Clutches and brakes are widely used in the oil and gas, mining, marine, and power industries. The demand for industrial clutches and brakes had registered a significant increase in the past decades due to the emergence of automation. However, due to the dip in crude oil price by 50%, major industries for clutches and brakes witnessed minimal investment since 2014. This led to the declining growth of the global industrial clutches and brakes market. The sluggish European economy is another reason for the slowdown in the sales of clutches and brakes.Technological advances in electric drives have a large-scale negative implication on the sales of clutches and brakes. At present, many industries are widely adopting electric drives for motion control due to their energy efficiency characteristics.

PART 01: Executive summary 6

PART 02: Scope of the report 17

PART 03: Research Methodology 22

PART 04: Introduction 25

Key market highlights 25

PART 05: Market landscape 27

Market overview 27

Market size and forecast 29

Five forces analysis 31

PART 06: Market segmentation by product 32

Market overview 32

Global mechanical friction clutches and brakes market 33

Global electromagnetic clutches and brakes market 35

Global over-running and heavy-duty clutches and brakes

market 36

Global other clutches and brakes market 38

PART 07: Market segmentation by end-user 39

Market overview 39

Global industrial clutches and brakes market in oil and

gas industry 40

Global industrial clutches and brakes market in mining

industry 41

Global industrial clutches and brakes market in power

industry 42

Global industrial clutches and brakes market in other

industries 44

PART 08: Geographical segmentation 46

Market overview 46

Industrial clutches and brakes market in Americas 47

Industrial clutches and brakes market in EMEA 49

Industrial clutches and brakes market in APAC 50

PART 09: Market drivers 52

Increasing demand for higher capacity conveyor drives 52

Technology-driven improvement in friction system 52

Rising need for industrial automation 53

PART 10: Impact of drivers 55

PART 11: Market challenges 56

Growing manufacturing cost of neodymium magnets 56

Rising demand for electric drives 56

Excessive dependence on oil and gas and mining

industries 57

PART 12: Impact of drivers and challenges 58

PART 13: Market trends 59

Increasing need for miniaturization of clutches and

brakes 59

Growing requirement for customized clutches and

brakes 59

PART 14: Vendor landscape 60

Competitive landscape 60

Other prominent vendors 60

PART 15: Competition analysis 62

Altra Industrial Motion 62

Electroid 64

GKN Land Systems 65

Hilliard Corporation 67

Thomson Industries 68

PART 16: Appendix 70

List of abbreviations 70

PART 17: Explore Technavio 71