Shaft Coupling Market

Shaft coupling market: enjoy the latest info featured by an Ai-driven market intelligence platform. Data include production, consumption, companies, imports, market size, market prices, exports, and trade. Here is a breakdown by country, including Russia, Latin America, the Middle East, the U.S., EU, China, the U.K., and Africa. Market insights and outlook to 2030 are also provided in the snapshots.


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Shaft Coupling - World's Largest Markets

RatingCountry
1United States
2China
3India
4Mexico
5Indonesia

In value terms, the United States led the market, alone. The second position in the ranking was occupied by China. It was followed by India.

In the United States, the shaft coupling market plunged by an average annual rate of -6.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (-4.7% per year) and India (-1.4% per year).

Shaft Coupling Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Japan675766265974-6.0%
China8311823984791.0%
Belgium156591889815593-0.2%
Netherlands1484614059164045.1%
Czech Republic11719128161691020.1%
India14452160631777610.9%
United Kingdom1696819114180703.2%
Canada239312391318891-11.2%
Germany1950619482231208.9%
France24542293563226414.7%
United States417914013832408-11.9%
Average1468515372161044.7%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($32,408 per ton), while Japan ($5,974 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
France3203734271338832.8%
Canada423214239130543-15.0%
Russia245381667023322-2.5%
Netherlands2073120844232856.0%
China307072739322937-13.6%
United Kingdom1943318896208293.5%
Germany1674219189184074.9%
United States257672568917738-17.0%
India204891640116602-10.0%
Sweden262212092915917-22.1%
Mexico288282955815120-27.6%
Czech Republic1269813667131191.6%
Denmark10961109526252-24.5%
Average230782207720330-6.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($33,883 per ton), while Denmark ($6,252 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Shaft Coupling - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.40.40.4-8.1%
China0.20.20.310.3%
Mexico0.20.20.2-0.2%
Germany0.20.20.1-20.6%
France0.10.090.14.4%

In value terms, the largest shaft coupling importing markets worldwide were the United States ($363M), China ($270M) and Mexico ($182M), together accounting for 29% of global imports. These countries were followed by Germany, France, Russia, Canada, India, the Netherlands, Sweden, the UK, the Czech Republic and Denmark, which together accounted for a further 28%.

In terms of the main importing countries, Sweden recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Shaft Coupling - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany0.80.80.7-4.4%
China0.30.30.43.6%
United States0.40.40.4-8.4%
Japan0.20.20.1-17.0%
Canada0.10.10.1-7.5%

In value terms, Germany ($732M) remains the largest shaft coupling supplier worldwide, comprising 28% of global exports. The second position in the ranking was occupied by China ($364M), with a 14% share of global exports. It was followed by the United States, with a 13% share.

In Germany, shaft coupling exports shrank by an average annual rate of -4.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (+3.6% per year) and the United States (-8.4% per year).

Shaft Coupling - Market Forecast

Driven by rising demand for shaft coupling worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Shaft Coupling - Top Companies

ZF Friedrichshafen AG, POWER HOLDING COMPANY OF NIGERIA, MINEBEA MITSUMI INC., THK CO., LTD., TSUBAKIMOTO CHAIN CO., KEC INTERNATIONAL LIMITED, GETRAG FORD Transmissions GmbH, Altra Industrial Motion Corp., Neapco Holdings, LLC, Schaeffler Kysuce, spol. s r.o., Shenzhen Gonghui Precision Machinery Co.,Ltd., IMS Gear SE & Co. KGaA, Rexnord Industries, LLC, HARMONIC DRIVE SYSTEMS INC., RENK AKTIENGESELLSCHAFT, TSUBAKI NAKASHIMA CO.,LTD., S-Power Co., Ltd., DAIDO KOGYO CO., LTD., Dongfang Electronics Co., Ltd., Liebherr-Components Biberach GmbH

Shaft Coupling - Product Coverage

  • HS 848360 - Clutches and shaft couplings (including universal joints)
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World - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global shaft coupling market.

South-Eastern Asia - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the shaft coupling market in South-Eastern Asia.

Eastern Asia - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the shaft coupling market in Eastern Asia.

Southern Asia - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the shaft coupling market in Southern Asia.

Latin America and the Caribbean - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the shaft coupling market in Latin America and the Caribbean.

Africa - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the shaft coupling market in Africa.

Middle East - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the shaft coupling market in the Middle East.

Central Asia - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the shaft coupling market in Central Asia.

Australia and Oceania - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the shaft coupling market in Australia and Oceania.

Northern America - Clutches and Shaft Couplings - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the shaft coupling market in Northern America.

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