The Latin America, Middle East and Africa High Flexible Coupling Market would witness market growth of 7.5% CAGR during the forecast period (2023-2030).
Industry 4.0 can improve the manufacturing sector's sustainability, energy efficiency, and productivity. Decreasing downtime and maintenance expenses boosts productivity. For Industry 4.0 to be adopted more quickly, many improvements are ongoing. For instance, 13 new manufacturing facilities have joined the Lighthouse Network of the World Economic Forum as pioneers in implementing technologies from the Fourth Industrial Revolution to boost productivity and efficiency.
The Colombian government further announced intentions to broaden the transmission line in the nation's north in December 2022 to connect 3,000 MW of renewable energy. Due to the region's growing urbanization, broad appliance use, and other technical improvements, there is a rising need for power, which is the cause of these energy-generating operations. Moreover, the demand is expected to increase in the Middle East and Africa as they are utilized in pumps, drilling rigs, and other equipment in the oil and gas industry. The region has seen consistent investment growth, and new initiatives have been implemented to boost upstream production and downstream processing. Thus, the regional market expansion is boosted by these industries' increased need for High Flexible Couplings in these sectors.
The Brazil market dominated the LAMEA High Flexible Coupling Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $59.9 million by 2030. The Argentina market is experiencing a CAGR of 8.1% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 7.2% during (2023 - 2030).
Based on Industry, the market is segmented into Oil & Gas, Automotive, Power Generation and Others. Based on Material, the market is segmented into Steel, Rubber and Others. Based on Type, the market is segmented into Elastomeric Couplings, Disc Coupling, Grid Coupling, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide High Flexible Coupling Market is Projected to reach USD 3 Billion by 2030, at a CAGR of 4.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Timken Company, Kawasaki Heavy Industries, Ltd., Regal Rexnord Corporation (Stromag), VULKAN Group (Hackforth Holding GmbH & Co. KG), ComInTec S.r.l, RENK GmbH, KTR Systems GmbH, Renold plc, Ortlinghaus-Werke GmbH and Flender AG.
Scope of the Study
Market Segments Covered in the Report:
By Industry
- Oil & Gas
- Automotive
- Power Generation
- Others
By Material
By Type
- Elastomeric Couplings
- Disc Coupling
- Grid Coupling
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- The Timken Company
- Kawasaki Heavy Industries, Ltd.
- Regal Rexnord Corporation (Stromag)
- VULKAN Group (Hackforth Holding GmbH & Co. KG)
- ComInTec S.r.l
- RENK GmbH
- KTR Systems GmbH
- Renold plc
- Ortlinghaus-Werke GmbH
- Flender AG
TABLE 1 LAMEA High Flexible Coupling Market, 2019 - 2022, USD Million
TABLE 2 LAMEA High Flexible Coupling Market, 2023 - 2030, USD Million
TABLE 3 LAMEA High Flexible Coupling Market by Industry, 2019 - 2022, USD Million
TABLE 4 LAMEA High Flexible Coupling Market by Industry, 2023 - 2030, USD Million
TABLE 5 LAMEA Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Power Generation Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Power Generation Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA High Flexible Coupling Market by Material, 2019 - 2022, USD Million
TABLE 14 LAMEA High Flexible Coupling Market by Material, 2023 - 2030, USD Million
TABLE 15 LAMEA Steel Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Steel Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Rubber Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Rubber Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA High Flexible Coupling Market by Type, 2019 - 2022, USD Million
TABLE 22 LAMEA High Flexible Coupling Market by Type, 2023 - 2030, USD Million
TABLE 23 LAMEA Elastomeric Couplings Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Elastomeric Couplings Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Disc Coupling Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Disc Coupling Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Grid Coupling Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Grid Coupling Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA High Flexible Coupling Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA High Flexible Coupling Market by Country, 2023 - 2030, USD Million
TABLE 33 Brazil High Flexible Coupling Market, 2019 - 2022, USD Million
TABLE 34 Brazil High Flexible Coupling Market, 2023 - 2030, USD Million
TABLE 35 Brazil High Flexible Coupling Market by Industry, 2019 - 2022, USD Million
TABLE 36 Brazil High Flexible Coupling Market by Industry, 2023 - 2030, USD Million
TABLE 37 Brazil High Flexible Coupling Market by Material, 2019 - 2022, USD Million
TABLE 38 Brazil High Flexible Coupling Market by Material, 2023 - 2030, USD Million
TABLE 39 Brazil High Flexible Coupling Market by Type, 2019 - 2022, USD Million
TABLE 40 Brazil High Flexible Coupling Market by Type, 2023 - 2030, USD Million
TABLE 41 Argentina High Flexible Coupling Market, 2019 - 2022, USD Million
TABLE 42 Argentina High Flexible Coupling Market, 2023 - 2030, USD Million
TABLE 43 Argentina High Flexible Coupling Market by Industry, 2019 - 2022, USD Million
TABLE 44 Argentina High Flexible Coupling Market by Industry, 2023 - 2030, USD Million
TABLE 45 Argentina High Flexible Coupling Market by Material, 2019 - 2022, USD Million
TABLE 46 Argentina High Flexible Coupling Market by Material, 2023 - 2030, USD Million
TABLE 47 Argentina High Flexible Coupling Market by Type, 2019 - 2022, USD Million
TABLE 48 Argentina High Flexible Coupling Market by Type, 2023 - 2030, USD Million
TABLE 49 UAE High Flexible Coupling Market, 2019 - 2022, USD Million
TABLE 50 UAE High Flexible Coupling Market, 2023 - 2030, USD Million
TABLE 51 UAE High Flexible Coupling Market by Industry, 2019 - 2022, USD Million
TABLE 52 UAE High Flexible Coupling Market by Industry, 2023 - 2030, USD Million
TABLE 53 UAE High Flexible Coupling Market by Material, 2019 - 2022, USD Million
TABLE 54 UAE High Flexible Coupling Market by Material, 2023 - 2030, USD Million
TABLE 55 UAE High Flexible Coupling Market by Type, 2019 - 2022, USD Million
TABLE 56 UAE High Flexible Coupling Market by Type, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia High Flexible Coupling Market, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia High Flexible Coupling Market, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia High Flexible Coupling Market by Industry, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia High Flexible Coupling Market by Industry, 2023 - 2030, USD Million
TABLE 61 Saudi Arabia High Flexible Coupling Market by Material, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia High Flexible Coupling Market by Material, 2023 - 2030, USD Million
TABLE 63 Saudi Arabia High Flexible Coupling Market by Type, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia High Flexible Coupling Market by Type, 2023 - 2030, USD Million
TABLE 65 South Africa High Flexible Coupling Market, 2019 - 2022, USD Million
TABLE 66 South Africa High Flexible Coupling Market, 2023 - 2030, USD Million
TABLE 67 South Africa High Flexible Coupling Market by Industry, 2019 - 2022, USD Million
TABLE 68 South Africa High Flexible Coupling Market by Industry, 2023 - 2030, USD Million
TABLE 69 South Africa High Flexible Coupling Market by Material, 2019 - 2022, USD Million
TABLE 70 South Africa High Flexible Coupling Market by Material, 2023 - 2030, USD Million
TABLE 71 South Africa High Flexible Coupling Market by Type, 2019 - 2022, USD Million
TABLE 72 South Africa High Flexible Coupling Market by Type, 2023 - 2030, USD Million
TABLE 73 Nigeria High Flexible Coupling Market, 2019 - 2022, USD Million
TABLE 74 Nigeria High Flexible Coupling Market, 2023 - 2030, USD Million
TABLE 75 Nigeria High Flexible Coupling Market by Industry, 2019 - 2022, USD Million
TABLE 76 Nigeria High Flexible Coupling Market by Industry, 2023 - 2030, USD Million
TABLE 77 Nigeria High Flexible Coupling Market by Material, 2019 - 2022, USD Million
TABLE 78 Nigeria High Flexible Coupling Market by Material, 2023 - 2030, USD Million
TABLE 79 Nigeria High Flexible Coupling Market by Type, 2019 - 2022, USD Million
TABLE 80 Nigeria High Flexible Coupling Market by Type, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA High Flexible Coupling Market, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA High Flexible Coupling Market, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA High Flexible Coupling Market by Industry, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA High Flexible Coupling Market by Industry, 2023 - 2030, USD Million
TABLE 85 Rest of LAMEA High Flexible Coupling Market by Material, 2019 - 2022, USD Million
TABLE 86 Rest of LAMEA High Flexible Coupling Market by Material, 2023 - 2030, USD Million
TABLE 87 Rest of LAMEA High Flexible Coupling Market by Type, 2019 - 2022, USD Million
TABLE 88 Rest of LAMEA High Flexible Coupling Market by Type, 2023 - 2030, USD Million
TABLE 89 Key Information – Renold plc
TABLE 90 Key Information – Regal Rexnord Corporation
TABLE 91 Key Information – the timken company
TABLE 92 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 93 Key Information – KTR Systems GmbH
TABLE 94 Key Information –Flender AG
TABLE 95 Key Information – RENK GmbH
TABLE 96 Key Information – VULKAN Technologies Pvt. Ltd.
TABLE 97 Key Information – ComInTec S.r.l
TABLE 98 Key Information – Ortlinghaus-Werke GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA High Flexible Coupling Market share by Industry, 2022
FIG 3 LAMEA High Flexible Coupling Market share by Industry, 2030
FIG 4 LAMEA High Flexible Coupling Market by Industry, 2019 - 2030, USD Million
FIG 5 LAMEA High Flexible Coupling Market share by Material, 2022
FIG 6 LAMEA High Flexible Coupling Market share by Material, 2030
FIG 7 LAMEA High Flexible Coupling Market by Material, 2019 - 2030, USD Million
FIG 8 LAMEA High Flexible Coupling Market share by Type, 2022
FIG 9 LAMEA High Flexible Coupling Market share by Type, 2030
FIG 10 LAMEA High Flexible Coupling Market by Type, 2019 - 2030, USD Million
FIG 11 LAMEA High Flexible Coupling Market share by Country, 2022
FIG 12 LAMEA High Flexible Coupling Market share by Country, 2030
FIG 13 LAMEA High Flexible Coupling Market by Country, 2019 - 2030, USD Million
FIG 14 Recent strategies and developments: KTR Systems GmbH
FIG 15 Recent strategies and developments: Flender AG