Electro-magnetic Brakes Market Report: the global Electro-magnetic Brakes market size is projected to reach USD 0.9 billion by 2031
Electromagnetic brakes are also called Electro-mechanical Brakes or EM brakes. Electromagnetic brake is a mechanical part that stops or decelerates moving parts in a machine. Commonly known as brakes. The brake is mainly composed of a brake frame, brake parts and a control device. Some brakes are also equipped with an automatic adjustment of the brake clearance. In order to reduce the braking torque and structure size, the brake is usually installed on the high-speed shaft of the equipment, but large equipment with high safety requirements (such as mine hoists, elevators, etc.) should be installed on the low-speed shaft near the working part of the equipment on.
1. Advancements in Industrial Automation
The surge in automation across manufacturing and industrial sectors necessitates precise and reliable braking solutions. Electromagnetic brakes offer quick response times and integration capabilities with automated systems, making them ideal for applications in robotics, material handling, and packaging machinery.
2. Emphasis on Safety and Regulatory Compliance
Stringent safety regulations and standards are compelling manufacturers to adopt advanced braking systems. Electromagnetic brakes provide enhanced safety features, including fail-safe mechanisms and real-time diagnostics, aligning with regulatory requirements.
3. Expansion into Emerging Markets
Regions like Asia-Pacific are witnessing rapid industrialization and urbanization, leading to increased demand for advanced braking solutions. Government initiatives promoting industrial automation adoption and infrastructure development further bolster market growth in these areas.
4. Miniaturization and Lightweight Design
There's a growing trend towards compact and lightweight electromagnetic brakes to fit into confined spaces without compromising performance. This is particularly relevant for applications in robotics and medical devices.
5. Increased competition
The competition among vendors will increase during the forecast period. Vendors will compete to deliver competitive advantages in the market on the basis of pricing, user-friendly interfaces, value-added benefits, and service portfolios. During the forecast period, we expect this competition to intensify with an increase in product extensions.
6. Continuous innovation
Technological innovations have an important role in driving the growth of the market. To sustain in the competitive market, vendors should develop new ideas and technologies and stay up-to-date with the advanced technologies.
According to the new market research report “Electro-magnetic Brakes- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global Electro-magnetic Brakes market size is projected to reach USD 0.9 billion by 2031, at a CAGR of 2.7% during the forecast period.
Figure00001. Global Electro-magnetic Brakes Market Size (US$ Million), 2020-2031
Source: QYResearch, "Electro-magnetic Brakes- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
Figure00002. Global Electro-magnetic Brakes Top 15 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
Source: QYResearch, "Electro-magnetic Brakes- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
According to QYResearch Top Players Research Center, the global key manufacturers of Electro-magnetic Brakes include Regal Rexnord, Kendrion, Mayr, Ogura Industrial, REACH Machinery, Precima Magnettechnik, KEB Automation, Miki Pulley, Dunkermotoren (Ametek), Ortlinghaus Group, etc. In 2024, the global top five players had a share approximately 64.0% in terms of revenue.
In terms of product application, currently Machinery is the largest segment, hold a share of 47.1%.
About The Authors
Jiquan Zhai - Lead Author |
Email: zhaijiquan@qyresearch.com |
Tel: 17319264309 |
About QYResearch
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