Market Overview:
The global torque limiting couplings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for torque limiting couplings from various end-use industries, such as mining, energy, and others. In addition, the growing awareness about safety among workers is also propelling the demand for torque limiting couplings in various regions across the globe. Based on type, the global torque limiting couplings market can be segmented into torque limiter couplings and roller chain type coupling. Torque limiter coupling is a type of mechanical device that limits or prevents excessive rotational force on an object by transferring it through a linkage system to another object that has been designed to withstand high levels of stress or shock loading without damage or failure.
Product Definition:
A torque limiting coupling is a device that connects two shafts and limits the amount of torque that can be transmitted between them. This is important in applications where too much torque could cause damage or injury. Torque limiting couplings are often used in equipment such as power tools, medical devices, and vehicles.
Torque Limiter Couplings:
The torque limiter coupling is a mechanical device used to limit the torque applied to a particular section of machinery. It does this by converting rotary motion into linear one, thus limiting the speed of operation. Torque limiter coupling finds its application in various industries such as automotive, construction equipment and material handling equipment among others.
Roller Chain Type Couplings:
Roller chain type couplings are used in torque limiting coupling. Torque is the rotational force and it is applied to any machine or device by means of a rotating member (the roller) which causes friction, thus generating heat. The high temperature generated by the friction can damage various components including bearings, seals and other mechanical parts. Thus, to avoid such damages various manufacturers use torque limiting couplings which limit the maximum torque that a component can withstand without breaking away from its surroundings.
Application Insights:
The others application segment includes construction, agriculture and food processing industries. In the construction industry, torque limiting coupling is used to transmit the rotational force of a motor to a driven device that transfers it through a drive shaft. The coupled constructions are suitable for heavy industrial applications as they limit the maximum torque applied on them without affecting their speed or performance.
In addition, these devices are also used in various other industries including automotive and energy where they are utilized in transmission systems of different types such as gearboxes & transfer cases and power trains among others. These coupled constructions ensure smooth functioning of motors with limited speed reduction due to over-torqueing which may lead to failure or slowdown of machinery operation if proper safety measures are not taken beforehand.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for industrial machinery and energy equipment coupled with rising investments by multinational companies for expanding their business operations globally.
The growing manufacturing sector, especially in China and India, has led to an increase in the production of various types of industrial machinery including compressors, turbines, pumps & valves among others which are majorly used for producing compressed air as well as water jets that propel many types of machines & tools required for mining activities across different industries such as metal mining (ores), oil & gas exploration (petroleum) among others. This factor is anticipated to drive market growth across Asia Pacific during the forecast period.
Europe accounted for more than 20% share both in terms of volume.
Growth Factors:
- Increasing demand for torque limiting couplings in the automotive industry as a result of stringent government regulations for safety and fuel efficiency.
- Growing demand from the construction and mining industries due to the increasing use of heavy-duty equipment.
- Rising popularity of torque limiting couplings in applications such as wind turbines, pumps, and compressors owing to their ability to protect equipment from damage caused by excessive torque loads.
- Technological advancements that have led to the development of more efficient and durable torque limiting couplings products.
- The increasing number of mergers and acquisitions among coupling manufacturers, which is resulting in innovation and technological advancements in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Torque Limiting Couplings Market Research Report
By Type
Torque Limiter Couplings, Roller Chain Type Couplings
By Application
Mining Industry, Engery Industry, Others
By Companies
Voith, NU-Teck Couplings, Rexnord, jbj Techniques, KBK Antriebstechnik, Altra Industrial Motion, Verbindungs- Meß- und Antriebstechnik, Coupling Corporation of America
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 Torque Limiting Couplings Market Report Segments:
The global Torque Limiting Couplings market is segmented on the basis of:
Types
Torque Limiter Couplings, Roller Chain Type Couplings
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 Industry, Engery Industry, 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:
- Voith
- NU-Teck Couplings
- Rexnord
- jbj Techniques
- KBK Antriebstechnik
- Altra Industrial Motion
- Verbindungs- Meß- und Antriebstechnik
- Coupling Corporation of America
Highlights of The Torque Limiting Couplings 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:
- Torque Limiter Couplings
- Roller Chain Type Couplings
- By Application:
- Mining Industry
- Engery Industry
- 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 Torque Limiting 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
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?
Torque limiting couplings are a type of coupling that is used to limit the amount of torque that can be applied to a joint. This is typically done by using a friction clutch or brake.
Some of the major companies in the torque limiting couplings market are Voith, NU-Teck Couplings, Rexnord, jbj Techniques, KBK Antriebstechnik, Altra Industrial Motion, Verbindungs- MeŸ- und Antriebstechnik, Coupling Corporation of America.
The torque limiting 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 Torque Limiting 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 Torque Limiting Couplings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Torque Limiting 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 Torque Limiting 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 Torque Limiting Couplings Market Size & Forecast, 2020-2028
4.5.1 Torque Limiting Couplings Market Size and Y-o-Y Growth
4.5.2 Torque Limiting 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 Torque Limiter Couplings
5.2.2 Roller Chain Type Couplings
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 Mining Industry
6.2.2 Engery Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Torque Limiting 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 Torque Limiting 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 Torque Limiter Couplings
9.6.2 Roller Chain Type Couplings
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 Mining Industry
9.10.2 Engery Industry
9.10.3 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 Torque Limiter Couplings
10.6.2 Roller Chain Type Couplings
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 Mining Industry
10.10.2 Engery Industry
10.10.3 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 Torque Limiter Couplings
11.6.2 Roller Chain Type Couplings
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 Mining Industry
11.10.2 Engery Industry
11.10.3 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 Torque Limiter Couplings
12.6.2 Roller Chain Type Couplings
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 Mining Industry
12.10.2 Engery Industry
12.10.3 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 Torque Limiter Couplings
13.6.2 Roller Chain Type Couplings
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 Mining Industry
13.10.2 Engery Industry
13.10.3 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 Torque Limiting Couplings Market: Competitive Dashboard
14.2 Global Torque Limiting Couplings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Voith
14.3.2 NU-Teck Couplings
14.3.3 Rexnord
14.3.4 jbj Techniques
14.3.5 KBK Antriebstechnik
14.3.6 Altra Industrial Motion
14.3.7 Verbindungs- Meß- und Antriebstechnik
14.3.8 Coupling Corporation of America
