Global Shaft Couplings Market Growth 2023-2029

Global Shaft Couplings Market Growth 2023-2029

A shaft coupling is a device used to connect two shafts together at their ends for the purpose of transmitting power.

LPI (LP Information)' newest research report, the “Shaft Couplings Industry Forecast” looks at past sales and reviews total world Shaft Couplings sales in 2022, providing a comprehensive analysis by region and market sector of projected Shaft Couplings sales for 2023 through 2029. With Shaft Couplings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shaft Couplings industry.

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

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

The global Shaft Couplings market size is projected to grow from US$ 2 million in 2022 to US$ 2 million in 2029; it is expected to grow at a CAGR of 2 from 2023 to 2029.

During 2017, the flexible couplings market segment accounted for the major shares of the shaft couplings market. Factors such as the high preference for flexible couplings to transmit power to perpheral equipment and its ability to absorb shocks and vibrations, will contribute to the growth of the flexible couplings market segment in the coming years.

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

Market Segmentation:

Segmentation by type
Flexible Couplings
Rigid Couplings

Segmentation by application
Oil and Gas Industry
Mining and Minerals Industry
Power Industry
Other

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.
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)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Shaft Couplings market?

What factors are driving Shaft Couplings market growth, globally and by region?

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

How do Shaft Couplings market opportunities vary by end market size?

How does Shaft Couplings 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.