportation, and aerospace). By geography, it is analyzed across four regions including North America, Europe, Asia-Pacific, and LAMEA.

With the increase in demand for industrial robotics in all industries, there is a significant rise in the application of the industrial brakes. The brakes facilitate desired motion by delivering the right velocity, acceleration, and deceleration of the industrial equipment. Furthermore, it assists in holding and lifting heavy payloads in the manufacturing plant activities. Increase in activities in construction, metals & mining, and manufacturing industries also boost industrial brakes industry. The availability of technology driven solutions in automated brakes is anticipated to further drive the market growth.

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However, the inconsistent prices of the materials required for brakes continues to fluctuate the profits margin for the market players. In addition, change in rates of foreign currency especially of Europe, post Brexit is also expected to influence the profit margins for the market players. The stringent government regulation associated with metals and mining processes to reduce their impact on the environment is also expected to challenge growth of the industrial brakes market in the coming years.

Table of Content:

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate bargaining power of buyers
3.3.3. High threat of substitution
3.3.4. Moderate threat of new entrants
3.3.5. Moderate competitive rivalry

3.4. MARKET PLAYER POSITIONING, 2016
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increasing activities in construction & manufacturing industries
3.5.1.2. Rising adoption of industrial robotics and automation processes
3.5.1.3. Rising inclination towards safety and efficiency of industrial machineries

3.5.2. Restraints

3.5.2.1. Fluctuating prices of materials used for manufacturing industrial brakes
3.5.2.2. Stringent regulations associated with industrial machineries

3.5.3. Opportunities

3.5.3.1. Providing technology driven brakes systems enabled with sensors

Chapter: 4 INDUSTRIAL BRAKES MARKET, BY TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. MECHANICALLY APPLIED BRAKES

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. HYDRAULICALLY APPLIED BRAKES

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. PNEUMATICALLY APPLIED BRAKES

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

4.5. ELECTRICALLY APPLIED BRAKES

4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast

4.6. DRUM & DISC BRAKES

4.6.1. Key market trends
4.6.2. Key growth factors and opportunities
4.6.3. Market size and forecast

4.7. SPRING BRAKES

4.7.1. Key market trends
4.7.2. Key growth factors and opportunities
4.7.3. Market size and forecast

Chapter: 5 INDUSTRIAL BRAKES MARKET, BY APPLICATION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. HOLDING BRAKES

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. DYNAMIC & EMERGENCY BRAKES

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

5.4. TENSION BRAKES

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast

Chapter: 6 GLOBAL INDUSTRIAL BRAKES MARKET, BY END-USER INDUSTRY

6.1. OVERVIEW

6.1.1. Market Size and Forecast

6.2. METALS & MINING

6.2.1. Key Market Trends
6.2.2. Key Growth factors and Opportunities

6.3. CONSTRUCTION

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.4. MANUFACTURING

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.5. ENTERTAINMENT

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.6. MARINE & SHIPPING

6.6.1. Key market trends
6.6.2. Key growth factors and opportunities
6.6.3. Market size and forecast

6.7. OTHERS

6.7.1. Key market trends
6.7.2. Key growth factors and opportunities
6.7.3. Market size and forecast

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