Flexible Shaft Couplings Market

Flexible shaft couplings are used in applications that require high torque transmission in the oil and gas industry. Non-lubricated coupling types, such as diaphragm, elastomeric, bellow, and disc couplings, are mostly adopted in the oil and gas industry. Flexible shaft couplings provide a combined torque capacity with vibration damping in pump applications in pipelines and oil refineries. This type of flexible shaft coupling can withstand extreme temperatures, pressure, and humidity. As a result, the probability of damages in the equipment is very less, reducing the overall machine life cycle cost.

Flexible Shaft Couplings Market contains market size and forecasts of Flexible Shaft Couplings in global, including the following market information:

Global Flexible Shaft Couplings Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Flexible Shaft Couplings Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Flexible Shaft Couplings companies in 2021 (%)

The global Flexible Shaft Couplings market was valued at 1629.4 million in 2021 and is projected to reach US$ 1939.1 million by 2028, at a CAGR of 2.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Elastomeric Couplings Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Flexible Shaft Couplings include Altra Industrial Motion, Rexnord, SKF, Timken, Tsubakimoto Chain, Voith, ABB, Siemens and Cross+Morse, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Flexible Shaft Couplings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Flexible Shaft Couplings Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Flexible Shaft Couplings Market Segment Percentages, by Type, 2021 (%)

Elastomeric Couplings

Gear Couplings

Bellow Couplings

Disc Couplings

Other

Global Flexible Shaft Couplings Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Flexible Shaft Couplings Market Segment Percentages, by Application, 2021 (%)

Oil and Gas Industry

Power Plants

Mining and Metal Industry

Other

Global Flexible Shaft Couplings Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Flexible Shaft Couplings Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Flexible Shaft Couplings revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Flexible Shaft Couplings revenues share in global market, 2021 (%)

Key companies Flexible Shaft Couplings sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Flexible Shaft Couplings sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Altra Industrial Motion

Rexnord

SKF

Timken

Tsubakimoto Chain

Voith

ABB

Siemens

Cross+Morse

DieQua

Eide

Jakob Antriebstechnik

Mayr

Nabeya Bi-tech Kaisha (NBK)

Regal Beloit

Ringfeder Power Transmission

Zero-Max