Coupling Market - Forecasts from 2025 to 2030

The global coupling market is expected to grow at a CAGR of 3.68%, reaching a market size of US$1.45 billion in 2030 from US$1.21 billion in 2025.

Couplings are devices used to connect two shafts with the sole purpose of power transmission which makes them an integral part of energy transmission in industrial operations. Such devices finds application in automotive, mining, oil & gas and other sectors due to their high-performance features. Hence, the growing automotive industry, the increasing renewable energy, and the burgeoning oil and gas production followed by rising renewable energy adoption due to its environmental benefits and cost-effectiveness are propelling the global market expansion.

In September 2024, Flender demonstrated the gearbox, generator, and coupling devices in WindEnergy Hamburg for wind energy. The 10-megawatt gearbox for an onshore turbine measures 3.72 x 2.66 x 2.63 meters in length, width, and height. This weighs 57 tons in its original design.

Moreover, the increasing infrastructure development and rising demand for energy-efficient solutions is also fueling the coupling industry growth globally. In April 2023, Stock Drive Products/Sterling Instrument expanded their selection of flexible couplings to include the single disk type couplings (short type), series S50XHS, and the double disk type couplings, series S50XHWM. It can be used for a variety of equipment, such as welding machines,3-D printers, and high-precision CNC equipment. These factors collectively contribute to the couplings market's expansion.

Global Coupling Market Drivers

Rising global automotive production is set to improve the market growth

Coupling are used in automotive to prevent misalignment and transmit power from motor to drive shaft, thereby providing tolerance for errors during transmission. The growing demand for vehicles offering high-fuel economy, quality features and comfort has propelled the global production of automotive, for instance, according to the International Organization of motor vehicle manufacturers, in 2023, the worldwide automotive production witnessed 10% growth in comparison to preceding year, with cars manufacturing reaching 67,133,570 and commercial vehicles reaching 26,413,029.

Global Coupling Market geographical outlook

Asia-Pacific will continue to hold a considerable market share of global coupling market during the forecast period

Geographically, the global coupling market has been segmented into North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific.

During the forecast period, the Asia-Pacific is expected to constitute for a significant market share fueled by the booming industrial productivity in major regional economies namely China, India, Japan and South Korea. Moreover, the region also accounts 50% of global automotive production and with the implementation of various production-schemes such as "Made in China 2025," has further upgraded the manufacturing industry while continued investments in infrastructure propel the market further. Intelligent and durable couplings enabled by advanced materials and implemented Industry 4.0 technologies further play a significant role in boosting the market

Moreover, China accounted for nearly half the world's distributed PV growth in addition to becoming the leading installed capacity by 2021. The country also lead global growths inbiofuelproduction owing to the ethanol blending rollout and increase in a number of provinces, coupled with investments in production capacity. Such investment in renewable energy projects and biofuel production are acting as additional driving factors for the regional market expansion.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Global Coupling Market is analyzed into following segments:

By Type

• Sleeve Coupling
• Split Muff Coupling
• Gear Coupling
• Others

By Material

• Aluminum Alloy
• Stainless Steel
• Titanium

By End-User

• Automotive
• Power & Energy
• Mining
• Oil & Gas
• Others

By Geography

• North America
• South America
• Europe
• Middle East and Africa
• Asia-Pacific