Global Elastomeric Couplings Market 2017-2021

Overview of the global elastomeric couplings market

Research analysis on the global elastomeric couplings market identifies that the benefits of elastomeric couplings will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that this market will post a revenue of more than 640 million by 2021. Improved flexibility and ability to transmit torque between two shafts using materials such as rubber or urethane drives the demand for elastomeric couplings. Moreover, these flexible couplings offer numerous degree of torsional softness and can prevent misalignment, both in angular and parallel compared to any other coupling. Elastomeric couplings also have no frictional wear between components, providing a minimal need for maintenance and is much quieter in terms of noise than the other metal couplings.

In terms of geographic regions, APAC will be the key contributor of the elastomeric couplings market throughout the forecast period. The increasing demand for automobiles and growing production rates will drive the demand for elastomeric couplings market in the region. Also, the presence of industries such as heavy industry and machine tools will propel the market growth in APAC.

Competitive landscape and key vendors  

The elastomeric couplings market consists of many established vendors. Based on the market trend and increasing industrial production, the vendors come up with innovative products that prefer real-time data recording in the transmission of power and torque. To hold their market share, vendors are concentrating on the expansion of their services and offer personalized solutions based on the user requirements.

The leading vendors in the market are –

• ABB
• Altra Industrial Motion
• Rexnord
• Regal Beloit

The other prominent vendors in the market are DieQua, R+W Antriebselemente, Rathi, Siemens, and System Components.

Segmentation by product and analysis of the elastomeric couplings market

• Compression elastomeric coupling
• Shear elastomeric coupling

The compression elastomeric coupling has a higher load capacity and is increasingly used in major industries for transmitting higher torque and sustaining larger overload. Moreover, these couplings also provide better torsional stiffness and focus on the positive-displacement stiffness of metallic couplings. These advantages of the compression elastomeric coupling will drive the market growth in this segment.

Segmentation by end-user and analysis of the elastomeric couplings market

• Automotive industry
• Heavy machinery
• Machine tools

Based on this market research report, the automotive industry will hold the highest market share of the elastomeric couplings market until 2021. The stringent need for quality, reliability, and precision in the operational processes and the rising usage of automobiles has assisted the automotive industry to contribute the major share to the global elastomeric couplings market.

Key questions answered in the report includes

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global elastomeric couplings market?
• What are the key market trends impacting the growth of the global elastomeric couplings market?
• What are the challenges to market growth?
• Who are the key vendors in the global elastomeric couplings market?
• What are the market opportunities and threats faced by the vendors in the global elastomeric couplings market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global elastomeric couplings market?

Technavio also offers customization on reports based on specific client requirement.