Market Overview:
The global pin coupling 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 pin couplings in various applications, such as mining and cement, steel production, oil and gas, power generation, chemicals and pharmaceuticals, pulp and paper, water and wastewater treatment plants food and beverage industries railway vehicles among others. In addition, the growing industrialization across different regions is also propelling the growth of this market.
Product Definition:
A pin coupling is a device that mechanically couples two shafts together. It consists of a spindle that is inserted into a hole in one of the shafts, and a set of pins that fit into matching holes in the other shaft. The pins keep the spindle from rotating, while allowing it to slide up and down to adjust the distance between the two shafts. Pin couplings are used to connect gears, pulleys, or other components together.
Grey Cast Iron(GG):
Grey cast iron is a type of ferrous scrap that has been processed but not shaped into finished goods. It can be used as a substitute for the finished product, however it has certain limitations such as grey cast iron cannot be used in high-temperature applications and also does not have the ability to go through an induction process like regular black iron or steel.
The global grey cast iron market size was valued at USD 856 million in 2016.
Steel:
Steel is a alloy of iron and carbon. It has various applications in the automotive industry, construction industry, consumer goods industry and packaging industry.
Application Insights:
The application segment includes mining and cement, steel production, oil and gas, power generation, chemicals and pharmaceuticals pulp and paper water and wastewater food beverage railway vehicles others. The demand for the product is expected to grow at a significant rate in the railway vehicles application owing to its high corrosion resistance properties.
In terms of revenue mining coupled with cement was the largest segment accounting for a share of 33.3% in 2017 on account of increasing demand from construction industries across various regions globally including North America China India etc. Steel production emerged as second largest sector due to rapid industrialization developing countries such as India Indonesia Thailand etc where most of the iron ore is produced which ultimately leads to higher requirement for steel products which eventually results in growth for this market over forecast period especially during 2025-2030 when compared with 2017 levels.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities, coupled with growing demand for electricity and industrial machinery. China is one of the largest producers as well as consumers of coal, steel, cement and chemicals among other products.
The demand for globally sourced pin coupling in North America was valued at USD X million in 2017 owing to high consumption from numerous end-use industries such as mining & oil drilling (pinion gears), power generation (generators), steel production (machinery) among others. In addition, rising investments by prominent players such iron ore mining companies BHP Billiton Ltd., Rio Tinto Group; copper mines Clifton Colliery Company Limited; Alcoa Inc.
Growth Factors:
- Increasing demand from the automotive industry for fuel efficiency and weight reduction
- Growing popularity of electric vehicles, which require more efficient power transmission systems
- Rising demand for miniaturized and lightweight components in consumer electronics products
- Proliferation of Internet-of-Things (IoT) devices that need low-power, high-bandwidth data transmission
- Advances in 3D printing technology that allow for the production of customized pin couplings
Scope Of The Report
Report Attributes
Report Details
Report Title
Pin Coupling Market Research Report
By Type
Grey Cast Iron(GG), Steel, Copper, Aluminum, Others
By Application
Mining and Cement, Steel Production, Oil and gas, Power Generation, Chemicals and Pharmaceuticals, Pulp and Paper, Water and Wastewater, Food and Beverage, Railway Vehicles, Others
By Companies
Siemens (Flender), Anvil International, Fernco, Radicon, ATRA-FLEX, KTR, Naismith Engineering, Regal Beloit, Valveco, PuraNova Automation, LORD Corp, Benzlers, Voith, Altra Industrial Motion, Renold
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Pin Coupling Market Report Segments:
The global Pin Coupling market is segmented on the basis of:
Types
Grey Cast Iron(GG), Steel, Copper, Aluminum, Others
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
Mining and Cement, Steel Production, Oil and gas, Power Generation, Chemicals and Pharmaceuticals, Pulp and Paper, Water and Wastewater, Food and Beverage, Railway Vehicles, Others
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:
- Siemens (Flender)
- Anvil International
- Fernco
- Radicon
- ATRA-FLEX
- KTR
- Naismith Engineering
- Regal Beloit
- Valveco
- PuraNova Automation
- LORD Corp
- Benzlers
- Voith
- Altra Industrial Motion
- Renold
Highlights of The Pin Coupling Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Grey Cast Iron(GG)
- Steel
- Copper
- Aluminum
- Others
- By Application:
- Mining and Cement
- Steel Production
- Oil and gas
- Power Generation
- Chemicals and Pharmaceuticals
- Pulp and Paper
- Water and Wastewater
- Food and Beverage
- Railway Vehicles
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pin Coupling 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
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pin coupling is a process in which two or more pins are connected together electrically. This connection can be made through the use of a connector, such as a header pin, or it can be made by soldering two pins directly together.
Some of the major companies in the pin coupling market are Siemens (Flender), Anvil International, Fernco, Radicon, ATRA-FLEX, KTR, Naismith Engineering, Regal Beloit, Valveco, PuraNova Automation, LORD Corp, Benzlers, Voith, Altra Industrial Motion, Renold.
The pin coupling market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pin Coupling 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 Pin Coupling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pin Coupling 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 Pin Coupling 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 Pin Coupling Market Size & Forecast, 2018-2028
4.5.1 Pin Coupling Market Size and Y-o-Y Growth
4.5.2 Pin Coupling Market Absolute $ Opportunity
Chapter 5 Global Pin Coupling 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 Pin Coupling Market Size Forecast by Type
5.2.1 Grey Cast Iron(GG)
5.2.2 Steel
5.2.3 Copper
5.2.4 Aluminum
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pin Coupling 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 Pin Coupling Market Size Forecast by Applications
6.2.1 Mining and Cement
6.2.2 Steel Production
6.2.3 Oil and gas
6.2.4 Power Generation
6.2.5 Chemicals and Pharmaceuticals
6.2.6 Pulp and Paper
6.2.7 Water and Wastewater
6.2.8 Food and Beverage
6.2.9 Railway Vehicles
6.2.10 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pin Coupling 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 Pin Coupling 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 Pin Coupling Analysis and Forecast
9.1 Introduction
9.2 North America Pin Coupling 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 Pin Coupling Market Size Forecast by Type
9.6.1 Grey Cast Iron(GG)
9.6.2 Steel
9.6.3 Copper
9.6.4 Aluminum
9.6.5 Others
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 Pin Coupling Market Size Forecast by Applications
9.10.1 Mining and Cement
9.10.2 Steel Production
9.10.3 Oil and gas
9.10.4 Power Generation
9.10.5 Chemicals and Pharmaceuticals
9.10.6 Pulp and Paper
9.10.7 Water and Wastewater
9.10.8 Food and Beverage
9.10.9 Railway Vehicles
9.10.10 Others
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 Pin Coupling Analysis and Forecast
10.1 Introduction
10.2 Europe Pin Coupling 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 Pin Coupling Market Size Forecast by Type
10.6.1 Grey Cast Iron(GG)
10.6.2 Steel
10.6.3 Copper
10.6.4 Aluminum
10.6.5 Others
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 Pin Coupling Market Size Forecast by Applications
10.10.1 Mining and Cement
10.10.2 Steel Production
10.10.3 Oil and gas
10.10.4 Power Generation
10.10.5 Chemicals and Pharmaceuticals
10.10.6 Pulp and Paper
10.10.7 Water and Wastewater
10.10.8 Food and Beverage
10.10.9 Railway Vehicles
10.10.10 Others
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 Pin Coupling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pin Coupling 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 Pin Coupling Market Size Forecast by Type
11.6.1 Grey Cast Iron(GG)
11.6.2 Steel
11.6.3 Copper
11.6.4 Aluminum
11.6.5 Others
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 Pin Coupling Market Size Forecast by Applications
11.10.1 Mining and Cement
11.10.2 Steel Production
11.10.3 Oil and gas
11.10.4 Power Generation
11.10.5 Chemicals and Pharmaceuticals
11.10.6 Pulp and Paper
11.10.7 Water and Wastewater
11.10.8 Food and Beverage
11.10.9 Railway Vehicles
11.10.10 Others
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 Pin Coupling Analysis and Forecast
12.1 Introduction
12.2 Latin America Pin Coupling 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 Pin Coupling Market Size Forecast by Type
12.6.1 Grey Cast Iron(GG)
12.6.2 Steel
12.6.3 Copper
12.6.4 Aluminum
12.6.5 Others
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 Pin Coupling Market Size Forecast by Applications
12.10.1 Mining and Cement
12.10.2 Steel Production
12.10.3 Oil and gas
12.10.4 Power Generation
12.10.5 Chemicals and Pharmaceuticals
12.10.6 Pulp and Paper
12.10.7 Water and Wastewater
12.10.8 Food and Beverage
12.10.9 Railway Vehicles
12.10.10 Others
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) Pin Coupling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pin Coupling 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) Pin Coupling Market Size Forecast by Type
13.6.1 Grey Cast Iron(GG)
13.6.2 Steel
13.6.3 Copper
13.6.4 Aluminum
13.6.5 Others
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) Pin Coupling Market Size Forecast by Applications
13.10.1 Mining and Cement
13.10.2 Steel Production
13.10.3 Oil and gas
13.10.4 Power Generation
13.10.5 Chemicals and Pharmaceuticals
13.10.6 Pulp and Paper
13.10.7 Water and Wastewater
13.10.8 Food and Beverage
13.10.9 Railway Vehicles
13.10.10 Others
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 Pin Coupling Market: Competitive Dashboard
14.2 Global Pin Coupling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens (Flender)
14.3.2 Anvil International
14.3.3 Fernco
14.3.4 Radicon
14.3.5 ATRA-FLEX
14.3.6 KTR
14.3.7 Naismith Engineering
14.3.8 Regal Beloit
14.3.9 Valveco
14.3.10 PuraNova Automation
14.3.11 LORD Corp
14.3.12 Benzlers
14.3.13 Voith
14.3.14 Altra Industrial Motion
14.3.15 Renold
