PUBLISHER: QYResearch | PRODUCT CODE: 1866807
PUBLISHER: QYResearch | PRODUCT CODE: 1866807
The global market for Industrial Brakes was estimated to be worth US$ 3215 million in 2024 and is forecast to a readjusted size of US$ 4246 million by 2031 with a CAGR of 4.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Industrial Brakes cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
An industrial brake is a device, that absorbs the kinetic energy of moving bodies and thus controls their motion, is used to stop a rotating inertia load or to hold a component in a specific position without motion.
In 2024, global Industrial Brake production reached approximately 6.5 million units, with an average global market price of around US$ 500 per unit.
Global Industrial Brakes key players include Altra, Eaton, CBF, Huawu, etc. Global top four manufacturers hold a share over 15%. Asia-Pacific is the largest market, with a share about 45%, followed by Europe, and North America, both have a share about 45 percent. In terms of product, Drum Brakes is the largest segment, with a share over 60%. And in terms of application, the largest application is Material Handling, followed by Energy, Marine and Shipping, Mining, etc.
The industrial brakes market is poised for steady global growth, driven by the increasing demand for reliable motion control, load holding, and safety solutions across diverse sectors such as manufacturing, material handling, mining, marine, energy, construction, and transportation, as rapid industrialization, urban infrastructure expansion, and the automation of heavy machinery heighten the need for braking systems capable of operating in harsh environments with high torque capacity and precision; the shift toward automation, robotics, and advanced drive systems in factories and warehouses is accelerating adoption of technologically advanced brakes, including intelligent, sensor-equipped, and condition-monitoring-enabled models, while the rise of wind power installations, offshore platforms, and port equipment creates significant opportunities for specialized braking solutions designed for extreme weather and heavy-duty applications; emerging markets in Asia-Pacific, Latin America, and the Middle East are contributing strongly through expanding manufacturing bases, increased mining activities, and large-scale infrastructure projects, while mature markets in North America and Europe are focusing on upgrading to more efficient, low-maintenance, and environmentally friendly brake systems to comply with stricter safety and emission regulations; advancements in friction materials, hydraulic and electromagnetic actuation, and modular brake designs are enabling greater durability, heat dissipation, and adaptability to various industrial setups, reducing downtime and operational costs; e-mobility trends and electrification of industrial vehicles are further boosting the integration of compact, energy-efficient braking technologies; aftermarket services, including brake refurbishment, spare parts, and predictive maintenance solutions, represent a significant revenue stream for suppliers; competitive dynamics are intensifying as global players invest in R&D, strategic partnerships, and regional manufacturing to meet customized demands; overall, the industrial brakes market is set to expand steadily over the next decade, underpinned by technological innovation, expanding global industry footprints, and the growing prioritization of operational safety, precision control, and energy efficiency in modern industrial environments.
This report aims to provide a comprehensive presentation of the global market for Industrial Brakes, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Industrial Brakes by region & country, by Type, and by Application.
The Industrial Brakes market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Brakes.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Industrial Brakes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Industrial Brakes in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Industrial Brakes in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.