Automotive Coupling Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
- Transparency Market Research
Couplings are used to join to power transmitting components. Couplings can be rigid or flexible. Rigid couplings do not allow any misalignment between the joining components. Whereas the flexible couplings used in an automotive are designed to permit some degree of misalignment to acclimatize change in positions of power transmitting shafts. Nonetheless Couplings are used to connect two axles, two components, or two shafts of differently manufactured components, to transfer the power even when shafts are not aligned properly. Although, advanced couplings performs the chore of reduce shocks while transmitting power from one shaft to another, to provide protection against overloading, to reduce vibrations in shafts, and to disconnect when needed or overloaded. In an automobile, high reliability of its mechanical components is crucial so as to avoid accidents or injuries. Coupling are the key components of an automobile. If a coupling fails to perform its task, the vehicle will not be able to function. Therefore, it is indispensable to select the material for coupling judiciously.
Increase in demand for automobiles, continuous research and development undertaken by manufacturers in the field of coupling materials, development of new technologies and their integration with mechanical components, and preference of compact size in vehicles are anticipated to drive the coupling market for automotive during the forecast period. Consumption of couplings is projected to increase in proportion to the rise in demand for automobiles in the market. Another key driver of the coupling market is the capability of the material to adapt the change in the alignment of the shafts. As the shafts cannot be in line all the time, misalignment or movement of the shafts needs to be allowed for the hassle-free working of the vehicle.
Cost of maintenance is a key restraint of the coupling market for automotive. Frequent maintenance is essential for the proper working of couplings. Nonetheless, preference of compactness, stringent CO2 emission norms, and continuous research and development activities in the field of material technology are projected to provide numerous opportunities to the coupling market for automotive.
The coupling market for automotive can be segmented based on type, position, material, vehicle, and region. In terms of type, the coupling market for automotive can be divided into two categories. Flexible couplings are preferred over other type of the coupling as they are capable of adapting certain degree of misalignment between two connecting shafts. Based on position, the coupling market for automotive can be categorized into four segments. Propeller shaft-based couplings are used for connecting the powertrain with the differential. These are generally connected with the help of universal couplings.
Based on material, the coupling market for automotive can be classified into three categories. Cast iron-made couplings possess high strength and are therefore preferred to other materials. In terms of vehicle, the coupling market for automotive can be bifurcated into three segments. The heavy commercial vehicles segment employs large-sized couplings, mainly made of cast iron. Demand for couplings is expected to rise corresponding to the increase in demand for heavy commercial vehicles.
Based on region, the coupling market for automotive can be segmented into five prominent regions. Demand for vehicles in Asia Pacific is on the rise due to the increased purchasing capacity of people. This, in turn, is estimated to propel the market for couplings for automotive. In Countries in Asia such as India, China, and Japan are leading in the demand for vehicles.
Key players operating in the coupling market for automotive include Dana Limited, BorgWarner Inc., Nexteer Automotive, Suddeutsche Gelenkscheibenfabrik GmbH & Co. KGis, CO.R.A. S.r.l. , and Superior Driveline. Dana Limited is a global leader in providing highly engineered solutions for powered vehicles and machinery.
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