High Flexible Coupling Market By Types, By Material, By End User Industry : Global Opportunity Analysis and Industry Forecast, 2023-2032

List of Tables

The High Flexible Coupling Market is likely to experience a significant growth rate of 3.4% from 2022-2032 owing to increasing market demand from oil & gas sector - Allied Market Research

The High Flexible Couplings join two shafts end to end in a straight line so that they may rotate at the same speed. Axial movement and shaft misalignment are also possible with these flexible shafts. Misalignment is utilized to soften vibrations and transfer torque from one shaft to another. It is frequently employed in fields such as the oil and gas industry, mining, industrial applications, and others where gearboxes with severe torque are necessary.

The automobile industry uses a variety of tools for testing and connecting a car to a trough. As a result, high flexible couplings are in high demand in this field. In addition, the increase in use of electric vehicles internationally has expanded the market for high flexible couplings. Furthermore, the International Energy Agency (IEA) reported that 6.7 million plug-in electric light vehicles (PEVs) were sold in 2021. Moreover, governments have launched several programmed to maintain expansion of the automobile industry. For instance, Egypt adopted a national plan for localizing the automobile sector in June 2022. The plan intends to increase footprints of Egypt in burgeoning vehicle markets of Africa and forge strong commercial and investment ties with key regional trading partners to achieve sustained development growth for all parties. Such government developments further accelerate the demand for high flexible couplings.

However, high flexible coupling is typically made of metal and specialized materials such as steel and aluminum, owing to their high strength. Any fluctuations in the prices of steel and aluminum thus make it difficult for the market players to stay profitable and decide on the budgets. For instance, the prices of hot rolled steel in the U.S. have increased by more than 215% to $1,825 since March 2020. Prior to that, its prices have been in the range of $500 to $800 from at least 2017. Moreover, the prices of silicon metals increased two-fold since COVID-19. Such fluctuations play an instrumental role in restraining the growth of the highly flexible coupling market.

In addition, the demand for high flexible coupling is expected to grow with the increase in adoption of industrial automation and robotics. These coupling facilities smooth power transmission and compensate for misalignments in robotics arms, automated assembly lines, and material handling systems. In addition, the emergence of industrial automation and smart robotic applications platforms is an important factor for the overall growth of automation components market in manufacturing, aerospace, and other industries. Moreover, key market players are focused on the development of new products to strengthen their product portfolio. For instance, in June 2022, KTR Systems GmbH launched its new intermediate shaft coupling from the Rotex family. Aluminum is used for the shaft, which enables shaft distances of up to 4,000 mm. Five sizes of the ROTEX ZRS are offered for torques up to 560 Nm. Such advancements in automation components are expected to offer lucrative opportunities for the expansion of the market during the forecast period.

The high flexible couplings market is segmented into type, material, end user, and region. On the basis of type, it is segregated into elastomeric coupling, grid coupling, disc coupling, and others (membrane couplings, and universal coupling). On the basis of the material, it is classified into rubber, steel, and others (ceramics, plastics, and composite materials). Based on end-user industry, the market is divided into automotive, oil & space, power generation, and others (plastic, and transportation). On the basis of region, it is analyzed across). North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Spain, Italy, Netherlands, and Rest of Europe). Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition analysis

The major players profiled in the high flexible couplings market include VULKAN Group, Flender, The Timken Company, Renold PLC, KTR Systems GmbH, Stromag France, Comintec, Renk aktiengesellschaft, Ortlinghaus-Werke GmbH, Kawasaki Heavy Industries

Major companies in the market have adopted strategies such as business expansion, partnership, acquisition, product development, and product launch to offer better products and services to customers in the Europe centralized refrigeration system market.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the high flexible coupling market analysis from 2022 to 2032 to identify the prevailing high flexible coupling market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the high flexible coupling market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global high flexible coupling market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Types

Others
Elastomeric Couplings
Grid Coupling
Disc Coupling

By Material

Steel
Rubber
Others

By End User Industry

Oil and Gas
Automotive
Power Generation
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

KTR Systems GmbH
Flender
comintec
Renk aktiengesellschaft
Renold PLC
Kawasaki Heavy Industries
VULKAN Group
The Timken Company
Stromag France
Ortlinghaus-Werke GmbH

Product Code: A74636

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Growth of Automotive Sector
  - 3.4.1.2. Rise in Infrastructural Development
  - 3.4.1.3. Development of Industries in Emerging Countries

3.4.2. Restraints
- 3.4.2.1. Fluctuating Price of Raw Materials
- 3.4.2.2. Lack of Technical Proficiency along with Lack of Awareness

3.4.3. Opportunities
- 3.4.3.1. Integration of industrial automation and robotics in different manufacturing machinery

3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: HIGH FLEXIBLE COUPLING MARKET, BY TYPES

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Elastomeric Couplings
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Grid Coupling
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Disc Coupling
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: HIGH FLEXIBLE COUPLING MARKET, BY MATERIAL

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Steel
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Rubber
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Others
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country

CHAPTER 6: HIGH FLEXIBLE COUPLING MARKET, BY END USER INDUSTRY

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Oil and Gas
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Automotive
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Power Generation
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country

CHAPTER 7: HIGH FLEXIBLE COUPLING MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Types
- 7.2.3. Market size and forecast, by Material
- 7.2.4. Market size and forecast, by End User Industry
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Key market trends, growth factors and opportunities
  - 7.2.5.1.2. Market size and forecast, by Types
  - 7.2.5.1.3. Market size and forecast, by Material
  - 7.2.5.1.4. Market size and forecast, by End User Industry
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Key market trends, growth factors and opportunities
  - 7.2.5.2.2. Market size and forecast, by Types
  - 7.2.5.2.3. Market size and forecast, by Material
  - 7.2.5.2.4. Market size and forecast, by End User Industry
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Key market trends, growth factors and opportunities
  - 7.2.5.3.2. Market size and forecast, by Types
  - 7.2.5.3.3. Market size and forecast, by Material
  - 7.2.5.3.4. Market size and forecast, by End User Industry
7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Types
- 7.3.3. Market size and forecast, by Material
- 7.3.4. Market size and forecast, by End User Industry
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Key market trends, growth factors and opportunities
  - 7.3.5.1.2. Market size and forecast, by Types
  - 7.3.5.1.3. Market size and forecast, by Material
  - 7.3.5.1.4. Market size and forecast, by End User Industry
  - 7.3.5.2. France
  - 7.3.5.2.1. Key market trends, growth factors and opportunities
  - 7.3.5.2.2. Market size and forecast, by Types
  - 7.3.5.2.3. Market size and forecast, by Material
  - 7.3.5.2.4. Market size and forecast, by End User Industry
  - 7.3.5.3. UK
  - 7.3.5.3.1. Key market trends, growth factors and opportunities
  - 7.3.5.3.2. Market size and forecast, by Types
  - 7.3.5.3.3. Market size and forecast, by Material
  - 7.3.5.3.4. Market size and forecast, by End User Industry
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Key market trends, growth factors and opportunities
  - 7.3.5.4.2. Market size and forecast, by Types
  - 7.3.5.4.3. Market size and forecast, by Material
  - 7.3.5.4.4. Market size and forecast, by End User Industry
  - 7.3.5.5. Rest of Europe
  - 7.3.5.5.1. Key market trends, growth factors and opportunities
  - 7.3.5.5.2. Market size and forecast, by Types
  - 7.3.5.5.3. Market size and forecast, by Material
  - 7.3.5.5.4. Market size and forecast, by End User Industry
7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Types
- 7.4.3. Market size and forecast, by Material
- 7.4.4. Market size and forecast, by End User Industry
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Key market trends, growth factors and opportunities
  - 7.4.5.1.2. Market size and forecast, by Types
  - 7.4.5.1.3. Market size and forecast, by Material
  - 7.4.5.1.4. Market size and forecast, by End User Industry
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Key market trends, growth factors and opportunities
  - 7.4.5.2.2. Market size and forecast, by Types
  - 7.4.5.2.3. Market size and forecast, by Material
  - 7.4.5.2.4. Market size and forecast, by End User Industry
  - 7.4.5.3. India
  - 7.4.5.3.1. Key market trends, growth factors and opportunities
  - 7.4.5.3.2. Market size and forecast, by Types
  - 7.4.5.3.3. Market size and forecast, by Material
  - 7.4.5.3.4. Market size and forecast, by End User Industry
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Key market trends, growth factors and opportunities
  - 7.4.5.4.2. Market size and forecast, by Types
  - 7.4.5.4.3. Market size and forecast, by Material
  - 7.4.5.4.4. Market size and forecast, by End User Industry
  - 7.4.5.5. Rest of Asia-Pacific
  - 7.4.5.5.1. Key market trends, growth factors and opportunities
  - 7.4.5.5.2. Market size and forecast, by Types
  - 7.4.5.5.3. Market size and forecast, by Material
  - 7.4.5.5.4. Market size and forecast, by End User Industry
7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Types
- 7.5.3. Market size and forecast, by Material
- 7.5.4. Market size and forecast, by End User Industry
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Latin America
  - 7.5.5.1.1. Key market trends, growth factors and opportunities
  - 7.5.5.1.2. Market size and forecast, by Types
  - 7.5.5.1.3. Market size and forecast, by Material
  - 7.5.5.1.4. Market size and forecast, by End User Industry
  - 7.5.5.2. Middle East
  - 7.5.5.2.1. Key market trends, growth factors and opportunities
  - 7.5.5.2.2. Market size and forecast, by Types
  - 7.5.5.2.3. Market size and forecast, by Material
  - 7.5.5.2.4. Market size and forecast, by End User Industry
  - 7.5.5.3. Africa
  - 7.5.5.3.1. Key market trends, growth factors and opportunities
  - 7.5.5.3.2. Market size and forecast, by Types
  - 7.5.5.3.3. Market size and forecast, by Material
  - 7.5.5.3.4. Market size and forecast, by End User Industry

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. Kawasaki Heavy Industries
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
9.2. VULKAN Group
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Key strategic moves and developments
9.3. Flender
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
9.4. Renk aktiengesellschaft
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
9.5. comintec
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
9.6. Stromag France
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
9.7. KTR Systems GmbH
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Key strategic moves and developments
9.8. Renold PLC
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
9.9. The Timken Company
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
9.10. Ortlinghaus-Werke GmbH
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio