The analysts forecast global couplings market to grow at a CAGR of 2.3% during the period 2016-2020.
Couplings are used to connect two shafts together at their ends for transmitting power. Couplings find a wide range of applications in end-user industries such as oil and gas, steel and rolling mill, pulp and paper, wood manufacturing, mining, and general manufacturing. These devices play a crucial role in:
- Connecting shafts of units that are manufactured separately
- Providing mechanical flexibility to operations by misalignment of shafts
- Reducing transmission of shocks from one shaft to another
- Providing protection against electrical shock
- Changing vibration characteristics of rotating units
- Transferring power from one end to another
This report covers the present scenario and the growth prospects of the global couplings market for the period 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of couplings to the end-users for various applications.
The market is divided into the following segments based on geography:
The report, Global Couplings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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- Altra Industrial Motion
Other prominent vendors
- Daido Precision Industries
- Industrial Clutch Parts
- John Crane
- KTR Kupplungstechnik
- Voith Turbo
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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