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Global Electromagnetic Brakes Market Outlook 2022
SKU ID : QYR-19860002 | Publishing Date : 06-Jan-2022 | No. of pages : 124
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.
Market Analysis and Insights: Global Electromagnetic Brakes Market
The global Electromagnetic Brakes market was valued at US$ 708.2 million in 2020 and it is expected to reach US$ 872 million by the end of 2027, growing at a CAGR of 3.0% during 2021-2027.
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. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Single Face Brake
Power off Brake
Particle Brake
Hysteresis Power Brake
Multiple Disk Brake
Segment by Application
Material Handling
Packaging Industry
Elevator
Medical
Other
By Company
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
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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.
Market Analysis and Insights: Global Electromagnetic Brakes Market
The global Electromagnetic Brakes market was valued at US$ 708.2 million in 2020 and it is expected to reach US$ 872 million by the end of 2027, growing at a CAGR of 3.0% during 2021-2027.
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. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Single Face Brake
Power off Brake
Particle Brake
Hysteresis Power Brake
Multiple Disk Brake
Segment by Application
Material Handling
Packaging Industry
Elevator
Medical
Other
By Company
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
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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