The global Electromagnetic Brakes market was valued at US$ 756.7 million in 2019 and it is expected to reach US$ 846.6 million by the end of 2026, growing at a CAGR of 3.0% during 2021-2026.
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.
Global Electromagnetic Brakes Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electromagnetic Brakes Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are 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 and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Single Face Brake
- Power off Brake
- Particle Brake
- Hysteresis Power Brake
- Multiple Disk Brake
Segment by Application
- Material Handling
- Packaging Industry
Table of Content:
1 Electromagnetic Brakes Market Overview
2 Electromagnetic Brakes Market Competition by Manufacturers
3 Electromagnetic Brakes Retrospective Market Scenario by Region
4 Global Electromagnetic Brakes Historic Market Analysis by Type
5 Global Electromagnetic Brakes Historic Market Analysis by Application
6 Key Companies Profiled
7 Electromagnetic Brakes Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Electromagnetic Brakes Market Dynamics
10 Global Electromagnetic Brakes Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.