Shaft couplings are essential to several applications in oil and gas exploration and production activities.

Portland, OR -- (SBWire) -- 01/18/2018 --About Shaft Couplings

Shaft couplings are essential to several applications in oil and gas exploration and production activities. In the oil and gas industry, contamination and wear of equipment are very common due to overexposure to dust, moisture, and heavy load applications. This imposes a challenge for transmitting the required amount of power to different equipment used in the industry. Equipment in the industry is susceptible to shaft misalignment, as it is used for heavy-duty applications and work with heavy weights. This concern is addressable with the use of shaft couplings, which compromise for misalignment issues and provide a strong structure to equipment assembly.

Research analysts forecast the global shaft couplings market to grow at a CAGR of 4.57% during the period 2018-2022.

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Covered in this report
The report covers the present scenario and the growth prospects of the global shaft couplings market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of shaft couplings.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Global Shaft Couplings Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- Altra Industrial Motion
- Rexnord
- SKF
- Timken
- Tsubakimoto Chain
- Voith
Other prominent vendors
- ABB
- ALMA
- Cross+Morse
- ERIKS
- Jakob Antriebstechnik
- KTR Systems
- Mayr
- MecVel
- Motion Industries
- NBK
Market driver
- Increasing focus on generating power from renewables
- For a full, detailed list, view our report

Market trend
- Customized couplings to solve mating issues
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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