Market Overview:
The global spring clutches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for spring clutches in various applications such as packaging machinery, food machinery, vehicle manufacturing, and others. Additionally, the growing industrialization and urbanization are also contributing to the growth of this market.
Product Definition:
A spring clutch is a device used to connect or disconnect power or torque between two shafts. It uses a coil spring to transmit the mechanical power. The importance of Spring Clutches is that they provide an easy means of connecting and disconnecting power, while also being able to handle high torques.
Centrifugal Type:
Centrifugal type spring clutch is a power transmission device used in the automotive industry for various applications. It is also known as centrifugal force or centrifugal clutch, it has two main components namely flywheel and pressure plate. The flywheel stores energy released from brake band friction while the pressure plate applies torque to the shaft via rubber diaphragm.
Disc Type:
The disc type is a device that uses centrifugal force to separate the liquid from the solids. It is mainly used in food processing and waste treatment applications. The increasing use of these devices for separating oil from water, milk & other dairy products, solid wastes, and wastewater has been driving their demand globally. In addition to this growing application scope, rising awareness among consumers regarding food safety coupled with stringent regulations on industrial waste disposal are also expected to drive the market growth over the forecast period.
Application Insights:
The packaging machinery segment dominated the global spring clutches market in 2017. This is attributed to the rising demand for high-quality products from various end-use industries including food, medical and pharmaceutical, personal care and cosmetics. The growth of these industries is also likely to boost product demand over the forecast period.
Packaging machinery was followed by vehicle manufacturing which accounted for a significant share in 2017 owing to increasing production of passenger cars and heavy vehicles across various regions including Asia Pacific and Middle East & Africa on account of growing middle-class population coupled with high consumer spending capacity particularly in emerging economies such as China India Brazil etc has boosted automotive production significantly over the past few years globally which is expected to drive product demand further.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, owing to the presence of several emerging economies such as China and India. The growth can be attributed to increasing industrialization and rising living standards. In addition, growing population in these countries has led to an increase in demand for transportation equipment including spring clutches.
The market in Europe is also expected to witness considerable growth over the forecast period due to rapid technological advancements coupled with high manufacturing volumes of automotive components and machinery parts across major countries such as Germany, France, Italy, UK & Ireland among others. Moreover, presence of a number of large automobile manufacturers will drive product adoption across this region over the forecast period.
In terms of revenue share; Asia Pacific held a significant share owing mainlyto high production volume achieved by centrifugal type spring clutches usedin packaging machinery applications followed by disc type units utilized for food processingmachinery applications (Figure 1).
Growth Factors:
- Increasing demand for clutches in the automotive industry as a result of rising sales of passenger cars and SUVs.
- Growing popularity of clutches as an aftermarket replacement part, especially in North America and Europe.
- Rising demand for lightweight clutches in order to improve fuel efficiency and reduce emissions from vehicles.
- Increasing use of clutches in electric vehicles to transmit power from the motor to the wheels.
- Proliferation of start-ups focused on developing innovative clutch technologies, which is expected to drive innovation and growth in the market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Spring Clutches Market Research Report
By Type
Centrifugal Type, Disc Type, Friction Type
By Application
Packaging Machinery, Food Machinery, Vehicle Manufacturing, Others
By Companies
Crossover Drives, Eaton, Helander Products, Altra, SEPAC, Cross Morse, SUCO, Hilliard, MACH III CLUTCH, NACD, IATCO
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Spring Clutches Market Report Segments:
The global Spring Clutches market is segmented on the basis of:
Types
Centrifugal Type, Disc Type, Friction Type
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
Packaging Machinery, Food Machinery, Vehicle Manufacturing, 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:
- Crossover Drives
- Eaton
- Helander Products
- Altra
- SEPAC
- Cross Morse
- SUCO
- Hilliard
- MACH III CLUTCH
- NACD
- IATCO
Highlights of The Spring Clutches 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:
- Centrifugal Type
- Disc Type
- Friction Type
- By Application:
- Packaging Machinery
- Food Machinery
- Vehicle Manufacturing
- 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 Spring Clutches 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
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- Consumer Insights
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- Product & Brand Management
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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?
Spring Clutches are a type of clutch that is made from two pieces of fabric sewn together. The top piece has a large opening in the middle, and the bottom piece has smaller openings. When you put your hand inside the clutch, it feels like there is not enough space to fit your whole hand.
Some of the key players operating in the spring clutches market are Crossover Drives, Eaton, Helander Products, Altra, SEPAC, Cross Morse, SUCO, Hilliard, MACH III CLUTCH, NACD, IATCO.
The spring clutches 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 Spring Clutches 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 Spring Clutches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spring Clutches 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 Spring Clutches 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 Spring Clutches Market Size & Forecast, 2020-2028
4.5.1 Spring Clutches Market Size and Y-o-Y Growth
4.5.2 Spring Clutches 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 Centrifugal Type
5.2.2 Disc Type
5.2.3 Friction Type
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 Packaging Machinery
6.2.2 Food Machinery
6.2.3 Vehicle Manufacturing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spring Clutches 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 Spring Clutches 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 Centrifugal Type
9.6.2 Disc Type
9.6.3 Friction Type
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 Packaging Machinery
9.10.2 Food Machinery
9.10.3 Vehicle Manufacturing
9.10.4 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 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 Centrifugal Type
10.6.2 Disc Type
10.6.3 Friction Type
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 Packaging Machinery
10.10.2 Food Machinery
10.10.3 Vehicle Manufacturing
10.10.4 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 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 Centrifugal Type
11.6.2 Disc Type
11.6.3 Friction Type
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 Packaging Machinery
11.10.2 Food Machinery
11.10.3 Vehicle Manufacturing
11.10.4 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 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 Centrifugal Type
12.6.2 Disc Type
12.6.3 Friction Type
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 Packaging Machinery
12.10.2 Food Machinery
12.10.3 Vehicle Manufacturing
12.10.4 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) 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 Centrifugal Type
13.6.2 Disc Type
13.6.3 Friction Type
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 Packaging Machinery
13.10.2 Food Machinery
13.10.3 Vehicle Manufacturing
13.10.4 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 Spring Clutches Market: Competitive Dashboard
14.2 Global Spring Clutches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Crossover Drives
14.3.2 Eaton
14.3.3 Helander Products
14.3.4 Altra
14.3.5 SEPAC
14.3.6 Cross Morse
14.3.7 SUCO
14.3.8 Hilliard
14.3.9 MACH III CLUTCH
14.3.10 NACD
14.3.11 IATCO
