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Magnetic Couplings Market

magnetic couplings market

magnetic couplings market

Dec 2018, New York USA (News) - Over the next five years, RRI Information projects that Magnetic Couplings will register a 1.3% CAGR in terms of revenue, reach US$ 1340 million by 2023, from US$ 1240 million in 2017. This report studies the Magnetic Couplings market. Magnetic couplings are non-contact couplings that use a magnetic field to transfer torque, force or movement from one rotating member to another. The transfer takes place through a non-magnetic containment barrier without any physical connection. The couplings are opposing pairs of discs or rotors embedded with magnets.
The leading manufactures mainly are EagleBurgmann, ABB, DST, Rexnord and Tridelta. EagleBurgmann is the largest player; its revenue of global market exceeds 3.5% in 2017.

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There are mainly two type product of magnetic couplings market: disc-type coupling and synchronous coupling. Synchronous coupling accounts the largest proportion.
Geographically, the global magnetic couplings market has been segmented into USA, Europe, China, Asia (Ex China) and other. The USA held the largest share in the global magnetic couplings products market, its revenue of global market exceeds 38.5% in 201. The next is Europe and China. China being the most populous country has fast growing magnetic couplings market.

Major Market Players
EagleBurgmann, ABB, DST, Rexnord, Tridelta, CENTA, Dexter, MagnaDrive, Magnetic Technologies, JBJ, KTR Corporation, Ringfeder Power Transmission, MMC Magnetics, SDP&SI, OEP Couplings

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To calculate the market size, RRI Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
• Lift Magnetic Couplings
• Lockable Magnetic Couplings
• Swivel chair Magnetic Couplings
• Gas traction springs
• Damper
• Others
Segmentation by application:
• Aerospace
• Medical
• Furniture
• Industrial
• Automotive
• Others

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Research objectives
• To study and analyze the global Magnetic Couplings consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Magnetic Couplings market by identifying its various sub-segments.
• Focuses on the key global Magnetic Couplings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Magnetic Couplings with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Magnetic Couplings submarkets, with respect to key regions (along with their respective key countries).

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