Market Overview:
The Global Industrial Electromagnetic Multi-Disc Clutch Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and rising industrial automation across the globe. Based on type, the global industrial electromagnetic multi-disc clutch market is segmented into dry type multi-disc electromagnetic clutch and wet multi-disc electromagnetic clutch. The dry type multi-disc electromagnetic clutch segment is projected to grow at a higher CAGR than the wet typemulti- disc electromagnetictype duringthe forecast period from 2018to 2030 owingto its advantages such as low maintenance cost, high efficiency, and easy installation.
Product Definition:
An industrial electromagnetic multi-disc clutch is a device that uses electromagnetic force to connect and disconnect two or more rotating discs. This device is used in many industrial applications where large amounts of power need to be transferred quickly and smoothly. The importance of an industrial electromagnetic multi-disc clutch lies in its ability to provide a high level of torque while also being able to handle large amounts of power.
Dry Type Multi-Disc Electromagnetic Clutch:
Dry type multi-disc electromagnetic clutch is a device used in industrial applications to convert electric energy into magnetic energy. It's major application areas include power transmission, power distribution, and switching devices among others. The dry type multi-disc electromagnetic clutch has the ability to handle high torque density with low speed fluctuations which makes it suitable for heavy industrial applications such as electric motors and machine tools among others.
Wet Multi-Disc Electromagnetic Clutch:
The Wet multi-disc electromagnetic clutch is a device used to decrease the speed of a rotating machine when the engine load increases. It's main applications are in heavy equipment, such as construction machinery and mining vehicles.
Wet multi-disc electromagnetic clutch works by using oil as a medium to transfer torque from one disc to another through friction on the discs. The system uses centrifugal force for power transmission between two discs, which are mounted separated by an open hydraulic circuit.
Application Insights:
The construction application segment led the global market and accounted for more than a 25% share of the overall revenue in 2017. The growth can be attributed to increasing urbanization, which has resulted in an increased demand for construction equipment. Furthermore, rapid industrialization in developing countries such as India and China is expected to drive the demand further.
The machine tools segment is anticipated to register a significant CAGR over the forecast period owing to technological advancements that have boosted production capacities several times over during past decades. For instance, from 1990 till 2010; Chinese manufacturers witnessed an increase of 1350% in production capacity while those of European countries only witnessed an increase of around 100%. This factor is projected to boost product adoption across various industries worldwide thereby contributing toward regional industry growth on a positive note soon enough.
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 rapid industrialization, which has led to an increasing adoption of multi-disc electromagnetic clutches. This can be attributed to factors such as low manufacturing cost coupled with high availability of labor and raw materials in this region. Moreover, increasing investments by foreign players are anticipated to boost demand for these clutches over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient and reliable equipment
- Growing automotive industry
- Rising industrial automation across various sectors
- Proliferation of electric vehicles
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Electromagnetic Multi-Disc Clutch Market Research Report
By Type
Dry Type Multi-Disc Electromagnetic Clutch, Wet Multi-Disc Electromagnetic Clutch
By Application
Construction, Machine Tools, Ships, Others
By Companies
Wichita Clutch, Pethe, GOLDEN Precision Products Pvt Ltd, Altra Motion, Jyoti Ganga Magpower Systems, Magna Core, Fumo, Shree Engineers, Pneuflex Inc., Ortlinghaus, BONDIOLI?PAVESI, Changchun Yidong, Guilin Fuda Group, Hubei Sanhuan Automobile Investment
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Electromagnetic Multi-Disc Clutch Market Report Segments:
The global Industrial Electromagnetic Multi-Disc Clutch market is segmented on the basis of:
Types
Dry Type Multi-Disc Electromagnetic Clutch, Wet Multi-Disc Electromagnetic Clutch
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
Construction, Machine Tools, Ships, 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:
- Wichita Clutch
- Pethe
- GOLDEN Precision Products Pvt Ltd
- Altra Motion
- Jyoti Ganga Magpower Systems
- Magna Core
- Fumo
- Shree Engineers
- Pneuflex Inc.
- Ortlinghaus
- BONDIOLI?PAVESI
- Changchun Yidong
- Guilin Fuda Group
- Hubei Sanhuan Automobile Investment
Highlights of The Industrial Electromagnetic Multi-Disc Clutch 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:
- Dry Type Multi-Disc Electromagnetic Clutch
- Wet Multi-Disc Electromagnetic Clutch
- By Application:
- Construction
- Machine Tools
- Ships
- 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 Industrial Electromagnetic Multi-Disc Clutch 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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- 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?
Industrial Electromagnetic Multi-Disc Clutch is a type of clutch that uses electromagnetic forces to engage and disengage the clutch plates. This technology is more efficient and faster than traditional mechanical clutches, which can result in reduced fuel consumption.
Some of the major companies in the industrial electromagnetic multi-disc clutch market are Wichita Clutch, Pethe, GOLDEN Precision Products Pvt Ltd, Altra Motion, Jyoti Ganga Magpower Systems, Magna Core, Fumo, Shree Engineers, Pneuflex Inc., Ortlinghaus, BONDIOLI?PAVESI, Changchun Yidong, Guilin Fuda Group, Hubei Sanhuan Automobile Investment.
The industrial electromagnetic multi-disc clutch market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Electromagnetic Multi-Disc Clutch 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. Industrial Electromagnetic Multi-Disc Clutch Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Electromagnetic Multi-Disc Clutch Market - Supply Chain
4.5. Global Industrial Electromagnetic Multi-Disc Clutch Market Forecast
4.5.1. Industrial Electromagnetic Multi-Disc Clutch Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Electromagnetic Multi-Disc Clutch Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Electromagnetic Multi-Disc Clutch Market Absolute $ Opportunity
5. Global Industrial Electromagnetic Multi-Disc Clutch 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. Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Type
5.3.1. Dry Type Multi-Disc Electromagnetic Clutch
5.3.2. Wet Multi-Disc Electromagnetic Clutch
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Electromagnetic Multi-Disc Clutch 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. Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Machine Tools
6.3.3. Ships
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Electromagnetic Multi-Disc Clutch 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. Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch 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. Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch Demand Share Forecast, 2019-2026
9. North America Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Machine Tools
9.4.3. Ships
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Type
9.7.1. Dry Type Multi-Disc Electromagnetic Clutch
9.7.2. Wet Multi-Disc Electromagnetic Clutch
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 Industrial Electromagnetic Multi-Disc Clutch Demand Share Forecast, 2019-2026
10. Latin America Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Machine Tools
10.4.3. Ships
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Type
10.7.1. Dry Type Multi-Disc Electromagnetic Clutch
10.7.2. Wet Multi-Disc Electromagnetic Clutch
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 Industrial Electromagnetic Multi-Disc Clutch Demand Share Forecast, 2019-2026
11. Europe Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Machine Tools
11.4.3. Ships
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Type
11.7.1. Dry Type Multi-Disc Electromagnetic Clutch
11.7.2. Wet Multi-Disc Electromagnetic Clutch
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 Industrial Electromagnetic Multi-Disc Clutch Demand Share, 2019-2026
12. Asia Pacific Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Machine Tools
12.4.3. Ships
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Type
12.7.1. Dry Type Multi-Disc Electromagnetic Clutch
12.7.2. Wet Multi-Disc Electromagnetic Clutch
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 Industrial Electromagnetic Multi-Disc Clutch Demand Share, 2019-2026
13. Middle East & Africa Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch 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 Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Machine Tools
13.4.3. Ships
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Electromagnetic Multi-Disc Clutch Market Size and Volume Forecast by Type
13.7.1. Dry Type Multi-Disc Electromagnetic Clutch
13.7.2. Wet Multi-Disc Electromagnetic Clutch
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 Industrial Electromagnetic Multi-Disc Clutch Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Electromagnetic Multi-Disc Clutch Market: Market Share Analysis
14.2. Industrial Electromagnetic Multi-Disc Clutch Distributors and Customers
14.3. Industrial Electromagnetic Multi-Disc Clutch Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wichita Clutch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pethe
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GOLDEN Precision Products Pvt Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Altra Motion
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jyoti Ganga Magpower Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Magna Core
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fumo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shree Engineers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pneuflex Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ortlinghaus
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BONDIOLI?PAVESI
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Changchun Yidong
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Guilin Fuda Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hubei Sanhuan Automobile Investment
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook