The global industrial brakes market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for industrial brakes in various applications such as material handling, mining, lifts and escalators, energy, marine and shipping. The material handling segment accounted for the largest share of the global industrial brakes market in 2017 and is expected to continue its dominance throughout the forecast period due to its high demand from various industries such as automotive industry, construction industry and others.
The North American region accounted for the largest share of this market in 2017 due to high adoption rates of industrial brakes in various applications such as material handling, mining and marine & shipping among others. Europe followed North America with a significant share owing to its large number of manufacturing facilities that use these products extensively across different industries including automotive industry and construction industry among others. Asia Pacific is expected to witness significant growth during the forecast period owing to increasing demand from countries such as China which has been witnessing rapid economic development over recent years leading up until now.
- The increasing demand for vehicles in emerging economies such as China and India is expected to drive the growth of the global industrial brakes market.
- The increasing demand for heavy duty trucks in developing countries is also expected to drive the growth of the global industrial brakes market.
- Increasing investments by OEMs in new technologies such as electric and hybrid vehicles are also expected to fuel the growth of this market over the forecast period.
- Increasing focus on safety standards by governments across various regions is also expected to fuel this market's growth over the forecast period, especially in Europe and North America where safety regulations are stringent.
- The introduction of new braking technologies such as regenerative braking systems, which can be used with conventional brake systems, is also anticipated to boost this market's growth over the forecast period.
Industry Growth Insights published a new data on “Industrial Brakes Market”. The research report is titled “Industrial Brakes Market research by Types (Disc Brakes, Drum Brakes, Others), By Applications (Material Handling, Mining, Lifts and Escalators, Energy, Marine and Shipping, Others), By Players/Companies Altra, Eaton, CBF, Akebono Brake, Huawu, Jingu Brake, Pintsch Bubenzer, SANYO SHOJI, SIBRE, Jiaozuo Changjiang Brake, Antec, GEMCO, Jiaozuo Brake, Shanghai Borui, Wulong, Tolomatic”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Brakes Market Research Report
By Type
Disc Brakes, Drum Brakes, Others
By Application
Material Handling, Mining, Lifts and Escalators, Energy, Marine and Shipping, Others
By Companies
Altra, Eaton, CBF, Akebono Brake, Huawu, Jingu Brake, Pintsch Bubenzer, SANYO SHOJI, SIBRE, Jiaozuo Changjiang Brake, Antec, GEMCO, Jiaozuo Brake, Shanghai Borui, Wulong, Tolomatic
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Brakes Market Report Segments:
The global Industrial Brakes market is segmented on the basis of:
Types
Disc Brakes, Drum Brakes, Others
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
Material Handling, Mining, Lifts and Escalators, Energy, Marine and Shipping, 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:
- Altra
- Eaton
- CBF
- Akebono Brake
- Huawu
- Jingu Brake
- Pintsch Bubenzer
- SANYO SHOJI
- SIBRE
- Jiaozuo Changjiang Brake
- Antec
- GEMCO
- Jiaozuo Brake
- Shanghai Borui
- Wulong
- Tolomatic
Highlights of The Industrial 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:
- Disc Brakes
- Drum Brakes
- Others
- By Application:
- Material Handling
- Mining
- Lifts and Escalators
- Energy
- Marine and Shipping
- 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 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
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- Product & Brand Management
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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 brakes are a type of braking system used in industrial applications. They are typically more powerful than traditional brakes, and can be used to stop large vehicles quickly.
Some of the major players in the industrial brakes market are Altra, Eaton, CBF, Akebono Brake, Huawu, Jingu Brake, Pintsch Bubenzer, SANYO SHOJI, SIBRE, Jiaozuo Changjiang Brake, Antec, GEMCO, Jiaozuo Brake, Shanghai Borui, Wulong, Tolomatic.
The industrial brakes market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial 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. Industrial Brakes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Brakes Market - Supply Chain
4.5. Global Industrial Brakes Market Forecast
4.5.1. Industrial Brakes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Brakes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Brakes Market Absolute $ Opportunity
5. Global Industrial 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. Industrial Brakes Market Size and Volume Forecast by Type
5.3.1. Disc Brakes
5.3.2. Drum Brakes
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial 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. Industrial Brakes Market Size and Volume Forecast by Application
6.3.1. Material Handling
6.3.2. Mining
6.3.3. Lifts and Escalators
6.3.4. Energy
6.3.5. Marine and Shipping
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial 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. Industrial 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 Industrial 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. Industrial 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 Industrial Brakes Demand Share Forecast, 2019-2026
9. North America Industrial 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 Industrial 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 Industrial Brakes Market Size and Volume Forecast by Application
9.4.1. Material Handling
9.4.2. Mining
9.4.3. Lifts and Escalators
9.4.4. Energy
9.4.5. Marine and Shipping
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Brakes Market Size and Volume Forecast by Type
9.7.1. Disc Brakes
9.7.2. Drum Brakes
9.7.3. Others
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 Industrial Brakes Demand Share Forecast, 2019-2026
10. Latin America Industrial 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 Industrial 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 Industrial Brakes Market Size and Volume Forecast by Application
10.4.1. Material Handling
10.4.2. Mining
10.4.3. Lifts and Escalators
10.4.4. Energy
10.4.5. Marine and Shipping
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Brakes Market Size and Volume Forecast by Type
10.7.1. Disc Brakes
10.7.2. Drum Brakes
10.7.3. Others
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 Industrial Brakes Demand Share Forecast, 2019-2026
11. Europe Industrial 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 Industrial 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 Industrial Brakes Market Size and Volume Forecast by Application
11.4.1. Material Handling
11.4.2. Mining
11.4.3. Lifts and Escalators
11.4.4. Energy
11.4.5. Marine and Shipping
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Brakes Market Size and Volume Forecast by Type
11.7.1. Disc Brakes
11.7.2. Drum Brakes
11.7.3. Others
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 Industrial Brakes Demand Share, 2019-2026
12. Asia Pacific Industrial 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 Industrial 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 Industrial Brakes Market Size and Volume Forecast by Application
12.4.1. Material Handling
12.4.2. Mining
12.4.3. Lifts and Escalators
12.4.4. Energy
12.4.5. Marine and Shipping
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Brakes Market Size and Volume Forecast by Type
12.7.1. Disc Brakes
12.7.2. Drum Brakes
12.7.3. Others
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 Industrial Brakes Demand Share, 2019-2026
13. Middle East & Africa Industrial 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 Industrial 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 Industrial Brakes Market Size and Volume Forecast by Application
13.4.1. Material Handling
13.4.2. Mining
13.4.3. Lifts and Escalators
13.4.4. Energy
13.4.5. Marine and Shipping
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Brakes Market Size and Volume Forecast by Type
13.7.1. Disc Brakes
13.7.2. Drum Brakes
13.7.3. Others
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 Industrial Brakes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Brakes Market: Market Share Analysis
14.2. Industrial Brakes Distributors and Customers
14.3. Industrial Brakes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Altra
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CBF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Akebono Brake
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Huawu
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jingu Brake
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pintsch Bubenzer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SANYO SHOJI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SIBRE
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jiaozuo Changjiang Brake
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Antec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GEMCO
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiaozuo Brake
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shanghai Borui
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Wulong
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tolomatic
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
