Press release
Fluid Couplings Market SWOT Analysis by Key Players: Siemens, ABB, Voith, Altra Industrial Motion, Rexnord, Transfluid, KTR Systems
Fluid couplings are a type of hydraulic coupling that uses water or oil for the transmission of power/torque through shafts. These devices provide controlled start-up and reduce shock loads during the power transmission process.The oil and gas industry was the major end-user to the fluid couplings market. Factors such as the increasing usage of fluid couplings to transmit power and pump out shafts to the input shafts of turbines during hydrodynamic transmissions will contribute to the growth of the market in this end-user segment.
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This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the fluid couplings market throughout the forecast period. The strong presence of oil and gas and power plant industries in this region and the rise in installations of fluid couplings in the mining industry for high-pressure applications such as the extraction of minerals, will drive the growth of the fluid couplings market in this region.
The global Fluid Couplings market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
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This report studies the Fluid Couplings market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fluid Couplings in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Siemens
ABB
Voith
Altra Industrial Motion
Rexnord
Transfluid
KTR Systems
Fluid Hose & Coupling
Ningbo Par Micro Fluid Technology
By the product type, the market is primarily split into
Common Type
Torque Limiting Type
Speed Regulation Type
By the end users/application, this report covers the following segments
Oil and Gas Industry
Metals and Mining Industry
Chemicals Industry
Power Plants
Other
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