openPR Logo
Press release

Fluid Couplings Market Estimated to Grow at 4.9% CAGR by 2031 - Persistence Market Research

Fluid Couplings Market Estimated to Grow at 4.9% CAGR by 2031 -

The global fluid couplings market is expected to witness steady growth due to increasing demand across industries such as mining, manufacturing, power generation, and automotive. According to Persistence Market Research, the market is projected to grow at a compound annual growth rate (CAGR) of 4.9%, expanding from US$ 1.7 billion in 2024 to US$ 2.37 billion by 2031. Factors such as industrial automation, rising energy efficiency requirements, and growing investments in infrastructure are driving market expansion.

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐„๐ฆ๐š๐ข๐ฅ ๐ˆ๐ƒ ๐Ÿ๐จ๐ซ ๐š ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž): https://www.persistencemarketresearch.com/samples/34370

Market Overview:

Fluid couplings are essential mechanical devices used to transmit rotational power between shafts while ensuring smooth acceleration and torque regulation. They play a crucial role in various industries, including mining, power generation, cement production, and marine applications. Fluid couplings are widely preferred for their ability to reduce mechanical stress on components, enhance efficiency, and minimize energy losses in high-load applications.

Market Drivers:

1. Growing Demand for Industrial Automation
Industries are increasingly shifting toward automation and smart manufacturing, leading to higher adoption of fluid couplings in conveyor systems, pumps, and compressors. These devices help optimize energy consumption and improve operational efficiency, making them an integral component in modern industrial settings.

2. Expanding Mining and Construction Activities
The rise in mining and construction projects worldwide, especially in emerging economies, is fueling demand for heavy machinery equipped with fluid couplings. These couplings enable smooth power transmission in high-load applications, reducing wear and tear on mechanical components.

3. Increasing Focus on Energy Efficiency
Governments and industries are emphasizing energy-efficient solutions to reduce carbon footprints. Fluid couplings help in optimizing power transmission, reducing mechanical losses, and improving overall system efficiency, making them an attractive solution in energy-intensive sectors.

4. Growth in Power Generation Sector
Fluid couplings are widely used in thermal, hydro, and wind power plants to control torque transmission in turbines and generators. The global transition toward cleaner energy sources is expected to drive the need for advanced coupling systems in renewable energy projects.

Market Segmentation:

1. By Type:
โ€ข Constant-fill Fluid Couplings: Commonly used in conveyor belts, fans, and blowers for smooth power transmission.
โ€ข Variable-fill Fluid Couplings: Preferred in applications requiring adjustable torque transmission, such as pumps and compressors.

2. By Application:
โ€ข Mining & Material Handling: Utilized in conveyor belts, crushers, and heavy-duty mining equipment.
โ€ข Power Generation: Deployed in turbines, generators, and cooling systems in thermal and renewable energy plants.
โ€ข Automotive & Transportation: Used in railway locomotives, commercial vehicles, and industrial drives.
โ€ข Cement & Manufacturing: Helps in driving machinery used in cement production and general manufacturing.
โ€ข Marine & Oil & Gas: Provides smooth power transmission in offshore drilling, marine propulsion systems, and oil rigs.

3. By Region:
โ€ข North America: Technological advancements and industrial automation drive demand in the U.S. and Canada.
โ€ข Europe: Increasing focus on energy efficiency and stringent environmental regulations propel market growth.
โ€ข Asia Pacific: Rapid industrialization and infrastructure development in China, India, and Japan boost demand.
โ€ข Middle East & Africa: Expanding mining and oil & gas activities contribute to market expansion.
โ€ข Latin America: Growth in construction and energy sectors supports increasing adoption of fluid couplings.

Competitive Landscape:

The fluid couplings market is highly competitive, with key players focusing on product innovation, mergers, and collaborations to strengthen their market position. Leading companies include:

โ€ข Voith Group
โ€ข Siemens AG
โ€ข Rexnord Corporation
โ€ข Altra Industrial Motion Corp.
โ€ข Flender GmbH
โ€ข KTR Systems GmbH

These companies are investing in research and development to introduce more efficient and environmentally friendly fluid coupling solutions.

Market Outlook:

The fluid couplings market is set to grow steadily, reaching US$ 2.37 billion by 2031. With increasing industrial automation, rising energy efficiency requirements, and growing demand from sectors like mining and power generation, the market outlook remains positive. Companies investing in technological advancements and sustainable solutions will gain a competitive edge in the coming years.

Conclusion:

The global fluid couplings market is expanding due to its critical role in various industrial applications, offering enhanced power transmission efficiency, reduced mechanical stress, and improved energy management. As industries continue to evolve toward automation and sustainability, fluid couplings will remain an integral component in industrial machinery and infrastructure projects worldwide.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  "๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐€๐ซ๐ญ๐ข๐œ๐ฅ๐ž":

โ€ข https://www.linkedin.com/pulse/liver-cirrhosis-treatment-market-rising-demand-aishwarya-doiphode-q2s6f/

โ€ข https://www.linkedin.com/pulse/hydrogel-based-drug-delivery-market-key-applications-doiphode-5mg8f/

โ€ข https://www.linkedin.com/pulse/meniscus-repair-systems-market-impact-aging-population-zrfjf/

โ€ข https://www.linkedin.com/pulse/innovations-dental-radiology-equipment-driving-xryzf/

โ€ข https://www.linkedin.com/pulse/iron-deficiency-anemia-therapy-market-treatment-aishwarya-doiphode-kjgef/

โ€ข https://www.linkedin.com/pulse/innovations-enteral-feeding-devices-shaping-future-aishwarya-doiphode-5ourf/

โ€ข https://www.linkedin.com/pulse/rising-demand-cosmetic-dentistry-treatments-market-growth-doiphode-uakuf/

โ€ข https://www.linkedin.com/pulse/dry-eye-disease-treatment-devices-market-advances-device-doiphode-xcbgf/

โ€ข https://www.linkedin.com/pulse/preclinical-imaging-market-analysis-region-aishwarya-doiphode-psz1f/

โ€ข https://www.linkedin.com/pulse/digestion-resistant-maltodextrin-market-innovations-c5gvf/

โ€ข https://www.linkedin.com/pulse/menstrual-pain-relief-devices-market-key-innovations-product-mypwf/

๐€๐›๐จ๐ฎ๐ญ ๐๐ž๐ซ๐ฌ๐ข๐ฌ๐ญ๐ž๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

Contact Us:

Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fluid Couplings Market Estimated to Grow at 4.9% CAGR by 2031 - Persistence Market Research here

News-ID: 3843510 • Views: โ€ฆ

More Releases from Persistence Market Research

Neuroendocrine Carcinoma Treatment Market Growth Driven by Novel Therapies, Says Persistence Market Research
Neuroendocrine Carcinoma Treatment Market Growth Driven by Novel Therapies, Says โ€ฆ
Neuroendocrine carcinoma (NEC) is a rare and complex cancer that arises from neuroendocrine cells, which are spread across various organs in the body, including the gastrointestinal tract, pancreas, and lungs. As a result, the treatment landscape for NEC is multifaceted, involving a range of therapeutic modalities including surgery, chemotherapy, targeted therapy, immunotherapy, and radioligand therapy. The global market for neuroendocrine carcinoma treatment has seen significant growth over the past decade,โ€ฆ
Libya Baby Diapers and Wipes Market Set to Reach US$ 392.2 Mn by 2033 Says Persistence Market Research.
Libya Baby Diapers and Wipes Market Set to Reach US$ 392.2 Mn by 2033 Says Persi โ€ฆ
The Libya baby diapers and wipes market is projected to expand at a 4.5% compound annual growth rate (CAGR) from 2023 to 2033, reaching an estimated value of US$ 392.2 million by 2033. The market was valued at US$ 242.9 million at the end of 2022. Request a Sample: https://www.persistencemarketresearch.com/samples/33030 Key Market Drivers Several factors are underpinning the growth in the Libyan market for baby diapers and wipes: โ€ข Growing awareness of infant hygiene: Asโ€ฆ
Foodservice Packaging Market Worth 522.4 Billion by 2032 - Persistence Market Research
Foodservice Packaging Market Worth 522.4 Billion by 2032 - Persistence Market Re โ€ฆ
The foodservice packaging market is undergoing significant transformation, driven by evolving consumer preferences, technological innovations, and rising sustainability demands. Foodservice packaging encompasses a wide range of products including containers, trays, cups, lids, bags, and cutlery used across quick-service restaurants, full-service dining, catering, and delivery platforms. Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.persistencemarketresearch.com/samples/22354 As global food consumption habits shift toward convenience and on-the-goโ€ฆ
BOPP for Labels Market to Reach US$ 31.2 Billion by 2032 with 6.1% CAGR, Reports Persistence Market Research
BOPP for Labels Market to Reach US$ 31.2 Billion by 2032 with 6.1% CAGR, Reports โ€ฆ
The packaging and labelling industry has witnessed significant transformation over the past decade, with brands increasingly seeking materials that are cost-effective, durable, and visually appealing. One material that has gained substantial traction in this context is biaxially oriented polypropylene, commonly known as BOPP. BOPP films are widely recognized for their versatility, excellent printability, and resilience against moisture and chemicals. These characteristics make BOPP an ideal choice for labels across variousโ€ฆ

All 5 Releases


More Releases for Fluid

Hydraulic Fluid Connector Market, Powering Performance Across Fluid Systems and โ€ฆ
Market Overview The Hydraulic Fluid Connector Market is integral to industries reliant on fluid power systems-including agriculture, construction, mining, oil & gas, aerospace, and industrial machinery. These connectors ensure secure, leak-free transmission of hydraulic fluid under extreme pressures and demand high durability to prevent system failures. This growth is underpinned by increased automation, rigorous safety regulations, and the rising adoption of precision fluid conveyance in heavy machinery and mobile hydraulics. Getโ€ฆ
Volatile Silicone Fluid Market
The "Volatile Silicone Fluid Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.ย  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Volatile Silicone Fluid Market, 2024-2031 Verified Market Research's most recent report, "Volatile Silicone Fluid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," providesโ€ฆ
Fluid Power Equipment Market Is Booming Worldwide | Kent Fluid Power, Eaton, Flu โ€ฆ
Advance Market Analytics added research publication document on Worldwide Fluid Power Equipment Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Fluid Power Equipment market. The study provides valuable market size data for historical (Volume** & Value) from 2019 to 2023 which is estimated and forecasted tillโ€ฆ
Fluid Mechanics Analysis Software Market Comprehensive Solutions for Fluid Flow โ€ฆ
Global Fluid Mechanics Analysis Software Market Overview: The Fluid Mechanics Analysis Software market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others. In recent years, the Fluid Mechanics Analysis Software market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, andโ€ฆ
Fluid Delivery Innovation: Exploring the Growing Medical Fluid Bag Market
The medical fluid bag market refers to the industry that produces and sells bags that are used to hold and transport fluids in medical settings, such as hospitals and clinics. These bags are typically made from materials that are safe for use with medical fluids and are designed to prevent leaks or contamination. They may be used for a variety of purposes, such as delivering medications or intravenous fluids, collectingโ€ฆ
Fluid Sensors Market : Trends along with the current and future fluid sensors ma โ€ฆ
Fluid Sensors Market by Type (Flow Sensor, Level Sensor), by Technology (Non-contact Sensor, Contact Sensor), by End-user (Automotive, Water and Wastewater, Oil and Gas, Chemical, Food and Beverage, Power and Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030. The global fluid sensors market was valued at $13.2 billion in 2021, and is projected to reach $25.4 billion by 2030, growing at a CAGR of 7.45% from 2022 to 2030. The fluidโ€ฆ