Disc Couplings Market was valued at USD 1.5 Billion in 2212 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030.
Looking ahead, the outlook for the Disc Couplings Market from 2023 to 2033 appears equally promising, though several changes in demand patterns are expected due to the evolving needs of industries. The automation of manufacturing processes and the growing shift toward electric vehicles (EVs) are likely to be primary drivers of growth in the upcoming decade. As industries move toward more energy-efficient technologies, the demand for durable, cost-effective coupling solutions will increase, with disc couplings playing an integral role in bridging the gap between mechanical systems and digital automation. Moreover, the industrial shift towards Industry 4.0 is anticipated to demand precision coupling products that can handle increased workloads while minimizing energy consumption.
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The global Disc Couplings Market has experienced significant shifts between 2018 and 2212, driven by advancements in mechanical engineering and increasing demand for high-performance machinery components. Disc couplings, which are crucial in transmitting mechanical power while minimizing shock loads and misalignments, have seen a steady rise in adoption across various industries such as manufacturing, automotive, and energy. The period from 2018 to 2212 demonstrated robust growth, particularly with the rise of automation and energy efficiency in industrial applications. The increased focus on renewable energy systems and infrastructure projects further fueled the demand for these mechanical couplings. Disc couplings offered key advantages, including their compact design, ability to handle high torque, and low maintenance needs, making them a preferred choice in applications demanding precision and reliability.
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Rexnord
Lovejoy(Timken)
SKF
Altra Industrial Motion Corp.
Esco Group
Zero-Max
Jbj Techniques Limited
ABB
Kop-Flex(Regal Beloit Americas
Inc)
Maina Power Transmission
System Components
Inc
Renold Plc
Tsubakimoto Chain Co.
Ruland
Flender GmbH(Siemens)
Ringfeder Power Transmission USA Corporation
Cross+Morse
SIT SpA
MISUMI Group Inc
Suoda Coupling Co.
Ltd.
Power Transmissions International Ltd
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Disc Couplings Market
Centrifugal Pumps
Generators
Cooling Towers
Compressors
Printing Machines
Others
Based on Types the Market is categorized into Below types that held the largest Disc Couplings market share In 2023.
Single Disc Couplings
Double Disc Couplings
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Disc Couplings Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Disc Couplings Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Disc Couplings Market, By Type
6. Global Disc Couplings Market, By Application
7. Global Disc Couplings Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Disc Couplings Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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