Global Industrial Brakes Market 2021-2025

Global Industrial Brakes Market 2021-2025

  • January 2021 •
  • 120 pages •
  • Report ID: 5666371 •
  • Format: PDF
Global Industrial Brakes Market 2021-2025
The analyst has been monitoring the industrial brakes market and it is poised to grow by $ 188.90 mn during 2021-2025 progressing at a CAGR of 5% during the forecast period. Our report on industrial brakes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the expansion of renewable power generation capacity and increasing focus on improving safety of industrial machines. In addition, expansion of renewable power generation capacity is anticipated to boost the growth of the market as well.
The industrial brakes market analysis includes end-user segment and geographical landscapes.

The industrial brakes market is segmented as below:
- By End-user
- Oil and gas
- Construction
- Metals and mining
- Power
- Others
- By Geography
- North America
- Europe
- APAC
- South America
- MEA

This study identifies the growth in the construction industry as one of the prime reasons driving the industrial brakes market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on industrial brakes market covers the following areas:
- Industrial brakes market sizing
- Industrial brakes market forecast
- Industrial brakes market industry analysis