North America Industrial Brakes Market is Expected to Reach $2,302 Million, By Leading Industry Players Akebono Brake Corporation, Altra Industrial Motion Corp. Carlisle Brake & Friction, Chassis Brakes International, Drive-Line Inc., Eaton Corporation, I

The North America industrial brakes market was valued at $146 million in 2017, and is projected to reach $189.48 million by 2025, growing at a CAGR of 3.4%. Industrial brakes play a crucial role in mechanical power transmission to deliver mechanical energy to shafts. This aids in facilitating motion in the industrial equipment. The speed of the motion can be controlled and subsequently used to deliver the desired action or processing required in respective application. The brakes help in holding machinery, deploy emergency or dynamic brakes, and maintain tension in pulleys of the equipment. Furthermore, the smooth motion and halt improves the efficiency, accuracy, and safety of the workplace.

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Increase 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 a 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 anticipated to drive the North America 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 North America industrial brakes market is segmented based on type, application, end-user industry, and country. Based on type, the market is fragmented into mechanically-applied, hydraulically-applied, pneumatically-applied, electrically-applied, drum & disk brake, and spring brakes. The electric segment is anticipated to dominate the North America industrial brakes market throughout the study period. Based on application, the market is categorized into holding brakes, dynamic & emergency brakes, and tension brakes. The holding brakes segment is projected to dominate the market in future. Based on end-user industry, the market is segmented into manufacturing, metal & mining, construction, entertainment, marine & shipping, and others.

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The market is analyzed across North America in countries such as the U.S., Canada, and Mexico. Among these, U.S. the holds a significant share in the North America market, and Mexico is projected to register the highest CAGR.

Table of Content:

Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. KEY MARKET PLAYERS
1.5. RESEARCH METHODOLOGY

1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & 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 investment pockets
3.2.2. Top winning strategies
3.2.3. Top impacting factors

3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Increase in activities in construction & manufacturing industries
3.4.1.2. Rise in adoption of industrial robotics and automation processes
3.4.1.3. High focus on safety and efficiency of industrial machineries

3.4.2. Restraints

3.4.2.1. Volatile prices of materials used for the production of industrial brakes
3.4.2.2. Stringent regulations associated with industrial machineries

3.4.3. Opportunity

3.4.3.1. 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 trends, growth factors, and opportunities
4.2.2. Market size and forecast, by country

4.3. HYDRAULICALLY APPLIED BRAKES

4.3.1. Key trends, growth factors, and opportunities
4.3.2. Market size and forecast, by country

4.4. PNEUMATICALLY APPLIED BRAKES

4.4.1. Key trends, growth factors, and opportunities
4.4.2. Market size and forecast, by country

4.5. ELECTRICALLY APPLIED BRAKES

4.5.1. Key trends, growth factors, and opportunities
4.5.2. Market size and forecast, by country

4.6. DRUM & DISC BRAKES

4.6.1. Key trends, growth factors, and opportunities
4.6.2. Market size and forecast, by country

4.7. SPRING BRAKES

4.7.1. Key trends, growth factors, and opportunities
4.7.2. Market size and forecast, by country

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 trends, growth factors, and opportunities
5.2.2. Market size and forecast, by country

5.3. DYNAMIC & EMERGENCY BRAKES

5.3.1. Key trends, growth factors, and opportunities
5.3.2. Market size and forecast, by country

5.4. TENSION BRAKES

5.4.1. Key trends, growth factors, and opportunities
5.4.2. Market size and forecast, by country

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

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. MANUFACTURING

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by country

6.3. METALS & MINING

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by country

6.4. CONSTRUCTION

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by country

6.5. ENTERTAINMENT

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by country

6.6. MARINE & SHIPPING

6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by country

6.7. OTHERS

6.7.1. Key market trends, growth factors, and opportunities
6.7.2. Market size and forecast, by country

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