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Torque Limiter Market to touch US$ 350 Mn by 2027

10-26-2022 06:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR

Broadening of product portfolio to include several torque ranges is a key strategy adopted by several leading players operating in the global torque limiter market. Companies are also involved in providing customized products as per the requirements of end users. Key players operating in the global torque limiter market and profiled in the research report are Chr. Mayr GmbH + Co. KG, KTR Systems GmbH, R+W Antriebselemente GmbH, Nexen Group, Inc., Howdon Power Transmission Ltd, Altra Industrial Motion Corp., Tsubakimoto Chain Co, RINGSPANN GmbH, Cross & Morse Ltd, and Industrial Clutch Parts Ltd.

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Torque limiters are increasingly used in heavy-load applications to extend the product lifecycle of heavy-duty machinery. This directly helps stakeholders in profiting from the prolonged lifecycle of machinery, prevent damage, and save on overall costs.

Likewise, torque limiting is being used in aviation to develop more compact, lightweight, and efficient equipment. Since intelligent construction, high-end materials, and latest technology form the foundation of aviation equipment, stakeholders are leveraging new design equipment with powerful safety torque limiter couplings.

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Aviation equipment requires torque limiters that run backlash-free, based on the spring-loaded ball-locking principle, to ensure greater safety. Manufacturers are developing high-tech materials with novel coatings that reduce the overall weight of the equipment. The relation of torque capacity with physical dimensions and weight help establish unique safety couplings for aviation equipment. Thus, stakeholders in the torque limiter market are facilitating the aerospace industry with high-precision overload protection in aviation equipment.

Increased Applications in Wind Power Trigger Market Growth for Torque Limiters
The performance of couplings used in the power and energy industry relies on a high degree robustness and reliability of torque limiters. Whether the energy is produced from coal, gas, or combustion of waste or biomass; designers, plant operators, and builders in the power and energy industry make increased use of torque limiters to achieve precise interaction between components of heavy-duty machinery and establish optimum load distribution.

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For example, operating conditions with variations in speed place high requirement for torque limiters on gearboxes in wind power. The innovative bearing system of torque limiters facilitates uniform load distribution during operating conditions, and enhances the meshing contact of the gears. As such, manufacturers are making use of special materials and unique coatings in torque limiters to facilitate the optimum operation of gearboxes even at extremely high pressures and very low speeds.

Other applications of torque limiters extend to railway technology. Manufacturers are producing torque limiters of special standards that apply to couplings in railway drives. These couplings ensure maximum torque transmission and compensation for large displacements to facilitate the smooth mobility of people and goods through the railways. As such, stakeholders are broadening their offerings for torque limiters in the steel and metal industry. Torque couplings ensure increased reliability for cutting-edge processes and production technologies used in steel mills.

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Market Players to Develop Novel Technologies to Overcome Operational Limitations
Stakeholders in various end-use industries such as construction and power generation increasingly rely on the engineering of high-end torque limiters for exceptional load capacity and increased product lifecycle of machinery. However, torque limiters have certain operational limitations too.

For example, drones are increasingly used in various domains such as in amusement parks and construction sites for monitoring and security purposes. However, stakeholders are yet to find the right balance between the different components of the drones and the relation between power-to-weight ratio. Further research is being carried out to the science between the size and efficiency of drones, and their ability to withstand harsh temperatures, altitude, and vibrations. As such, market players are innovating on heat dissipation technology at high speeds, high torques, and long service life of drones.

About Transparency Market Research:

Transparency Market Research is a Global Market Research Report company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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