MARKET SIZE & GROWTH
• The global Electro-mechanical Brake Market was valued at USD 796.30 million in 2023.
• It is projected to reach USD 977.14 million by 2032.
• The market is expected to grow at a CAGR of 2.30% during the forecast period.
MARKET SEGMENTATION
BY TYPE: BY APPLICATION:
• Electrically Actuated Brake
• Spring Actuated Brake
• Processing Machinery
• Packaging Machinery
• Construction Machinery
• Elevator
