Market Overview:
The global safety brake market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for safety brakes in industrial machinery and vehicles. Additionally, the growing awareness about safety brakes among end users is also contributing to the growth of this market. The global safety brake market can be segmented on the basis of type into insulated and non-insulated safety brakes.
Product Definition:
A safety brake is a brake system that is used to stop a train or other piece of railway rolling stock in the event of an emergency. The importance of the safety brake is that it provides an additional level of protection against accidents and allows for the safe stopping of trains in the event of an emergency.
Insulated Safety Brake:
Insulated safety brake is a device that helps in preventing vehicles from rolling away while the driver is applying the brakes. It works by creating an airtight seal between the vehicle and wheel, thereby eliminating any chances of heat-related accidents. The product has gained immense popularity among consumers as it provides better braking power with lesser efforts.
The market for insulated safety brake is expected to grow at a significant rate owing to growing awareness regarding its usage.
Non-insulated Safety Brake:
Non-insulated safety brake is a device that is used to decrease the speed of an automobile by reducing the force of momentum on the vehicle. It's primary function is to protect drivers and pedestrians from accidental injuries caused by collision with another vehicle or a stationary object.
The non-insulated safety brake market has been witnessing significant growth over the past few years owing to increasing number of vehicles across developing countries such as India, China, Brazil and Mexico.
Application Insights:
Based on application, the global safety brake market is segmented into vehicle, industrial machinery and others. Vehicle was estimated as the largest segment in 2017 and is also expected to be fastest-growing over the forecast period. The growth of automotive industry across various regions coupled with rising awareness about driver safety is anticipated to drive demand for SISBs in vehicles over the coming years.
The other applications include construction equipment, chemical tankers/bulk carriers/oil tankers, marine vessels and aircrafts among others. Increasing use of insulated SISBs in these vehicles owing to their ability to absorb shock & vibration along with providing protection against heat & fire are likely to propel its demand from other applications as well.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period as well owing to stringent government regulations regarding employee safety and vehicle braking performance. In North America, there are more than a dozen organizations that test different components of vehicles' systems, such as brakes and tires, for safety compliance. Such testing helps consumers make informed decisions while purchasing new vehicles or when upgrading existing models with better safety features.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to increasing demand for passenger cars and commercial trucks in countries like China and India.
Growth Factors:
- Increasing demand for safety brakes in automobiles
- Growing awareness about the importance of safety brakes in vehicles
- Rising number of road accidents and fatalities across the globe
- Technological advancements in brake systems that improve performance and safety
- Government regulations mandating installation of safety brakes in vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Brake Market Research Report
By Type
Insulated Safety Brake, Non-insulated Safety Brake
By Application
Vehicle, Industrial Machinery, Others
By Companies
SITEMA, Safety Brake Set, Mayr GmbH, Safety Brake & Clutch, Pilz GmbH, EIDE, Dellner Brakes, Ellard, Link Controls, Miki Pulley, SITEMA, Henan Zhongyuan brake Co,.Ltd, VMA
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Safety Brake Market Report Segments:
The global Safety Brake market is segmented on the basis of:
Types
Insulated Safety Brake, Non-insulated Safety 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
Vehicle, Industrial Machinery, 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:
- SITEMA
- Safety Brake Set
- Mayr GmbH
- Safety Brake & Clutch
- Pilz GmbH
- EIDE
- Dellner Brakes
- Ellard
- Link Controls
- Miki Pulley
- SITEMA
- Henan Zhongyuan brake Co,.Ltd
- VMA
Highlights of The Safety Brake 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:
- Insulated Safety Brake
- Non-insulated Safety Brake
- By Application:
- Vehicle
- Industrial Machinery
- 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 Safety Brake 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?
A safety brake is a system that helps to prevent a vehicle from moving if it becomes stuck in the mud, snow or sand.
Some of the major companies in the safety brake market are SITEMA, Safety Brake Set, Mayr GmbH, Safety Brake & Clutch, Pilz GmbH, EIDE, Dellner Brakes, Ellard, Link Controls, Miki Pulley, SITEMA, Henan Zhongyuan brake Co,.Ltd, VMA.
The safety brake 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 Safety Brake 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 Safety Brake Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Safety Brake 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 Safety Brake 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 Safety Brake Market Size & Forecast, 2018-2028
4.5.1 Safety Brake Market Size and Y-o-Y Growth
4.5.2 Safety Brake Market Absolute $ Opportunity
Chapter 5 Global Safety Brake 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 Safety Brake Market Size Forecast by Type
5.2.1 Insulated Safety Brake
5.2.2 Non-insulated Safety Brake
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Safety Brake 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 Safety Brake Market Size Forecast by Applications
6.2.1 Vehicle
6.2.2 Industrial Machinery
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Safety Brake 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 Safety Brake 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 Safety Brake Analysis and Forecast
9.1 Introduction
9.2 North America Safety Brake 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 Safety Brake Market Size Forecast by Type
9.6.1 Insulated Safety Brake
9.6.2 Non-insulated Safety Brake
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 Safety Brake Market Size Forecast by Applications
9.10.1 Vehicle
9.10.2 Industrial Machinery
9.10.3 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 Safety Brake Analysis and Forecast
10.1 Introduction
10.2 Europe Safety Brake 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 Safety Brake Market Size Forecast by Type
10.6.1 Insulated Safety Brake
10.6.2 Non-insulated Safety Brake
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 Safety Brake Market Size Forecast by Applications
10.10.1 Vehicle
10.10.2 Industrial Machinery
10.10.3 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 Safety Brake Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Safety Brake 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 Safety Brake Market Size Forecast by Type
11.6.1 Insulated Safety Brake
11.6.2 Non-insulated Safety Brake
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 Safety Brake Market Size Forecast by Applications
11.10.1 Vehicle
11.10.2 Industrial Machinery
11.10.3 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 Safety Brake Analysis and Forecast
12.1 Introduction
12.2 Latin America Safety Brake 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 Safety Brake Market Size Forecast by Type
12.6.1 Insulated Safety Brake
12.6.2 Non-insulated Safety Brake
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 Safety Brake Market Size Forecast by Applications
12.10.1 Vehicle
12.10.2 Industrial Machinery
12.10.3 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) Safety Brake Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Safety Brake 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) Safety Brake Market Size Forecast by Type
13.6.1 Insulated Safety Brake
13.6.2 Non-insulated Safety Brake
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) Safety Brake Market Size Forecast by Applications
13.10.1 Vehicle
13.10.2 Industrial Machinery
13.10.3 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 Safety Brake Market: Competitive Dashboard
14.2 Global Safety Brake Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SITEMA
14.3.2 Safety Brake Set
14.3.3 Mayr GmbH
14.3.4 Safety Brake & Clutch
14.3.5 Pilz GmbH
14.3.6 EIDE
14.3.7 Dellner Brakes
14.3.8 Ellard
14.3.9 Link Controls
14.3.10 Miki Pulley
14.3.11 SITEMA
14.3.12 Henan Zhongyuan brake Co,.Ltd
14.3.13 VMA
