Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Magnetic Couplings Market by Type (Disc-type Coupling, Synchronous Coupling), By Application (Underwater, Petrochemical, Electronic, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Magnetic Couplings Market by Type (Disc-type Coupling, Synchronous Coupling), By Application (Underwater, Petrochemical, Electronic, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 157290 3300 Machinery & Equipment 377 235 Pages 4.6 (43)

Market Overview:

The global magnetic 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 electric vehicles and the growing need for energy-efficient systems. Magnetic couplings are used in a wide range of applications, such as underwater, petrochemical, electronic, and other applications. The disc-type coupling segment is expected to hold the largest share of the global magnetic couplings market by type during the forecast period from 2018 to 2030. This segment is also projected to grow at a higher CAGR than other segments during this period.

Global Magnetic Couplings Industry Outlook

Product Definition:

A magnetic coupling is a device that couples two rotating shafts together using magnets. The magnets create a rotational force between the shafts, which allows them to rotate together. Magnetic couplings are used to transmit power or motion from one shaft to another without using gears or chains. This makes them ideal for applications where noise or contamination is a concern.

Disc-type Coupling:

Coupling disc-type is a mechanical device used in magnetic couplings. It is also known as coupling hub, it has an internal thread for receiving the fastener and two or more externally threaded portions which are used to couple two or more parts of machinery. The main function of this product is to connect the magnet with the attracting coil in electric motors and generators.

The global market for disc-type coupling was estimated at USD 1,33,000 thousand in 2015.

Synchronous Coupling:

Synchronous coupling is a mechanical device used to connect two rotating shafts or machines. It is also known as clockwise coupling, since it connects the rotation of one shaft to another. Synchronous couplings are widely used in industries such as power generation and automotive where speed and accuracy are crucial.

Application Insights:

The other application segment includes aerospace and defense. The underwater application segment is expected to witness the fastest growth over the forecast period owing to its rising use in oil & gas, marine, wind energy, and power generation industries. The growing offshore oil exploration activities are anticipated to boost product demand in this application sector over the coming years.

Electrical equipment is another major application of magnetic couplings which accounted for a market share of 26% in 2017 on account of their increasing use across various industries such as automotive, consumer electronics, etc.

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 offshore projects in China, India, South Korea, Indonesia and Japan.

The demand for magnetic couplings is likely to grow significantly owing high investments being made by various companies including Siemens AG; Hyundai Heavy Industries Co., Ltd.; Alstom; General Electric; Toshiba Corporation; Samsung C&T Corporation etc.

Growth Factors:

  • Increasing demand from the automotive industry for fuel efficiency and emission control
  • Growing popularity of electric vehicles
  • Rising demand for energy-efficient and compact equipment in industrial applications
  • Proliferation of automation across various industries
  • Technological advancements in magnetic coupling systems

Scope Of The Report

Report Attributes

Report Details

Report Title

Magnetic Couplings Market Research Report

By Type

Disc-type Coupling, Synchronous Coupling

By Application

Underwater, Petrochemical, Electronic, Other

By Companies

EagleBurgmann, ABB, DST, Rexnord, Tridelta, CENTA, Dexter, MagnaDrive, Magnetic Technologies, JBJ, KTR Corporation, Ringfeder Power Transmission, MMC Magnetics, SDP&SI, OEP Couplings

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Magnetic Couplings Market Report Segments:

The global Magnetic Couplings market is segmented on the basis of:


Disc-type Coupling, Synchronous Coupling

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.


Underwater, Petrochemical, Electronic, 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:

  1. EagleBurgmann
  2. ABB
  3. DST
  4. Rexnord
  5. Tridelta
  6. CENTA
  7. Dexter
  8. MagnaDrive
  9. Magnetic Technologies
  10. JBJ
  11. KTR Corporation
  12. Ringfeder Power Transmission
  13. MMC Magnetics
  14. SDP&SI
  15. OEP Couplings

Global Magnetic Couplings Market Overview

Highlights of The Magnetic Couplings Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Disc-type Coupling
    2. Synchronous Coupling
  1. By Application:

    1. Underwater
    2. Petrochemical
    3. Electronic
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Magnetic 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

Global Magnetic Couplings Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Magnetic couplings are a type of interaction between two or more magnetic fields. When two or more magnets are placed close to each other, the fields interact and create a force that can be used to move objects. This force is strongest when the magnets are aligned in a particular direction, which is why they're often used in devices like speakers and hard drives.

Some of the major players in the magnetic couplings market are EagleBurgmann, ABB, DST, Rexnord, Tridelta, CENTA, Dexter, MagnaDrive, Magnetic Technologies, JBJ, KTR Corporation, Ringfeder Power Transmission, MMC Magnetics, SDP&SI, OEP Couplings.

The magnetic couplings 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. Magnetic Couplings 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. Magnetic Couplings Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Magnetic Couplings Market - Supply Chain
   4.5. Global Magnetic Couplings Market Forecast
      4.5.1. Magnetic Couplings Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Magnetic Couplings Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Magnetic Couplings Market Absolute $ Opportunity

5. Global Magnetic Couplings 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. Magnetic Couplings Market Size and Volume Forecast by Type
      5.3.1. Disc-type Coupling
      5.3.2. Synchronous Coupling
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Magnetic Couplings 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. Magnetic Couplings Market Size and Volume Forecast by Application
      6.3.1. Underwater
      6.3.2. Petrochemical
      6.3.3. Electronic
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Magnetic Couplings 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. Magnetic Couplings 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 Magnetic Couplings 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. Magnetic Couplings 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 Magnetic Couplings Demand Share Forecast, 2019-2026

9. North America Magnetic Couplings 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 Magnetic Couplings 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 Magnetic Couplings Market Size and Volume Forecast by Application
      9.4.1. Underwater
      9.4.2. Petrochemical
      9.4.3. Electronic
      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 Magnetic Couplings Market Size and Volume Forecast by Type
      9.7.1. Disc-type Coupling
      9.7.2. Synchronous Coupling
   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 Magnetic Couplings Demand Share Forecast, 2019-2026

10. Latin America Magnetic Couplings 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 Magnetic Couplings 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 Magnetic Couplings Market Size and Volume Forecast by Application
      10.4.1. Underwater
      10.4.2. Petrochemical
      10.4.3. Electronic
      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 Magnetic Couplings Market Size and Volume Forecast by Type
      10.7.1. Disc-type Coupling
      10.7.2. Synchronous Coupling
   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 Magnetic Couplings Demand Share Forecast, 2019-2026

11. Europe Magnetic Couplings 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 Magnetic Couplings 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 Magnetic Couplings Market Size and Volume Forecast by Application
      11.4.1. Underwater
      11.4.2. Petrochemical
      11.4.3. Electronic
      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 Magnetic Couplings Market Size and Volume Forecast by Type
      11.7.1. Disc-type Coupling
      11.7.2. Synchronous Coupling
   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 Magnetic Couplings Demand Share, 2019-2026

12. Asia Pacific Magnetic Couplings 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 Magnetic Couplings 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 Magnetic Couplings Market Size and Volume Forecast by Application
      12.4.1. Underwater
      12.4.2. Petrochemical
      12.4.3. Electronic
      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 Magnetic Couplings Market Size and Volume Forecast by Type
      12.7.1. Disc-type Coupling
      12.7.2. Synchronous Coupling
   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 Magnetic Couplings Demand Share, 2019-2026

13. Middle East & Africa Magnetic Couplings 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 Magnetic Couplings 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 Magnetic Couplings Market Size and Volume Forecast by Application
      13.4.1. Underwater
      13.4.2. Petrochemical
      13.4.3. Electronic
      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 Magnetic Couplings Market Size and Volume Forecast by Type
      13.7.1. Disc-type Coupling
      13.7.2. Synchronous Coupling
   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 Magnetic Couplings Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Magnetic Couplings Market: Market Share Analysis
   14.2. Magnetic Couplings Distributors and Customers
   14.3. Magnetic Couplings Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. EagleBurgmann Overview Financials Developments Strategic Outlook
      14.4.2. ABB Overview Financials Developments Strategic Outlook
      14.4.3. DST Overview Financials Developments Strategic Outlook
      14.4.4. Rexnord Overview Financials Developments Strategic Outlook
      14.4.5. Tridelta Overview Financials Developments Strategic Outlook
      14.4.6. CENTA Overview Financials Developments Strategic Outlook
      14.4.7. Dexter Overview Financials Developments Strategic Outlook
      14.4.8. MagnaDrive Overview Financials Developments Strategic Outlook
      14.4.9. Magnetic Technologies Overview Financials Developments Strategic Outlook
      14.4.10. JBJ Overview Financials Developments Strategic Outlook
      14.4.11. KTR Corporation Overview Financials Developments Strategic Outlook
      14.4.12. Ringfeder Power Transmission Overview Financials Developments Strategic Outlook
      14.4.13. MMC Magnetics Overview Financials Developments Strategic Outlook
      14.4.14. SDP&SI Overview Financials Developments Strategic Outlook
      14.4.15. OEP Couplings Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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