About Jaw Coupling
The jaw couplings are the all-purpose type of industrial rotational power transmission shafts that operates in a various range of temperatures, deals with angular misalignments along with managing reactionary loads, resist chemicals and dampening the shock and vibrations. These couplings are used to transmit torque between two shafts and help in protecting the component from damaging the hubs made of various types of metals. It consists of two components featuring two hubs with protruding lugs known as jaws and elastomer insert known as the spider that fits in between the hubs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Jaw Coupling market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Jaw Coupling Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Lovejoy-Timken Company (United States), Ruland Manufacturing Co. Inc. (United States), KTR Systems GmbH (Germany), Altra Industrial Motion Corp (Guardian Couplings) (United States), Reliance Precision Limited (United Kingdom), Ondrives.US Corp. (United States), Herwarth Reich GmbH (REICH-KUPPLUNGEN) (Germany), Renold plc (United Kingdom), Candy Manufacturing Company, Inc. (United States) and Royersford Foundry & Machine Co., Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are C-King Industry Co., Ltd. (Taiwan), Flex - C Couplings (India) and GBM Manufacturing Pvt. Ltd (India).
Segmentation Overview
AMA Research has segmented the market of Global Jaw Coupling market by Type (Curved Jaw Coupling, Straight Jaw Coupling, L-Series Jaw Coupling and Others), Application (Pumps, Conveyors, Industrial Robots, Automatic Doors and Others) and Region.
On the basis of geography, the market of Jaw Coupling has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Metallic Hubs will boost the Jaw Coupling market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Automotive Industry will boost the Jaw Coupling market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Sintered Metal will boost the Jaw Coupling market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Emerging Use of Jaw Coupling in Industrial Robots and Increasing Use of Curved Jaw Coupling
Market Growth Drivers:
Growing demand for all-purpose shafts which are torsionally flexible and provide positive torque transmission in electrical or automotive devices. It is used to provide reduce operational vibrations and shocks and can efficiently dampen the shocks and vibrations.
Restraints:
Problems with Maintenance and Handling of Jaw Coupling and Corrosion Related Problems Involved with Jaw Coupling
Opportunities:
Surging Demand for Jaw Coupling from Construction and Engineering Industry and Technological Advancements in Power Transmission Technology
Market Leaders and their expansionary development strategies
In April 2023, Ideal Tridon Group, a leading global manufacturer of clamping, coupling and support products, announced the acquisition of Advanced Couplings Limited.
In October 2022, UNE rubber coupling supplier launches a new flexible coupling model. The MRD-8 flexible rubber couplings are standard rubber couplings with a special adaptation, the added value of these flexible couplings consists on providing a fast mounting, maintenance and replacement of the coupling rubber.
Key Target Audience
Jaw Coupling Manufacturers, Jaw Coupling International Traders, Jaw Coupling Distributors and Suppliers, Research and Development Institutes, Potential Investors, Upstream and Downstream Buyers, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.