MarketResearchReports.Biz presents this most up-to-date research on "Global Industrial Clutches and Brakes Market 2017-2021 "
Albany, NY -- (SBWIRE) -- 03/21/2017 -- Clutches and brakes are widely used in industrial applications for transmitting mechanical power between the driving shaft and driven shaft. An industry chooses clutches, brakes, or a combination of these two based on application.
Technavios analysts forecast the global industrial clutches and brakes market to grow at a CAGR of 1.65% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial clutches and brakes market for 2017-2021. To calculate the market size, the report considers the fresh sales as well as the replacement and retrofitting markets.
The market is divided into the following segments based on geography:
APAC
EMEA
Americas
Technavio's report, Global Industrial Clutches and Brakes Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Altra Industrial Motion
Electroid
GKN Land Systems
Hilliard Corporation
Thomson Industries
Other prominent vendors
Dayton Superior Products
Magnetic Technology
Lenze SE
INTORQ
The Rowland Company
Vortex Engineering
ComInTec
DESCH Drive Technology
Kobelt
Nexen Europe Group
Regal Beloit
Tsubakimoto Europe
VULKAN
WPT Power
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Market driver
Increasing demand for higher capacity conveyor drives
For a full, detailed list, view our report
Market challenge
Growing manufacturing cost of neodymium magnets
For a full, detailed list, view our report
Market trend
Increasing need for miniaturization of clutches and brakes
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?