Global Industrial Brakes Market 2018-2022 - ResearchAndMarkets.com
The "Global Industrial Brakes Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global industrial brakes market is expected to grow at a CAGR of over 3% during the forecast period.
Industrial brakes are used in wind power plants and hydropower plants to slow or halt turbine rotors. The industrial brakes used in such applications require high cycle rates. Therefore, rising investments in renewable sources in renewable sources of energy increase the demand for industrial brakes.
Market Overview
Rising investments in renewable sources of energy
The governments of several countries are planning to reduce the share of non-renewable sources of energy such as coal and nuclear by adopting renewable sources of energy. Industrial brakes are used in wind power plants and hydropower plants to slow or halt the turbine rotors. Therefore, the rising investments in renewable sources of energy increase the demand for industrial brakes.
Fluctuations in cost of raw materials
The inversing cost of cooper has encouraged vendors to shift from copper to aluminum which is light. Most industrial brakes require an electromagnetic force, which triggers that brake pad movement. Hence, copper is required. Therefore, fluctuations in the cost of such raw materials affect the profitability of the vendors.
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By End-User
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
- Altra Industrial Motion
- AMETEK
- Carlisle
- Dellner
- Eaton
For more information about this report visit https://www.researchandmarkets.com/research/rff62b/global_industrial?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190114005362/en/