Industrial Brakes Market: Key Insights and Strategic Industry Analysis
According to a new report published by Allied Market Research, titled, Industrial Brakes by Type, Application and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2017-2023, the industrial brakes market was valued at $828 million in 2016, and is projected to reach at $1,074 million by 2023, growing at a CAGR of 3.70% from 2017 to 2023. Europe is expected to be the leading contributor to the industrial brakes market, followed by Asia-Pacific and North America.
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