DUBLIN, Jan 14, 2019 /PRNewswire/ --
The "Global Industrial Brakes Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global industrial brakes market is expected to grow at a CAGR of over 3% during the forecast period.
The excessive use of coal and nuclear power plants has increased the emission of GHG, which affects the environments. Therefore, the governments of several countries are planning to reduce the share of non-renewable sources of energy such as hydrogen, hydro, solar and wind to generate electricity. Many countries have implemented initiatives to promote the use of renewable sources of energy. Industrial brakes are used in wind power plants and hydropower plants to slow or halt turbine rotors.
The industrial brakes used in such applications require high cycle rates. Therefore, rising investments in renewable sources in renewable sources of energy increase the demand for industrial brakes.
Rising investments in renewable sources of energy
The governments of several countries are planning to reduce the share of non-renewable sources of energy such as coal and nuclear by adopting renewable sources of energy. Industrial brakes are used in wind power plants and hydropower plants to slow or halt the turbine rotors. Therefore, the rising investments in renewable sources of energy increase the demand for industrial brakes.
Fluctuations in cost of raw materials
The inversing cost of cooper has encouraged vendors to shift from copper to aluminum which is light. Most industrial brakes require an electromagnetic force, which triggers that brake pad movement. Hence, copper is required. Therefore, fluctuations in the cost of such raw materials affect the profitability of the vendors.
The global industrial brakes market is fairly fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY END-USER
- Comparison by end-user
- Oil and gas
- Metals and mining
- Market opportunity by end-user
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
- Shift to electric brakes
- Rising need for customized brakes
- Market consolidation
PART 13: VENDOR LANDSCAPE
- Landscape disruption
- Competitive landscape
PART 14: VENDOR ANALYSIS
- Vendors covered
- Market positioning of vendors
- Altra Industrial Motion
For more information about this report visit https://www.researchandmarkets.com/research/6rd487/global_industrial?w=5
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