Technavio has been monitoring the couplings market and it is poised to grow by USD 126.57 million during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Couplings Market 2020-2024 (Graphic: Business Wire).
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Frequently Asked Questions-
- What are the major trends in the market?
- Emergence of couplings with a wide range of torsional stiffness is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of almost 2%, the incremental growth of the market is anticipated to be USD 126.57 million.
- Who are the top players in the market?
- AB SKF, ABB Ltd., MECVEL Srl, Regal Beloit Corp., Rexnord Corp., RINGSPANN GmbH, Siemens AG, Smiths Group Plc, The Timken Co., The Tsubaki Group, and Voith GmbH Co. KGaA. are some of the major market participants.
- What are the key market drivers?
- Growth of global lumbar industry is one of the major factors driving the market.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB SKF, ABB Ltd., MECVEL Srl, Regal Beloit Corp., Rexnord Corp., RINGSPANN GmbH, Siemens AG, Smiths Group Plc, The Timken Co., The Tsubaki Group, and Voith GmbH Co. KGaA are some of the major market participants. The growth of global lumbar industry will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Couplings Market 2020-2024: Segmentation
Couplings Market is segmented as below:
- Product
- Elastomeric Couplings
- Metallic Couplings
- Mechanical Couplings
- Other Couplings
- Geography
- APAC
- Europe
- North America
- South America
- MEA
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Couplings Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The couplings market report covers the following areas:
- Couplings Market Size
- Couplings Market Trends
- Couplings Market Analysis
This study identifies emergence of couplings with a wide range of torsional stiffness as one of the prime reasons driving the couplings market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Couplings Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist couplings market growth during the next five years
- Estimation of the couplings market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the couplings market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of couplings market vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Elastomeric couplings Market size and forecast 2019-2024
- Metallic couplings Market size and forecast 2019-2024
- Mechanical couplings Market size and forecast 2019-2024
- Other couplings Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC Market size and forecast 2019-2024
- Europe Market size and forecast 2019-2024
- North America Market size and forecast 2019-2024
- South America Market size and forecast 2019-2024
- MEA Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AB SKF
- ABB Ltd.
- MECVEL Srl
- Regal Beloit Corp.
- Rexnord Corp.
- Siemens AG
- Smiths Group Plc
- The Timken Co.
- The Tsubaki Group
- Voith GmbH Co. KGaA
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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