Latest News- Industrial Clutches And Brakes Market: Mechanical friction is expected to lead the Product segment during 2025-2029

The Industrial Clutches And Brakes Market is being driven by Increasing demand for higher capacity conveyor drives

The Industrial Clutches And Brakes Market is expected to grow at a CAGR of 3.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 280.3 million. In the rapidly advancing industrial landscape, the significance of clutches and brakes is increasingly prominent, particularly in the context of automation and the growing prevalence of servomotors. These compact electric motors, which control axle movement in precision-driven industries, encounter a challenge during power interruptions due to the excitation failure in their magnetic fields, leading to axle misalignment. To mitigate this issue, clutches and brakes play a pivotal role, employing either a spring or a permanent magnet to maintain axle position. The compact size of servomotors necessitates the development of correspondingly diminutive clutches and brakes, ensuring seamless integration into systems without adding unnecessary bulk. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Mechanical friction
  • Electromagnetic
  • Over-running and heavy-duty
  • Others
• End-user
  • Oil and gas industry
  • Mining industry
  • Power industry
  • Others
• Technology
  • Hydraulic
  • Pneumatic
  • Mechanical
  • Electrical
• Geography
  • North America
    • Canada
    • Mexico
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for higher capacity conveyor drives
• Technology-driven improvement in friction system
• Rising need for industrial automation

However, the market also witnesses some limitations, which are as follows:

• Growing manufacturing cost of neodymium magnets
• Rising demand for electric drives
• Excessive dependence on oil and gas and mining industries

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Market Scope in Industrial Clutches And Brakes Market Research Report

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Research Analysis Overview

The Industrial Clutches and Brakes Market encompasses various types of clutches and brakes, including wet, dry, ceramic, carbon, metallic, air, magnetic, centrifugal, electric, eddy current, dynamic, and regenerative. Key performance factors include clutch engagement time, brake response time, clutch slip rate, brake torque, clutch holding torque, clutch capacity, brake capacity, clutch pressure, brake pressure, clutch temperature, brake temperature, clutch noise, brake noise, clutch vibration, brake vibration, clutch life expectancy, brake life expectancy, clutch replacement costs, brake replacement costs, clutch sizing, brake sizing, clutch selection, and clutch installation. Clutch troubleshooting and brake troubleshooting are also essential aspects of this market. (51 words)

Market Research Overview

In the expansive landscape of the global industrial machinery and supplies and components market, the industrial clutches and brakes segment plays a pivotal role. This sector encompasses manufacturers of torque control systems, clutch plates, friction materials, electromagnetic clutches, hydraulic clutches, pneumatic clutches, mechanical clutches, brake pads, and brake shoes. The market's size is determined by the consolidated revenue generated by these entities. Factors fueling the growth of this market include the increasing industrial output in process and discrete industries, driven by the burgeoning demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing economies.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/