The North America industrial brakes market is expected to witness steady growth, owing to rise in adoption of automation processes and subsequent demand for industrial robotics. Further, the advantages of automation in manufacturing processes, such as automated distribution, conveyor belt systems, and assembly station robots, can yield low-cost solution and reduce the cost of labor for the manufacturers. Moreover, increase in construction and mining activities, and rise in concerns toward safety and efficiency of machineries are anticipated to fuel the growth of the industrial brakes market. However, fluctuating prices of the materials required for manufacturing these brakes continue to impact the profit margin for the market players. Further, the stringent regulations associated with the industrial machineries are also expected to hinder the growth of the market.
Nonetheless, introduction of technologically-advanced braking systems and rise in popularity of electric brakes can provide lucrative profitable opportunities to the market players in the coming years
The North America industrial brakes market is segmented based on type, application, end-user industry, and country. By type, the market is divided into mechanically-applied brakes, hydraulically-applied brakes, pneumatically-applied brakes, electrically-applied brakes, drum & disc brakes, and spring brakes. Based on application, the market is classified into holding brakes, dynamic & emergency brakes, and tension brakes. By end-user industry, the market is divided into metals & mining, construction, manufacturing, entertainment, marine & shipping, and others. Based on country, it is analyzed across the U.S., Canada, and Mexico.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the North America industrial brakes market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the North America market from 2017 to 2025 is provided to determine the market potential.
KEY MARKET SEGMENT
Drum & Disc Brake
Dynamic & Emergency Brake
By End-User Industry
Metals & Mining
Marine & Shipping
KEY MARKET PLAYERS PROFILED IN THE REPORT
Akebono Brake Corporation
Altra Industrial Motion Corp.
Carlisle Brake & Friction
Chassis Brakes International
Industrial Brakes Company
Mach III Clutch, Inc.
Ogura Industrial Corp
The Carlyle Johnson Machine Company, LLC
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. KEY MARKET PLAYERS
1.5. RESEARCH METHODOLOGY
1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.2.3. Top impacting factors
3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
184.108.40.206. Increase in activities in construction & manufacturing industries
220.127.116.11. Rise in adoption of industrial robotics and automation processes
18.104.22.168. High focus on safety and efficiency of industrial machineries
22.214.171.124. Volatile prices of materials used for the production of industrial brakes
126.96.36.199. Stringent regulations associated with industrial machineries
188.8.131.52. Providing technology driven brakes systems enabled with sensors
CHAPTER 4: INDUSTRIAL BRAKES MARKET, BY TYPE
4.1.1. Market size and forecast
4.2. MECHANICALLY APPLIED BRAKES
4.2.1. Key trends, growth factors, and opportunities
4.2.2. Market size and forecast, by country
4.3. HYDRAULICALLY APPLIED BRAKES
4.3.1. Key trends, growth factors, and opportunities
4.3.2. Market size and forecast, by country
4.4. PNEUMATICALLY APPLIED BRAKES
4.4.1. Key trends, growth factors, and opportunities
4.4.2. Market size and forecast, by country
4.5. ELECTRICALLY APPLIED BRAKES
4.5.1. Key trends, growth factors, and opportunities
4.5.2. Market size and forecast, by country
4.6. DRUM & DISC BRAKES
4.6.1. Key trends, growth factors, and opportunities
4.6.2. Market size and forecast, by country
4.7. SPRING BRAKES
4.7.1. Key trends, growth factors, and opportunities
4.7.2. Market size and forecast, by country
CHAPTER 5: INDUSTRIAL BRAKES MARKET, BY APPLICATION
5.1.1. Market size and forecast
5.2. HOLDING BRAKES
5.2.1. Key trends, growth factors, and opportunities
5.2.2. Market size and forecast, by country
5.3. DYNAMIC & EMERGENCY BRAKES
5.3.1. Key trends, growth factors, and opportunities
5.3.2. Market size and forecast, by country
5.4. TENSION BRAKES
5.4.1. Key trends, growth factors, and opportunities
5.4.2. Market size and forecast, by country
CHAPTER 6: INDUSTRIAL BRAKES MARKET, BY END-USER
6.1.1. Market size and forecast
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by country
6.3. METALS & MINING
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by country
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by country
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by country
6.6. MARINE & SHIPPING
6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by country
6.7.1. Key market trends, growth factors, and opportunities
6.7.2. Market size and forecast, by country
CHAPTER 7: INDUSTRIAL BRAKES MARKET, BY COUNTRY
7.1. MARKET OVERVIEW
7.1.1. Market size and forecast by country
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast
CHAPTER 8: COMPANY PROFILES
8.1. ALTRA INDUSTRIAL MOTION CORP.
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments & product portfolio
8.1.4. Business performance
8.1.5. Key strategic moves and developments
8.2. EATON CORPORATION
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments & product portfolio
8.2.4. Business performance
8.2.5. Key strategic moves and developments
8.3. MACH III CLUTCH, INC.
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments & product portfolio
8.3.4. Key strategic move and development
8.4. CHASSIS BRAKES INTERNATIONAL GROUP
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segment & product portfolio
8.4.4. Key strategic moves and developments
8.5. THE CARLYLE JOHNSON MACHINE COMPANY, LLC.
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segment & product portfolio
8.6. OGURA INDUSTRIAL CORP.
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments & product portfolio
8.6.4. Key strategic moves and developments
8.7. DRIVE-LINE INC.
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments and product portfolio
8.8. INDUSTRIAL BRAKE MARS, INC.
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments and product portfolio
8.9. AKEBONO BRAKE CORPORATION
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments & product portfolio
8.9.4. Business performance
8.9.5. Key strategic moves and developments
8.10. CARLISLE BRAKE & FRICTION (SUBSIDIARY OF CARLISLE COMPANIES INCORPORATED)
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments & product portfolio
8.10.4. Business performance
8.10.5. Key strategic moves and developments
Industrial brakes assist manufacturers by absorbing the kinetic energy of the equipment & machineries, subsequently resulting in the desired motion for industrial application. Further, they are also capable of holding heavy platforms & payloads in the manufacturing plant as well as applying emergency brakes for ensuring the safety of the workstations. In addition, they also provide the required tension in several equipment and machineries in various end-user industries.
Rise in adoption in industrial automation fuels the demand for industrial brakes. Moreover, the versatile benefits associated with industrial robotics such as movement within the workspace, lifting payloads, and performing application-specific tasks that require controlling the motion of the robots, are also anticipated to drive the growth of the industrial brakes market in the coming years. Further, growth in the construction and mining activities is anticipated to increase the demand for the industrial brakes market in future.
The industrial brakes have applications in various end-user industries such as construction, metals & mining, entertainment, marine & shipping, and military & aerospace. The industrial brakes function in cranes, lifts & escalators, packaging machines, amusement rides, wind turbines, fans & ventilators, construction equipment textile machines, and assembly stations to name a few. Thus, the increase in activities in these industries and subsequent demand for automation of processes are expected to drive the growth of the North America industrial brakes market in the coming years.
Key Findings of the North America Industrial Brakes Market:
Based on application, the holding brake segment dominated the market in terms of revenue in 2017, and is projected to grow at a CAGR of 3.7% during the forecast period.
U.S. generated the highest revenue in 2017, and Mexico is anticipated to grow at the highest CAGR of 4.9%.
Based on type, the electrically-applied brake segment generated the highest revenue in 2017, and is estimated to grow at the rate of 4.0%.
Based on end-user industry, the manufacturing segment accounted for the largest market share in 2017.
The key players profiled in this report include Akebono Brake Corporation, Altra Industrial Motion Corp.
Carlisle Brake & Friction, Chassis Brakes International, Drive-Line Inc., Eaton Corporation, Industrial Brakes Company, Mach III Clutch, Inc., Ogura Industrial Corp. and The Carlyle Johnson Machine Company, LLC.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.