Home / Market Reports / Machinery & Equipment
/ Global Electromagnetic Brakes Market Growth 2024-2030
Global Electromagnetic Brakes Market Growth 2024-2030
Product Code:866720
Published Date: Jan 02,2024
Pages: 141
Region: Global
Category: Machinery & Equipment
PDF DOWNLOAD
GET FREE SAMPLE
CUSTOMIZE REQUEST
PDF DOWNLOAD
GET FREE SAMPLE
CUSTOMIZE REQUEST
Provide comprehensive and accurate analysis and reports according to your exact requirements
According to our LPI (LP Information) latest study, the global Electromagnetic Brakes market size was valued at US$ 714.4 million in 2023. With growing demand in downstream market, the Electromagnetic Brakes is forecast to a readjusted size of US$ 885.4 million by 2030 with a CAGR of 3.1% during review period.
The research report highlights the growth potential of the global Electromagnetic Brakes market. Electromagnetic Brakes are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Electromagnetic Brakes. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Electromagnetic Brakes market.
Electromagnetic brake is a mechanical part that stops or decelerates moving parts in a machine. Commonly known as brakes. The brake is mainly composed of a brake frame, brake parts and a control device. Some brakes are also equipped with an automatic adjustment of the brake clearance. In order to reduce the braking torque and structure size, the brake is usually installed on the high-speed shaft of the equipment, but large equipment with high safety requirements (such as mine hoists, elevators, etc.) should be installed on the low-speed shaft near the working part of the equipment on.
The Electromagnetic Brakes is classified into the single face brake, power off brake, particle brake, hysteresis power brake and multiple disk brake according to the product type. As of 2019, Single Face Brake segment holds the largest market contributing about 45% share, reach to $ 339.68 million. Electromagnetic Brakes is major applied in material handling, packaging industry, elevator, medical and others industry, in 2019 demand for a material handling industry is the major consumption market, with 25.4% market share. The Electromagnetic Brakes market is relative concentrated market; key players include Ogura Industrial, Altra Industrial Motion, Kendrion, KEB Automation, Mayr, Precima Magnettechnik, Miki Pulley, Dunkermotoren, OSAKI, Ortlinghaus Group, Cantoni Motor, Re SpA, Magnetic Technologies, EIDE, SUCO, Emco Dynatorq, YAN Industries, etc; The revenue of top ten manufacturers accounts about 68.14% of the total revenue in 2019. The high-end products mainly come from Europe and North America.
Key Features:
The report on Electromagnetic Brakes market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Electromagnetic Brakes market. It may include historical data, market segmentation by Type (e.g., Single Face Brake, Power off Brake), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Electromagnetic Brakes market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Electromagnetic Brakes market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Electromagnetic Brakes industry. This include advancements in Electromagnetic Brakes technology, Electromagnetic Brakes new entrants, Electromagnetic Brakes new investment, and other innovations that are shaping the future of Electromagnetic Brakes.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Electromagnetic Brakes market. It includes factors influencing customer ' purchasing decisions, preferences for Electromagnetic Brakes product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Electromagnetic Brakes market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Electromagnetic Brakes market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Electromagnetic Brakes market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Electromagnetic Brakes industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Electromagnetic Brakes market.
Market Segmentation:
Electromagnetic Brakes market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Single Face Brake
Power off Brake
Particle Brake
Hysteresis Power Brake
Multiple Disk Brake
Segmentation by application
Material Handling
Packaging Industry
Elevator
Medical
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ogura Industrial
Altra Industrial Motion
Kendrion
KEB Automation
Mayr
Precima Magnettechnik
Miki Pulley
Dunkermotoren
OSAKI
Ortlinghaus Group
Cantoni Motor
Re SpA
Magnetic Technologies
EIDE
SUCO
Emco Dynatorq
YAN Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electromagnetic Brakes market?
What factors are driving Electromagnetic Brakes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electromagnetic Brakes market opportunities vary by end market size?
How does Electromagnetic Brakes break out type, application?RELATED REPORTS
- 28
Jan
2021
Global Electromagnetic Brakes Market Growth 2021-2026
Pages: 158|Category: MACHINERY & EQUIPMENT
According to this latest study, the 2021 growth of Electromagnetic Brakes will have significant change from previous year. By the most conservative estimates of global Electromagnetic Brakes market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 692.8 million in 2020. Over the next five years the Electromagnetic Brakes market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 783.1 million by 2026.
$3660.00
