Market Overview:
The global highly-elastic coupling 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 highly-elastic couplings in various applications, such as automotive, engine, aerospace and others. Additionally, the growing industrialization and urbanization are also contributing to the growth of this market.
Product Definition:
A coupling between two components is said to be highly elastic if it can deform elastically to accommodate relative motion between the components. This is important in systems where tight tolerances are not possible or where component misalignment may occur, as the elastic coupling will allow for some degree of movement without causing damage or excessive wear.
Spiral Groove Type:
Spiral groove type is a method of imparting a spiraling or rotating motion to engage the coupling nut with the threads of the pipe. It is widely used in highly elastic coupling systems such as hydraulic and pneumatic systems. The spiral grooves are cut into both surfaces of an interference fit joint which allows free movement under applied stress without any risk of leakage, galling, or shear.
Parallel Groove Type:
Parallel grooves are cuts made parallel to the length of a log. The logs are split into rings with evenly spaced cuts, producing what is called a “ Parallel Groove Type”. Highly elastic coupling can be manufactured using parallel groove type wood; however, other types of wood such as Red Oak, White Oak and Poplar can also be used for manufacturing highly elastic couplings.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The high demand for highly- elastic couplings from this industry is attributed to their properties such as low friction coefficient, high thermal expansion, and excellent dimensional stability. These coupled with ease of installation are anticipated to drive their demand in automotive applications over the coming years.
The engine segment held a significant share of the global highly-elastic coupling market in 2017 owing to its growing usage for manufacturing power trains that use various types of transmissions including planetary gearsets and epicyclic gearing systems. Spiraling demand for these coupled products from major manufacturers such as Caterpillar Inc., Deere & Co., etc. is expected fuel growth over the coming years.
Highly-elastic couples find application across a wide range of industries including oil & gas, marine diesel engines, wind turbines generators etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to rapid developments in various industries, especially automotive and aerospace. The demand for high-elasticity coupled was mainly driven by China which accounted for a major share of global production. In 2017, China produced around 5 million vehicles as compared to 3 million vehicles produced in 2016. This scenario is projected to propel the growth of automotive industry in Asia Pacific thereby driving product demand over the forecast period.
Europe also accounted for a significant market share due to large investments made by key players such as Kvaser Ltd., AEG Suede GmbH & Co.
Growth Factors:
- Increasing demand for Highly-Elastic Coupling in the automotive industry to improve fuel efficiency and performance.
- Growing popularity of Highly-Elastic Coupling in aerospace and defense sector due to its high reliability and durability.
- Rising demand from the construction industry for vibration control systems using Highly-Elastic Couplings.
- Increasing use of Highly-Elastic Couplings in medical devices and equipment to reduce noise levels and vibrations caused by them.
Scope Of The Report
Report Attributes
Report Details
Report Title
Highly-Elastic Coupling Market Research Report
By Type
Spiral Groove Type, Parallel Groove Type
By Application
Automotive, Engine, Aerospace, Other
By Companies
Siemens, ABB, REICH-KUPPLUNGEN, Vulkan Group, CENTA, Martin Sprocket, Stromag France, ComInTec, MADLER, Tsubakimoto Chain, Kop-Flex (Emerson Electric), Timken Company, SKF, R+W Coupling, REACH Machinery, Ruland, Rexnord, Baldor (Dodge), Altra Motion (Ameridrive Zurn), American Metric
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Highly-Elastic Coupling Market Report Segments:
The global Highly-Elastic Coupling market is segmented on the basis of:
Types
Spiral Groove Type, Parallel Groove 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
Automotive, Engine, Aerospace, 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:
- Siemens
- ABB
- REICH-KUPPLUNGEN
- Vulkan Group
- CENTA
- Martin Sprocket
- Stromag France
- ComInTec
- MADLER
- Tsubakimoto Chain
- Kop-Flex (Emerson Electric)
- Timken Company
- SKF
- R+W Coupling
- REACH Machinery
- Ruland
- Rexnord
- Baldor (Dodge)
- Altra Motion (Ameridrive Zurn)
- American Metric
Highlights of The Highly-Elastic 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:
- Spiral Groove Type
- Parallel Groove Type
- By Application:
- Automotive
- Engine
- Aerospace
- Other
- 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 Highly-Elastic 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.
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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?
Highly-elastic coupling is a term used in physics and engineering to describe the phenomenon where two or more objects or systems are strongly affected by small changes in their mutual behavior. This can lead to dramatic changes in the system's output, even when only very small adjustments are made to one of the objects.
Some of the major companies in the highly-elastic coupling market are Siemens, ABB, REICH-KUPPLUNGEN, Vulkan Group, CENTA, Martin Sprocket, Stromag France, ComInTec, MADLER, Tsubakimoto Chain, Kop-Flex (Emerson Electric), Timken Company, SKF, R+W Coupling, REACH Machinery, Ruland, Rexnord, Baldor (Dodge), Altra Motion (Ameridrive Zurn), American Metric.
The highly-elastic coupling market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Highly-Elastic Coupling Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Highly-Elastic Coupling Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Highly-Elastic Coupling Market - Supply Chain
4.5. Global Highly-Elastic Coupling Market Forecast
4.5.1. Highly-Elastic Coupling Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Highly-Elastic Coupling Market Size (000 Units) and Y-o-Y Growth
4.5.3. Highly-Elastic Coupling Market Absolute $ Opportunity
5. Global Highly-Elastic Coupling Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Highly-Elastic Coupling Market Size and Volume Forecast by Type
5.3.1. Spiral Groove Type
5.3.2. Parallel Groove Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Highly-Elastic Coupling Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Highly-Elastic Coupling Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Engine
6.3.3. Aerospace
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Highly-Elastic Coupling Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Highly-Elastic Coupling Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Highly-Elastic Coupling Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Highly-Elastic Coupling Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Highly-Elastic Coupling Demand Share Forecast, 2019-2029
9. North America Highly-Elastic Coupling Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Highly-Elastic Coupling Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Highly-Elastic Coupling Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Engine
9.4.3. Aerospace
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Highly-Elastic Coupling Market Size and Volume Forecast by Type
9.7.1. Spiral Groove Type
9.7.2. Parallel Groove Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Highly-Elastic Coupling Demand Share Forecast, 2019-2029
10. Latin America Highly-Elastic Coupling Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Highly-Elastic Coupling Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Highly-Elastic Coupling Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Engine
10.4.3. Aerospace
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Highly-Elastic Coupling Market Size and Volume Forecast by Type
10.7.1. Spiral Groove Type
10.7.2. Parallel Groove Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Highly-Elastic Coupling Demand Share Forecast, 2019-2029
11. Europe Highly-Elastic Coupling Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Highly-Elastic Coupling Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Highly-Elastic Coupling Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Engine
11.4.3. Aerospace
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Highly-Elastic Coupling Market Size and Volume Forecast by Type
11.7.1. Spiral Groove Type
11.7.2. Parallel Groove Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Highly-Elastic Coupling Demand Share, 2019-2029
12. Asia Pacific Highly-Elastic Coupling Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Highly-Elastic Coupling Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Highly-Elastic Coupling Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Engine
12.4.3. Aerospace
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Highly-Elastic Coupling Market Size and Volume Forecast by Type
12.7.1. Spiral Groove Type
12.7.2. Parallel Groove Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Highly-Elastic Coupling Demand Share, 2019-2029
13. Middle East & Africa Highly-Elastic Coupling Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Highly-Elastic Coupling Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Highly-Elastic Coupling Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Engine
13.4.3. Aerospace
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Highly-Elastic Coupling Market Size and Volume Forecast by Type
13.7.1. Spiral Groove Type
13.7.2. Parallel Groove Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Highly-Elastic Coupling Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Highly-Elastic Coupling Market: Market Share Analysis
14.2. Highly-Elastic Coupling Distributors and Customers
14.3. Highly-Elastic Coupling Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. REICH-KUPPLUNGEN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vulkan Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CENTA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Martin Sprocket
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stromag France
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ComInTec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MADLER
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tsubakimoto Chain
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kop-Flex (Emerson Electric)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Timken Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SKF
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. R+W Coupling
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. REACH Machinery
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ruland
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Rexnord
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Baldor (Dodge)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Altra Motion (Ameridrive Zurn)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. American Metric
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
