Global Permanent Magnet Power Off Brake Market Growth 2025-2031

The global Permanent Magnet Power Off Brake market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Permanent magnet power off brakes work according to the closed-circuit principle, designed so that when the power is off, the brake is engaged (power-off brake engagement). The permanent magnet brake is available in the same mounting style as a conventional power on brake with flange or spigot mounting options therefore it is easier to incorporate in to existing designs

United States market for Permanent Magnet Power Off Brake is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Permanent Magnet Power Off Brake is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Permanent Magnet Power Off Brake is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Permanent Magnet Power Off Brake players cover Ogura Industrial, Altra Industrial Motion, Kendrion, KEB Automation, Mayr, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Permanent Magnet Power Off Brake Industry Forecast” looks at past sales and reviews total world Permanent Magnet Power Off Brake sales in 2024, providing a comprehensive analysis by region and market sector of projected Permanent Magnet Power Off Brake sales for 2025 through 2031. With Permanent Magnet Power Off Brake sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Permanent Magnet Power Off Brake industry.

This Insight Report provides a comprehensive analysis of the global Permanent Magnet Power Off Brake landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Permanent Magnet Power Off Brake portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Permanent Magnet Power Off Brake market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Permanent Magnet Power Off Brake and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Permanent Magnet Power Off Brake.

This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Magnet Power Off Brake market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Low Torque
High Torque

Segmentation by Application:
Material Handling
Packaging Industry
Elevator
Heavy Equipment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Ogura Industrial
Altra Industrial Motion
Kendrion
KEB Automation
Mayr
Precima Magnettechnik
Miki Pulley
Dunkermotoren
OSAKI
Ortlinghaus Group
Cantoni Motor
Re SpA
Magnetic Technologies
EIDE
SUCO
Emco Dynatorq
YAN Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Permanent Magnet Power Off Brake market?

What factors are driving Permanent Magnet Power Off Brake market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Permanent Magnet Power Off Brake market opportunities vary by end market size?

How does Permanent Magnet Power Off Brake break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.