Global Rigid Sleeve Couplings Sales Market by Type (Elastomeric Couplings, Mechanical Couplings, Metallic Couplings), By Application (Oil and Gas Industry, Power Generation, Mining and Metals Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Rigid Sleeve Couplings Market size is projected to grow at a CAGR of 3.80% during the forecast period. The global rigid sleeve couplings market was valued at USD 1,237 million in 2017 and is expected to reach USD X, XXX million by 2028 with an estimated worth of USD 2,040 million in 2022.

Rigid Sleeve Couplings, also known as rigid rotary sleeves, are a type of mechanical coupling used to transmit torque and rotation between two shafts. These couplings usually have an outer sleeve with inner teeth that mesh with the teeth on one or more other rotating members called "rotor". The transmission capacity is defined by the number of rotor fingers engaged in this manner. Rigid sleeve couplings can be utilized for both dynamic applications where there is relative motion between the input and output shafts along with static applications where there is no such movement permitted.

On the basis of Type, the global rigid sleeve couplings market is segmented into Elastomeric Couplings, Mechanical Couplings, Metallic Couplings.

Elastomeric Couplings:

Elastomeric couplings are one type of rigid sleeve couplings. They consist of an elastomer with steel backers on both ends covered by two stainless steel caps, also known as hubs. The elastic member is sandwiched between the hub and backer to form a seal that resists high-pressure differential without leakage or contact damage. This coupling type can be used for liquid transport in industries like water treatment plants (wastewater), chemical processing industry (pipeline), and grain handling systems (grain auger).

Mechanical Couplings:

The Mechanical Coupling type of rigid sleeve couplings is made up of two components, which are connected to each other with the help of fasteners. These parts include a shaft and coupling body that can be rotated in relation to one another by means of gears & pins or rollers. The mechanical coupling types act as an alternative option for flexible couplings where both high-speed operation and high horsepower machines are used. This arrangement allows higher torque transfer without any shock at the time of startup or shutdown operations among different speeds/speeds during running status.

Metallic Couplings:

Metallic Couplings are an integral part of the shaft coupling system, which is used to transmit torque and motion between two or more rotating pieces. Metallic Coupling can also be classified as either rotary table couplings or thrust ball bearings depending on their application methods. It has the following features Metallic Couplings are made of metal and provide a high level of strength, durability and have low sensitivity to environmental conditions, It is available in different shapes which allow it for proper connections between shafts.

On the basis of Application, the global rigid sleeve couplings market is segmented into Oil and Gas Industry, Power Generation, Mining, and Metals Industry.

Oil And Gas Industry:

Rigid Sleeve Couplings are used in Oil and Gas Industry for heavy-duty applications carrying high loads with less noise. These couplings have superior properties to carry the load which can be up to more than 60 million lbs of torque or more, especially when they are installed on cranes and draglines. The major factors that help these couplers operate successfully are their capacity to endure vibrations when there is a transmission due to inertia forces at very low speeds such as in crane sails, draglines, etc., because body oscillations may cause an increase in temperature inside these rigid sleeve coupling’s housing making it prone to failure during operation under pressure. Rigid Sleeve Coupling helps reduce weight by 20% -40% compared to conventional flexible couplings.

Power Generation:

Rigid sleeve couplings are used in power generation systems for the transfer of torque, fluids, and electricity. The major applications include wind turbines, steam turbine generators (STGs), and gas turbine generators (GTGs). Rigid sleeve couplings connect two machines together in the Power Generation sector. These joints allow for relative movement between the shafts of these components while limiting vibration and preventing misalignment during operation.

Metals Industry:

Rigid Sleeve Couplings are used in the Metals Industry to transmit power and torque between shafts, bearings, or other rotating mechanical components. They reduce vibration by dampening torsional shear stress on rotating parts while allowing relative motion; connecting two shafts without fixed connection points. The couplings come with a number of features depending on their application. They can be widely employed across various applications such as conveyors, forges, rolling mills, and foundries of the metals industry.

On the basis of Region, the global rigid sleeve couplings market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is projected to hold the largest market share in the global rigid sleeve couplings market whereas Asia-Pacific is expected to witness the highest growth rate during the 2018–2028 period. In 2017, China was one of the most dominant countries in terms of consumption share due to an increase in manufacturing activities including power generation plants & mines across various regions. Moreover, a growing focus on developing infrastructure coupled with increasing government initiatives for economic growth have been driving factors for this region’s dominance over other geographies. . Europe accounted for a substantial revenue share in 2017 owing to its demand from major end-use industries such as oil and gas, power generation & mining. Rigid sleeve couplings are used extensively in the Middle East & Africa due to their high strength, durability, and reliability. Some of the major oil-producing countries in this region that use rigid sleeves for coupling include Saudi Arabia, Qatar, UAE, etc.

Growth Factors For The Global Rigid Sleeve Couplings Market:

The growth of the oil and gas industry, power generation, mining, and metals industries is a key factor driving growth for rigid sleeve couplings. The growing demand from these four sectors together with an increase in disposable income has led to increased spending on new equipment by end-users. In addition to this, technological advancements coupled with the increasing use of renewable energy systems are further fuelling market growth as they help minimize environmental impact during manufacturing processes such as those used for metal cutting. For instance, hybrid technology usage which combines solar-powered surface drilling rigs along with hydraulic fluid engines has been gaining popularity over conventional diesel engine-driven machines across regions such as North America and Europe owing to its efficiency advantages at a lower cost than traditional technologies without on performance levels.

Up Market Research published a new report titled “Rigid Sleeve Couplings Sales Market research report which is segmented by Types (Elastomeric Couplings, Mechanical Couplings, Metallic Couplings), By Applications (Oil and Gas Industry, Power Generation, Mining and Metals Industry), By Players/Companies Altra Industrial Motion, Regal Beloit, Rexnord, Ruland, Timken, Barmex, Chinabase Machinery, Climax Metal Products, ETP Transmission AB, JAKOB Antriebstechnik, NBK, Stafford Manufacturing, TSUBAKIMOTO CHAIN, Vulkan, Oren Elliott Products, HA-CO”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Rigid Sleeve Couplings Sales Market Report Segments:

The market is segmented by Type Elastomeric Couplings, Mechanical Couplings, Metallic Couplings and By Application Oil and Gas Industry, Power Generation, Mining and Metals Industry.

Some of the companies that are profiled in this report are:

1. Altra Industrial Motion
2. Regal Beloit
3. Rexnord
4. Ruland
5. Timken
6. Barmex
7. Chinabase Machinery
8. Climax Metal Products
9. ETP Transmission AB
10. JAKOB Antriebstechnik
11. NBK
12. Stafford Manufacturing
13. TSUBAKIMOTO CHAIN
14. Vulkan
15. Oren Elliott Products
16. HA-CO

Rigid Sleeve Couplings Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Rigid Sleeve Couplings Sales Market

Overview of the regional outlook of the Rigid Sleeve Couplings Sales Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Rigid Sleeve Couplings Sales Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Rigid Sleeve Couplings Sales Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Elastomeric Couplings

                2. Mechanical Couplings

                3. Metallic Couplings

                1. Oil and Gas Industry

                2. Power Generation

                3. Mining and Metals Industry

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Rigid Sleeve Couplings Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
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Reasons to Purchase the Rigid Sleeve Couplings Sales Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.