Global Electromagnetic Brakes Market Insights and Forecast to 2028

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.
Market Analysis and Insights: Global Electromagnetic Brakes Market
Due to the COVID-19 pandemic, the global Electromagnetic Brakes market size is estimated to be worth US$ 754.1 million in 2022 and is forecast to a readjusted size of US$ 900.4 million by 2028 with a CAGR of 3.0% during the review period. Fully considering the economic change by this health crisis, Single Face Brake accounting for % of the Electromagnetic Brakes global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Material Handling segment is altered to an % CAGR throughout this forecast period.
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.
In terms of production side, this report researches the Electromagnetic Brakes capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Electromagnetic Brakes by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Electromagnetic Brakes Scope and Segment
Electromagnetic Brakes market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Electromagnetic Brakes market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
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

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