Global Flexible Shaft Couplings Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Flexible Shaft Couplings market size was valued at USD 1650.3 million in 2023 and is forecast to a readjusted size of USD 2393.5 million by 2030 with a CAGR of 5.5% during review period.
Flexible shaft couplings are used in applications that require high torque transmission in the oil and gas industry. Non-lubricated coupling types, such as diaphragm, elastomeric, bellow, and disc couplings, are mostly adopted in the oil and gas industry. Flexible shaft couplings provide a combined torque capacity with vibration damping in pump applications in pipelines and oil refineries. This type of flexible shaft coupling can withstand extreme temperatures, pressure, and humidity. As a result, the probability of damages in the equipment is very less, reducing the overall machine life cycle cost.
The oil and gas industry accounted for the major share of the flexible coupling market. Flexible shaft couplings are extensively used in the oil and gas industry for generating high torque transmission. These flexible shaft couplings can endure extreme temperatures, pressure, and humidity and can provide combined torque capacity with vibration damping in pump applications in pipelines and oil refineries.
The Global Info Research report includes an overview of the development of the Flexible Shaft Couplings industry chain, the market status of Oil and Gas Industry (Elastomeric Couplings, Gear Couplings), Power Plants (Elastomeric Couplings, Gear Couplings), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Flexible Shaft Couplings.
Regionally, the report analyzes the Flexible Shaft Couplings markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Flexible Shaft Couplings market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Flexible Shaft Couplings market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Flexible Shaft Couplings industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Elastomeric Couplings, Gear Couplings).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Flexible Shaft Couplings market.
Regional Analysis: The report involves examining the Flexible Shaft Couplings market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Flexible Shaft Couplings market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Flexible Shaft Couplings:
Company Analysis: Report covers individual Flexible Shaft Couplings manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Flexible Shaft Couplings This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Oil and Gas Industry, Power Plants).
Technology Analysis: Report covers specific technologies relevant to Flexible Shaft Couplings. It assesses the current state, advancements, and potential future developments in Flexible Shaft Couplings areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Flexible Shaft Couplings market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Flexible Shaft Couplings market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Elastomeric Couplings
Gear Couplings
Bellow Couplings
Disc Couplings
Other
Market segment by Application
Oil and Gas Industry
Power Plants
Mining and Metal Industry
Other
Major players covered
Altra Industrial Motion
Rexnord
SKF
Timken
Tsubakimoto Chain
Voith
ABB
Siemens
Cross+Morse
DieQua
Eide
Jakob Antriebstechnik
Mayr
Nabeya Bi-tech Kaisha (NBK)
Regal Beloit
Ringfeder Power Transmission
Zero-Max
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Flexible Shaft Couplings product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Flexible Shaft Couplings, with price, sales, revenue and global market share of Flexible Shaft Couplings from 2019 to 2024.
Chapter 3, the Flexible Shaft Couplings competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Flexible Shaft Couplings breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Flexible Shaft Couplings market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Flexible Shaft Couplings.
Chapter 14 and 15, to describe Flexible Shaft Couplings sales channel, distributors, customers, research findings and conclusion.