Industrial Motor Brakes Market

Industrial Motor Brakes Market Outlook (2022-2032)

The global industrial motor brakes market is currently valued at US$ 1.34 billion and is anticipated to expand at a CAGR of 4.5% to reach a market valuation of US$ 2.08 billion by 2032-end.

Industrial brakes use the kinetic energy that is created by friction between surfaces to stop the motion and employ friction to hold rotating or moving pieces in place when necessary. Construction, forestry, axle, trailer, defence, agricultural, material handling, and utility industries all make use of industrial brakes for partial or total halting purposes.

Report Attributes	Details
Market Size (2022E)	US$ 1.34 Billion
Forecasted Market Value (2032F)	US$ 2.08 Billion
Global Market Growth Rate (2022-2032)	4.5% CAGR
North America Market Share (2022)	21.6%
Europe Market Share (2022)	24.5%
Market Share of Top 3 Countries	31.8%
Key Companies Profiled	Warner Electric, Inc. Brook Crompton UK Ltd. Eaton Sterling Controls Ogura Industrial Corp. Altra Industrial Motion. EMTorq Force Control Industries Tolomatic Toshiba International Corporation Havells

Sales Analysis of Industrial Motor Brakes (2017-2021) Vs. Market Forecasts (2022-2032)

Due to increased government spending on infrastructure projects and rising demand for the commercial and residential segments, the construction and manufacturing industries are expanding.

Excavators, backhoes, graders, bulldozers, trenchers, and many other pieces of construction machinery are in higher demand as a result of the increase in construction projects. To manage heavier loads, this equipment needs to work differently.

The use of brakes enables construction equipment to carry heavier loads. In addition, the market for industrial motor brakes is driven by rising equipment demand and production.

Expanding at a CAGR of 4.5%, the global industrial motor brakes market is projected to reach US$ 2.08 billion by 2032.

What’s Influencing Industrial Motor Brakes Market Growth?

“Easy Stopping Process & Effective in Reducing Production Time Driving Sales of Industrial Motor Brakes”

Because natural braking would take a long time, industrial motor brakes are essential instruments in the manufacturing and process industries. The market for industrial motor brakes has ultimately been driven by the growth in production rates and the necessity to complete tasks by the deadline.

In addition, the market for industrial motor brakes is experiencing increased demand due to the growth of new and emerging sectors.

A majority of firms all around the world are choosing motor brakes since they have advantages over traditional systems. It has been noted that this is a fresh, emerging trend in the market, favouring the same.

There is some room for aftermarket services with heavy use. As a result, the manufacturers of industrial motor brakes will have greater opportunities.

“Presence of Strong Competitors in Industrial Motor Brakes Market”

Although the market appears to be fair, there is a limitation in this regard. There are many strong competitors for this product, which is acting as a restriction. The manufacturers find it challenging to do lucrative business as a result.

Which Regional Markets are Industrial Motor Brake Manufacturing Companies Targeting?

“Rapid Industrialization & Urbanization Driving Europe Industrial Motor Brakes Market Growth”

Currently, Europe accounts for 24.5% of the global market share, while North America is likely to hold 21.6% market share.

Europe's biggest nations such as Germany, Russia, France, the UK, and Italy are noted for their extensive industrialization and urbanization. They, therefore, have a high chance of implementing cutting-edge solutions that increase the productivity of numerous industrial and urban activities.

The countries of Asia Pacific, Europe, and North America are all anticipated to present the market with significant growth prospects between 2022 and 2032. Demand for industrial motor brakes is projected to be driven by the rapid industrialization and growth of manufacturing in these areas.

What are the Prominent Applications of Industrial Motor Brakes?

“High Application of Industrial Motor Brakes in Various Sectors as per Braking Systems Required”

Industrial motor brakes are used extensively in a variety of operational verticals, including metals & mining, construction, manufacturing, and processing. These applications include regenerative braking, dynamic braking, and plugging.

Industrial motor brakes are also strong and free of worn components, which is why many people use them in place of mechanical or hydraulic brakes.

Industrialists are being driven to install reliable, appropriate, and high-quality operating equipment by growing workplace safety-related concerns. Industrial motor brake sales are probably going to stay somewhat skewed for the foreseeable future.

Competitive Landscape

To increase the output of automated guided vehicles (AGV) and electric cars, manufacturers are focusing heavily on reducing machine stop time, which has led them to turn to industrial motor brakes.

Industrial motor brakes also enable pulley tension maintenance, the activation of dynamic brakes, and precise movement and stop, all of which preserve worker safety.

Strong industrial motor brakes are in higher demand due to the growing need to stop motors instantly to prevent worker or product harm.

The companies provide a wide variety of products and have robust global distribution networks. To maintain their market position, they have used measures such as new product development, merger, contracts, and alliances.

Key Segments Covered in Industrial Motor Brakes Industry Research

• By Type :

  • DC Brakes
  • AC Brakes
  • Torque

• By Braking Mode :

  • Holding
  • Overhauling Braking
  • Load-assisted Braking
  • Soft-stop Braking

• By Application :

  • Regenerative Braking
  • Dynamic Braking
  • Plugging

• By End Use :

  • Metals & Mining
  • Construction
  • Manufacturing
  • Processing

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA