Permanent Magnet Power Off Brake Market
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Permanent Magnet Power Off Brake Market Size and Growth
The Permanent Magnet Power Off Brake market is experiencing robust growth, driven by increasing demand across various industries for efficient braking solutions. The global market size is projected to reach approximately $450 million by 2026, with a compound annual growth rate of around 6% during the forecast period, reflecting expanding applications and technological advancements. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Ogura Industrial
◍ Altra Industrial Motion
◍ Kendrion
◍ KEB Automation
◍ Mayr
◍ Precima Magnettechnik
◍ Miki Pulley
◍ Dunkermotoren
◍ OSAKI
◍ Ortlinghaus Group
◍ Cantoni Motor
◍ Re SpA
◍ Magnetic Technologies
◍ EIDE
◍ SUCO
◍ Emco Dynatorq
◍ YAN Industries
The Permanent Magnet Power Off Brake Market features key players like Ogura Industrial, Altra Industrial Motion, and KEB Automation. These companies enhance market growth through innovative brake designs and applications across industries. For instance, their advanced braking technologies improve safety and efficiency, driving revenue growth. Notable sales figures include:
- Altra Industrial Motion: $1.19 billion
- Ogura Industrial: $100 million
- Kendrion: €230 million
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Market Segmentation
By Application
Material Handling
Packaging Industry ◍ Elevator ◍ Heavy Equipment
Others
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By Product
Low Torque
High Torque
Market Growth
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$ X Billion USD
