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Automotive Coupling Market Size & Share - Industry Trend and Forecast 2018 - 2026

08-14-2018 08:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Automotive Coupling Market Size & Share - Industry Trend

The report analyzes and presents an overview of "Automotive Coupling Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" worldwide.

The main objective of this report is to define, describe, and forecast the global “Automotive Coupling” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Couplings are used to join to power transmitting components. Couplings can be rigid or flexible. Rigid couplings do not allow any misalignment between the joining components. Whereas the flexible couplings used in an automotive are designed to permit some degree of misalignment to acclimatize change in positions of power transmitting shafts. Nonetheless Couplings are used to connect two axles, two components, or two shafts of differently manufactured components, to transfer the power even when shafts are not aligned properly. Although, advanced couplings performs the chore of reduce shocks while transmitting power from one shaft to another, to provide protection against overloading, to reduce vibrations in shafts, and to disconnect when needed or overloaded. In an automobile, high reliability of its mechanical components is crucial so as to avoid accidents or injuries. Coupling are the key components of an automobile. If a coupling fails to perform its task, the vehicle will not be able to function. Therefore, it is indispensable to select the material for coupling judiciously.

Increase in demand for automobiles, continuous research and development undertaken by manufacturers in the field of coupling materials, development of new technologies and their integration with mechanical components, and preference of compact size in vehicles are anticipated to drive the coupling market for automotive during the forecast period. Consumption of couplings is projected to increase in proportion to the rise in demand for automobiles in the market. Another key driver of the coupling market is the capability of the material to adapt the change in the alignment of the shafts. As the shafts cannot be in line all the time, misalignment or movement of the shafts needs to be allowed for the hassle-free working of the vehicle.

Cost of maintenance is a key restraint of the coupling market for automotive. Frequent maintenance is essential for the proper working of couplings. Nonetheless, preference of compactness, stringent CO2 emission norms, and continuous research and development activities in the field of material technology are projected to provide numerous opportunities to the coupling market for automotive.

The coupling market for automotive can be segmented based on type, position, material, vehicle, and region. In terms of type, the coupling market for automotive can be divided into two categories. Flexible couplings are preferred over other type of the coupling as they are capable of adapting certain degree of misalignment between two connecting shafts. Based on position, the coupling market for automotive can be categorized into four segments. Propeller shaft-based couplings are used for connecting the powertrain with the differential. These are generally connected with the help of universal couplings.

Based on material, the coupling market for automotive can be classified into three categories. Cast iron-made couplings possess high strength and are therefore preferred to other materials. In terms of vehicle, the coupling market for automotive can be bifurcated into three segments. The heavy commercial vehicles segment employs large-sized couplings, mainly made of cast iron. Demand for couplings is expected to rise corresponding to the increase in demand for heavy commercial vehicles.

Based on region, the coupling market for automotive can be segmented into five prominent regions. Demand for vehicles in Asia Pacific is on the rise due to the increased purchasing capacity of people. This, in turn, is estimated to propel the market for couplings for automotive. In Countries in Asia such as India, China, and Japan are leading in the demand for vehicles.

Key players operating in the coupling market for automotive include Dana Limited, BorgWarner Inc., Nexteer Automotive, Suddeutsche Gelenkscheibenfabrik GmbH & Co. KGis, CO.R.A. S.r.l. , and Superior Driveline. Dana Limited is a global leader in providing highly engineered solutions for powered vehicles and machinery.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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