Magnetic Track Brakes (MTBs) are a form of brake that is mounted on the vehicle bogie frame between the wheels. When the MTB is lowered to contact the rail, a magnetic clamping force generates friction between the MTB and the rail which contributes to train deceleration.
This report contains market size and forecasts of Magnetic Track Brakes in global, including the following market information:
Global Magnetic Track Brakes Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Magnetic Track Brakes Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Magnetic Track Brakes companies in 2021 (%)
The global Magnetic Track Brakes market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electromagnetic Track Brakes Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Magnetic Track Brakes include Altra Industrial Motion, INTORQ, Ogura Industrial, Hilliard Corporation, Shanghai Tang Yi Electronics, KEB Automation, Kendrion, Lenze and SEPAC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Magnetic Track Brakes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnetic Track Brakes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Magnetic Track Brakes Market Segment Percentages, by Type, 2021 (%)
Electromagnetic Track Brakes
Permanent Magnet Track Brakes
Global Magnetic Track Brakes Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Magnetic Track Brakes Market Segment Percentages, by Application, 2021 (%)
Tram
High-Speed Train
Others
Global Magnetic Track Brakes Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Magnetic Track Brakes Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Magnetic Track Brakes revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Magnetic Track Brakes revenues share in global market, 2021 (%)
Key companies Magnetic Track Brakes sales in global market, 2017-2022 (Estimated), (Units)
Key companies Magnetic Track Brakes sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Altra Industrial Motion
INTORQ
Ogura Industrial
Hilliard Corporation
Shanghai Tang Yi Electronics
KEB Automation
Kendrion
Lenze
SEPAC
Magnetic Technologies
Magtrol
Placid Industries
REDEX Group
Emco Dynatorq
Precima Magnettechnik
Regal Power Transmission Solutions
Sjogren Industries