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Industrial Brakes and Clutches - Global Market Trajectory & Analytics

  • ID: 344051
  • Report
  • July 2020
  • Region: Global
  • 277 Pages
  • Global Industry Analysts, Inc
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Global Industrial Brakes and Clutches Market to Reach US$1.6 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Industrial Brakes and Clutches estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 2.5% over the analysis period 2020-2027.Mechanical Friction, one of the segments analyzed in the report, is projected to grow at a 2.3% CAGR to reach US$700.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electromagnetic segment is readjusted to a revised 2.3% CAGR for the next 7-year period. This segment currently accounts for a 24.8% share of the global Industrial Brakes and Clutches market.

The U. S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 4.6% CAGR for the Period of 2020-2027

The Industrial Brakes and Clutches market in the U. S. is estimated at US$364 Million in the year 2020. The country currently accounts for a 27.05% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$317.1 Million in the year 2027 trailing a CAGR of 4.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR while Rest of European market (as defined in the study) will reach US$317.1 Million by the year 2027.

Other Product Segments Segment Corners a 30.9% Share in 2020

In the global Other Product Segments segment, USA, Canada, Japan, China and Europe will drive the 2.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$313.9 Million in the year 2020 will reach a projected size of US$370.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$218.2 Million by the year 2027, while Latin America will expand at a 3.7% CAGR through the analysis period. The publisher brings years of research experience to this 16th edition of our report. The 277-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Altra Industrial Motion Inc.
  • Andantex USA Inc.
  • Boston Gear
  • Dayton Superior Products Co. Inc.
  • Electroid Company
  • Formsprag Clutch Inc.
  • Hilliard Corp.
  • Inertia Dynamics LLC
  • INTORQ GmbH & CO. KG
  • KEB Automation KG
  • Lenze SE
  • Magnetic Technologies Ltd.
  • Magtrol Inc.
  • Marland Clutch
  • Merobel
  • Ogura Clutch Co., Ltd.
  • Redex Andantex
  • Regal Power Transmission Solutions
  • Rexnord Corp.
  • Sjogren Industries Inc.
  • Warner Electric Inc.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Recent Market Activity

Industrial Brakes and Clutches: An Introductory Prelude

Wider Use Case Across Numerous Application Domains: Cornerstone for Present & Future Growth

Select Applications of Industrial Brakes & Clutches in Key Application Verticals

Surge in Industrial Automation Instigates Massive Opportunities

Emphasis on Performance & Safety of Industrial Systems Directs Progressive Trajectory

Impact of Recent Economic Upheavals on the Industrial Brakes and Clutches Market: A Review

Global Market Analysis

Market to Benefit from Stable Economic Scenario

Mechanical Friction Brakes & Clutches Dominate the Market

Electromagnetic Brakes & Clutches: A Major Product Segment

Developed Regions - Key Revenue Contributors

Developing Economies - Prime Growth Drivers

Asia-Pacific - The Fastest Growing Regional Market

Global Competitor Market Shares

Industrial Brakes and Clutches Competitor Market Share Scenario Worldwide (in %): 2020 & 2029

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

Altra Industrial Motion, Inc. (USA)

Boston Gear (USA)

Formsprag Clutch, Inc. (USA)

Inertia Dynamics LLC (USA)

Marland Clutch (USA)

Stromag (Germany)

Warner Electric, Inc. (USA)

Dayton Superior Products Co., Inc. (USA)

Electroid Company (USA)

Hilliard Corp. (USA)

INTORQ GmbH & CO. KG (Germany)

KEB Automation KG (Germany)

Lenze SE (Germany)

Magnetic Technologies Ltd. (USA)

Magtrol, Inc. (USA)

Ogura Clutch Co., Ltd. (Japan)

Placid Industries, Inc. (USA)

Redex Andantex (France)

Andantex USA, Inc. (USA)

Merobel (France)

Regal Power Transmission Solutions (USA)

Rexnord Corp. (USA)

Sjogren Industries, Inc. (USA)

3. MARKET TRENDS & DRIVERS

Product Innovation Continues to Drive Market Growth

End-Use Level Requirements Spur Changes in Brake and Clutch Design

Key Considerations in Brake and Clutch Designing

Torque

Heat Dispersing

Inertia

Speed

Design Innovations Driven by Growth in Related Equipment

Design Improvements in Permanent Holding Magnet Brakes Offer New Capabilities

Novel Manufacturing Methods Aid Roll Out of Sophisticated Designs

3D Printing Technology Set to Proliferate Brake and Clutch Manufacturing

Electromagnetic Caliper Brakes Make Robust Gains

Technical Superiority Over Drum Brakes Widens Prospects for Disc Brakes

Demand for Drum-Style Brakes Remains High

Backstopping Clutches with High Torque Capacity Come to Fore

Rugged Brakes for Hazardous Environments Exhibit Growth

Parking Brakes for Locking Idle Machinery

Heavy-Duty Brakes for Dynamic Applications

Integrated Packages - Order of the Day in Motor Market

Traditional Brakes Sustain Momentum

Replacement Demand Enhances Market Prospects

Replacement Demand Enhances Market Prospects

Market Gears Up for Industry 4.0 & Smart Factory

A Glimpse of First, Second,Third & Fourth Industrial Revolutions

Soaring Demand for Food Processing Machinery Steers Market Momentum

Regulations Drive Adoption of Washdown Brakes

Material Handling Equipment: A Key End-Use Vertical

Machinery-Intensive Textile Sector Extends Potential Opportunities

Robust Demand for Machine Tools Underpins Revenue Growth

Brakes and Clutches Assume Critical Importance in Mining Conveyors

Mining Operators Prioritize Hydraulic Brakes for Overland Conveyors

Servo Motors: A Niche End-Use Market for Industrial Brakes

Small Diameter Brakes Gain Traction in Medical and Pharmaceutical Robots

Brakes and Clutches for Paper Processing Equipment

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Industrial Brakes and Clutches Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 2: Industrial Brakes and Clutches Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
TABLE 3: Industrial Brakes and Clutches Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Mechanical Friction (Product Segment) World Market by Region/Country in US$ Thousand: 2020 to 2027
TABLE 5: Mechanical Friction (Product Segment) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
TABLE 6: Mechanical Friction (Product Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Electromagnetic (Product Segment) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
TABLE 8: Electromagnetic (Product Segment) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
TABLE 9: Electromagnetic (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
TABLE 10: Other Product Segments (Product Segment) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
TABLE 11: Other Product Segments (Product Segment) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019
TABLE 12: Other Product Segments (Product Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Industrial Brakes and Clutches Market Share (in %) by Company: 2020 & 2025

Market Analytics
TABLE 13: United States Industrial Brakes and Clutches Market Estimates and Projections in US$ Thousand by Product Segment: 2020 to 2027
TABLE 14: Industrial Brakes and Clutches Market in the United States by Product Segment: A Historic Review in US$ Thousand for 2012-2019
TABLE 15: United States Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

CANADA

TABLE 16: Canadian Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020 to 2027
TABLE 17: Canadian Industrial Brakes and Clutches Historic Market Review by Product Segment in US$ Thousand: 2012-2019
TABLE 18: Industrial Brakes and Clutches Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027

JAPAN

TABLE 19: Japanese Market for Industrial Brakes and Clutches: Annual Sales Estimates and Projections in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 20: Industrial Brakes and Clutches Market in Japan: Historic Sales Analysis in US$ Thousand by Product Segment for the Period 2012-2019
TABLE 21: Japanese Industrial Brakes and Clutches Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

CHINA

TABLE 22: Chinese Industrial Brakes and Clutches Market Growth Prospects in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 23: Industrial Brakes and Clutches Historic Market Analysis in China in US$ Thousand by Product Segment: 2012-2019
TABLE 24: Chinese Industrial Brakes and Clutches Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE

Market Facts & Figures

European Industrial Brakes and Clutches Market: Competitor Market Share Scenario (in %) for 2020 & 2025

Market Analytics
TABLE 25: European Industrial Brakes and Clutches Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
TABLE 26: Industrial Brakes and Clutches Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
TABLE 27: European Industrial Brakes and Clutches Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 28: European Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020-2027
TABLE 29: Industrial Brakes and Clutches Market in Europe in US$ Thousand by Product Segment: A Historic Review for the Period 2012-2019
TABLE 30: European Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

FRANCE

TABLE 31: Industrial Brakes and Clutches Market in France by Product Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027
TABLE 32: French Industrial Brakes and Clutches Historic Market Scenario in US$ Thousand by Product Segment: 2012-2019
TABLE 33: French Industrial Brakes and Clutches Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

GERMANY

TABLE 34: Industrial Brakes and Clutches Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 35: German Industrial Brakes and Clutches Historic Market Analysis in US$ Thousand by Product Segment: 2012-2019
TABLE 36: German Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

ITALY

TABLE 37: Italian Industrial Brakes and Clutches Market Growth Prospects in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 38: Industrial Brakes and Clutches Historic Market Analysis in Italy in US$ Thousand by Product Segment: 2012-2019
TABLE 39: Italian Industrial Brakes and Clutches Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM

TABLE 40: United Kingdom Market for Industrial Brakes and Clutches: Annual Sales Estimates and Projections in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 41: Industrial Brakes and Clutches Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Product Segment for the Period 2012-2019
TABLE 42: United Kingdom Industrial Brakes and Clutches Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

SPAIN

TABLE 43: Spanish Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020 to 2027
TABLE 44: Spanish Industrial Brakes and Clutches Historic Market Review by Product Segment in US$ Thousand: 2012-2019
TABLE 45: Industrial Brakes and Clutches Market in Spain: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027

RUSSIA

TABLE 46: Russian Industrial Brakes and Clutches Market Estimates and Projections in US$ Thousand by Product Segment: 2020 to 2027
TABLE 47: Industrial Brakes and Clutches Market in Russia by Product Segment: A Historic Review in US$ Thousand for 2012-2019
TABLE 48: Russian Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 49: Rest of Europe Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020-2027
TABLE 50: Industrial Brakes and Clutches Market in Rest of Europe in US$ Thousand by Product Segment: A Historic Review for the Period 2012-2019
TABLE 51: Rest of Europe Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 52: Asia-Pacific Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 53: Industrial Brakes and Clutches Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2012-2019
TABLE 54: Asia-Pacific Industrial Brakes and Clutches Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 55: Industrial Brakes and Clutches Market in Asia-Pacific by Product Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027
TABLE 56: Asia-Pacific Industrial Brakes and Clutches Historic Market Scenario in US$ Thousand by Product Segment: 2012-2019
TABLE 57: Asia-Pacific Industrial Brakes and Clutches Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 58: Industrial Brakes and Clutches Market in Australia: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 59: Australian Industrial Brakes and Clutches Historic Market Analysis in US$ Thousand by Product Segment: 2012-2019
TABLE 60: Australian Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

INDIA

TABLE 61: Indian Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020 to 2027
TABLE 62: Indian Industrial Brakes and Clutches Historic Market Review by Product Segment in US$ Thousand: 2012-2019
TABLE 63: Industrial Brakes and Clutches Market in India: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027

SOUTH KOREA

TABLE 64: Industrial Brakes and Clutches Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 65: South Korean Industrial Brakes and Clutches Historic Market Analysis in US$ Thousand by Product Segment: 2012-2019
TABLE 66: Industrial Brakes and Clutches Market Share Distribution in South Korea by Product Segment: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 67: Rest of Asia-Pacific Market for Industrial Brakes and Clutches: Annual Sales Estimates and Projections in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 68: Industrial Brakes and Clutches Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Thousand by Product Segment for the Period 2012-2019
TABLE 69: Rest of Asia-Pacific Industrial Brakes and Clutches Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 70: Latin American Industrial Brakes and Clutches Market Trends by Region/Country in US$ Thousand: 2020-2027
TABLE 71: Industrial Brakes and Clutches Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 72: Latin American Industrial Brakes and Clutches Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 73: Latin American Industrial Brakes and Clutches Market Growth Prospects in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 74: Industrial Brakes and Clutches Historic Market Analysis in Latin America in US$ Thousand by Product Segment: 2012-2019
TABLE 75: Latin American Industrial Brakes and Clutches Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

ARGENTINA

TABLE 76: Argentinean Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020-2027
TABLE 77: Industrial Brakes and Clutches Market in Argentina in US$ Thousand by Product Segment: A Historic Review for the Period 2012-2019
TABLE 78: Argentinean Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

BRAZIL

TABLE 79: Industrial Brakes and Clutches Market in Brazil by Product Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027
TABLE 80: Brazilian Industrial Brakes and Clutches Historic Market Scenario in US$ Thousand by Product Segment: 2012-2019
TABLE 81: Brazilian Industrial Brakes and Clutches Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

MEXICO

TABLE 82: Industrial Brakes and Clutches Market in Mexico: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 83: Mexican Industrial Brakes and Clutches Historic Market Analysis in US$ Thousand by Product Segment: 2012-2019
TABLE 84: Mexican Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 85: Rest of Latin America Industrial Brakes and Clutches Market Estimates and Projections in US$ Thousand by Product Segment: 2020 to 2027
TABLE 86: Industrial Brakes and Clutches Market in Rest of Latin America by Product Segment: A Historic Review in US$ Thousand for 2012-2019
TABLE 87: Rest of Latin America Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 88: The Middle East Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 89: Industrial Brakes and Clutches Market in the Middle East by Region/Country in US$ Thousand: 2012-2019
TABLE 90: The Middle East Industrial Brakes and Clutches Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 91: The Middle East Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020 to 2027
TABLE 92: The Middle East Industrial Brakes and Clutches Historic Market by Product Segment in US$ Thousand: 2012-2019
TABLE 93: Industrial Brakes and Clutches Market in the Middle East: Percentage Share Breakdown of Sales by Product Segment for 2012,2020, and 2027

IRAN

TABLE 94: Iranian Market for Industrial Brakes and Clutches: Annual Sales Estimates and Projections in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 95: Industrial Brakes and Clutches Market in Iran: Historic Sales Analysis in US$ Thousand by Product Segment for the Period 2012-2019
TABLE 96: Iranian Industrial Brakes and Clutches Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

ISRAEL

TABLE 97: Israeli Industrial Brakes and Clutches Market Estimates and Forecasts in US$ Thousand by Product Segment: 2020-2027
TABLE 98: Industrial Brakes and Clutches Market in Israel in US$ Thousand by Product Segment: A Historic Review for the Period 2012-2019
TABLE 99: Israeli Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 100: Saudi Arabian Industrial Brakes and Clutches Market Growth Prospects in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 101: Industrial Brakes and Clutches Historic Market Analysis in Saudi Arabia in US$ Thousand by Product Segment: 2012-2019
TABLE 102: Saudi Arabian Industrial Brakes and Clutches Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED ARAB EMIRATES

TABLE 103: Industrial Brakes and Clutches Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 104: United Arab Emirates Industrial Brakes and Clutches Historic Market Analysis in US$ Thousand by Product Segment: 2012-2019
TABLE 105: Industrial Brakes and Clutches Market Share Distribution in United Arab Emirates by Product Segment: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 106: Industrial Brakes and Clutches Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2020-2027
TABLE 107: Rest of Middle East Industrial Brakes and Clutches Historic Market Analysis in US$ Thousand by Product Segment: 2012-2019
TABLE 108: Rest of Middle East Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

AFRICA

TABLE 109: African Industrial Brakes and Clutches Market Estimates and Projections in US$ Thousand by Product Segment: 2020 to 2027
TABLE 110: Industrial Brakes and Clutches Market in Africa by Product Segment: A Historic Review in US$ Thousand for 2012-2019
TABLE 111: African Industrial Brakes and Clutches Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 136

Note: Product cover images may vary from those shown
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