Global Industrial Brakes and Clutches Industry Report 2023-2030: Wider Use Case across Numerous Application Domains - Cornerstone for Present & Future Growth
Thursday, October 26, 2023
DUBLIN, Oct. 18, 2023 /PRNewswire/ -- The "Industrial Brakes and Clutches - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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Global Industrial Brakes and Clutches Market to Reach $1.9 Billion by 2030
The global market for Industrial Brakes and Clutches estimated at US$1.4 Billion in the year 2022, is projected to reach a revised size of US$1.9 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.
Mechanical Friction, one of the segments analyzed in the report, is projected to record 3.7% CAGR and reach US$824.3 Million by the end of the analysis period. Growth in the Electromagnetic segment is estimated at 4.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $319 Million, While China is Forecast to Grow at 5.4% CAGR
The Industrial Brakes and Clutches market in the U.S. is estimated at US$319 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$405.9 Million by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
What`s New?
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and trademarked research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
MARKET OVERVIEW
-- Effect of the Pandemic on Industrial Brakes and Clutches Market
-- The Pandemic Unleashes Unique Challenges for Industrial Brakes & Clutch
Manufacturers
-- Contingency Plans for Business Continuity
-- Industrial Brakes and Clutches - A Primer
-- Types of Industrial Brakes and Clutches
-- Brakes/Clutches Actuation Methods
-- Cooling of Brakes and Clutches
-- Health Hazards Associated with Handling and Repair of Brakes and
Clutches
-- Regulations Governing Treatment and Disposal of Brake and Clutch
Materials
-- End-Use Applications
-- Industrial Brakes and Clutches: An Introductory Prelude
-- Wider Use Case across Numerous Application Domains: Cornerstone for
Present & Future Growth
-- Select Applications of Industrial Brakes & Clutches in Key Verticals
-- Interest in Industrial Automation Creates Opportunities
-- Emphasis on Performance & Safety of Industrial Systems Directs
Progressive Trajectory
-- Global Market Prospects & Outlook
-- Developed Regions: Key Revenue Contributors
-- Developing Economies: Prime Growth Drivers
-- Asia-Pacific: The Fastest Growing Regional Market
-- Competitive Scenario
-- Vendors Emphasize Brand Name to Sustain Market Growth
-- One-Stop-Shop Concept Remains Important Strategy
-- Tailored Approach Towards Robust Distribution Network
-- After-Sales Support: A Scoring Point
-- Growing Competition from Asian Companies
-- Mounting Pricing Pressure
-- Consolidation Remains a Major Trait
-- Recent Market Activity
-- Industrial Brakes and Clutches - Global Key Competitors Percentage
Market Share in 2023 (E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2023 (E)
MARKET TRENDS & DRIVERS
-- Product Innovation Continues to Drive Growth in the Industrial Brakes &
Clutches Market
-- Advancements & Innovations Remain the Primary Focus Area
-- End-Use Level Requirements Spur Changes in Brake and Clutch Design
-- Improvements in Permanent Holding Magnet Brakes Deliver Additional
Capabilities
-- Novel Manufacturing Methods Aid Roll Out of Sophisticated Designs
-- A Note on Select Innovative Brake & Clutch Products
-- Global Market for Clutches and Brakes: Major Trends
-- Specifying the Right Brake and Clutch Designs Becomes Important in the
Current Dynamic Scenario
-- Investments in Emerging Technologies Presents New Growth Opportunities
-- Electromagnetic Caliper Brakes Make Robust Gains
-- Technical Superiority Over Drum Brakes Widens Prospects for Disc Brakes
-- Demand for Drum-Style Brakes to Remain High
-- Rugged Brakes for Hazardous Environments Exhibit Growth
-- Parking Brakes for Locking Idle Machinery
-- Rising Emphasis on Industry 4.0 & Smart Factory Widens Prospects
-- A Glimpse of First, Second, Third & Fourth Industrial Revolutions
-- Soaring Demand for Food Processing Machinery Steers Market Momentum
-- Regulations Drive Adoption of Washdown Brakes
-- Oil Shear Technology for Brakes and Clutches Used in Food Processing
Industry
-- Material Handling Equipment: A Key End-Use Vertical
-- Machinery-Intensive Textile Sector Extends Potential Opportunities
-- Machine Tools Sector Underpins Revenue Growth
-- Brakes & Clutches Assume Critical Importance in Mining Conveyors
-- Mining Operators Prioritize Hydraulic Brakes for Overland Conveyors
-- Servo Motors: A Niche End-Use Market for Industrial Brakes
-- Industrial Brakes & Clutches for Hassle-Free Web Tension Control
-- Small Diameter Brakes Gain Traction in Medical & Pharmaceutical Robots
-- Brakes and Clutches for Paper Processing Equipment
-- Integrated Packages: Order of the Day in Motor Market
-- Heavy-Duty Brakes for Dynamic Applications
-- Traditional Brakes Sustain Momentum
-- Replacement Demand Enhances Market Prospects
-- Backstopping Clutches with High Torque Capacity Come to the Fore
-- Uncertainty in Raw Materials Prices Remains a Major Challenge
FOCUS ON SELECT PLAYERS (Total 174 Featured)
-- Continental AG
-- Brembo SpA
-- Akebono Brake Industry Co., Ltd.
-- Altra Industrial Motion Corporation
-- Cross & Morse
-- EXEDY Corporation
-- DESCH Antriebstechnik GmbH & Co. KG
-- Dover Flexo Electronics, Inc.
-- Autoliv Japan Ltd.
-- Dynatect Manufacturing, Inc.
-- Andantex USA, Inc.
-- Baruffaldi SpA
-- Designatronics, Inc.
-- Chr. Mayr GmbH + Co. KG
-- Aisin Corporation
For more information about this report visit https://www.researchandmarkets.com/r/4z9icl
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