North America Industrial Brakes Market to Reach US$ 372.06 million Growing at CAGR 4.4% to 2028| Top Key Players - Carlisle Companies Incorporated, Coremo Ocmea S.p.A., DELLNER BUBENZER, Eaton Corporation plc

The industrial brakes market in North America is expected to grow from US$ 275.35 million in 2021 to US$ 372.06 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028.

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The Business Market Insights provides you regional research analysis on “North America Industrial Brakes Market” and forecast to 2028. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the North America Weather Forecasting Services market during the forecast period, i.e., 2021–2028.

Manufacturing is an important sector in North America; with a high real output worth US$ 2.00 trillion (adjusted for inflation in 2009 ) in Q1 2018, the US is the world's third-largest manufacturer, after the People's Republic of China and the European Union. This is well above the US$ 1.95 trillion peak before the Great Recession in 2007. In December 2016, the manufacturing sector in the US employed 12.35 million people, up from 12.56 million in December 2017, recording an increase of 207,000 or 1.7%. Such developed manufacturing sector across the region, necessitates the need for efficient industrial equipment and other systems related to them, such as brakes. Furthermore, the adoption of new chemical manufacturing technologies may boost their resistance capacities. The production capacity of chemicals such as ethylene, propylene, and paraxylene is expected to grow at a rate more than 4% per year until 2022.

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Major key players covered in this report:
• Akebono Brake Industry Co., Ltd.
• Altra Industrial Motion Corp.
• AMETEK Inc.
• Carlisle Companies Incorporated
• Coremo Ocmea S.p.A.
• DELLNER BUBENZER
• Eaton Corporation plc
• Jiangxi Huawu Brake Co., Ltd.
• KTR Systems GmbH
• RINGSPANN GmbH
• SIBRE Siegerland Bremsen GmbH

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Industrial Brakes market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the North America Industrial Brakes market segments and regions.

North America Industrial Brakes Market Segmentation:
North America Industrial Brakes Market –By Type
• Mechanically Applied Brakes
• Hydraulically Applied Brakes
• Pneumatically Applied Brakes
• Electrically Applied Brakes
• Others

North America Industrial Brakes Market –By Application
• Holding Brakes
• Dynamic and Emergency Brakes
• Tension Brakes

North America Industrial Brakes Market –By Industry Vertical
• Manufacturing
• Metal and Mining
• Construction
• Power Generation
• Marine and Shipping
• Others

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The research on the North America Industrial Brakes market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the North America Industrial Brakes market on the basis of end user, product type, application, and demography for the forecast period 2021–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Industrial Brakes market.

Reason to Buy
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• The key findings and recommendations highlight crucial progressive industry trends in the North America Industrial Brakes market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.
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• Scrutinize in-depth regional market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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