The global shaft coupling market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for shaft couplings in various industries such as oil and gas, mining and minerals, power industry, etc, which are witnessing an increase in their production activities due to the rise in global GDP and population. Flexible couplings are expected to be the fastest-growing segment of this market during the forecast period owing to their low cost and easy installation process. Rigid couplings are also expected to grow at a significant rate due to their high durability and reliability features that make them suitable for use in harsh environments such as offshore drilling rigs or mines with high levels of dust or moisture present.
Some Of The Growth Factors Of This Market:
- The increasing demand for shaft couplings in the global market is a major factor driving the growth of this market.
- The increasing need for shaft couplings in various industries such as automotive, construction, and mining is also driving the growth of this market.
- The growing demand for shaft couplings from emerging economies such as China and India is also a major factor driving the growth of this market.
- Increasing investments by key players in research and development activities to develop new products are also contributing to the growth of this market.
- Increasing use of shaft couplings in various industries such as automotive, construction, and mining are also contributing to the growth of this market.
Industry Growth Insights published a new data on “Shaft Couplings Market”. The research report is titled “Shaft Couplings Market research by Types (Flexible Couplings, Rigid Couplings), By Applications (Oil and Gas Industry, Mining and Minerals Industry, Power Industry, Other), By Players/Companies Altra Industrial Motion, Rexnord, SKF, Timken, Tsubakimoto Chain, Voith, ABB, Cross+Morse, Eriks Corporation, Jakob Antriebstechnik, KTR Systems, Mayr, MecVel, Motion Industries, Nabeya Bi-tech Kaisha (NBK)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shaft Couplings Market Research Report
By Type
Flexible Couplings, Rigid Couplings
By Application
Oil and Gas Industry, Mining and Minerals Industry, Power Industry, Other
By Companies
Altra Industrial Motion, Rexnord, SKF, Timken, Tsubakimoto Chain, Voith, ABB, Cross+Morse, Eriks Corporation, Jakob Antriebstechnik, KTR Systems, Mayr, MecVel, Motion Industries, Nabeya Bi-tech Kaisha (NBK)
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Shaft Couplings Market Report Segments:
The global Shaft Couplings market is segmented on the basis of:
Types
Flexible Couplings, Rigid 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
Oil and Gas Industry, Mining and Minerals Industry, Power Industry, 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:
- Altra Industrial Motion
- Rexnord
- SKF
- Timken
- Tsubakimoto Chain
- Voith
- ABB
- Cross+Morse
- Eriks Corporation
- Jakob Antriebstechnik
- KTR Systems
- Mayr
- MecVel
- Motion Industries
- Nabeya Bi-tech Kaisha (NBK)
Highlights of The 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:
- Flexible Couplings
- Rigid Couplings
- By Application:
- Oil and Gas Industry
- Mining and Minerals Industry
- Power Industry
- 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 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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- 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?
Shaft couplings are a type of coupling that connect the shafts of two or more rotating machines. They allow the machines to rotate together as one unit, and they also provide a means for transferring power between the shafts.
Some of the major companies in the shaft couplings market are Altra Industrial Motion, Rexnord, SKF, Timken, Tsubakimoto Chain, Voith, ABB, Cross+Morse, Eriks Corporation, Jakob Antriebstechnik, KTR Systems, Mayr, MecVel, Motion Industries, Nabeya Bi-tech Kaisha (NBK).
The shaft couplings market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. 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. Shaft Couplings Market - Supply Chain
4.5. Global Shaft Couplings Market Forecast
4.5.1. Shaft Couplings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shaft Couplings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shaft Couplings Market Absolute $ Opportunity
5. Global 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. Shaft Couplings Market Size and Volume Forecast by Type
5.3.1. Flexible Couplings
5.3.2. Rigid Couplings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 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. Shaft Couplings Market Size and Volume Forecast by Application
6.3.1. Oil and Gas Industry
6.3.2. Mining and Minerals Industry
6.3.3. Power Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 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. 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 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. 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 Shaft Couplings Demand Share Forecast, 2019-2026
9. North America 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 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 Shaft Couplings Market Size and Volume Forecast by Application
9.4.1. Oil and Gas Industry
9.4.2. Mining and Minerals Industry
9.4.3. Power Industry
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 Shaft Couplings Market Size and Volume Forecast by Type
9.7.1. Flexible Couplings
9.7.2. Rigid 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 Shaft Couplings Demand Share Forecast, 2019-2026
10. Latin America 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 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 Shaft Couplings Market Size and Volume Forecast by Application
10.4.1. Oil and Gas Industry
10.4.2. Mining and Minerals Industry
10.4.3. Power Industry
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 Shaft Couplings Market Size and Volume Forecast by Type
10.7.1. Flexible Couplings
10.7.2. Rigid 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 Shaft Couplings Demand Share Forecast, 2019-2026
11. Europe 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 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 Shaft Couplings Market Size and Volume Forecast by Application
11.4.1. Oil and Gas Industry
11.4.2. Mining and Minerals Industry
11.4.3. Power Industry
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 Shaft Couplings Market Size and Volume Forecast by Type
11.7.1. Flexible Couplings
11.7.2. Rigid Couplings
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 Shaft Couplings Demand Share, 2019-2026
12. Asia Pacific 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 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 Shaft Couplings Market Size and Volume Forecast by Application
12.4.1. Oil and Gas Industry
12.4.2. Mining and Minerals Industry
12.4.3. Power Industry
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 Shaft Couplings Market Size and Volume Forecast by Type
12.7.1. Flexible Couplings
12.7.2. Rigid 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 Shaft Couplings Demand Share, 2019-2026
13. Middle East & Africa 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 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 Shaft Couplings Market Size and Volume Forecast by Application
13.4.1. Oil and Gas Industry
13.4.2. Mining and Minerals Industry
13.4.3. Power Industry
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 Shaft Couplings Market Size and Volume Forecast by Type
13.7.1. Flexible Couplings
13.7.2. Rigid 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 Shaft Couplings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shaft Couplings Market: Market Share Analysis
14.2. Shaft Couplings Distributors and Customers
14.3. Shaft Couplings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Altra Industrial Motion
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rexnord
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SKF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Timken
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tsubakimoto Chain
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Voith
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ABB
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cross+Morse
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Eriks Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jakob Antriebstechnik
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KTR Systems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mayr
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. MecVel
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Motion Industries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nabeya Bi-tech Kaisha (NBK)
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