Press release
Couplings Market 2016 to grow at a CAGR of 2.3% during the period to 2020
About CouplingsCouplings 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
Global couplings market to grow at a CAGR of 2.3% during the period 2016-2020.
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Covered in this report
The 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:
• Americas
• APAC
• EMEA
Global Couplings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.
Key vendors
• Altra Industrial Motion
• Kop-Flex
• Lovejoy
• Rexnord
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Other prominent vendors
• Colossus
• Daido Precision Industries
• Industrial Clutch Parts
• John Crane
• KTR Kupplungstechnik
• Mayr
• Siemens
• Voith Turbo
Market driver
• Growth in wind power capacity
• For a full, detailed list, view our report
Market challenge
• Fluctuations in raw material prices
• For a full, detailed list, view our report
Market trend
• Growing applications of 3D printing
• For a full, detailed list, view our report
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