Industrial Clutch and Brake Trends and Forecast
The future of the global industrial clutch and brake market looks promising with opportunities in the oil & gas, mining, power, and food & beverage markets. The global industrial clutch and brake market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are increasing demand for industrial automation, rising demand for higher capacity conveyor drives, and growing need for industrial safety.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Industrial Clutch and Brake by Segment
The study includes a forecast for the global industrial clutch and brake by product, type, end use, and region.

Industrial Clutch and Brake Market by Product [Shipment Analysis by Value from 2018 to 2030]:

  • Mechanical Friction Clutches & Brakes
  • Electromagnetic Clutches & Brakes
  • Over-Running & Heavy-Duty
  • Others





Industrial Clutch and Brake Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Pneumatic & Hydraulic
  • Mechanical
  • Electromagnetic
  • Electrical





Industrial Clutch and Brake Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Oil & Gas Industry
  • Mining Industry
  • Power Industry
  • Food & Beverages
  • Others












Industrial Clutch and Brake Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World



List of Industrial Clutch and Brake Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies industrial clutch and brake companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the industrial clutch and brake companies profiled in this report include-

  • Altra Industrial Motion
  • Dayton Superior Products
  • Eaton
  • GKN Automotive
  • Hilliard
  • KEB Automation
  • Lenze
  • Magnetic Technologies
  • Magtrol
  • Nexen




Industrial Clutch and Brake Market Insights
Lucintel forecasts that mechanical friction clutch & brake will remain the largest segment over the forecast period due to growing need for conveyor systems for food handling and packaging applications in the food and beverage industry.
Within this market, oil & gas will remain the largest segment due to high need for better clutches and brakes that can withstand challenging conditions and deliver dependable performance.
North America will remain the largest region over the forecast period due to presence of major players in this region.

Features of the Global Industrial Clutch and Brake Market

Market Size Estimates: Industrial clutch and brake market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Industrial clutch and brake market size by product, type, end use, and region in terms of value ($B).
Regional Analysis: Industrial clutch and brake market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, types, end uses, and regions for the industrial clutch and brake market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the industrial clutch and brake market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the industrial clutch and brake market size?
Answer: The global industrial clutch and brake market is expected to reach an estimated $1.4 billion by 2030.

Q2. What is the growth forecast for industrial clutch and brake market?
Answer: The global industrial clutch and brake market is expected to grow with a CAGR of 3.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the industrial clutch and brake market?
Answer: The major drivers for this market are increasing demand for industrial automation, rising demand for higher capacity conveyor drives and growing need for industrial safety.

Q4. What are the major segments for industrial clutch and brake market?
Answer: The future of the industrial clutch and brake market looks promising with opportunities in the oil & gas, mining, power, and food & beverage markets.

Q5. Who are the key industrial clutch and brake market companies?
Answer: Some of the key industrial clutch and brake companies are as follows:

  • Altra Industrial Motion
  • Dayton Superior Products
  • Eaton
  • GKN Automotive
  • Hilliard
  • KEB Automation
  • Lenze
  • Magnetic Technologies
  • Magtrol
  • Nexen



Q6. Which industrial clutch and brake market segment will be the largest in future?
Answer: Lucintel forecasts that mechanical friction clutch & brake will remain the largest segment over the forecast period due to growing need for conveyor systems for food handling and packaging applications in the food and beverage industry.

Q7. In industrial clutch and brake market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to presence of major players in this region.

Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.



This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the industrial clutch and brake market by product (mechanical friction clutches & brakes, electromagnetic clutches & brakes, over-running & heavy-duty, and others), type (pneumatic & hydraulic, mechanical, electromagnetic, and electrical), end use (oil & gas industry, mining industry, power industry, food & beverages, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Industrial Clutch And Brake Market, Industrial Clutch And Brake Market Size, Industrial Clutch And Brake Market Growth, Industrial Clutch And Brake Market Analysis, Industrial Clutch And Brake Market Report, Industrial Clutch And Brake Market Share, Industrial Clutch And Brake Market Trends, Industrial Clutch And Brake Market Forecast, Industrial Clutch And Brake Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.