Global Power Transmission Beam Couplings Market Growth 2024-2030

Global Power Transmission Beam Couplings Market Growth 2024-2030

Power transmission beam coupling is a flexible coupling for transmitting torque between two shafts while allowing for angular misalignment, parallel offset and even axial motion, of one shaft relative to the other.

The global Power Transmission Beam Couplings market size is projected to grow from US$ 1001.7 million in 2023 to US$ 1285.8 million in 2030; it is expected to grow at a CAGR of 3.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Power Transmission Beam Couplings Industry Forecast” looks at past sales and reviews total world Power Transmission Beam Couplings sales in 2023, providing a comprehensive analysis by region and market sector of projected Power Transmission Beam Couplings sales for 2024 through 2030. With Power Transmission Beam Couplings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Transmission Beam Couplings industry.

This Insight Report provides a comprehensive analysis of the global Power Transmission Beam Couplings 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 Power Transmission Beam Couplings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Transmission Beam Couplings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Transmission Beam Couplings 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 Power Transmission Beam Couplings.

The rapidly growing automotive industry is driving coupling sales. There is a growing demand for electric vehicles owing to the increase in freight, transportation, and construction operations across the globe. Demand for electric vehicles is expected to increase by 2033 due to stringent pollution, electrification and alternative energy regulations, and the advent of autonomous vehicles. Elastomeric couplings provide beneficial operating characteristics, including high displacement tolerance and vibration damping. According to user needs, elastic couplings also provide specific design options for special applications. It has been proven that elastic couplings have a longer service life than conventional couplings. Industrial and automotive manufacturers require production equipment that requires flexible couplings to be installed as key components in gearboxes and conveyor units. Rapid development of the industrial sector and increasing production of automobiles in low-income countries is expected to drive sales of elastic couplings. The heavy equipment industry has a higher demand for elastic couplings because they can effectively isolate high-frequency noise between the engine and downstream components. The widespread use of elastic couplings in power transmission in industrial machinery such as compressors, conveyors, pumps, blowers, and mixers further drives the demand for elastic couplings. The development of couplings with a wide range of torsional stiffness and high torque transmission capabilities has also aided their sales.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Transmission Beam Couplings market by product type, application, key manufacturers and key regions and countries.

Segmentation by type


Mechanical Element Flexible Shaft Couplings

Elastomeric Element Couplings

Metallic Membrane/Disc Type Couplings
Segmentation by application


Compressors

Generators

Pumps

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.


Rexnord

Centa

Seimens

Transfluid

Fluidomat

Turbo Start

Falk

Elecon

TransDrive

Thompson

Stromag

Vulkan

Voith

Westcar

All Power

SKF

JBJ Techniques

System Components

John Crane
Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Transmission Beam Couplings market?

What factors are driving Power Transmission Beam Couplings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Power Transmission Beam Couplings market opportunities vary by end market size?

How does Power Transmission Beam Couplings break out type, application?


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