Global Electro-mechanical Brake Market Growth 2023-2029

Global Electro-mechanical Brake Market Growth 2023-2029

Electro-Mechanical Brake, also called electro-mechanical brake is a mechanical part that stops or decelerates moving parts in a machine. 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.

LPI (LP Information)' newest research report, the “Electro-mechanical Brake Industry Forecast” looks at past sales and reviews total world Electro-mechanical Brake sales in 2022, providing a comprehensive analysis by region and market sector of projected Electro-mechanical Brake sales for 2023 through 2029. With Electro-mechanical Brake sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electro-mechanical Brake industry.

This Insight Report provides a comprehensive analysis of the global Electro-mechanical Brake landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electro-mechanical Brake portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electro-mechanical Brake market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electro-mechanical Brake and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electro-mechanical Brake.

The global Electro-mechanical Brake market size is projected to grow from US$ 779 million in 2022 to US$ 917.5 million in 2029; it is expected to grow at a CAGR of 917.5 from 2023 to 2029.

Kendrion is the largest manufacturers of Electro-mechanical Brake in the world, has a share over 16%. Other players include Altra Industrial Motion, Ogura Industrial, and Mayr, etc. Europe is the largest producer of Electro-mechanical Brake, holds a share over 20%, followed by North America, Japan and China. In terms of product, Electrically Actuated Braker is the main segment, with a share over 90%. And in terms of application, the largest application is Processing Machinery and Packaging Machinery, followed by Construction Machinery.

This report presents a comprehensive overview, market shares, and growth opportunities of Electro-mechanical Brake market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Electrically Actuated Brake
Spring Actuated Brake

Segmentation by application
Processing Machinery
Packaging Machinery
Construction Machinery
Elevator
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Reach Machinery Group
YLA
Wulong Brake
Ogura Clutch
Altra Industrial Motion
Kendrion
KEB Automation
Mayr
Precima Magnettechnik
Dunkermotoren
Ortlinghaus Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electro-mechanical Brake market?

What factors are driving Electro-mechanical Brake market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electro-mechanical Brake market opportunities vary by end market size?

How does Electro-mechanical Brake break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.