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Industrial Coupling Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

04-09-2024 12:48 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Industrial Coupling Market Size
The global Industrial Coupling revenue was US$ 19600 million in 2022 and is forecast to a readjusted size of US$ 25880 million by 2029 with a CAGR of 4.0% during the forecast period (2023-2029).

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and India Industrial Coupling Market
Industrial coupling is a component that connects two shafts axially and transmits torque and motion. It has a certain ability to compensate for the deviation of the two shafts. In order to reduce the vibration of the mechanical transmission system and reduce the impact peak load, the coupling should also have Certain cushioning and shock absorption performance. The coupling sometimes also has an overload safety protection function.
In India, the Industrial Coupling revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global Industrial Coupling key players include Rexnord Corporation, Renold, Martin, KTR Systems, Lovejoy, etc.
In terms of product, Snake Spring Coupling is the largest segment, with a share over 25%. And in terms of application, the largest application is Oil and Gas, followed by Food Processing, etc.
This report focuses on global and India Industrial Coupling market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Industrial Coupling will continue to grow rapidly in the future.
Global Industrial Coupling Scope and Market Size
Industrial Coupling market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Industrial Coupling market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.
For India market, this report focuses on the Industrial Coupling market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

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https://reports.valuates.com/request/regional/QYRE-Auto-20I16185/Global_and_India_Industrial_Coupling_Market_Report_Forecast_2023_2029

Segment by Type
• Snake Spring Coupling
• Gear Coupling
• Tire Coupling
• Diaphragm Coupling

Segment by Application
• Electricity
• Metallurgy
• Mining Industry
• Oil and Gas
• Food Processing
• Others

By Company
Taier, Wuxi Driveshafts, WHZT, Wing Star, JNG Technology, Shenke, Huashuo, Zhenjiang Suoda Coupling, Boya, Cpt, Maigena, Rexnord Corporation, Renold, Martin, KTR Systems, Lovejoy

View full report
https://reports.valuates.com/market-reports/QYRE-Auto-20I16185/global-and-india-industrial-coupling

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