Published by TMR Research Insights
Posted on October 4, 2021
5 min readLast updated: January 31, 2026
The Industrial Brakes Market is set for rapid growth, driven by automation and robotics, with North America leading the market share.
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Key Drivers of Industrial Brakes Market
Volatile Prices of Raw Materials Restrict the Adoption Rate of Industrial Brakes
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North America to Hold Major Share of the Global Industrial Brakes Market
Industrial Brakes Market – Competitive Landscape
Altra Industrial Motion Corp.
Incorporated in 2004, Altra Industrial Motion Corp. is based in Braintree, Massachusetts, the U.S. The company possesses expertise in designing, production, and marketing of electromechanical power transmission motion control. It operates through the power transmission technologies; and automation and specialty segments. The company serves material handling, packaging, food and beverage, agriculture, medical, oil and gas, energy, and marine industries. It operates in the US, Europe, Africa, Australia, and Asia.
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Carlisle Brake & Friction (CBF)
Established in 1924, Carlisle Brake & Friction is based in Solon, Ohio, the U.S. It is a leading manufacturer and supplier of high performance brake and friction system solutions for vehicles. The company has over 2000 employees and it serves over 100 leading OEMs (original equipment manufacturers) in 50 countries across the world. It has its manufacturing units in the U.S., U.K., Italy, China, and Japan among other countries. Carlisle Brake & Friction operates as a subsidiary of Carlisle Companies Incorporated.
Some of the other significant players in the industrial brakes market are
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The article discusses the growth and key drivers of the Industrial Brakes Market projected to 2027.
Automation, industrial robotics, and technological advancements are driving growth.
North America currently holds a major share of the global industrial brakes market.
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