The diaphragm coupling in turbo machinery market size is expected to see strong growth in the next few years. It will grow to $6.44 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to rising safety standards, rise in industrial automation, demand from energy sector, focus on machinery efficiency, expansion of manufacturing sectors. Major trends in the forecast period include customization for specific applications, precision and performance, innovative high-speed machinery, advancements in material technology.
The anticipated growth in the diaphragm coupling in the turbo machinery market is expected to be fueled by the demand for high-performance equipment. High-performance diaphragm couplings, designed to handle misalignment based on the thickness distribution of the diaphragm, play a crucial role in applications such as oil and gas turbines. In this context, they transmit power from the compressor to the turbine and absorb displacement for proper torque transmission. An illustrative example is the performance reported by Volvo Construction Equipment in January 2023, which indicated a 27% increase in net sales in the fourth quarter of 2022, totaling SEK 27.59 billion ($21,812 million). This growth was attributed to contributions from both machine sales and the service sector. Adjusted for currency changes, net sales witnessed a 13% increase, with net machine sales rising by 15%. The demand for high-performance equipment in the oil and gas industry stands out as a significant driver behind the growth of diaphragm couplings in the turbo machinery market.
The increasing focus on renewable energy integration is expected to contribute to the growth of diaphragm couplings in the turbo machinery market. Renewable energy integration involves the incorporation of sources such as wind, solar, geothermal, and hydroelectric power into the existing electric grid. Diaphragm couplings emerge as a favorable choice for renewable energy applications, including solar and wind power, owing to their features such as low backlash, low vibration transmission, high torque capacity, and sustainability benefits. According to the Energy Information Administration, it is anticipated that 16% of total energy generation in 2023 will come from renewable sources such as wind and solar, up from 14% in 2022. The increasing focus on renewable energy integration is thus driving the growth of diaphragm couplings in the turbo machinery market.
Product innovation is a significant trend gaining traction in the diaphragm coupling segment of the turbomachinery market. Leading companies in this sector are creating innovative products to maintain their competitive edge. For example, in April 2024, SKF, a Sweden-based company, launched a series of diaphragm couplings designed to offer cost-effective, lubrication-free operation for high-torque applications with medium torsional stiffness. These couplings are available in various configurations, including single and double disc designs, and can be installed in both horizontal and vertical orientations, supporting load capacities of up to 178 kNm. Made with all-steel mechanical components, SKF diaphragm couplings ensure reliable performance and are particularly suited for high-speed applications due to their two-plane dynamic balance.
The increasing demand within the oil and gas industry is anticipated to be a driving force behind the growth of diaphragm couplings in the turbomachinery market. The oil and gas industry encompasses various operations related to the exploration, extraction, refining, transportation, and marketing of petroleum products. In this industry, equipment often faces misalignments due to factors such as ground settling, thermal expansion, or vibrations. Diaphragm couplings, recognized for their flexibility in accommodating both angular and parallel misalignments, play a crucial role in ensuring the proper functioning of turbomachinery in dynamic environments. For instance, as of November 2023, the UAE was reported to produce an average of 3.2 million barrels of petroleum and liquids per day, emphasizing the substantial demand in the oil and gas sector.
In April 2023, Regal Rexnord Corporation, a US-based manufacturer specializing in power transmission components and electric motors, acquired Altra Industrial Motion Corp. for an undisclosed amount. This acquisition is positioned to broaden, diversify, and enhance Regal Rexnord Corporation's product portfolio. The collaboration between the two companies aims to improve the existing automation product portfolio and provide high-value offerings to customers. Altra Industrial Motion Corp., the acquired entity, is a US-based manufacturer specializing in diaphragm couplings, brakes, clutches, and other power transmission products.
Major companies operating in the diaphragm coupling in turbo machinery market include Regal-Beloit Corporation, John Crane Inc., Eagle Industry Co. Ltd., Rbk Drive Elements Limited, Rsv Industries India Pvt. Ltd., Voith GmbH & Co. KGaA, Goodrich Industrial Couplings Corporation, Suoda Coupling Co. Ltd., SBPT Technologies Pvt. Ltd., Ruland Manufacturing Co., Bibby Turboflex Limited, Rathi Transpower Pvt. Ltd., Flender GmbH, Altra Industrial Motion Corp., R+W Coupling Technology, Kupplungstechnik GmbH, Siemens AG, Rexnord Corporation, Renold Plc, Huco Dynatork, Mayr GmbH, Nabeya Bi-tech Kaisha Ltd., Miki Pulley Co. Ltd., Helical Products Company Inc., Zero-Max Inc., GAM Enterprises Inc., ComInTec S.r.l., Reich-Kupplungen Dipl.-Ing. Herwarth Reich GmbH.
North America was the largest region in the diaphragm coupling in turbo machinery market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global diaphragm coupling in turbo machinery market during the forecast period. The regions covered in the diaphragm coupling in turbo machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the diaphragm coupling in turbo machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A diaphragm coupling is a flexible coupling used in turbo machinery to transfer torque between two shafts that may experience slight misalignment. This coupling design consists of two sets of thin metallic diaphragms that are bolted together to form a series of corrugations.
There are different types of diaphragm couplings utilized in turbo machinery, mainly categorized as single diaphragm and double/multiple diaphragm couplings. A single diaphragm coupling is a flexible coupling specifically designed to transmit torque between two rotating shafts that may be slightly misaligned. These couplings find applications in various energy equipment such as drilling equipment, turbine drives, compressors, and other turbo machinery. They are constructed using materials such as metal diaphragms, plastic diaphragms, and others, making them suitable for diverse applications across industries such as power, oil and gas, chemicals, transportation, and more.
The diaphragm coupling in turbo machinery market research report is one of a series of new reports that provides diaphragm coupling in turbo machinery market statistics, including the diaphragm coupling in turbo machinery industry global market size, regional shares, competitors with a diaphragm coupling in turbo machinery market share, detailed diaphragm coupling in turbo machinery market segments, market trends, and opportunities, and any further data you may need to thrive in the diaphragm coupling in turbomachinery industry. This diaphragm coupling in turbo machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The diaphragm coupling in the turbo machinery market consists of sales of multiple straight diaphragms and multiple convoluted diaphragms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Diaphragm Coupling in Turbo Machinery Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on diaphragm coupling in turbo machinery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for diaphragm coupling in turbo machinery? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The diaphragm coupling in turbo machinery market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Single Diaphragm; Double and Multiple Diaphragm2) By Material Type: Metal Diaphragm Coupling; Plastic Diaphragm Coupling; Other Materials
3) By Application: Power; Oil and Gas; Chemicals; Transportation; Other Applications
Subsegments:
1) By Single Diaphragm: Standard Single Diaphragm Couplings; High-Performance Single Diaphragm Couplings; Custom Single Diaphragm Solutions2) By Double and Multiple Diaphragm: Double Diaphragm Couplings; Multiple Diaphragm Couplings; High-Load Double Diaphragm Couplings; Custom Double and Multiple Diaphragm Solutions
Key Companies Mentioned: Regal-Beloit Corporation; John Crane Inc.; Eagle Industry Co. Ltd.; Rbk Drive Elements Limited; Rsv Industries India Pvt. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Regal-Beloit Corporation
- John Crane Inc.
- Eagle Industry Co. Ltd.
- Rbk Drive Elements Limited
- Rsv Industries India Pvt. Ltd.
- Voith GmbH & Co. KGaA
- Goodrich Industrial Couplings Corporation
- Suoda Coupling Co. Ltd.
- SBPT Technologies Pvt. Ltd.
- Ruland Manufacturing Co.
- Bibby Turboflex Limited
- Rathi Transpower Pvt. Ltd.
- Flender GmbH
- Altra Industrial Motion Corp.
- R+W Coupling Technology
- Kupplungstechnik GmbH
- Siemens AG
- Rexnord Corporation
- Renold Plc
- Huco Dynatork
- Mayr GmbH
- Nabeya Bi-tech Kaisha Ltd.
- Miki Pulley Co. Ltd.
- Helical Products Company Inc.
- Zero-Max Inc.
- GAM Enterprises Inc.
- ComInTec S.r.l.
- Reich-Kupplungen Dipl.-Ing. Herwarth Reich GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 5.05 Billion |
Forecasted Market Value ( USD | $ 6.44 Billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Global |
No. of Companies Mentioned | 28 |