Press release
Couplings Market by Industry Analysis 2018 and Forecast to 2023 by Type, Region and Top Companies: Siemens, Voith Turbo, SKF, Regal Beloit, ABB, Altra Industrial Motion
Coupling is a device used to connect two shafts together at their ends for the purpose of transmitting power. Couplings do not normally allow disconnection of shafts during operation, however there are torque limiting couplings which can slip or disconnect when some torque limit is exceeded.
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Key Questions Answered in this Report
• What will the market size be in 2023 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?
The Coupling is Very fragmented, the production of top sixteen manufacturers only account about 10% of global production. The high-end products mainly come from Europe and North America.
In the world wide, the plants of major manufactures mainly distribute in North America and China. The transnational companies, like Siemens and SKF, are the leading manufactures in the World.
The import and export business of this industry is not very frequent. The main reason lies in that the coupling manufactures build factories in the main consumption countries.
Over the next five years Couplings will register a 0.5% CAGR in terms of revenue, reach US$ 25500 million by 2023, from US$ 24800 million in 2017.
The Key Players Covered in this report:
• Siemens
• Voith Turbo
• SKF
• Regal Beloit
• ABB
• Altra Industrial Motion and More....
Segmentation by product type:
• Non-shifting Type
• Shifting Type
• Hydrodynamic Type
• Magnetic Type
Segmentation by application:
• Power Generation
• Mining
• Papermaking
• Others
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Research objectives
• To understand the structure of Couplings market by identifying its various subsegments.
• Focuses on the key global Couplings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Couplings with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). and More…
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