Market Overview:
The global industrial fractional horsepower brakes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fractional horsepower brakes in various applications, such as textile equipment, medical equipment, packaging equipment, material handling equipment and others. Additionally, the growing awareness about safety and security is also propelling the growth of this market. Some of the major players operating in this market are ABB Ltd., Eaton Corporation Plc.
Product Definition:
Industrial Fractional Horsepower Brakes are brakes that are specifically designed for use on equipment that has a fractional horsepower motor. These brakes are important because they provide a reliable way to stop the equipment, which can help to prevent accidents.
Electromagnetic Brakes:
Electromagnetic brakes are a new-age technology that is used to decrease the speed of a vehicle without using any conventional brake pads. The working principle behind this technology is based on electromagnetic attraction and repulsion between two conductors, which are attached to the rotor and stator of an electric motor.
Permanent Magnet Brakes:
Permanent magnet brakes (PMB) are a type of electric motor brake that uses magnetic attraction between the rotor and stator to bring the vehicle to a halt. The braking action is performed by an electromagnetic clutch which consists of two conductors, one of which is attached to the vehicle’s brake pipe while another is connected to the caliper.
Application Insights:
The others segment includes construction equipment, agricultural machinery and equipment, marine and offshore equipment, transportation systems and other applications. The demand for fractional horsepower brakes in this segment is expected to grow at a significant rate owing to the increasing need for compactors in the packaging industry. Latin America has emerged as a major production region owing to an increase in investments by foreign companies coupled with technological developments such as automation of processes within the plants. This trend is likely to continue over the forecast period thereby driving growth across all regions.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising investments in infrastructure development, and favorable government policies promoting exports.
The demand for fractional horsepower brakes in Europe is anticipated to grow at a significant rate over the forecast period owing to increasing demand from industries including medical & healthcare, textile machinery, packaging machinery, automotive industry etc. In addition European countries such as Germany are known for their emphasis on energy-efficient products which will propel product adoption further. Moreover growing concerns regarding carbon emissions due to braking systems using conventional methods are anticipated drive product adoption across this region as well.
Growth Factors:
- Increasing demand from the automotive industry
- Growing popularity of electric vehicles
- Rising need for energy-efficient brakes
- Proliferation of industrial automation and robotics
- Growing trend of miniaturization in industrial applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Fractional Horsepower Brakes Market Research Report
By Type
Electromagnetic Brakes, Permanent Magnet Brakes
By Application
Textile Equipment, Medical Equipment, Packaging Equipment, Material Handling Equipment, Others
By Companies
ABB, Dynaspede, Oriental Motor, Eaton, Altra Industrial Motion, Bonfiglioli Riduttori, Nexen, ABB
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Fractional Horsepower Brakes Market Report Segments:
The global Industrial Fractional Horsepower Brakes market is segmented on the basis of:
Types
Electromagnetic Brakes, Permanent Magnet Brakes
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
Textile Equipment, Medical Equipment, Packaging Equipment, Material Handling Equipment, 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:
- ABB
- Dynaspede
- Oriental Motor
- Eaton
- Altra Industrial Motion
- Bonfiglioli Riduttori
- Nexen
- ABB
Highlights of The Industrial Fractional Horsepower 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:
- Electromagnetic Brakes
- Permanent Magnet Brakes
- By Application:
- Textile Equipment
- Medical Equipment
- Packaging Equipment
- Material Handling Equipment
- 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 Industrial Fractional Horsepower 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.
How you may use our products:
- 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?
Industrial fractional horsepower brakes are a type of brake system that is used in industrial applications. These brakes use smaller rotors and pads than traditional automotive brakes, which allows them to handle high-speed applications more easily.
Some of the major players in the industrial fractional horsepower brakes market are ABB, Dynaspede, Oriental Motor, Eaton, Altra Industrial Motion, Bonfiglioli Riduttori, Nexen, ABB.
The industrial fractional horsepower brakes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Fractional Horsepower Brakes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Industrial Fractional Horsepower Brakes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial Fractional Horsepower Brakes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Industrial Fractional Horsepower Brakes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Industrial Fractional Horsepower Brakes Market Size & Forecast, 2020-2028 4.5.1 Industrial Fractional Horsepower Brakes Market Size and Y-o-Y Growth 4.5.2 Industrial Fractional Horsepower Brakes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electromagnetic Brakes
5.2.2 Permanent Magnet Brakes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Textile Equipment
6.2.2 Medical Equipment
6.2.3 Packaging Equipment
6.2.4 Material Handling Equipment
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Fractional Horsepower Brakes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Fractional Horsepower Brakes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electromagnetic Brakes
9.6.2 Permanent Magnet Brakes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Textile Equipment
9.10.2 Medical Equipment
9.10.3 Packaging Equipment
9.10.4 Material Handling Equipment
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electromagnetic Brakes
10.6.2 Permanent Magnet Brakes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Textile Equipment
10.10.2 Medical Equipment
10.10.3 Packaging Equipment
10.10.4 Material Handling Equipment
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electromagnetic Brakes
11.6.2 Permanent Magnet Brakes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Textile Equipment
11.10.2 Medical Equipment
11.10.3 Packaging Equipment
11.10.4 Material Handling Equipment
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electromagnetic Brakes
12.6.2 Permanent Magnet Brakes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Textile Equipment
12.10.2 Medical Equipment
12.10.3 Packaging Equipment
12.10.4 Material Handling Equipment
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electromagnetic Brakes
13.6.2 Permanent Magnet Brakes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Textile Equipment
13.10.2 Medical Equipment
13.10.3 Packaging Equipment
13.10.4 Material Handling Equipment
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Fractional Horsepower Brakes Market: Competitive Dashboard
14.2 Global Industrial Fractional Horsepower Brakes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Dynaspede
14.3.3 Oriental Motor
14.3.4 Eaton
14.3.5 Altra Industrial Motion
14.3.6 Bonfiglioli Riduttori
14.3.7 Nexen
14.3.8 ABB