Global Industrial Brakes and Clutches Industry Report 2023-2030: Wider Use Case across Numerous Application Domains - Cornerstone for Present & Future Growth

DUBLIN, Oct. 18, 2023 /PRNewswire/ -- The "Industrial Brakes and Clutches - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

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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