Product Code: ETC265164 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India industrial brakes market is an essential segment of the country`s machinery and equipment industry. Industrial brakes are crucial components used in various machinery and equipment to ensure safety, control, and braking functions. The market is driven by factors such as industrial automation, safety regulations, and the need for precise braking in industrial processes. Industrial brakes find applications in material handling, cranes, hoists, and elevators. However, challenges such as the adoption of alternative braking technologies and competition from international players impact the market`s growth. Key players in the market include brake manufacturers, engineering companies, and suppliers of braking systems and solutions for diverse industrial applications.
The India industrial brakes market is driven by several factors. Firstly, the growth of industries such as manufacturing, construction, mining, and transportation creates a demand for reliable and high-performance braking solutions. Industrial brakes are essential for ensuring safety and control in various heavy-duty applications, making them indispensable in industrial settings. Secondly, the increasing focus on worker safety and compliance with safety regulations drives the adoption of high-quality and reliable industrial brakes. The requirement for precise and effective braking systems in machinery and equipment further contributes to the market`s growth. Moreover, the trend of automation and industrial digitization leads to the adoption of smart brakes with advanced features and monitoring capabilities.
The India industrial brakes market encounters various challenges affecting its growth trajectory. Firstly, the presence of low-cost and substandard brake products in the market poses a challenge for genuine manufacturers. These products may compromise safety and performance, leading to concerns for end-users. Creating awareness about the importance of using reliable and certified brake systems is essential. Secondly, the slowdown in certain industrial sectors can impact the demand for industrial brakes. Market fluctuations and economic uncertainties can lead to reduced investments in machinery and equipment, affecting the demand for braking systems. Additionally, the need for continuous technological advancements to meet evolving industry requirements and safety standards presents a challenge for brake manufacturers in India.
The Covid-19 pandemic had a mixed impact on the India industrial brakes market. During the pandemic, industries like automotive and construction, which are significant consumers of industrial brakes, faced slowdowns and reduced demand. This resulted in a temporary decline in the market. However, essential sectors like healthcare, logistics, and food processing continued to rely on industrial brakes for critical applications, which provided some stability to the market. As economic activities resume and industrial sectors rebound, the demand for industrial brakes is expected to recover, driven by safety regulations, automation, and modernization of industrial equipment.
The India industrial brakes market is served by various manufacturers of industrial braking systems. Some prominent players in this sector include Brakes India Private Limited (TVS Group), Hindustan Composites Limited, Bonfiglioli Transmissions Private Limited, and Pneuflex Inc. These companies offer a wide range of industrial brakes, including disc brakes, drum brakes, and electromagnetic brakes, catering to diverse industrial applications. Their commitment to safety, reliability, and high-performance braking solutions has established them as key players in the India industrial brakes market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Brakes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Brakes Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Brakes Market - Industry Life Cycle |
3.4 India Industrial Brakes Market - Porter's Five Forces |
3.5 India Industrial Brakes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Industrial Brakes Market Revenues & Volume Share, By Actuation Type, 2021 & 2031F |
3.7 India Industrial Brakes Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 India Industrial Brakes Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Industrial Brakes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and automation in India leading to higher demand for industrial brakes. |
4.2.2 Stringent government regulations on workplace safety driving the adoption of advanced braking systems. |
4.2.3 Growing focus on energy efficiency and sustainability pushing the demand for technologically advanced industrial brakes. |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with the installation of advanced industrial braking systems. |
4.3.2 Economic fluctuations and uncertainties impacting the investment decisions of industries. |
4.3.3 Lack of skilled workforce for the installation and maintenance of complex industrial brake systems. |
5 India Industrial Brakes Market Trends |
6 India Industrial Brakes Market, By Types |
6.1 India Industrial Brakes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Brakes Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Industrial Brakes Market Revenues & Volume, By Disc Brakes, 2021-2031F |
6.1.4 India Industrial Brakes Market Revenues & Volume, By Drum Brakes, 2021-2031F |
6.2 India Industrial Brakes Market, By Actuation Type |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Brakes Market Revenues & Volume, By Mechanical, 2021-2031F |
6.2.3 India Industrial Brakes Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.4 India Industrial Brakes Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.5 India Industrial Brakes Market Revenues & Volume, By Electric, 2021-2031F |
6.2.6 India Industrial Brakes Market Revenues & Volume, By Spring, 2021-2031F |
6.3 India Industrial Brakes Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Brakes Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.3 India Industrial Brakes Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 India Industrial Brakes Market Revenues & Volume, By Mining, 2021-2031F |
6.3.5 India Industrial Brakes Market Revenues & Volume, By Marine and Shipping, 2021-2031F |
6.3.6 India Industrial Brakes Market Revenues & Volume, By Power and Energy, 2021-2031F |
6.3.7 India Industrial Brakes Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Industrial Brakes Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Industrial Brakes Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 India Industrial Brakes Market Revenues & Volume, By Indirect, 2021-2031F |
7 India Industrial Brakes Market Import-Export Trade Statistics |
7.1 India Industrial Brakes Market Export to Major Countries |
7.2 India Industrial Brakes Market Imports from Major Countries |
8 India Industrial Brakes Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the adoption of advanced industrial brakes. |
8.2 Reduction in workplace accidents or incidents related to braking systems. |
8.3 Increase in the adoption rate of technologically advanced braking solutions in industries. |
8.4 Percentage of industries investing in regular maintenance and upgrades of industrial brakes. |
8.5 Compliance rate with government regulations related to industrial brake safety standards. |
9 India Industrial Brakes Market - Opportunity Assessment |
9.1 India Industrial Brakes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Industrial Brakes Market Opportunity Assessment, By Actuation Type, 2021 & 2031F |
9.3 India Industrial Brakes Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 India Industrial Brakes Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Industrial Brakes Market - Competitive Landscape |
10.1 India Industrial Brakes Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Brakes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |