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 ever-evolving industrial landscape, the significance of clutches and brakes continues to grow, particularly in the context of increasing automation and the prevalence of servomotors. These compact electric motors, which control axle movement in precision-driven industries, encounter a challenge during power interruptions: axle misalignment due to the demagnetization of the magnetic field. To mitigate this issue, clutches and brakes, which employ springs or permanent magnets, are essential in maintaining axle position. By integrating compact clutches and brakes, manufacturers can seamlessly incorporate servomotors into their 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 models. 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, brake selection, clutch installation, and brake installation. Additionally, fail-safe mechanisms, clutch and brake troubleshooting are essential considerations in the market.

Market Research Overview

The industrial clutches and brakes market is a significant segment of the larger global industrial machinery and supplies and components market. This market encompasses companies manufacturing torque control systems, clutch plates, friction materials, electromagnetic clutches, hydraulic clutches, pneumatic clutches, mechanical clutches, brake pads, and brake shoes. The size of the global industrial machinery and supplies and components market is determined by the combined revenue generated by these manufacturers. The market's growth is driven by the increasing industrial output in process and discrete industries due to the expanding economies of developing countries. Specifically, the demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages continues to surge, necessitating capacity additions and the subsequent requirement for clutches and brakes.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/