Global Industrial Coupling Market Growth 2023-2029

Global Industrial Coupling Market Growth 2023-2029

Industrial coupling is a component that connects two shafts axially and transmits torque and motion. It has a certain ability to compensate for the deviation of the two shafts. In order to reduce the vibration of the mechanical transmission system and reduce the impact peak load, the coupling should also have Certain cushioning and shock absorption performance. The coupling sometimes also has an overload safety protection function.
LPI (LP Information)' newest research report, the “Industrial Coupling Industry Forecast” looks at past sales and reviews total world Industrial Coupling sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Coupling sales for 2023 through 2029. With Industrial Coupling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Coupling industry.
This Insight Report provides a comprehensive analysis of the global Industrial Coupling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Coupling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Coupling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Coupling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Coupling.
The global Industrial Coupling market size is projected to grow from US$ 19170 million in 2022 to US$ 25490 million in 2029; it is expected to grow at a CAGR of 25490 from 2023 to 2029.
Global Industrial Coupling key players include Rexnord Corporation, Renold, Martin, KTR Systems, Lovejoy, etc.
In terms of product, Snake Spring Coupling is the largest segment, with a share over 25%. And in terms of application, the largest application is Oil and Gas, followed by Food Processing, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Coupling market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Snake Spring Coupling
Gear Coupling
Tire Coupling
Diaphragm Coupling
Segmentation by application
Electricity
Metallurgy
Mining Industry
Oil and Gas
Food Processing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Taier
Wuxi Driveshafts
WHZT
Wing Star
JNG Technology
Shenke
Huashuo
Zhenjiang Suoda Coupling
Boya
Cpt
Maigena
Rexnord Corporation
Renold
Martin
KTR Systems
Lovejoy

Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Coupling market?
What factors are driving Industrial Coupling market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Coupling market opportunities vary by end market size?
How does Industrial Coupling break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.