Brakes for Industrial Machinery market is estimated to reach $XX million by 2029, growing at a CAGR of XX% from 2023 to 2029. The increasing demand for industrial machinery across various sectors like construction, mining, and manufacturing is driving the market growth. Stringent safety regulations and rising focus on worker safety are also contributing to the market expansion. Technological...

The global industrial motor brakes market is expected to reach USD 2,529 million by 2035, up from USD 1,472 million in 2024. During the forecast period (2025 to 2035), the industry is projected to expand at a CAGR of 5.1%. Over the span of next ten years, the industry is poised to grow 1.6X with an absolute dollar opportunity of USD 991.2 million. This growth trajectory underscores a...

The global industrial motor brakes market is expected to reach USD 2,529 million by 2035, up from USD 1,472 million in 2024. During the forecast period (2025 to 2035), the industry is projected to expand at a CAGR of 5.1%.Over the span of next ten years, the industry is poised to grow 1.6X with an absolute dollar opportunity of USD 991.2 million. This growth trajectory underscores a favorable...