Market Overview:
The global propeller shaft 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 marine vessels, especially military and civil marine vessels, across the globe. In addition, the increasing adoption of advanced technologies in propeller shaft couplings is also contributing to the growth of this market. Based on type, solid hub couplings are expected to lead the global propeller shaft coupling market during the forecast period from 2018 to 2030. This can be attributed to their high reliability and durability as compared with other types of propeller shaft couplings available in the market. Split hub couplings are expected to be one of fastest-growing types during this period owing their easy installation and removal process as well as low maintenance requirements.
Product Definition:
A propeller shaft coupling is a device that couples two shafts so that they rotate together. The importance of propeller shaft couplings is that they transmit power between the two shafts, and also keep them aligned.
Solid Hub Couplings:
Solid hub couplings are used to connect the propeller shafts in a reciprocating engine-driven vehicle. The coupling consists of an outer race that is pressed into the end of one shaft and an inner race that is pressed into the end of another. There are two types of couplings namely interconnecting type and splined type.
Split Hub Couplings:
The split hub couplings are used in propeller shafts to connect the main shaft and the gearbox. The coupling consists of a female spline that is inserted into a male splined hub, which is then connected with two fasteners.
These couplings are manufactured using high strength steel and have an average life span of around 6-8 years, depending on usage and maintenance.
Application Insights:
The other application segment includes energy, marine and transportation. In terms of revenue, the civil marine segment dominated the global propeller shaft coupling market in 2017 owing to growing demand for waterborne vehicles such as ferries, tugs and barges among others. Moreover, growth in cruise tourism coupled with increasing passenger traffic is expected to drive the demand for new vessels particularly on waterways such as The Mississippi River and The Volga River which will further augment product demand over the forecast period.
Military applications include aircraft carriers among other military ships that require large number of rotary blades for providing thrust directly into a ship's hull via screws or turbines. Propellers are also used on land based vehicles including tanks along with their associated equipment such as armored personnel carriers & infantry fighting vehicles (IFVs).
Regional Analysis:
Asia Pacific dominated the global propeller shaft coupling market in 2017 and is expected to continue its dominance over the forecast period. The growth of marine application in this region can be attributed to increasing demand for recreational boating activities, coupled with growing popularity of water sports and fishing. Increasing number of shipbuilding projects undertaken by China, India, South Korea and Japan are also contributing toward regional market growth. In addition, rising investments made by countries such as Singapore regarding port development are anticipated to fuel product demand in Asia Pacific region over the forecast period.
Europe accounted for a significant share owing to presence of major aircraft manufacturers such as Airbus S.A., Leonardo Helicopters Ltd., AgustaWestland SPA & NASPALIBABboing Boeing Helicopters- all located in Italy who have been at forefront when it comes came military & civil aviation across globe since last few decades.
Growth Factors:
- Increasing demand for propeller shaft couplings from the automotive industry as they are used in different applications such as power steering, air conditioning, and engine cooling systems.
- Growing popularity of electric and hybrid vehicles which require efficient power transmission systems, thereby boosting the demand for propeller shaft couplings.
- Rising investments in research and development activities by key players to develop new and innovative products that can cater to the needs of various end-use industries.
- Rapid expansion of manufacturing facilities across emerging economies due to rising industrialization levels and growing population base.
Scope Of The Report
Report Attributes
Report Details
Report Title
Propeller Shaft Couplings Market Research Report
By Type
Solid Hub Couplings, Split Hub Couplings, Tapered Couplings
By Application
Military Marine, Civil Marine, Other
By Companies
Buck Algonquin, SKF, Vibracoustic, R&D Marine, P&W Marine, Ruland, Volvo Penta, Vulkan, TYMA, MISUMI, Guardian, Zero-Max, Altra Industrial Motion, Rexnord, Timken, Tsubakimoto Chain, Voith, ABB, Siemens, Cross & Morse, DieQua, Eide, Jakob Antriebstechnik, Mayr, Nabeya Bi-tech Kaisha (NBK), Regal Beloit, Ringfeder Power Transmission
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Propeller Shaft Couplings Market Report Segments:
The global Propeller Shaft Couplings market is segmented on the basis of:
Types
Solid Hub Couplings, Split Hub Couplings, Tapered 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
Military Marine, Civil Marine, 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:
- Buck Algonquin
- SKF
- Vibracoustic
- R&D Marine
- P&W Marine
- Ruland
- Volvo Penta
- Vulkan
- TYMA
- MISUMI
- Guardian
- Zero-Max
- Altra Industrial Motion
- Rexnord
- Timken
- Tsubakimoto Chain
- Voith
- ABB
- Siemens
- Cross & Morse
- DieQua
- Eide
- Jakob Antriebstechnik
- Mayr
- Nabeya Bi-tech Kaisha (NBK)
- Regal Beloit
- Ringfeder Power Transmission
Highlights of The Propeller Shaft 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:
- Solid Hub Couplings
- Split Hub Couplings
- Tapered Couplings
- By Application:
- Military Marine
- Civil Marine
- 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 Propeller Shaft 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.
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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?
Propeller shaft couplings are used to connect the propellers of two aircraft.
Some of the key players operating in the propeller shaft couplings market are Buck Algonquin, SKF, Vibracoustic, R&D Marine, P&W Marine, Ruland, Volvo Penta, Vulkan, TYMA, MISUMI, Guardian, Zero-Max, Altra Industrial Motion, Rexnord, Timken, Tsubakimoto Chain, Voith, ABB, Siemens, Cross & Morse, DieQua, Eide, Jakob Antriebstechnik, Mayr, Nabeya Bi-tech Kaisha (NBK), Regal Beloit, Ringfeder Power Transmission.
The propeller shaft 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. Propeller Shaft 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. Propeller Shaft Couplings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Propeller Shaft Couplings Market - Supply Chain
4.5. Global Propeller Shaft Couplings Market Forecast
4.5.1. Propeller Shaft Couplings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Propeller Shaft Couplings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Propeller Shaft Couplings Market Absolute $ Opportunity
5. Global Propeller Shaft 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. Propeller Shaft Couplings Market Size and Volume Forecast by Type
5.3.1. Solid Hub Couplings
5.3.2. Split Hub Couplings
5.3.3. Tapered Couplings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Propeller Shaft 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. Propeller Shaft Couplings Market Size and Volume Forecast by Application
6.3.1. Military Marine
6.3.2. Civil Marine
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Propeller Shaft 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. Propeller Shaft 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 Propeller Shaft 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. Propeller Shaft 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 Propeller Shaft Couplings Demand Share Forecast, 2019-2026
9. North America Propeller Shaft 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 Propeller Shaft 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 Propeller Shaft Couplings Market Size and Volume Forecast by Application
9.4.1. Military Marine
9.4.2. Civil Marine
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Propeller Shaft Couplings Market Size and Volume Forecast by Type
9.7.1. Solid Hub Couplings
9.7.2. Split Hub Couplings
9.7.3. Tapered Couplings
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 Propeller Shaft Couplings Demand Share Forecast, 2019-2026
10. Latin America Propeller Shaft 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 Propeller Shaft 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 Propeller Shaft Couplings Market Size and Volume Forecast by Application
10.4.1. Military Marine
10.4.2. Civil Marine
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Propeller Shaft Couplings Market Size and Volume Forecast by Type
10.7.1. Solid Hub Couplings
10.7.2. Split Hub Couplings
10.7.3. Tapered Couplings
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 Propeller Shaft Couplings Demand Share Forecast, 2019-2026
11. Europe Propeller Shaft 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 Propeller Shaft 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 Propeller Shaft Couplings Market Size and Volume Forecast by Application
11.4.1. Military Marine
11.4.2. Civil Marine
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Propeller Shaft Couplings Market Size and Volume Forecast by Type
11.7.1. Solid Hub Couplings
11.7.2. Split Hub Couplings
11.7.3. Tapered Couplings
1.8. 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 Propeller Shaft Couplings Demand Share, 2019-2026
12. Asia Pacific Propeller Shaft 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 Propeller Shaft 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 Propeller Shaft Couplings Market Size and Volume Forecast by Application
12.4.1. Military Marine
12.4.2. Civil Marine
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Propeller Shaft Couplings Market Size and Volume Forecast by Type
12.7.1. Solid Hub Couplings
12.7.2. Split Hub Couplings
12.7.3. Tapered Couplings
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 Propeller Shaft Couplings Demand Share, 2019-2026
13. Middle East & Africa Propeller Shaft 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 Propeller Shaft 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 Propeller Shaft Couplings Market Size and Volume Forecast by Application
13.4.1. Military Marine
13.4.2. Civil Marine
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Propeller Shaft Couplings Market Size and Volume Forecast by Type
13.7.1. Solid Hub Couplings
13.7.2. Split Hub Couplings
13.7.3. Tapered Couplings
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 Propeller Shaft Couplings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Propeller Shaft Couplings Market: Market Share Analysis
14.2. Propeller Shaft Couplings Distributors and Customers
14.3. Propeller Shaft Couplings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Buck Algonquin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SKF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vibracoustic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. R&D Marine
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. P&W Marine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ruland
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Volvo Penta
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vulkan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TYMA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MISUMI
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Guardian
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zero-Max
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Altra Industrial Motion
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rexnord
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Timken
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tsubakimoto Chain
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Voith
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ABB
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Siemens
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Cross & Morse
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
