The global electromagnetic brakes market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for electric locomotives and trains, which are equipped with electromagnetic brakes. Electromagnetic brakes are also used in industrial applications such as robotic systems and other heavy machinery. The increasing use of these machines in various industries is expected to drive the demand for electromagnetic brakes over the next few years. The global electromagnet brake market by type is segmented into single face brake, power off brake, particle brake, hysteresis power brake and multiple disk brake. Single face brakes are used in locomotives and trains while power off brakes are used in industrial applications such as robotic systems and other heavy machinery. Particle brakes are mainly used on high-speed trains while hysteresis power brakes are mainly used on low-speed trains or trams/trams & trains. 5a. Electromagnetic Brakes are also being used on airplanes because they have less wear and tear than traditional hydraulic brake systems which leads to lower maintenance costs over time.
Some Of The Growth Factors Of This Market:
- Electromagnetic brakes are used in trains, buses, and other vehicles to stop the vehicle by using electric currents.
- The use of electromagnetic brakes is increasing due to the need for more energy efficient braking systems.
- Electromagnetic brakes are also being used in hybrid vehicles because they can be regenerative braking systems that can recharge a battery while slowing down or stopping a vehicle.
- The cost of electromagnetic brakes is decreasing as they become more popular and production increases which will lead to increased demand for them in the future as well as increased competition among manufacturers which will drive prices down even further.
Industry Growth Insights published a new data on “Electromagnetic Brakes Market”. The research report is titled “Electromagnetic Brakes Market research by Types (Single face brake, Power off brake, Particle brake, Hysteresis power brake, Multiple disk brake), By Applications (Locomotives, Trams and trains, Industrial and robotic, Others), By Players/Companies Warner Electric, Ogura Industrial, Inertia Dynamics LLC, Electroid Company, GKN Stromag AG, Hilliard Corp., Rexnord Corp., KEB America, Magnetic Technologies, Magtrol, Huco Dynatork, Emco Dynatorq, Precima Magnettechnik”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electromagnetic Brakes Market Research Report
By Type
Single face brake, Power off brake, Particle brake, Hysteresis power brake, Multiple disk brake
By Application
Locomotives, Trams and trains, Industrial and robotic, Others
By Companies
Warner Electric, Ogura Industrial, Inertia Dynamics LLC, Electroid Company, GKN Stromag AG, Hilliard Corp., Rexnord Corp., KEB America, Magnetic Technologies, Magtrol, Huco Dynatork, Emco Dynatorq, Precima Magnettechnik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Electromagnetic Brakes Market Report Segments:
The global Electromagnetic Brakes market is segmented on the basis of:
Types
Single face brake, Power off brake, Particle brake, Hysteresis power brake, Multiple disk brake
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Locomotives, Trams and trains, Industrial and robotic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Warner Electric
- Ogura Industrial
- Inertia Dynamics LLC
- Electroid Company
- GKN Stromag AG
- Hilliard Corp.
- Rexnord Corp.
- KEB America
- Magnetic Technologies
- Magtrol
- Huco Dynatork
- Emco Dynatorq
- Precima Magnettechnik
Highlights of The Electromagnetic Brakes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single face brake
- Power off brake
- Particle brake
- Hysteresis power brake
- Multiple disk brake
- By Application:
- Locomotives
- Trams and trains
- Industrial and robotic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electromagnetic Brakes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electromagnetic brakes are a type of braking system that uses an electromagnetic field to stop a vehicle. The electromagnetic field is created by coils inside the brake pads and sends a force against the wheel to slow it down.
Some of the major companies in the electromagnetic brakes market are Warner Electric, Ogura Industrial, Inertia Dynamics LLC, Electroid Company, GKN Stromag AG, Hilliard Corp., Rexnord Corp., KEB America, Magnetic Technologies, Magtrol, Huco Dynatork, Emco Dynatorq, Precima Magnettechnik.
The electromagnetic brakes market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electromagnetic Brakes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electromagnetic Brakes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electromagnetic Brakes Market - Supply Chain
4.5. Global Electromagnetic Brakes Market Forecast
4.5.1. Electromagnetic Brakes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electromagnetic Brakes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electromagnetic Brakes Market Absolute $ Opportunity
5. Global Electromagnetic Brakes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electromagnetic Brakes Market Size and Volume Forecast by Type
5.3.1. Single face brake
5.3.2. Power off brake
5.3.3. Particle brake
5.3.4. Hysteresis power brake
5.3.5. Multiple disk brake
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electromagnetic Brakes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electromagnetic Brakes Market Size and Volume Forecast by Application
6.3.1. Locomotives
6.3.2. Trams and trains
6.3.3. Industrial and robotic
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electromagnetic Brakes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electromagnetic Brakes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electromagnetic Brakes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electromagnetic Brakes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electromagnetic Brakes Demand Share Forecast, 2019-2026
9. North America Electromagnetic Brakes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electromagnetic Brakes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electromagnetic Brakes Market Size and Volume Forecast by Application
9.4.1. Locomotives
9.4.2. Trams and trains
9.4.3. Industrial and robotic
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electromagnetic Brakes Market Size and Volume Forecast by Type
9.7.1. Single face brake
9.7.2. Power off brake
9.7.3. Particle brake
9.7.4. Hysteresis power brake
9.7.5. Multiple disk brake
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electromagnetic Brakes Demand Share Forecast, 2019-2026
10. Latin America Electromagnetic Brakes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electromagnetic Brakes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electromagnetic Brakes Market Size and Volume Forecast by Application
10.4.1. Locomotives
10.4.2. Trams and trains
10.4.3. Industrial and robotic
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electromagnetic Brakes Market Size and Volume Forecast by Type
10.7.1. Single face brake
10.7.2. Power off brake
10.7.3. Particle brake
10.7.4. Hysteresis power brake
10.7.5. Multiple disk brake
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electromagnetic Brakes Demand Share Forecast, 2019-2026
11. Europe Electromagnetic Brakes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electromagnetic Brakes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electromagnetic Brakes Market Size and Volume Forecast by Application
11.4.1. Locomotives
11.4.2. Trams and trains
11.4.3. Industrial and robotic
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electromagnetic Brakes Market Size and Volume Forecast by Type
11.7.1. Single face brake
11.7.2. Power off brake
11.7.3. Particle brake
11.7.4. Hysteresis power brake
117.5. Multiple disk brake
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electromagnetic Brakes Demand Share, 2019-2026
12. Asia Pacific Electromagnetic Brakes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electromagnetic Brakes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electromagnetic Brakes Market Size and Volume Forecast by Application
12.4.1. Locomotives
12.4.2. Trams and trains
12.4.3. Industrial and robotic
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electromagnetic Brakes Market Size and Volume Forecast by Type
12.7.1. Single face brake
12.7.2. Power off brake
12.7.3. Particle brake
12.7.4. Hysteresis power brake
12.7.5. Multiple disk brake
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electromagnetic Brakes Demand Share, 2019-2026
13. Middle East & Africa Electromagnetic Brakes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electromagnetic Brakes Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electromagnetic Brakes Market Size and Volume Forecast by Application
13.4.1. Locomotives
13.4.2. Trams and trains
13.4.3. Industrial and robotic
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electromagnetic Brakes Market Size and Volume Forecast by Type
13.7.1. Single face brake
13.7.2. Power off brake
13.7.3. Particle brake
13.7.4. Hysteresis power brake
13.7.5. Multiple disk brake
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electromagnetic Brakes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electromagnetic Brakes Market: Market Share Analysis
14.2. Electromagnetic Brakes Distributors and Customers
14.3. Electromagnetic Brakes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Warner Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ogura Industrial
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Inertia Dynamics LLC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Electroid Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GKN Stromag AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hilliard Corp.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rexnord Corp.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KEB America
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Magnetic Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Magtrol
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Huco Dynatork
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Emco Dynatorq
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Precima Magnettechnik
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook