Global Diaphragm Coupling Turbo Machinery Market by Forecast to 2027
Pune, Maharashtra -- (SBWIRE) -- 04/19/2017 -- 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 Diaphragm Coupling Turbo Machinery Market.
The global Diaphragm Coupling 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.
Major 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.)
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Market Research Analysis
Based on type, double & multiple diaphragm coupling accounted for the largest market share in turbo machinery market in 2015 and expected to reach at USD 3,712.3 million by 2027 at the rate of 5.22% from 2016-2027.
Based on end user, power segment dominates the global diaphragm coupling in turbo machinery market with 37.7% share in 2015. Asia-Pacific region is the largest region in power generation is projected to reach at USD 561.7 million by 2027.
Based on region, Asia-Pacific accounts for largest share of 25.4% in the 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.
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.
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-Raw Materials Suppliers
-Research Institute / Education Institute
-Key executive (CEO and COO) and strategy growth manager
Table of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
List of Table
Table 1 Global Diaphragm Coupling In Turbomachinery Market, (Usd Million) 26
Table 2 Single Diaphragm Coupling In Turbomachinery Market, (Usd Million) 26
List of Figures
Figure 1 Research Process 14
Figure 2 Double Diaphragm Market To Witness The Highest Growth 18
Figure 3 Power Segment To Dominate The Market (Billion Usd) 19
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