Electromechanical Brakes Market
Electro-mechanical Brakes Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Electro-mechanical Brakes Market Size and Growth
The Electro-mechanical Brakes market is experiencing significant growth, driven by advancements in automotive technology and increasing demand for energy-efficient systems. The market size reached approximately USD 5 billion in 2023, with a projected CAGR of over 8% through 2030, fueled by expanding applications in electric and hybrid vehicles. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Altra Industrial Motion
◍ Kendrion
◍ Mayr
◍ Ogura Industrial
◍ REACH Machinery
◍ Precima Magnettechnik
◍ Miki Pulley
◍ Dunkermotoren (Ametek)
◍ KEB Automation
◍ Ortlinghaus Group
◍ OSAKI
◍ Cantoni Motor
◍ Magnetic Technologies
◍ Re SpA
◍ EIDE
◍ SUCO
◍ Emco Dynatorq
The electro-mechanical brakes market features key players like Altra Industrial Motion and Kendrion, focusing on innovation and diversification. Companies enhance market growth through advanced product offerings and strategic partnerships. Notable sales revenues include Altra Industrial Motion at approximately $1 billion, and Dunkermotoren contributing significantly to market expansion. Request Sample Report
Market Segmentation
By Application
Packaging Industry ◍ Elevator
Medical
Other
By Product
◍ Single Face Brake
◍ Hysteresis Power Brake ◍ Multiple Disk Brake ◍ Material Handling
◍ Power off Brake
◍ Particle Brake
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Market Growth
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$ X Billion USD
