Clutches and brakes are widely used in industrial applications for transmitting mechanical power between the driving shaft and driven shaft. An industry chooses clutches, brakes, or a combination of these two based on application.
Technavio’s analysts forecast the global industrial clutches and brakes market to grow at a CAGR of 1.65% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global industrial clutches and brakes market for 2017-2021. To calculate the market size, the report considers the fresh sales as well as the replacement and retrofitting markets.
The market is divided into the following segments based on geography: - APAC - EMEA - Americas
Technavio's report, Global Industrial Clutches and Brakes Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Altra Industrial Motion - Electroid - GKN Land Systems - Hilliard Corporation - Thomson Industries
Other prominent vendors - Dayton Superior Products - Magnetic Technology - Lenze SE - INTORQ - The Rowland Company - Vortex Engineering - ComInTec - DESCH Drive Technology - Kobelt - Nexen Europe Group - Regal Beloit - Tsubakimoto Europe - VULKAN - WPT Power
Market driver - Increasing demand for higher capacity conveyor drives - For a full, detailed list, view our report
Market challenge - Growing manufacturing cost of neodymium magnets - For a full, detailed list, view our report
Market trend - Increasing need for miniaturization of clutches and brakes - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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