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North America Industrial Brakes Market by Type (Mechanically-applied Brake, Hydraulically-applied Brake, Pneumatically-applied Brake, Electrically-applied Brake, Drum & Disc Brake, and Spring Brake), Application (Holding Brake, Dynamic & Emergency Brake,

12-12-2018 02:34 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

North America Industrial Brakes Market

North America Industrial Brakes Market

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. Thus, the industrial brakes are crucial to industrial requirement and boost the market growth during the forecast period.

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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.

Key Benefits for Stakeholders

• The study provides an in-depth analysis of the North America industrial brakes market with its current & future trends to elucidate the imminent investment pockets.
• Information about key drivers, restraints, and opportunities and their impact analysis on the market is provided.
• Porters five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
• The quantitative analysis of the North America market from 2017 to 2025 is provided to determine the market potential.

LIST OF FIGURES

FIGURE 01. TOP INVESTMENT POCKETS
FIGURE 02. TOP WINNING STRATEGIES, BY YEAR, 2013-2018*
FIGURE 03. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2013-2018* (%)
FIGURE 04. TOP WINNING STRATEGIES, BY COMPANY, 2013-2018*
FIGURE 05. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06. MODERATE BARGAINING POWER OF BUYERS
FIGURE 07. HIGH THREAT OF SUBSTITUTES
FIGURE 08. MODERATE THREAT OF NEW ENTRANTS
FIGURE 09. MODERATE COMPETITIVE RIVALRY
FIGURE 10. NORTH AMERICA INDUSTRIAL BRAKES MARKET REVENUE, BY TYPE, 2017-2025 ($MILLION)
FIGURE 11. ALTRA INDUSTRIAL MOTION CORP.: NET SALES, 2015-2017 ($MILLION)
FIGURE 12. ALTRA INDUSTRIAL MOTION CORP.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 13. ALTRA INDUSTRIAL MOTION CORP.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 14. EATON CORPORATION: NET SALES, 2015-2017 ($MILLION)
FIGURE 15. EATON CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 16. EATON CORPORATION.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 17. AKEBONO BRAKE CORPORATION: NET SALES, 2015-2017 ($MILLION)
FIGURE 18. AKEBONO BRAKE CORPORATION: REVENUE SHARE BY SEGMENTS, 2017 (%)
FIGURE 19. AKEBONO BRAKE CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 20. CARLISLE BRAKE & FRICTION: NET SALES, 2015-2017 ($MILLION)
FIGURE 21. CARLISLE BRAKE & FRICTION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 22. CARLISLE BRAKE & FRICTION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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