LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global elastomeric couplings market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
Elastomeric couplings are generally made up of non-metallic elements such as rubber, plastic, and urethane. They are accepted in industries owing to their non-requirement of lubrication and elimination of maintenance services. They offer ease of installation and visual inspection, which increases their demand among most industry owners for implementation within the rotational equipment.
Sushmit Chakraborty, a lead analyst from Technavio, specializing in research on automation sector, says, “Suppliers provide raw materials such as rubber, plastic, or urethane for the manufacture of the body of couplings. Suppliers form the basic platform of the value chain analysis. In addition, suppliers also provide nuts, bolts, and keys, which completes the structure.”
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The top three emerging trends driving the global elastomeric couplings market according to Technavio research analysts are:
- Emergence of couplings with a wide range of torsional stiffness
- Couplings for runout table application
- Mergers and acquisitions in the couplings market
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Emergence of couplings with a wide range of torsional stiffness
The elastomeric couplings have always faced trouble in terms of torsional stiffness. However, with the emergence of new couplings with torsional stiffness and high torque transmission, elastomeric couplings are expected to witness a greater demand during the forecast period. These features are offered in a compact package, with variance in coupling size.
“Resonance generally occurs when the operating frequency of the system becomes equal to the natural frequency. The resonance is determined largely based on the moment of inertia and the stiffness of the engine, rotating output shaft, couplings, and the driven load,” according to Sushmit.
Couplings for runout table application
With the increase in industrialization, the use of adjustable speed AC motors and frequency drives have increased. In the past, DC runout systems were widely accepted, irrespective of the maintenance and performance problems. Runout tables traditionally used to deploy DC power supplies and DC motors (permanent magnet) for speed control.
The elastomeric couplings are preferred for such applications for their performance. These couplings have several unique features such as no lubrication, easy installation, and easy replacement without disturbing the connected equipment. In addition, the main factor for choosing such couplings is the presence of unique metal seal design in the couplings.
Mergers and acquisitions in the couplings market
There is significant consolidation in the power transmission and coupling manufacturing business. Major vendors have tried enlarging their product portfolios while gaining access to new markets and expanding their customer base. Most of the vendors are focused on the acquisition of their peers.
Few major companies, such as Regal Beloit and Altra Industrial Motion, have indicated simplification of operations by reducing the number of manufacturing units and increasing the capacity of other units. Regal Beloit had already merged with six of the factories and existing warehouses during the financial year 2015-2016.
The key vendors are as follows:
- Altra Industrial Motion
- Regal Beloit
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