Industrial Brakes Market by End-user and Geography - Forecast and Analysis 2021-2025
Published: Jan 2021 | Pages: 120 | SKU: IRTNTR70048 |
The industrial brakes market size has the potential to grow by USD 188.90 million during 2020-2025, and the market’s growth momentum will decelerate at a CAGR of 4.56%.
This report provides a detailed analysis of the market by end-user (oil and gas, construction, metals and mining, power, and others), geography (North America, Europe, APAC, South America, and MEA), and key vendors.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Industrial Brakes Market
Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Akebono Brake Industry Co. Ltd.
- Altra Industrial Motion Corp.
- AMETEK Inc.
- Carlisle Companies Inc.
- Coremo Ocmea Spa
- Dellner Couplers AB
- Eaton Corporation Plc
- Hilliard Corp.
- Hindon LLC
- Johnson Industries Ltd.
The industrial brakes market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as rising investments in renewable sources of energy to achieve growth opportunities. However, factors such as fluctuations in cost of raw materials will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the industrial brakes market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This industrial brakes market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Industrial Brakes Market: Key Drivers and Trends
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Industrial Brakes Market: Segmentation by Geography
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40% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for industrial brakes in North America. Market growth in this region will be slower than the growth of the market in APAC.
The increasing number of investments by end-users is one of the prime factors that will facilitate the industrial brakes market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Industrial Brakes Market: Segmentation by End-user
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Machines that are used in the oil and gas industry operate in harsh environments. Hence, industrial brakes are preferred in the oil and gas industry for applications that range from offshore drilling to the pumping of the oil. Therefore, the growth of the market segment is expected to be significant during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial brakes market size. Fetch actionable market insights on the post COVID impact on each segment.
Industrial Brakes Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive industrial brakes market growth during the next five years
- Precise estimation of the industrial brakes market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the industrial brakes industry across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of industrial brakes market vendors
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020-2025
Five Forces Analysis
- Five forces analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Oil and gas - Market size and forecast 2020-2025
- Construction - Market size and forecast 2020-2025
- Metals and mining - Market size and forecast 2020-2025
- Power - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by End user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Akebono Brake Industry Co. Ltd.
- Altra Industrial Motion Corp.
- AMETEK Inc.
- Carlisle Companies Inc.
- Coremo Ocmea Spa
- Dellner Couplers AB
- Eaton Corporation Plc
- Hilliard Corp.
- Hindon LLC
- Johnson Industries Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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industrial brakes market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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