Global Couplings Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

A coupling is a device used to connect two shafts together at their ends for the purpose of transmitting power. Couplings do not normally allow disconnection of shafts during operation, however there are torque limiting couplings which can slip or disconnect when some torque limit is exceeded. The primary purpose of couplings is to join two pieces of rotating equipment while permitting some degree of misalignment or end movement or both. By careful selection, installation and maintenance of couplings, substantial savings can be made in reduced maintenance costs and downtime. The Couplings market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Couplings market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Couplings Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Couplings market are: Ruland Lovejoy Renold Vulkan ABB Voith Turbo Tsubakimoto Chain Taier Heavy John Crane Eriks Regal Beloit Siemens CENTA Altra Industrial Motion SKF Rexnord Most important types of Couplings products covered in this report are: Non-Shifting Shifting Hydrodynamic Magnetic Most widely used downstream fields of Couplings market covered in this report are: Power Generation Mining Papermaking Others Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.