Global Spring Actuated Brake Market Growth 2023-2029

Global Spring Actuated Brake Market Growth 2023-2029

Spring Actuated Brake is also known as a ‘power-off engaged’ brake. A spring actuated electromagnetic brake provides reliable braking when the power is disengaged, and excellent performance in long-term holding applications. In a spring actuated, or spring applied brake, compression springs push the armature plate into the rotor disc to halt and hold movement when power is disengaged. This feature provides fail-safe braking, and allows the brake to maintain position over long periods of time, thus preventing machinery from “coasting” when powered off.
LPI (LP Information)' newest research report, the “Spring Actuated Brake Industry Forecast” looks at past sales and reviews total world Spring Actuated Brake sales in 2022, providing a comprehensive analysis by region and market sector of projected Spring Actuated Brake sales for 2023 through 2029. With Spring Actuated Brake sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spring Actuated Brake industry.
This Insight Report provides a comprehensive analysis of the global Spring Actuated 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 Spring Actuated Brake portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Spring Actuated Brake market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Spring Actuated 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 Spring Actuated Brake.
The global Spring Actuated Brake market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Spring Actuated Brake is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Spring Actuated Brake is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Spring Actuated Brake is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Spring Actuated Brake players cover MIKI PULLEY CO., LTD., SHINKO ELECTRIC CO., LTD, MinebeaMitsumi lnc, Lenze, SG Transmission, Kendrion, KEB, Intorq and Binder, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Spring Actuated Brake market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Less than 100 mm OD
100 mm to 150 mm OD
More than 150 mm OD
Segmentation by application
Various Motors
Multi-joint Robots
Actuators
Machine Tools
Forklifts
Medical Machinery
Wind Power Generators
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.
MIKI PULLEY CO., LTD.
SHINKO ELECTRIC CO., LTD
MinebeaMitsumi lnc
Lenze
SG Transmission
Kendrion
KEB
Intorq
Binder
Carlyle Johnson
Altra Industrial Motion Corp
EMF BRAKE
Key Questions Addressed in this Report
What is the 10-year outlook for the global Spring Actuated Brake market?
What factors are driving Spring Actuated Brake market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Spring Actuated Brake market opportunities vary by end market size?
How does Spring Actuated 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.