Electromagnetic brakes (also called electro-mechanical brakes or EM brakes) slow or stop motion using electromagnetic force to apply mechanical resistance (friction). They were originally called "electro-mechanical brakes," but over the years the name changed to "electromagnetic brakes", referring to their actuation method. Since becoming popular in the mid-20th century, especially in trains and trams, the variety of applications and brake designs has increased dramatically, but the basic operation remains the same.

According to Bosson Research, the Global Electro-magnetic Brakes Market Size was estimated at USD 645.84 million in 2020 and is projected to reach USD 878.48 million by 2027, exhibiting a CAGR of 4.49% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Electro-magnetic Brakes market covering all its essential aspects. This ranges from macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps to shape the competition within the industries and strategies to the competitive environment in order to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of Global Electro-magnetic Brakes.