Market Share of Industrial Couplings Industry
The Industrial Couplings Market is moderately consolidated, with few local and international players active in the market. With the market expected to broaden and yield more opportunities, more players are expected to enter the market soon. The key players in the market studied include KTR Systems, Siemens AG, and Emerson Electric Co., among others. These major players have adopted various growth strategies, such as new product launches, mergers and acquisitions, expansions, partnerships, joint ventures, and others, to strengthen their position in this market.
- June 2022 - KTR Systems GmbH announced the development of a new intermediate shaft coupling from the Rotex family. The shaft is made of aluminum and allows for shaft distances of up to 4,000 mm. The ROTEX ZRS is available in five sizes for torques up to 560 Nm.
Industrial Couplings Market Leaders
Altra Industrial Motion Corp.
Baker Hughes Company
Emerson Electric Co.
Siemens AG
Baldor Electric (ABB Ltd)
*Disclaimer: Major Players sorted in no particular order
