Spring Actuated Brake Market, Global Outlook and Forecast 2023-2028

Report ID: 1424225 | Published Date: Oct 2024 | No. of Page: 76 | Base Year: 2023 | Rating: 5 | Webstory: Check our Web story

Spring Actuated Brake is also known as a ‘power-off engaged’ brake. A spring actuated electromagnetic brake provides reliable braking when the power is disengaged, and excellent performance in long-term holding applications. In a spring actuated, or spring applied brake, compression springs push the armature plate into the rotor disc to halt and hold movement when power is disengaged. This feature provides fail-safe braking, and allows the brake to maintain position over long periods of time, thus preventing machinery from “coasting” when powered off.
This report contains market size and forecasts of Spring Actuated Brake in global, including the following market information:
Global Spring Actuated Brake Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Spring Actuated Brake Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Spring Actuated Brake companies in 2021 (%)
The global Spring Actuated Brake market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Less than 100 mm OD Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Spring Actuated Brake include MIKI PULLEY CO., LTD., SHINKO ELECTRIC CO., LTD, MinebeaMitsumi lnc, Lenze, SG Transmission, Kendrion, KEB, Intorq and Binder, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Spring Actuated Brake manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Spring Actuated Brake Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Spring Actuated Brake Market Segment Percentages, by Type, 2021 (%)
Less than 100 mm OD
100 mm to 150 mm OD
More than 150 mm OD
Global Spring Actuated Brake Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Spring Actuated Brake Market Segment Percentages, by Application, 2021 (%)
Various Motors
Multi-joint Robots
Actuators
Machine Tools
Forklifts
Medical Machinery
Wind Power Generators
Others
Global Spring Actuated Brake Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Spring Actuated Brake Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Spring Actuated Brake revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Spring Actuated Brake revenues share in global market, 2021 (%)
Key companies Spring Actuated Brake sales in global market, 2017-2022 (Estimated), (Units)
Key companies Spring Actuated Brake sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
MIKI PULLEY CO., LTD.
SHINKO ELECTRIC CO., LTD
MinebeaMitsumi lnc
Lenze
SG Transmission
Kendrion
KEB
Intorq
Binder
Carlyle Johnson
Altra Industrial Motion Corp
EMF BRAKE

Frequently Asked Questions
Spring Actuated Brake Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Spring Actuated Brake Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Spring Actuated Brake Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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