Industrial Production Products & Services

Industrial Brakes: Market Size, Growth & Forecast to 2030

The Industrial Brakes market is valued at about $14.8 billion (2026) and is projected to grow at a 4.8% CAGR through 2030. The largest cost driver is Steel and cast iron raw materials (35% of spend). Asia Pacific leads demand at 40%.

Market size
$14.8 bn (2026)
CAGR to 2030
+4.8%
Buyer power
Favours buyers
Tracked suppliers
35
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 4.8% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 126

Cost structure

Steel and cast iron raw materials
35%
Advanced friction materials and composites
20%
Manufacturing and assembly labor
25%
Energy and utilities
10%
Logistics and freight
10%

Regional demand split

Asia Pacific demand
40%
North America demand
25%
Europe demand
20%
Rest of world demand
15%

Key suppliers

Altra Industrial Motion Corp. (Regal Rexnord)Eaton Corporation plcCarlisle Brake & FrictionDellner BubenzerTwiflex Ltd.Coremo Ocmea S.p.A.Svenska Industri Bromsar (SIB)
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/industrial-brakes