Overview
Steel Coupling market product type is segmented by rigid coupling and flexible coupling. Shaft Couplings help as machineries to time, join, or align shafts at lower speeds and torque, particularly when zero backlash is chosen. They are not intended for use as a critical part of a drive line or as a substitute for flexible or universal joints or other power transmission devices. Rigid couplings are designed for aligned shafts only, and are the most basic but often the most cost-effective coupling. Rigid couplings are available with or without keyways in one- and twopiece and set screw designs in the market. Flexible couplings are usually used to transmit torque from one shaft to another when the two shafts are slightly misaligned. They can accommodate variable degrees of misalignment up to 1.5 degree and some similar misalignment. They come in three types: formed, electroplated, and edge-welded. Bellow couplings resist axial, parallel, and angular misalignment. Their design can be costly, though, and not necessarily be able to handle greater misalignments than elastomeric or other flexible couplings. Steel couplings find wide applications in industries such as oil industry, natural gas industry, water treatment companies and chemical industry. Additionally, the market of steel couplings has observed increase in acceptance for coupling in gas pipe construction industry. However, increasing cost of labour and deteriorating exports are factors responsible for alteration of the couplings market globally. Widely range of steel coupling industries focusing majorly on improvement of energy efficiency, the demand for steel couplings is likely to witness growth traction in near future. Additionally, strategic growths relating to the steel coupling market in the MINT nations (Mexico, Indonesia, Nigeria and Turkey) are likely to provide higher growth opportunities. However, product technology of steel couplings has matured and therefore customers seek value additions as a key purchase criterion for steel couplings. Moreover, shortage of new application potentials of the steel couplings is hindering the market growth. Geographical-wise, Growth of the global steel coupling market in developed economies is likely to witness a sluggish growth over the forecast period. The restricted capital expenditures across various end user industries such as the manufacturing and oil and gas industry, has considerably constrained the market
growth. However, the demand in emerging nations such as India, China, Russia, Brazil and the Eastern European countries is anticipated to boost market growth. This is mainly due to the fact that these regions have become the global centres of the manufacturing industry. The material handling sector in Middle East region and the mining industry in Africa are also expected to be the fastest growing regions for steel couplings in near future. Some of the leading players and participants Global steel coupling market are Altra, ZPMC, Siemens, Mayr, KTR, Colossus, Dandong Colossus Group Co., Ltd., Daido Precision, Emerson Industrial, VOITH, Nakamura Jico, Industrial Clutch Parts Ltd., John Crane Ltd., Chr. Mayr GmbH & Co. KG, Siemens AG, Unique Transmission Private Limitedetc.
Major players in the Market are identified through secondary research and their Market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors,
CEOs and Marketing executives. The percentage splits, Market shares, growth rate and breakdowns of the product Markets are determined through using secondary sources and verified through the primary sources. Inquiry about report OR ask for Sample Report @ https://www.profsharemarketresearch.com/inquiry/steel-coupling-marketreport-inquiry/ Steel Coupling Market: Product Type Rigid Coupling Flexible Coupling Steel Coupling Market: Application
Oil Industry Natural Gas Industry Chemical Industry Water Treatment Companies
Steel Coupling Market: Competition Analysis
Emerson Industrial John Crane Altra Siemens Mayr KTR Industrial Clutch Parts (ICP) Daido Precision VOITH Nakamura Jico Taier ZPMC Dandong Colossus Deyang Lida
Wuxi Driveshafts Unique Transmission Private Limited
Steel Coupling Market: Regional Analysis North America U.S.A Canada Europe France Germany Spain UK Rest of Europe Asia Pacific China Japan India South East Asia Latin America Brazil Middle East and Africa
Access Full Report @ https://www.profsharemarketresearch.com/steel-coupling-market/ Steel Coupling Market Report delivers comprehensive analysis of : Market Forecast for 2019-27 Market growth drivers Challenges and Opportunities Emerging and Current market trends
Market player Capacity, Production, Revenue (Value) Supply (Production), Consumption, Export, Import analysis End user/application Analysis
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