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Global Shaft Couplings Market 2018-2022

Global Shaft Couplings Market 2018-2022

About Shaft Couplings

Shaft couplings are essential to several applications in oil and gas exploration and production activities. In the oil and gas industry, contamination and wear of equipment are very common due to overexposure to dust, moisture, and heavy load applications. This imposes a challenge for transmitting the required amount of power to different equipment used in the industry. Equipment in the industry is susceptible to shaft misalignment, as it is used for heavy-duty applications and work with heavy weights. This concern is addressable with the use of shaft couplings, which compromise for misalignment issues and provide a strong structure to equipment assembly.

Technavio’s analysts forecast the global shaft couplings market to grow at a CAGR of 4.57% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global shaft couplings market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of shaft couplings.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Shaft Couplings Market 2018-2022, 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
  • Rexnord
  • SKF
  • Timken
  • Tsubakimoto Chain
  • Voith
Other prominent vendors
  • ABB
  • ALMA
  • Cross+Morse
  • ERIKS
  • Jakob Antriebstechnik
  • KTR Systems
  • Mayr
  • MecVel
  • Motion Industries
  • NBK
Market driver
  • Increasing focus on generating power from renewables
  • For a full, detailed list, view our report
Market trend
  • Customized couplings to solve mating issues
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Shaft Couplings Market 2018-2022

Technavio recognizes the following companies as the key players in the global shaft couplings market: Altra Industrial Motion, Rexnord, SKF, Timken, Tsubakimoto Chain, and Voith.

Other Prominent Vendors in the market are: ABB, ALMA, Cross+Morse, ERIKS, Jakob Antriebstechnik, KTR Systems, mayr, MecVel, Motion Industries, and NBK.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is customized couplings to solve mating issues. Industrial machines operate at high power due to which they experience high energy transmission. To reduce the friction between shafts and mechanical components, couplings are installed. These couplings are efficient in power transmission, incurring minimal power loss during transmission. However, heavy industrial machinery requires monitoring as it is under continuous operation. Thus, to arrest the issues of shaft mating and friction between the components, advanced couplings are designed. These couplings are customized according to the design and configuration of the industrial machinery. Customization of couplings allows end-users to reduce accidents, which may happen due to frictional heat.”

According to the report, one of the major drivers for this market is increasing focus on generating power from renewables. Energy demand across the world is growing due to factors such as rapid growth of the manufacturing sector, rise in population, industrial growth, and urbanization. Also, rural to urban migration is majorly contributing to the increase in energy demand. Thus, meeting the energy requirement of the global population has become a major challenge for economies across the globe. As a result, end-users have intensified the focus on exploration activities in oil and gas and mining industries so that the energy demand can be fulfilled. However, due to the depletion of natural resources, the focus on generating energy through renewable sources has intensified.

Companies Mentioned

Altra Industrial Motion, Rexnord, SKF, Timken, Tsubakimoto Chain, Voith, ABB, ALMA, Cross+Morse, ERIKS, Jakob Antriebstechnik, KTR Systems, mayr, MecVel, Motion Industries, and NBK.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global industrial mechanical power transmission systems market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global shaft couplings market - Market size and forecast 2017-2022 ($ mn)
      • Table Global shaft couplings market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Global shaft couplings market by product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Global flexible shaft couplings market - Market size and forecast 2017-2022
      • Table Global flexible shaft couplings market- Market size and forecast 2017-2022 ($ mn)
      • Table Global flexible shaft couplings market- Year-over-year growth 2018-2022 (%)
    • Global rigid shaft couplings market - Market size and forecast 2017-2022
      • Table Global rigid shaft couplings market - Market size and forecast 2017-2022 ($ mn)
      • Table Global rigid shaft couplings market - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Global shaft couplings market by end-users - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Oil and gas industry - Market size and forecast 2017-2022
      • Table Oil and gas industry - Market size and forecast 2017-2022 ($ mn)
      • Table Oil and gas industry - Year-over-year growth 2018-2022 (%)
    • Mining and minerals industry - Market size and forecast 2017-2022
      • Table Mining and minerals industry - Market size and forecast 2017-2022 ($ mn)
      • Table Mining and minerals industry - Year-over-year growth 2018-2022 (%)
    • Power industry - Market size and forecast 2017- 2022
      • Table Power industry - Market size and forecast 2017-2022 ($ mn)
      • Table Power industry - Year-over-year growth 2018-2022 (%)
    • Other industries - Market size and forecast 2017- 2022
      • Table Other industries - Market size and forecast 2017-2022 ($ mn)
      • Table Other industries - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global shaft couplings market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table Shaft couplings market in EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Customized couplings to solve mating issues
    • Development of smart couplings with multiple features
    • Lubrication-free couplings
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Altra Industrial Motion
      • Table Vendor overview
      • Table Altra Industrial Motion - Business segments
      • Table Altra Industrial Motion - Organizational developments
      • Table Altra Industrial Motion - Geographic focus
      • Table Altra Industrial Motion - Segment focus
      • Table Altra Industrial Motion - Key offerings
    • Rexnord
      • Table Vendor overview
      • Table Rexnord - Business segments
      • Table Rexnord - Organizational developments
      • Table Rexnord - Geographic focus
      • Table Rexnord - Segment focus
      • Table Rexnord - Key offerings
    • SKF
      • Table Vendor overview
      • Table SKF - Business segments
      • Table SKF - Organizational developments
      • Table SKF - Geographic focus
      • Table SKF - Segment focus
      • Table SKF - Key offerings
    • Timken
      • Table Vendor overview
      • Table Timken - Business segments
      • Table Timken - Organizational developments
      • Table Timken - Geographic focus
      • Table Timken - Segment focus
      • Table Timken - Key offerings
    • Tsubakimoto Chain
      • Table Vendor overview
      • Table Tsubakimoto Chain - Business segments
      • Table Tsubakimoto Chain - Organizational developments
      • Table Tsubakimoto Chain - Geographic focus
      • Table Tsubakimoto Chain - Segment focus
      • Table Tsubakimoto Chain - Key offerings
    • Voith
      • Table Vendor overview
      • Table Voith - Business segments
      • Table Voith - Organizational developments
      • Table Voith - Geographic focus
      • Table Voith - Segment focus
      • Table Voith - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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