Global Shaft Grounding Ring Market Growth 2026-2032
Description
The global Shaft Grounding Ring market size is predicted to grow from US$ 78.26 million in 2025 to US$ 113 million in 2032; it is expected to grow at a CAGR of 5.8% from 2026 to 2032.
A shaft grounding ring is an electrical grounding accessory mounted on the shaft end of rotating machinery, designed to conduct stray electrical currents, mains frequency currents, or high-frequency interference from the shaft to the machine frame ground. By doing so, it protects bearings from electrical erosion and premature failure. Typically constructed from conductive brushes, spring mechanisms, and high-wear-resistance contact rings, it is widely used in motors, generators, pumps, compressors, and various industrial rotating equipment. In 2025, global shaft grounding ring sales reached approximately 1,600 k Units, with an average price of 50 US$/Unit.
Global industrial automation and equipment modernization are driving demand for highly reliable rotating machinery, and as production lines become smarter, there is increasing emphasis on operational stability and service life. In sectors such as petrochemical, metallurgy, power generation, mining, marine, and large-scale manufacturing, there is greater requirement for countermeasures that prevent bearing electrical damage, such as shaft grounding rings. Additionally, many older machines are retrofitted with grounding rings during maintenance overhauls to avoid unplanned downtime. Together, these factors are expanding the adoption and market penetration of shaft grounding rings.
LP Information, Inc. (LPI) ' newest research report, the “Shaft Grounding Ring Industry Forecast” looks at past sales and reviews total world Shaft Grounding Ring sales in 2025, providing a comprehensive analysis by region and market sector of projected Shaft Grounding Ring sales for 2026 through 2032. With Shaft Grounding Ring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shaft Grounding Ring industry.
This Insight Report provides a comprehensive analysis of the global Shaft Grounding Ring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shaft Grounding Ring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shaft Grounding Ring market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shaft Grounding Ring and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shaft Grounding Ring.
This report presents a comprehensive overview, market shares, and growth opportunities of Shaft Grounding Ring market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Solid Ring
Split Ring
Segmentation by Power Rating:
Low Power (<5 kW)
Medium (5–100 kW)
High Power (>100 kW)
Segmentation by Market:
OEM
Aftermarket
Segmentation by Application:
Motors
Generators
Pumps
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
KACO
Electro Static Technology
Inpro/Seal
Schunk
Suzhou Volsun
Hangzhou Prosper
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shaft Grounding Ring market?
What factors are driving Shaft Grounding Ring market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shaft Grounding Ring market opportunities vary by end market size?
How does Shaft Grounding Ring break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
A shaft grounding ring is an electrical grounding accessory mounted on the shaft end of rotating machinery, designed to conduct stray electrical currents, mains frequency currents, or high-frequency interference from the shaft to the machine frame ground. By doing so, it protects bearings from electrical erosion and premature failure. Typically constructed from conductive brushes, spring mechanisms, and high-wear-resistance contact rings, it is widely used in motors, generators, pumps, compressors, and various industrial rotating equipment. In 2025, global shaft grounding ring sales reached approximately 1,600 k Units, with an average price of 50 US$/Unit.
Global industrial automation and equipment modernization are driving demand for highly reliable rotating machinery, and as production lines become smarter, there is increasing emphasis on operational stability and service life. In sectors such as petrochemical, metallurgy, power generation, mining, marine, and large-scale manufacturing, there is greater requirement for countermeasures that prevent bearing electrical damage, such as shaft grounding rings. Additionally, many older machines are retrofitted with grounding rings during maintenance overhauls to avoid unplanned downtime. Together, these factors are expanding the adoption and market penetration of shaft grounding rings.
LP Information, Inc. (LPI) ' newest research report, the “Shaft Grounding Ring Industry Forecast” looks at past sales and reviews total world Shaft Grounding Ring sales in 2025, providing a comprehensive analysis by region and market sector of projected Shaft Grounding Ring sales for 2026 through 2032. With Shaft Grounding Ring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shaft Grounding Ring industry.
This Insight Report provides a comprehensive analysis of the global Shaft Grounding Ring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shaft Grounding Ring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shaft Grounding Ring market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shaft Grounding Ring and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shaft Grounding Ring.
This report presents a comprehensive overview, market shares, and growth opportunities of Shaft Grounding Ring market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Solid Ring
Split Ring
Segmentation by Power Rating:
Low Power (<5 kW)
Medium (5–100 kW)
High Power (>100 kW)
Segmentation by Market:
OEM
Aftermarket
Segmentation by Application:
Motors
Generators
Pumps
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
KACO
Electro Static Technology
Inpro/Seal
Schunk
Suzhou Volsun
Hangzhou Prosper
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shaft Grounding Ring market?
What factors are driving Shaft Grounding Ring market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shaft Grounding Ring market opportunities vary by end market size?
How does Shaft Grounding Ring break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
99 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Shaft Grounding Ring by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Shaft Grounding Ring by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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