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Industrial Brakes Market

Industrial Brakes Market (Product Type: Disc Brakes and Drum Brakes; Actuation Type: Mechanical, Hydraulic, Pneumatic, Electric, and Spring; End-use Industry: Manufacturing, Construction, Mining, Marine and Shipping, Power and Energy, and Others; and Distribution Channel: Direct and Indirect) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Manufacturing & Construction Industries Help Companies Stay Financially Afloat during COVID-19 Outbreak

Similar to most industries, business activities have been affected in the industrial brakes market during the COVID-19 outbreak. Due to poor market sentiments, factories are functioning in a staggered manner. Nevertheless, a significant dip in coronavirus cases is anticipated to revive market growth. Companies are focusing on key revenue generating industries such as manufacturing, power & energy, and construction to stay financially afloat.

Companies in the industrial brakes market are taking data-driven decisions before investing in new technologies and regions. Since packaging, food & beverage, and agriculture industries have been working at breakneck speeds during the pandemic, industrial brake providers have been establishing long-term business relations with stakeholders in these industries.

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Hydraulic Brakes V/S Mechanical Brakes: Which is Better?

The industrial brakes market is projected to surpass US$ 1.72 Bn by 2031. However, it is important to know the difference between hydraulic brakes and mechanical brakes used for industrial equipment. It has been found that hydraulic brakes are more efficient than most brakes when coming to a complete stop. Hydraulics also offer better cost economy and space compared to other industrial brakes.

Mechanical brakes, on the other hand, are being publicized for absorbing energy and acting by generating frictional forces. The stopping power of a mechanical brake largely depends on the surface area of frictional surfaces.

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Spring-applied Brakes Ideal for Wind Turbines and Conveyor Systems

The industrial brakes market is projected to advance at a CAGR of 3.7% during the forecast period. This is evident, owing to high competition for innovations in industrial brakes that meet demanding industrial equipment applications. Kendrion - a provider of electromagnetic actuators and components for passenger cars & commercial vehicles and industrial applications, is building its portfolio in spring-applied brakes that deploy high braking energy and wear resistance.

Manufacturers in the industrial brakes market are investing in R&D to develop spring-applied brakes with high permissible braking energies, high torques, and wear resistance. They are increasing the availability of spring-applied brakes that facilitate diverse integration and installation options. These brakes are ideal for wind turbines, conveyor systems, and robotics.

Steel, Nuclear, and Construction Industries Creating Income Sources for Manufacturers

Crane applications are fueling the demand for industrial brakes. Altra Industrial Motion - a designer and manufacturer of a wide range of motion control & power transmission solutions, is offering industrial braking systems for crane applications by collaborating with engineers and technicians. Steel, nuclear, and construction industries are generating revenue streams for manufacturers in the industrial brakes market.

Steel industries are boosting the demand for service brakes, emergency brakes, thruster brakes, and electromagnetic brakes, among others. Manufacturers in the industrial brakes market are bolstering their output capacities for electromagnetic and hydraulic brakes for nuclear industries. Disc brakes and drum brakes are preferred in construction industries.

Easy to Set-up, Install, and Maintain Industrial Brakes in High Demand

Designing equipment systems requires knowing how the braking system would impact mechanisms down the line. Kor-Pak - an OEM and distributor for industrial equipment, is providing a comprehensive range of industrial brakes and clutches that are easy to set up, install, and maintain.

Companies in the industrial brakes market are innovating in fail-safe brakes that help shut down the application’s movement immediately due to issues or power loss. They are innovating in hydraulic release brakes that are a type of spring-loaded brakes that provide adjustable torque by using hydraulic energy. Mining winches, overhead cranes, steel rolling systems, and the likes are triggering the demand for industrial brakes. Warehousing, medical, steel mills, and food processing industries are translating into revenue opportunities for companies in the industrial brakes market.

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Analysts’ Viewpoint

Although factory shutdowns have affected sales opportunities for companies in the industrial brakes market, companies are focusing on essential applications in the manufacturing, steel and construction industries during the COVID-19 pandemic. In order to ensure longevity of industrial brakes, it has become necessary to know the differences between types of industrial brakes for end-use applications. Hence, companies should heavily invest in R&D and gain in-depth knowledge about industrial braking systems to meet demanding applications of customers, clients, and partners. They should collaborate with engineers and technicians who educate end users about appropriate industrial braking system as per specific application. Certifications such as Quality Management System and ISO compliance are helping to boost company credibility credentials.

Industrial Brakes Market: Overview

  • According to Transparency Market Research’s latest research report on the global industrial brakes market for the historical period 2017, 2018, and 2019, and the forecast period of 2021–2031, increasing spending on research and development and rapid industrialization in emerging economies are expected to accelerate the industrial brakes market across the globe
  • An industrial brake is a frictional device that is used to stop a rotating inertia load or to hold a component in a specific position without motion. The inertia load is usually the result of several rotating components that need to be stopped. They convert the kinetic energy, produced through the friction between two surfaces, into heat to slow something down. Industrial brakes are different from automotive brakes and they find application in a wide range of industrial machineries. Industrial brakes are operational in extreme weather conditions, need less service due to fewer moving parts, and provide simplicity of adjustments to various applications. All these factors are expected to increase the demand for industrial brakes across the world during the forecast period.
  • In terms of revenue, the global industrial brakes market is expected to exceed the value of US$ 1.72 Bn by 2031, expanding at a CAGR of 3.7% during the forecast period. Industrial brakes have a simple structure, are used in almost every industrial application, and have easy maintenance and inspection. Thus, demand for industrial brakes is expected to increase across the world.

Manufacturers of Industrial Brakes Focus on Technological Innovations and Developments

  • A large share of companies opt for technologically advanced and convenient products. Manufacturers are engaging in research and development to create industrial brakes that are simple to use and require little technical expertise to comprehend their functions and applications by end-use industries. This is expected to drive the overall growth of the industrial brakes market during the forecast period.
  • Industrial brakes have numerous advantages, one of which is their minimal parts and spares required. Other advantages are easy hygiene as it is all one piece, outstanding return on investment due to the longevity of the industrial brakes, and the ability to operate in extreme environments. Furthermore, rapid industrialization and increasing government expenditures in industrial sectors to boost production is likely to have a significant impact on the industrial brakes market during the forecast period. All these factors have resulted in an increase in demand for industrial brakes throughout the world, and the market is expected to rise at a significant rate throughout the projected period.
  • However, instability in prices of raw materials, which are used in industrial brakes manufacturing, exchange rate volatility, and stringent government regulations are expected to hamper the industrial brakes market during the forecast period
  • Rapid industrialization and commercialization are occurring in developing countries, especially in the Asia Pacific region. Besides, increasing investments by local governments in end-use industries creates lucrative opportunities for manufacturers to target these economies.

Increasing Demand from Asia Pacific

  • Asia Pacific is expected to lead the global industrial brakes market and expand at a fast-paced CAGR during the forecast period, followed by Europe. Asia Pacific is home to a majority of emerging economies, which are manufacturing driven economies. The market in Asia Pacific is anticipated to expand at a prominent growth rate during the forecast period, as various companies are shifting their manufacturing facilities to Asia Pacific. Initiatives & investments associated with increasing manufacturing in the region are expected to further boost the industrial brakes market in Asia Pacific.
  • Rising industrialization in Asia Pacific is estimated to boost the demand for industrial brakes from various industries. Industrial brakes are majorly utilized in the manufacturing industry, construction industry, mining industry, and power and energy industry and Asia Pacific is estimated to hold a major share of the global demand for industrial brakes as the region is a prominent manufacturing hub.

Industrial Brakes Market: Competition Landscape

  • Detailed profiles of providers of industrial brakes have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • The industrial brakes market is fragmented due to the presence of several players. Competition is expected to intensify in the coming years due to the entry of several local players.
    • Key players operating in the global industrial brakes market are
    • Akebono Brake Industry Co., Ltd.
    • Altra Industrial Motion Corporation
    • Ametek Inc.
    • Aplicación Nuevas Tecnologías Antec SAU
    • Dellner Bubenzer Germany GmbH
    • Hilliard Corporation
    • Kobelt Manufacturing Co. Ltd.
    • KOR-PAK Corporation
    • Ringspann GmbH
    • Tolomatic, Inc., etc.

Industrial Brakes Market: Key Developments

  • Key manufacturers of industrial brakes such as Akebono Brake Industry Co., Ltd., Altra Industrial Motion Corporation, Aplicación Nuevas Tecnologías Antec SAU, and others are focusing on product innovation and development. Companies are concentrating on expanding their geographical reach to stay competitive in the market and cater to a large customer base. Furthermore, many manufacturers are planning to acquire small scale companies or work in collaboration with them to have a competitive share in the global market. These are the key strategies followed by industrial brakes companies to increase their market share in terms of revenue.
    • In March 2020, Altra Industrial Motion Corporation developed a new electromagnetic brake that consumes significantly less electricity when in use. The brake is extremely efficient and well-suited to electric vehicle applications, as well as a wide range of soft stops. It will assist the company in gaining new consumers, increase market share, and income.
    • Ringspann GmbH is concentrating its efforts on expanding its product and service offerings, enhancing customer attention by modifying the website (making it customer-friendly), enhancing sales operations, and advancing the company's digitization. The new production hall in Germany will focus on extending and upgrading production capacity in the areas of brakes, clutches, couplings, and shaft-hub connections.
    • In January 2018, Pintsch Bubenzer, a German industrial brake company was acquired by Dellner Brakes, allowing both the companies to expand globally while also enabling them to expand their individual brands in the industrial market sector

Industrial Brakes Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 1.16 Bn

Market Forecast Value in 2031

US$ 1.72 Bn

Growth Rate (CAGR)

3.7%

Forecast Period

2021-2031

Quantitative Units

US$ Mn for Value & ‘000 Units for Volume

Market Analysis

Global qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, parent market overview, SWOT analysis etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, key supplier analysis, and COVID-19 impact analysis.

Competition Landscape

  • Market Player – Competition Dashboard and Revenue Share Analysis 2020
  • Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, COVID – 19 Response, Strategy & Business Overview)

Market Segmentation

  • Product Type
    • Disc Brakes
    • Drum Brakes
  • Actuation Type
    • Mechanical
    • Hydraulic
    • Pneumatic
    • Electric
    • Spring
  • End-use Industry
    • Manufacturing
    • Construction
    • Mining
    • Marine and Shipping
    • Power and Energy
    • Others (Packaging, Material Handling, Foods and Beverages, etc.)
  • Distribution Channel
    • Direct
    • Indirect

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • U.K.
  • Germany
  • France
  • Japan
  • China
  • India
  • GCC Countries
  • South Africa
  • Brazil

Companies Profiled

  • Akebono Brake Industry Co., Ltd.
  • Altra Industrial Motion Corporation
  • Ametek Inc.
  • Aplicación Nuevas Tecnologías Antec SAU
  • Dellner Bubenzer Germany GmbH
  • Hilliard Corporation
  • Kobelt Manufacturing Co. Ltd.
  • KOR-PAK Corporation
  • Ringspann GmbH
  • Tolomatic, Inc.

Customization Scope

Available upon Request

Pricing

Available upon Request

Industrial Brakes Market – Segmentation

TMR’s study on the global industrial brakes market includes information categorized into five sections ― product type, actuation type, end-use industry, distribution channel, and region. Changing industry trends and other crucial market dynamics associated with these sections of the industrial brakes market are discussed in detail.

Product Type
  • Disc Brakes
  • Drum Brakes
Actuation Type
  • Mechanical
  • Hydraulic
  • Pneumatic
  • Electric
  • Spring
End-use Industry
  • Manufacturing
  • Construction
  • Mining
  • Marine and Shipping
  • Power and Energy
  • Others
Distribution Channel
  • Direct
  • Indirect
Region
  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

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Frequently Asked Questions

What is the study period of Industrial Brakes Market?

The Industrial Brakes Market is studied from 2021 - 2031.

What is the projected market size of the Industrial Brakes Market?

Industrial Brakes Market to Exceed Valuation Of US$ 1.72 Bn By 2031.

What is the projected market growth rate of the Industrial Brakes Market?

The global industrial brakes market is estimated to expand at a CAGR of 3.7% during the forecast period.

What are the segments covered in the Industrial Brakes Market report?

The global Industrial Brakes Market is segmented on basis of application, imaging modality and key regions.

What are the top players operating in the Industrial Brakes Market?

Key players operating in the global industrial brakes market are Akebono Brake Industry Co., Ltd., Altra Industrial Motion Corporation, Ametek Inc., Aplicación Nuevas Tecnologías Antec SAU, Dellner Bubenzer Germany GmbH, Hilliard Corporation, Kobelt Manufacturing Co. Ltd., KOR-PAK Corporation, Ringspann GmbH, Tolomatic, Inc., etc.

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions

3. Research Methodology

4. Executive Summary

5. Market Overview

    5.1. Introduction

    5.2. Market Dynamics

        5.2.1. Drivers

        5.2.2. Restraints

        5.2.3. Opportunities

    5.3. Key Trends Analysis

        5.3.1. Demand Side Analysis

        5.3.2. Supply Side Analysis

    5.4. Key Market Indicators

        5.4.1. Overall Brakes Market Overview

    5.5. Value Chain Analysis

    5.6. Porter’s Five Forces Analysis

    5.7. Industry SWOT Analysis

    5.8. Global Industrial Brakes Market Analysis and Projection, 2017 - 2031

        5.8.1. Market Value Projections (US$ Mn)

        5.8.2. Market Volume Projections (Thousand Units)

6. Global Industrial Brakes Market Analysis and Forecast, By Product Type

    6.1. Global Industrial Brakes Market Size (US$ Mn & Thousand Units), By Product Type, 2017 - 2031

        6.1.1. Disc Brakes

        6.1.2. Drum Brakes

    6.2. Incremental Opportunity, By Product Type

7. Global Industrial Brakes Market Analysis and Forecast, By Actuation Type

    7.1. Global Industrial Brakes Market Size (US$ Mn & Thousand Units), By Actuation Type, 2017 - 2031

        7.1.1. Mechanical

        7.1.2. Hydraulic

        7.1.3. Pneumatic

        7.1.4. Electric

        7.1.5. Spring

    7.2. Incremental Opportunity, By Actuation Type

8. Global Industrial Brakes Market Analysis and Forecast, By End-use Industry

    8.1. Global Industrial Brakes Market Size (US$ Mn & Thousand Units), By End-use Industry, 2017 - 2031

        8.1.1. Manufacturing

        8.1.2. Construction

        8.1.3. Mining

        8.1.4. Marine and Shipping

        8.1.5. Power and Energy

        8.1.6. Others

    8.2. Incremental Opportunity, By End-use Industry

9. Global Industrial Brakes Market Analysis and Forecast, By Distribution Channel

    9.1. Global Industrial Brakes Market Size (US$ Mn & Thousand Units), By Distribution Channel, 2017 - 2031

        9.1.1. Direct

        9.1.2. Indirect

    9.2. Incremental Opportunity, By Distribution Channel

10. Global Industrial Brakes Market Analysis and Forecast, By Region

    10.1. Global Industrial Brakes Market Size (US$ Mn & Thousand Units), By Region, 2017 - 2031

        10.1.1. North America

        10.1.2. Europe

        10.1.3. Asia Pacific

        10.1.4. Middle East & Africa

        10.1.5. South America

    10.2. Incremental Opportunity, By Region

11. North America Industrial Brakes Market Analysis and Forecast

    11.1. Regional Snapshot

        11.1.1. By Product Type

        11.1.2. By Actuation Type

        11.1.3. By End-use Industry

        11.1.4. By Distribution Channel

        11.1.5. By Country

    11.2. Key Trends

    11.3. Price Trend Analysis

        11.3.1. Weighted Average Selling Price ($)

    11.4. COVID-19 Impact Analysis

    11.5. Key Supplier Analysis

    11.6. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Product Type, 2017 - 2031

        11.6.1. Disc Brakes

        11.6.2. Drum Brakes

    11.7. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Actuation Type, 2017 - 2031

        11.7.1. Mechanical

        11.7.2. Hydraulic

        11.7.3. Pneumatic

        11.7.4. Electric

        11.7.5. Spring

    11.8. Industrial Brakes Market Size (US$ Mn & Thousand Units), By End-use Industry, 2017 - 2031

        11.8.1. Manufacturing

        11.8.2. Construction

        11.8.3. Mining

        11.8.4. Marine and Shipping

        11.8.5. Power and Energy

        11.8.6. Others

    11.9. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Distribution Channel, 2017 - 2031

        11.9.1. Direct

        11.9.2. Indirect

    11.10. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Country & Sub-region, 2017 - 2031

        11.10.1. U.S.

        11.10.2. Canada

        11.10.3. Rest of North America

    11.11. Incremental Opportunity Analysis

12. Europe Industrial Brakes Market Analysis and Forecast

    12.1. Regional Snapshot

        12.1.1. By Product Type

        12.1.2. By Actuation Type

        12.1.3. By End-use Industry

        12.1.4. By Distribution Channel

        12.1.5. By Country

    12.2. Key Trends

    12.3. Price Trend Analysis

        12.3.1. Weighted Average Selling Price ($)

    12.4. COVID-19 Impact Analysis

    12.5. Key Supplier Analysis

    12.6. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Product Type, 2017 - 2031

        12.6.1. Disc Brakes

        12.6.2. Drum Brakes

    12.7. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Actuation Type, 2017 - 2031

        12.7.1. Mechanical

        12.7.2. Hydraulic

        12.7.3. Pneumatic

        12.7.4. Electric

        12.7.5. Spring

    12.8. Industrial Brakes Market Size (US$ Mn & Thousand Units), By End-use Industry, 2017 - 2031

        12.8.1. Manufacturing

        12.8.2. Construction

        12.8.3. Mining

        12.8.4. Marine and Shipping

        12.8.5. Power and Energy

        12.8.6. Others

    12.9. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Distribution Channel, 2017 - 2031

        12.9.1. Direct

        12.9.2. Indirect

    12.10. Industrial Brakes Market Size (US$ Mn & Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031

        12.10.1. U.K.

        12.10.2. Germany

        12.10.3. France

        12.10.4. Rest of Europe

    12.11. Incremental Opportunity Analysis

13. Asia Pacific Industrial Brakes Market Analysis and Forecast

    13.1. Regional Snapshot

        13.1.1. By Product Type

        13.1.2. By Actuation Type

        13.1.3. By End-use Industry

        13.1.4. By Distribution Channel

        13.1.5. By Country

    13.2. Key Trends

    13.3. Price Trend Analysis

        13.3.1. Weighted Average Selling Price ($)

    13.4. COVID-19 Impact Analysis

    13.5. Key Supplier Analysis

    13.6. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Product Type, 2017 - 2031

        13.6.1. Disc Brakes

        13.6.2. Drum Brakes

    13.7. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Actuation Type, 2017 - 2031

        13.7.1. Mechanical

        13.7.2. Hydraulic

        13.7.3. Pneumatic

        13.7.4. Electric

        13.7.5. Spring

    13.8. Industrial Brakes Market Size (US$ Mn & Thousand Units), By End-use Industry, 2017 - 2031

        13.8.1. Manufacturing

        13.8.2. Construction

        13.8.3. Mining

        13.8.4. Marine and Shipping

        13.8.5. Power and Energy

        13.8.6. Others

    13.9. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Distribution Channel, 2017 - 2031

        13.9.1. Direct

        13.9.2. Indirect

    13.10. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Country & Sub-region, 2017 - 2031

        13.10.1. China

        13.10.2. Japan

        13.10.3. India

        13.10.4. Rest of Asia Pacific

    13.11. Incremental Opportunity Analysis

14. Middle East & Africa Industrial Brakes Market Analysis and Forecast

    14.1. Regional Snapshot

        14.1.1. By Product Type

        14.1.2. By Actuation Type

        14.1.3. By End-use Industry

        14.1.4. By Distribution Channel

        14.1.5. By Country

    14.2. Key Trends

    14.3. Price Trend Analysis

        14.3.1. Weighted Average Selling Price ($)

    14.4. COVID-19 Impact Analysis

    14.5. Key Supplier Analysis

    14.6. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Product Type, 2017 - 2031

        14.6.1. Disc Brakes

        14.6.2. Drum Brakes

    14.7. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Actuation Type, 2017 - 2031

        14.7.1. Mechanical

        14.7.2. Hydraulic

        14.7.3. Pneumatic

        14.7.4. Electric

        14.7.5. Spring

    14.8. Industrial Brakes Market Size (US$ Mn & Thousand Units), By End-use  Industry, 2017 - 2031

        14.8.1. Manufacturing

        14.8.2. Construction

        14.8.3. Mining

        14.8.4. Marine and Shipping

        14.8.5. Power and Energy

        14.8.6. Others

    14.9. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Distribution Channel, 2017 - 2031

        14.9.1. Direct

        14.9.2. Indirect

    14.10. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Country & Sub-region, 2017 - 2031

        14.10.1. GCC

        14.10.2. South Africa

        14.10.3. Rest of Middle East & Africa

    14.11. Incremental Opportunity Analysis

15. South America Industrial Brakes Market Analysis and Forecast

    15.1. Regional Snapshot

        15.1.1. By Product Type

        15.1.2. By Actuation Type

        15.1.3. By End-use Industry

        15.1.4. By Distribution Channel

        15.1.5. By Country

    15.2. Key Trends

    15.3. Price Trend Analysis

        15.3.1. Weighted Average Selling Price ($)

    15.4. COVID-19 Impact Analysis

    15.5. Key Supplier Analysis

    15.6. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Product Type, 2017 - 2031

        15.6.1. Disc Brakes

        15.6.2. Drum Brakes

    15.7. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Actuation Type, 2017 - 2031

        15.7.1. Mechanical

        15.7.2. Hydraulic

        15.7.3. Pneumatic

        15.7.4. Electric

        15.7.5. Spring

    15.8. Industrial Brakes Market Size (US$ Mn & Thousand Units), By End-use Industry, 2017 - 2031

        15.8.1. Manufacturing

        15.8.2. Construction

        15.8.3. Mining

        15.8.4. Marine and Shipping

        15.8.5. Power and Energy

        15.8.6. Others

    15.9. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Distribution Channel, 2017 - 2031

        15.9.1. Direct

        15.9.2. Indirect

    15.10. Industrial Brakes Market Size (US$ Mn & Thousand Units), By Country & Sub-region, 2017 - 2031

        15.10.1. Brazil

        15.10.2. Rest of South America

    15.11. Incremental Opportunity Analysis

16. Competition Landscape

    16.1. Market Player – Competition Dashboard and Market Share Analysis (%)

    16.2. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)

        16.2.1. Akebono Brake Industry Co., Ltd.

            16.2.1.1. Company Overview

            16.2.1.2. Sales Area/Geographical Presence

            16.2.1.3. Revenue

            16.2.1.4. Strategy & Business Overview

        16.2.2. Altra Industrial Motion Corporation

            16.2.2.1. Company Overview

            16.2.2.2. Sales Area/Geographical Presence

            16.2.2.3. Revenue

            16.2.2.4. Strategy & Business Overview

        16.2.3. Ametek Inc.

            16.2.3.1. Company Overview

            16.2.3.2. Sales Area/Geographical Presence

            16.2.3.3. Revenue

            16.2.3.4. Strategy & Business Overview

        16.2.4. Aplicación Nuevas Tecnologías Antec SAU

            16.2.4.1. Company Overview

            16.2.4.2. Sales Area/Geographical Presence

            16.2.4.3. Revenue

            16.2.4.4. Strategy & Business Overview

        16.2.5. Dellner Bubenzer Germany GmbH

            16.2.5.1. Company Overview

            16.2.5.2. Sales Area/Geographical Presence

            16.2.5.3. Revenue

            16.2.5.4. Strategy & Business Overview

        16.2.6. Hilliard Corporation

            16.2.6.1. Company Overview

            16.2.6.2. Sales Area/Geographical Presence

            16.2.6.3. Revenue

            16.2.6.4. Strategy & Business Overview

        16.2.7. Kobelt Manufacturing Co. Ltd.

            16.2.7.1. Company Overview

            16.2.7.2. Sales Area/Geographical Presence

            16.2.7.3. Revenue

            16.2.7.4. Strategy & Business Overview

        16.2.8. KOR-PAK Corporation

            16.2.8.1. Company Overview

            16.2.8.2. Sales Area/Geographical Presence

            16.2.8.3. Revenue

            16.2.8.4. Strategy & Business Overview

        16.2.9. Ringspann GmbH

            16.2.9.1. Company Overview

            16.2.9.2. Sales Area/Geographical Presence

            16.2.9.3. Revenue

            16.2.9.4. Strategy & Business Overview

        16.2.10. Tolomatic, Inc.

            16.2.10.1. Company Overview

            16.2.10.2. Sales Area/Geographical Presence

            16.2.10.3. Revenue

            16.2.10.4. Strategy & Business Overview

17. Key Takeaways

    17.1. Solution to Overcome the Current Situation (COVID-19 Impact)

    17.2. Identification of Potential Market Spaces

        17.2.1. Product Type

        17.2.2. Actuation Type

        17.2.3. End-use Industry

        17.2.4. Distribution Channel

        17.2.5. Geography

    17.3. Market Risks

    17.4. Preferred Sales and Marketing Strategy

List of Tables

Table 1: Global Industrial Brakes Market, by Product Type, Thousand Units, 2017-2031

Table 2: Global Industrial Brakes Market, by Product Type, US$ Mn 2017-2031

Table 3: Global Industrial Brakes Market, by Actuation Type, Thousand Units, 2017-2031

Table 4: Global Industrial Brakes Market, by Actuation Type, US$ Mn 2017-2031

Table 5: Global Industrial Brakes Market, by End-use Industry, Thousand Units, 2017-2031

Table 6: Global Industrial Brakes Market, by End-use Industry, US$ Mn 2017-2031

Table 7: Global Industrial Brakes Market, by Distribution Channel, Thousand Units, 2017-2031

Table 8: Global Industrial Brakes Market, by Distribution Channel, US$ Mn 2017-2031

Table 9: Global Industrial Brakes Market, by Region, Thousand Units, 2017-2031

Table 10: Global Industrial Brakes Market, by Region, US$ Mn 2017-2031

Table 11: North America Industrial Brakes Market, by Product Type, Thousand Units, 2017-2031

Table 12: North America Industrial Brakes Market, by Product Type, US$ Mn 2017-2031

Table 13: North America Industrial Brakes Market, by Actuation Type, Thousand Units, 2017-2031

Table 14: North America Industrial Brakes Market, by Actuation Type, US$ Mn 2017-2031

Table 15: North America Industrial Brakes Market, by End-use Industry, Thousand Units, 2017-2031

Table 16: North America Industrial Brakes Market, by End-use Industry, US$ Mn 2017-2031

Table 17: North America Industrial Brakes Market, by Distribution Channel, Thousand Units, 2017-2031

Table 18: North America Industrial Brakes Market, by Distribution Channel, US$ Mn 2017-2031

Table 19: North America Industrial Brakes Market, by Region, Thousand Units, 2017-2031

Table 20: North America Industrial Brakes Market, by Region, US$ Mn 2017-2031

Table 21: Europe Industrial Brakes Market, by Product Type, Thousand Units, 2017-2031

Table 22: Europe Industrial Brakes Market, by Product Type, US$ Mn 2017-2031

Table 23: Europe Industrial Brakes Market, by Actuation Type, Thousand Units, 2017-2031

Table 24: Europe Industrial Brakes Market, by Actuation Type, US$ Mn 2017-2031

Table 25: Europe Industrial Brakes Market, by End-use Industry, Thousand Units, 2017-2031

Table 26: Europe Industrial Brakes Market, by End-use Industry, US$ Mn 2017-2031

Table 27: Europe Industrial Brakes Market, by Distribution Channel, Thousand Units, 2017-2031

Table 28: Europe Industrial Brakes Market, by Distribution Channel, US$ Mn 2017-2031

Table 29: Europe Industrial Brakes Market, by Region, Thousand Units, 2017-2031

Table 30: Europe Industrial Brakes Market, by Region, US$ Mn 2017-2031

Table 31: Asia Pacific Industrial Brakes Market, by Product Type, Thousand Units, 2017-2031

Table 32: Asia Pacific Industrial Brakes Market, by Product Type, US$ Mn 2017-2031

Table 33: Asia Pacific Industrial Brakes Market, by Actuation Type, Thousand Units, 2017-2031

Table 34: Asia Pacific Industrial Brakes Market, by Actuation Type, US$ Mn 2017-2031

Table 35: Asia Pacific Industrial Brakes Market, by End-use Industry, Thousand Units, 2017-2031

Table 36: Asia Pacific Industrial Brakes Market, by End-use Industry, US$ Mn 2017-2031

Table 37: Asia Pacific Industrial Brakes Market, by Distribution Channel, Thousand Units, 2017-2031

Table 38: Asia Pacific Industrial Brakes Market, by Distribution Channel, US$ Mn 2017-2031

Table 39: Asia Pacific Industrial Brakes Market, by Region, Thousand Units, 2017-2031

Table 40: Asia Pacific Industrial Brakes Market, by Region, US$ Mn 2017-2031

Table 41: Middle East & Africa Industrial Brakes Market, by Product Type, Thousand Units, 2017-2031

Table 42: Middle East & Africa Industrial Brakes Market, by Product Type, US$ Mn 2017-2031

Table 43: Middle East & Africa Industrial Brakes Market, by Actuation Type, Thousand Units, 2017-2031

Table 44: Middle East & Africa Industrial Brakes Market, by Actuation Type, US$ Mn 2017-2031

Table 45: Middle East & Africa Industrial Brakes Market, by End-use Industry, Thousand Units, 2017-2031

Table 46: Middle East & Africa Industrial Brakes Market, by End-use Industry, US$ Mn 2017-2031

Table 47: Middle East & Africa Industrial Brakes Market, by Distribution Channel, Thousand Units, 2017-2031

Table 48: Middle East & Africa Industrial Brakes Market, by Distribution Channel, US$ Mn 2017-2031

Table 49: Middle East & Africa Industrial Brakes Market, by Region, Thousand Units, 2017-2031

Table 50: Middle East & Africa Industrial Brakes Market, by Region, US$ Mn 2017-2031

Table 51: South America Industrial Brakes Market, by Product Type, Thousand Units, 2017-2031

Table 52: South America Industrial Brakes Market, by Product Type, US$ Mn 2017-2031

Table 53: South America Industrial Brakes Market, by Actuation Type, Thousand Units, 2017-2031

Table 54: South America Industrial Brakes Market, by Actuation Type, US$ Mn 2017-2031

Table 55: South America Industrial Brakes Market, by End-use Industry, Thousand Units, 2017-2031

Table 56: South America Industrial Brakes Market, by End-use Industry, US$ Mn 2017-2031

Table 57: South America Industrial Brakes Market, by Distribution Channel, Thousand Units, 2017-2031

Table 58: South America Industrial Brakes Market, by Distribution Channel, US$ Mn 2017-2031

Table 59: South America Industrial Brakes Market, by Region, Thousand Units, 2017-2031

Table 60: South America Industrial Brakes Market, by Region, US$ Mn 2017-2031

List of Figures

Figure 1: Global Industrial Brakes Market Projections, by Product Type, Thousand Units, 2017-2031

Figure 2: Global Industrial Brakes Market Projections, by Product Type, US$ Mn 2017-2031

Figure 3: Global Industrial Brakes Market, Incremental Opportunity, by Product Type, US$ Mn 2021 -2031

Figure 4: Global Industrial Brakes Market Projections, by Actuation Type, Thousand Units, 2017-2031

Figure 5: Global Industrial Brakes Market Projections, by Actuation Type, US$ Mn 2017-2031

Figure 6: Global Industrial Brakes Market, Incremental Opportunity, by Actuation Type, US$ Mn 2021 -2031

Figure 7: Global Industrial Brakes Market Projections, by End-use Industry, Thousand Units, 2017-2031

Figure 8: Global Industrial Brakes Market Projections, by End-use Industry, US$ Mn 2017-2031

Figure 9: Global Industrial Brakes Market, Incremental Opportunity, by End-use Industry, US$ Mn 2021 -2031

Figure 10: Global Industrial Brakes Market Projections, by Distribution Channel, Thousand Units, 2017-2031

Figure 11: Global Industrial Brakes Market Projections, by Distribution Channel, US$ Mn 2017-2031

Figure 12: Global Industrial Brakes Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2021 -2031

Figure 13: Global Industrial Brakes Market Projections, by Region, Thousand Units, 2017-2031

Figure 14: Global Industrial Brakes Market Projections, by Region, US$ Mn 2017-2031

Figure 15: Global Industrial Brakes Market, Incremental Opportunity, by Region, US$ Mn 2021 -2031

Figure 16: North America Industrial Brakes Market Projections, by Product Type, Thousand Units, 2017-2031

Figure 17: North America Industrial Brakes Market Projections, by Product Type, US$ Mn 2017-2031

Figure 18: North America Industrial Brakes Market, Incremental Opportunity, by Product Type, US$ Mn 2021 -2031

Figure 19: North America Industrial Brakes Market Projections, by Actuation Type, Thousand Units, 2017-2031

Figure 20: North America Industrial Brakes Market Projections, by Actuation Type, US$ Mn 2017-2031

Figure 21: North America Industrial Brakes Market, Incremental Opportunity, by Actuation Type, US$ Mn 2021 -2031

Figure 22: North America Industrial Brakes Market Projections, by End-use Industry, Thousand Units, 2017-2031

Figure 23: North America Industrial Brakes Market Projections, by End-use Industry, US$ Mn 2017-2031

Figure 24: North America Industrial Brakes Market, Incremental Opportunity, by End-use Industry, US$ Mn 2021 -2031

Figure 25: North America Industrial Brakes Market Projections, by Distribution Channel, Thousand Units, 2017-2031

Figure 26: North America Industrial Brakes Market Projections, by Distribution Channel, US$ Mn 2017-2031

Figure 27: North America Industrial Brakes Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2021 -2031

Figure 28: North America Industrial Brakes Market Projections, by Region, Thousand Units, 2017-2031

Figure 29: North America Industrial Brakes Market Projections, by Region, US$ Mn 2017-2031

Figure 30: North America Industrial Brakes Market, Incremental Opportunity, by Region, US$ Mn 2021 -2031

Figure 31: Europe Industrial Brakes Market Projections, by Product Type, Thousand Units, 2017-2031

Figure 32: Europe Industrial Brakes Market Projections, by Product Type, US$ Mn 2017-2031

Figure 33: Europe Industrial Brakes Market, Incremental Opportunity, by Product Type, US$ Mn 2021 -2031

Figure 34: Europe Industrial Brakes Market Projections, by Actuation Type, Thousand Units, 2017-2031

Figure 35: Europe Industrial Brakes Market Projections, by Actuation Type, US$ Mn 2017-2031

Figure 36: Europe Industrial Brakes Market, Incremental Opportunity, by Actuation Type, US$ Mn 2021 -2031

Figure 37: Europe Industrial Brakes Market Projections, by End-use Industry, Thousand Units, 2017-2031

Figure 38: Europe Industrial Brakes Market Projections, by End-use Industry, US$ Mn 2017-2031

Figure 39: Europe Industrial Brakes Market, Incremental Opportunity, by End-use Industry, US$ Mn 2021 -2031

Figure 40: Europe Industrial Brakes Market Projections, by Distribution Channel, Thousand Units, 2017-2031

Figure 41: Europe Industrial Brakes Market Projections, by Distribution Channel, US$ Mn 2017-2031

Figure 42: Europe Industrial Brakes Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2021 -2031

Figure 43: Europe Industrial Brakes Market Projections, by Region, Thousand Units, 2017-2031

Figure 44: Europe Industrial Brakes Market Projections, by Region, US$ Mn 2017-2031

Figure 45: Europe Industrial Brakes Market, Incremental Opportunity, by Region, US$ Mn 2021 -2031

Figure 46: Asia Pacific Industrial Brakes Market Projections, by Product Type, Thousand Units, 2017-2031

Figure 47: Asia Pacific Industrial Brakes Market Projections, by Product Type, US$ Mn 2017-2031

Figure 48: Asia Pacific Industrial Brakes Market, Incremental Opportunity, by Product Type, US$ Mn 2021 -2031

Figure 49: Asia Pacific Industrial Brakes Market Projections, by Actuation Type, Thousand Units, 2017-2031

Figure 50: Asia Pacific Industrial Brakes Market Projections, by Actuation Type, US$ Mn 2017-2031

Figure 51: Asia Pacific Industrial Brakes Market, Incremental Opportunity, by Actuation Type, US$ Mn 2021 -2031

Figure 52: Asia Pacific Industrial Brakes Market Projections, by End-use Industry, Thousand Units, 2017-2031

Figure 53: Asia Pacific Industrial Brakes Market Projections, by End-use Industry, US$ Mn 2017-2031

Figure 54: Asia Pacific Industrial Brakes Market, Incremental Opportunity, by End-use Industry, US$ Mn 2021 -2031

Figure 55: Asia Pacific Industrial Brakes Market Projections, by Distribution Channel, Thousand Units, 2017-2031

Figure 56: Asia Pacific Industrial Brakes Market Projections, by Distribution Channel, US$ Mn 2017-2031

Figure 57: Asia Pacific Industrial Brakes Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2021 -2031

Figure 58: Asia Pacific Industrial Brakes Market Projections, by Region, Thousand Units, 2017-2031

Figure 59: Asia Pacific Industrial Brakes Market Projections, by Region, US$ Mn 2017-2031

Figure 60: Asia Pacific Industrial Brakes Market, Incremental Opportunity, by Region, US$ Mn 2021 -2031

Figure 61: Middle East & Africa Industrial Brakes Market Projections, by Product Type, Thousand Units, 2017-2031

Figure 62: Middle East & Africa Industrial Brakes Market Projections, by Product Type, US$ Mn 2017-2031

Figure 63: Middle East & Africa Industrial Brakes Market, Incremental Opportunity, by Product Type, US$ Mn 2021 -2031

Figure 64: Middle East & Africa Industrial Brakes Market Projections, by Actuation Type, Thousand Units, 2017-2031

Figure 65: Middle East & Africa Industrial Brakes Market Projections, by Actuation Type, US$ Mn 2017-2031

Figure 66: Middle East & Africa Industrial Brakes Market, Incremental Opportunity, by Actuation Type, US$ Mn 2021 -2031

Figure 67: Middle East & Africa Industrial Brakes Market Projections, by End-use Industry, Thousand Units, 2017-2031

Figure 68: Middle East & Africa Industrial Brakes Market Projections, by End-use Industry, US$ Mn 2017-2031

Figure 69: Middle East & Africa Industrial Brakes Market, Incremental Opportunity, by End-use Industry, US$ Mn 2021 -2031

Figure 70: Middle East & Africa Industrial Brakes Market Projections, by Distribution Channel, Thousand Units, 2017-2031

Figure 71: Middle East & Africa Industrial Brakes Market Projections, by Distribution Channel, US$ Mn 2017-2031

Figure 72: Middle East & Africa Industrial Brakes Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2021 -2031

Figure 73: Middle East & Africa Industrial Brakes Market Projections, by Region, Thousand Units, 2017-2031

Figure 74: Middle East & Africa Industrial Brakes Market Projections, by Region, US$ Mn 2017-2031

Figure 75: Middle East & Africa Industrial Brakes Market, Incremental Opportunity, by Region, US$ Mn 2021 -2031

Figure 76: South America Industrial Brakes Market Projections, by Product Type, Thousand Units, 2017-2031

Figure 77: South America Industrial Brakes Market Projections, by Product Type, US$ Mn 2017-2031

Figure 78: South America Industrial Brakes Market, Incremental Opportunity, by Product Type, US$ Mn 2021 -2031

Figure 79: South America Industrial Brakes Market Projections, by Actuation Type, Thousand Units, 2017-2031

Figure 80: South America Industrial Brakes Market Projections, by Actuation Type, US$ Mn 2017-2031

Figure 81: South America Industrial Brakes Market, Incremental Opportunity, by Actuation Type, US$ Mn 2021 -2031

Figure 82: South America Industrial Brakes Market Projections, by End-use Industry, Thousand Units, 2017-2031

Figure 83: South America Industrial Brakes Market Projections, by End-use Industry, US$ Mn 2017-2031

Figure 84: South America Industrial Brakes Market, Incremental Opportunity, by End-use Industry, US$ Mn 2021 -2031

Figure 85: South America Industrial Brakes Market Projections, by Distribution Channel, Thousand Units, 2017-2031

Figure 86: South America Industrial Brakes Market Projections, by Distribution Channel, US$ Mn 2017-2031

Figure 87: South America Industrial Brakes Market, Incremental Opportunity, by Distribution Channel, US$ Mn 2021 -2031

Figure 88: South America Industrial Brakes Market Projections, by Region, Thousand Units, 2017-2031

Figure 89: South America Industrial Brakes Market Projections, by Region, US$ Mn 2017-2031

Figure 90: South America Industrial Brakes Market, Incremental Opportunity, by Region, US$ Mn 2021 -2031

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