Global Flexible Shaft Couplings Market 2024-2028

Global Flexible Shaft Couplings Market 2024-2028

The flexible shaft couplings market is forecasted to grow by USD 198.09 mn during 2023-2028, accelerating at a CAGR of 3% during the forecast period. The report on the flexible shaft couplings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for flexible shaft couplings from high speed and high torque applications, ease and flexibility provided by flexible shaft couplings in operations, and high efficiency of flexible shaft couplings in material handling applications.

Technavio's flexible shaft couplings market is segmented as below:

By Product

• Elastomeric couplings
• Mechanical couplings
• Disc couplings and others

By Application

• Oil and gas industry
• Power plants
• Mining and metal industry
• Others

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the increasing oil and gas pipeline activity as one of the prime reasons driving the flexible shaft couplings market growth during the next few years. Also, advances in coupling technology and decline in metal and mining price will lead to sizable demand in the market.

The report on the flexible shaft couplings market covers the following areas:

• Flexible shaft couplings market sizing
• Flexible shaft couplings market forecast
• Flexible shaft couplings market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flexible shaft couplings market vendors that include AB SKF, ABB Ltd., Altra Industrial Motion Corp., Chr. Mayr GmbH Co. KG, DieQua Corp., EMBRAGATGES I DERIVATS S.A, Flender GmbH, Gates Industrial Corp. Plc, GKN Automotive Ltd., JAKOB Antriebstechnik GmbH, Nabeya Bi tech Kaisha, Parker Hannifin Corp., Ramsey Products Corp., Regal Rexnord Corp., RINGFEDER POWER TRANS­MISSION GMBH, Siemens AG, The Timken Co., Tsubakimoto Europe BV, Voith GmbH and Co. KGaA, and Zero Max Inc.. Also, the flexible shaft couplings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth