According to a market report by Lucintel, the future of the global industrial brake market looks promising with opportunities in the marine & shipping, mining, manufacturing, construction, and entertainment markets. The global industrial brake market is expected to grow with a CAGR of 5.7% from 2025 to 2031. The major drivers for this market are the increasing demand for heavy machinery safety, the rising use in automotive & transportation, and the growing adoption of advanced braking technologies.
A more than
150-page report to understand trends, opportunity and forecast in global industrial
brake market to 2031 by type (mechanically applied brakes, hydraulically
applied brakes, pneumatically applied brakes, and electrically applied brakes),
application (holding brakes, dynamic & emergency brakes, and tension
brakes), end use (marine & shipping, mining, manufacturing, construction,
entertainments, and others), and region (North America, Europe, Asia Pacific,
and the Rest of the World).
Lucintel
forecasts that, within the type category, electrically applied brake is
expected to witness the highest growth over the forecast period.
Within the
end use category, manufacturing is expected to witness the highest growth.
Download
sample by clicking on industrial brake market.
In terms
of region, North America is expected to witness the highest growth over the
forecast period.
Altra
Industrial Motion Corp., Akebono Brake Industry Co. Ltd., Haldex AB, ADVICS CO.
LTD., KTR Systems GmbH, Hilliard Corporation, Kor-Pak Corporation, Dellner
Bubenzer, Tolomatic Inc., Antec SA are the major suppliers in the industrial brake market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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