Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Flexible Mechanical Couplings Market by Type (Sleeve, Flanged, Clamped), By Application (Oil and Gas Industry, Power Generation, Agricultural, Mining and Metals Industry, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Flexible Mechanical Couplings Market by Type (Sleeve, Flanged, Clamped), By Application (Oil and Gas Industry, Power Generation, Agricultural, Mining and Metals Industry, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 306501 4200 Machinery & Equipment 377 214 Pages 4.6 (45)
                                          

Market Overview:


The global flexible mechanical couplings market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flexible mechanical couplings in oil and gas industry, power generation, agricultural, mining and metals industry, and other applications. North America is expected to dominate the global flexible mechanical couplings market during the forecast period owing to the presence of key players in this region. Asia Pacific is projected to be the fastest-growing region during the forecast period owing to rising industrialization and growing demand for energy across countries such as China and India.


Global Flexible Mechanical Couplings Industry Outlook


Product Definition:


A flexible mechanical coupling is a device that transmits torque and rotation between two shafts while allowing for limited angular misalignment and vibration isolation. The importance of flexible mechanical couplings is that they can transmit power while absorbing vibrations, which can protect equipment from damage.


Sleeve:


Sleeve is a mechanical coupling used in various industries such as automotive, construction, oil & gas and mining. It is also used in the food industry for packaging applications. The global market for sleeve has been experiencing significant growth over the past few years owing to its increasing usage across several industries coupled with technological advancements in this field.


The key driver responsible for market growth includes rising demand from end-use industries such as automotive.


Flanged:


Flanged coupling is a mechanical coupling with female and male components joined by an O-ring or a flexible silicone rubber. The design of flanges varies according to the application. In general, they are circular in shape and made from steel or plastic with varying diameters depending on the type of connection required. Flanged couplings are used for applications that require high torque at low speed such as fastening two rotating shafts together, driving two gears together, etc.


Application Insights:


The oil and gas industry was the dominant segment in terms of application scope and accounted for 33.3% of the total revenue share in 2017. The growth can be attributed to increasing production activities across major economies including Saudi Arabia, Russia, China, U.S., Canada among others which are contributing towards increased demand for flexible mechanical couples within this sector.


The power generation industry is anticipated to witness significant growth over the forecast period owing to growing electricity needs across various developing countries such as India, Brazil among others which are projected to drive demand for FMCs over the next eight years from 2018to 2030 at a CAGR of XX%. In addition, rapid industrialization coupled with urbanization has led to an increase in energy requirements resulting in increased power generation activities leading toward additional demand for FMCs within this sector over the forecast period.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for oil & gas, power generation, and other applications owing to rapid industrialization and urbanization. China is one of the largest economies having extensive mineral resources which require efficient mining operations for extraction. This scenario is anticipated to drive regional growth over the forecast period.


Europe accounted for a significant share of revenue in 2017 owing to high demand from end-use industries coupled with strict emission norms implemented by governments across countries such as Germany, France, Italy etc., which are majorly driving flexible mechanical couplings usage in power generation sector instead of conventional rigid counterparts resulting into higher efficiency while reducing overall cost per unit output value.


Growth Factors:


  • Increasing demand for automobiles and heavy equipment
  • Growing construction and infrastructure activities
  • Rising industrial output across the globe
  • Technological advancements in coupling products
  • Growing awareness about the benefits of flexible mechanical couplings

Scope Of The Report

Report Attributes

Report Details

Report Title

Flexible Mechanical Couplings Market Research Report

By Type

Sleeve, Flanged, Clamped

By Application

Oil and Gas Industry, Power Generation, Agricultural, Mining and Metals Industry, Other

By Companies

GKN, LORD Corporation, Gates, Hutchison, Herwarth Reich, TSUBAKIMOTO CHAIN, TOYO TIRE & RUBBER, Helical Products, Voith, Zero-Max, GKN

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

214

Number of Tables & Figures

150

Customization Available

Yes, the report can be customized as per your need.


Global Flexible Mechanical Couplings Market Report Segments:

The global Flexible Mechanical Couplings market is segmented on the basis of:

Types

Sleeve, Flanged, Clamped

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Oil and Gas Industry, Power Generation, Agricultural, Mining and Metals Industry, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. GKN
  2. LORD Corporation
  3. Gates
  4. Hutchison
  5. Herwarth Reich
  6. TSUBAKIMOTO CHAIN
  7. TOYO TIRE & RUBBER
  8. Helical Products
  9. Voith
  10. Zero-Max
  11. GKN

Global Flexible Mechanical Couplings Market Overview


Highlights of The Flexible Mechanical Couplings Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Sleeve
    2. Flanged
    3. Clamped
  1. By Application:

    1. Oil and Gas Industry
    2. Power Generation
    3. Agricultural
    4. Mining and Metals Industry
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Flexible Mechanical Couplings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Flexible Mechanical Couplings Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Flexible mechanical couplings are a type of coupling that allow for movement in one direction only. This is different from traditional mechanical couplings, which can allow for both forward and reverse motion. Flexible mechanical couplings are often used in applications where precise movement is required, such as manufacturing or engineering.

Some of the major companies in the flexible mechanical couplings market are GKN, LORD Corporation, Gates, Hutchison, Herwarth Reich, TSUBAKIMOTO CHAIN, TOYO TIRE & RUBBER, Helical Products, Voith, Zero-Max, GKN.

The flexible mechanical couplings market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flexible Mechanical Couplings Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Flexible Mechanical Couplings Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Flexible Mechanical Couplings Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Flexible Mechanical Couplings Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Flexible Mechanical Couplings Market Size & Forecast, 2020-2028       4.5.1 Flexible Mechanical Couplings Market Size and Y-o-Y Growth       4.5.2 Flexible Mechanical Couplings Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Sleeve
      5.2.2 Flanged
      5.2.3 Clamped
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Oil and Gas Industry
      6.2.2 Power Generation
      6.2.3 Agricultural
      6.2.4 Mining and Metals Industry
      6.2.5 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Flexible Mechanical Couplings Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Flexible Mechanical Couplings Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Sleeve
      9.6.2 Flanged
      9.6.3 Clamped
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Oil and Gas Industry
      9.10.2 Power Generation
      9.10.3 Agricultural
      9.10.4 Mining and Metals Industry
      9.10.5 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Sleeve
      10.6.2 Flanged
      10.6.3 Clamped
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Oil and Gas Industry
      10.10.2 Power Generation
      10.10.3 Agricultural
      10.10.4 Mining and Metals Industry
      10.10.5 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Sleeve
      11.6.2 Flanged
      11.6.3 Clamped
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Oil and Gas Industry
      11.10.2 Power Generation
      11.10.3 Agricultural
      11.10.4 Mining and Metals Industry
      11.10.5 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Sleeve
      12.6.2 Flanged
      12.6.3 Clamped
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Oil and Gas Industry
      12.10.2 Power Generation
      12.10.3 Agricultural
      12.10.4 Mining and Metals Industry
      12.10.5 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Sleeve
      13.6.2 Flanged
      13.6.3 Clamped
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Oil and Gas Industry
      13.10.2 Power Generation
      13.10.3 Agricultural
      13.10.4 Mining and Metals Industry
      13.10.5 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Flexible Mechanical Couplings Market: Competitive Dashboard
   14.2 Global Flexible Mechanical Couplings Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 GKN
      14.3.2 LORD Corporation
      14.3.3 Gates
      14.3.4 Hutchison
      14.3.5 Herwarth Reich
      14.3.6 TSUBAKIMOTO CHAIN
      14.3.7 TOYO TIRE & RUBBER
      14.3.8 Helical Products
      14.3.9 Voith
      14.3.10 Zero-Max
      14.3.11 GKN

Our Trusted Clients

Contact Us