Industrial Brakes Market Report 2026

The industrial brakes market size has grown strongly in recent years. It will grow from $1.38 billion in 2025 to $1.47 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to manufacturing equipment growth, mining industry expansion, material handling demand, maritime industry development, heavy machinery usage.

The industrial brakes market size is expected to see strong growth in the next few years. It will grow to $1.83 billion in 2030 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to automation in industrial equipment, renewable energy installations, safety compliance requirements, logistics infrastructure growth, advanced motion control demand. Major trends in the forecast period include high load braking systems, electromagnetic brake adoption, safety oriented brake design, automated braking solutions, enhanced brake durability.

The growing automation in manufacturing is expected to drive the growth of the industrial brakes market in the coming years. Automation in manufacturing involves using technology, including robots and control systems, to perform tasks and processes with minimal human intervention, aiming to improve efficiency, precision, and productivity. This trend is fueled by the need for higher efficiency, cost reduction, enhanced accuracy, improved safety, and the ability to meet high production demands. Industrial brakes support automation by providing precise motion control, reliable emergency stopping, consistent performance under varying loads, and enhanced safety, all of which are critical for the efficiency and reliability of automated systems. For example, in September 2024, the World Robotics Report by the International Federation of Robotics reported that approximately 4,281,585 industrial robots were operating worldwide in 2023, a 10% increase from the previous year. Annual installations exceeded 541,302 units, with 70% deployed in Asia, 17% in Europe, and 10% in the Americas, highlighting both global scale and regional concentration of automation growth. Therefore, increasing automation in manufacturing is propelling the industrial brakes market.

Technological advancements are driving the industrial brakes market, with companies developing next-generation braking technologies to enhance performance, safety, and efficiency in industrial applications. Next-generation braking systems incorporate innovative technologies and materials to improve overall functionality. For instance, in March 2023, ZF Friedrichshafen AG, a Germany-based technology company, launched Advanced Brake-by-Wire Solutions for the global construction industry. The system operates via electronic signals that adjust brake pressure as needed, eliminating the need for hydraulic lines in the cab and supporting the transition toward electric and autonomous vehicle operations.

In December 2023, AEQUITA, a Germany-based private equity company, acquired TMD Friction Group GmbH for an undisclosed amount. This acquisition preserves TMD’s operational independence while integrating AEQUITA’s management expertise to drive growth. It also leverages AEQUITA’s resources to facilitate global expansion, foster innovation, and strengthen TMD’s competitive position, advancing research and development within the industrial brakes sector. TMD Friction Group GmbH manufactures industrial braking solutions.

Major companies operating in the industrial brakes market are Eaton Corporation plc, Parker Hannifin Corporation, Altra Industrial Motion Corp., Dellner Bubenzer, Hilliard Corporation, SIBRE Siegerland Bremsen GmbH, Carlisle Brake & Friction, Coremo Ocmea S.p.A., Emco Precima Engineering Pvt. Ltd., KTR Systems GmbH, Nabtesco Corporation, Haldex AB, Kobelt Manufacturing Co. Ltd., Antec SA, Kor-Pak Corporation, Jiaozuo Changjiang Brake Co. Ltd., Jiangxi Huawu Brake Co. Ltd., Shanghai Borui Electric Co. Ltd., Warner Electric, Stromag GmbH, Wichita Clutch.

North America was the largest region in the industrial brakes market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial brakes market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial brakes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial brakes market consists of sales of spring-applied brakes, regenerative brakes, pneumatic brakes, hydraulic brakes, railway brakes, and cranes and hoist brakes. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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