Pune, India -- (SBWIRE) -- 01/19/2018 -- Market Synopsis of Global Diaphragm Coupling in Turbo Machinery:

Turbo Machinery plays an essential part in the extraction of oil from the ores. Recent surge in the oil and gas market is inducing high demand in the diaphragm coupling for turbo machinery market mainly due to increase in adoption for coupling in gas pipe construction industry. Such increased usage of diaphragm couplings in the oil and gas market is further going to drive the diaphragm coupling in turbo machinery market. With this increase in demand in the oil and gas industry the diaphragm coupling for turbo machinery market has also witnessed a significant growth. Increasing demand for oil and gas is going to directly translate into demand for diaphragm coupling which is going to provide a big boost to the diaphragm coupling in turbo machinery market.

The report has analyzed the market based on the two segments: type and end-user in the regions of North America, Europe, Asia-Pacific, South America, Middle-East and Africa. On the basis of type, the market is segmented as double & multiple diaphragm and single diaphragm. Based on end-user, the market is bifurcated as power, oil & gas, chemicals, transportation and others. While, based on region, Asia-Pacific accounts for largest share of 25.4%, followed by Europe which is expected to grow at a CAGR of 5.15% during the forecast period.

The global diaphragm coupling in turbo machinery market is expected to cross USD 5,862.5 million mark by the end of forecast period and is expected to grow approximately at 5.12% CAGR from 2016 to 2027.

Regional Analysis of Global Diaphragm Coupling in Turbo Machinery Market
Asia-Pacific accounts for largest share of 25.4% in the global diaphragm coupling in turbo machinery market. Rising renewable & non-renewable power generation capacity, increasing chemical industry, growing oil & gas production are driving the market. Europe was the second-largest market in 2014, valued at USD 683.2 million in 2015; it is projected to grow at 5.15% CAGR from 2016 to 2027.

Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/2567

Key Players
- Altra Industrial Motion (U.S.),
- Regal Beloit (U.S.),
- John Crane (U.S.),
- Eagle Industry Co., Ltd. (Japan),
- Lenze Selection (Germany)
- RBK Drive (U.K.)

Market Highlights
Couplings are utilized in the turbo machinery in various industries such as oil and gas, mining, automotive and energy and power. There are various kinds of couplings available to the in the market, although the diaphragm couplings have various technical superiorities over other kinds of couplings. The diaphragm couplings are available in a single diaphragm or multiple diaphragms. A diaphragm couplings ensure high transmission efficiency up to 99.56% which is far better than a normal coupling. With a simple structure, light weight and easy assembly diaphragm coupling have become increasing popular among manufacturers and end users alike.
The global diaphragm coupling in turbo machinery market is poised to grow at 5.12% CAGR and is estimated to reach USD 5,862.5 million by the end of forecast period

Get Complete Report @ https://www.marketresearchfuture.com/reports/diaphragm-coupling-turbo-machinery-market-2567

Scope of the Report
This study provides an overview of the global diaphragm coupling in turbo machinery market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific and Rest of World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global diaphragm coupling in turbo machinery market by its type, end-user and regions.
By Type
- Double & Multiple diaphragm
- Single diaphragm
By End-User
- Power
- Oil & Gas
- Chemicals
- Transportation
- Others
By Regions
- North America
- Europe
- Asia-Pacific
- South America
- Middle-East
- Africa

About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com