openPR Logo
Press release

Electro-magnetic Brakes Market Size 2024 to 2031.

04-13-2024 01:21 PM CET | Food & Beverage

Press release from: Report Prime

Market Overview and Report Coverage

Electro-magnetic brakes are devices that utilize the principles of electromagnetism to provide stopping power in various industrial applications. These brakes are widely used in industries such as automotive, aerospace, and machinery manufacturing to control the speed and movement of equipment.
The current outlook for the Electro-magnetic Brakes Market is positive, with a steady growth expected in the coming years. The market is expected to grow at a CAGR of 4.49% during the forecasted period. This growth can be attributed to the increasing demand for efficient braking solutions in various industries, as well as technological advancements in the field of electromagnetism.
Furthermore, the rising adoption of automation and robotics in manufacturing processes is also expected to drive the demand for electro-magnetic brakes. These brakes offer precise control and quick response times, making them an ideal choice for use in automated systems.
Overall, the Electro-magnetic Brakes Market is poised for growth in the future, driven by increasing industrialization, technological advancements, and the need for efficient braking solutions in various industries.

Get a Sample PDF of the Report:

Market Segmentation
The Electro-magnetic Brakes Market Analysis by types is segmented into:
• Power Off Brake
• Power On Brake

Electro-magnetic brakes can be divided into two types based on their operation: Power Off Brakes and Power On Brakes. Power Off Brakes are designed to engage when power is cut off, providing a fail-safe braking mechanism in case of power failure. On the other hand, Power On Brakes are activated when power is applied, allowing for controlled braking in various applications. Both types of brakes are essential in ensuring safety and efficiency in a wide range of industrial and commercial settings.

Get a Sample PDF of the Report:

The Electro-magnetic Brakes Market Industry Research by Application is segmented into:
• Machinery
• Material Handling
• Packaging
• Elevator
• Medical
• Others

Electro-magnetic brakes find application in a wide range of industries such as machinery, material handling, packaging, elevators, medical equipment, and various other sectors. In machinery, they are used for controlling the movement and speed of rotating components. In material handling, they are utilized for precise braking in conveyor systems. In packaging, they provide accurate stopping of moving parts. In elevators, they ensure smooth and safe operation. In the medical field, they are used in medical imaging equipment for precise control.

Purchase this Report: 

In terms of Region, the Electro-magnetic Brakes Market Players available by Region are:

North America:
• United States
• Canada

• Germany
• France
• U.K.
• Italy
• Russia

• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• Korea

What are the Emerging Trends in the Global Electro-magnetic Brakes market?
The global electro-magnetic brakes market is seeing emerging trends such as the increasing adoption of industrial automation, which is driving the demand for electro-magnetic brakes in various industries. Additionally, the rising focus on energy efficiency and sustainability is accelerating the demand for regenerative braking systems, further boosting market growth. Technological advancements such as the integration of sensors and IoT capabilities in electro-magnetic brakes are also contributing to market expansion. Moreover, the growing popularity of electric vehicles is expected to create new opportunities for the electro-magnetic brakes market in the near future.

Inquire or Share Your Questions If Any Before Purchasing This Report-

Major Market Players
Altra Industrial Motion is a leading global manufacturer and supplier of electromechanical power transmission products. With a history dating back to 1857, the company has a strong reputation for providing high-quality solutions for a wide range of industries, including aerospace, automotive, and industrial automation. Altra Industrial Motion has experienced significant market growth in recent years, driven by its focus on innovation and expanding its product portfolio.
Kendrion is another key player in the electromagnetic brakes market, specializing in electromagnetic components and systems. The company has a long history dating back to 1911 and has established itself as a leader in the industry. Kendrion has experienced steady market growth, thanks to its commitment to research and development and its ability to adapt to changing market trends.
Mayr is a well-known manufacturer of electromagnetic braking systems, with a history dating back to 1897. The company has a strong presence in the global market, with a focus on providing innovative solutions for a variety of industries. Mayr has seen significant market growth in recent years, driven by increasing demand for reliable and efficient braking systems.
In terms of sales revenue, Altra Industrial Motion reported $1.2 billion in sales for 2020, while Kendrion reported sales of $480 million in the same year. These figures highlight the strong market position of these companies and their continued growth in the competitive electromagnetic brakes market.

Purchase this Report:
Get a Sample PDF of the Report:

Check more reports on

Contact Us:
Name: Mahesh Patel
Phone: +1 507 500 7209

At, our vision is to revolutionize the market research industry by delivering unprecedented value to our clients through our audacious goal of providing unparalleled research quality, ethical practices, and affordability. We strive to empower businesses of all sizes with actionable, accurate, and unbiased insights that inform strategic decision-making, drive growth and innovation. We are committed to fostering a culture of excellence, integrity, and transparency, and to fostering lasting partnerships with our clients through affordability and dedicated client servicing.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Electro-magnetic Brakes Market Size 2024 to 2031. here

News-ID: 3462760 • Views:

More Releases from Report Prime

Protein Extraction Kit Market Size 2024 to 2031.
Protein Extraction Kit Market Size 2024 to 2031.
Market Overview and Report Coverage A Protein Extraction Kit is a product used in laboratory settings to isolate and extract proteins from biological samples. These kits are essential tools for researchers and scientists working in areas such as biochemistry, molecular biology, and drug discovery. The Protein Extraction Kit Market is expected to experience significant growth in the coming years. Factors driving this growth include an increasing focus on research and
Syringeless Filters Market Size 2024 to 2031.
Syringeless Filters Market Size 2024 to 2031.
Market Overview and Report Coverage A syringeless filter is a preassembled filtration device that eliminates the need for manual filtration using a syringe and a separate filter. These filters are commonly used in laboratories for quick and efficient sample preparation, making them popular among researchers and scientists. The syringeless filters market is expected to see significant growth in the coming years, with a projected CAGR of 5.50% during the forecasted
Fully Auto Biochemistry Analyzer Market Size 2024 to 2031.
Fully Auto Biochemistry Analyzer Market Size 2024 to 2031.
Market Overview and Report Coverage A Fully Auto Biochemistry Analyzer is a medical instrument used in laboratories to perform biochemical tests on blood samples, urine samples, and other body fluids. It is an essential tool for diagnosing various diseases and monitoring the effectiveness of treatment. The Fully Auto Biochemistry Analyzer Market is expected to grow at a CAGR of 8.90% during the forecasted period. The market is driven by factors
Handheld Slit Lamp Market Size 2024 to 2031.
Handheld Slit Lamp Market Size 2024 to 2031.
Market Overview and Report Coverage A handheld slit lamp is a portable ophthalmic device used by eye care professionals for detailed examination of the eye. The market for handheld slit lamps is expected to grow steadily at a CAGR of 10.00% during the forecasted period. The growth in demand for handheld slit lamps can be attributed to factors such as increasing prevalence of eye disorders, advancements in technology leading

All 5 Releases

More Releases for Brake

Brake Pad Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Mat …
Brake pads are used in automotive and other application and they are a component of brake disc. Brake pads are fixed in brake caliper and they helps in converting kinetic energy of vehicle into thermal energy. Increasing demand for environment friendly and light weight braking material is fueling the growth of brake pad. Studying and analyzing the impact of Coronavirus COVID-19 on the Brake Pad industry, the report provides in-depth analysis
Brake Pads, Rotors & Brake Shoes Market: Competitive Dynamics & Global Outlook 2 …
LP INFORMATION offers a latest published report on Brake Pads, Rotors & Brake Shoes Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Brake Pads, Rotors & Brake Shoes market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024,
North America Industrial Brakes Market by Type (Mechanically-applied Brake, Hydr …
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
Global Car Brake Pads Market Analysis 2018 Forecasts To 2025 : Federal Mogul, BO …
Global Car Brake Pads Market Description:- Wiseguyreports.Com Adds “Global Car Brake Pads Market 2018: Global Analysis, Industry Size, Share, Trends, Application Analysis and Growth Opportunities Forecast to 2025” To Its Research Database Key Content of Chapters Part 1: Terminology Definition, Industry Chain, Industry Dynamics & Regulations and Global Market Overview Part 2: Upstream (Raw Materials / Components) & Manufacturing (Procurement Methods & Channels and Cost) , Major Regional Production Overview and Trade Flow Part 3: Product Segment Overview
Automotive Brake System & Components Market Report 2018: Segmentation by Product …
Global Automotive Brake System & Components market research report provides company profile for Nissin Kogyo, Bosch, Akebono Brake, Magneti Marelli, Mando, Brembo, Continental, ZF Friedrichshafen, Delphi, Valeo, Federal-Mogul and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
Brake Linings Market Report for Period 2011 till 2023 - MAT Holdings, Meritor, J …
Global Brake Linings market report provides detailed analysis of companies namely MAT Holdings, Meritor, Japan Brake Industrial, Nsshnbo, Fuji Brake, Bendix, Sangsin, ICER, Marathon Brake System and Others. This report study includes global market statistics and analysis for example, company performance, historical analysis 2012 to 2016, market forecast 2017 to 2023 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2017 to 2023, etc. Brake linings are