The top notch Torque Limiter Market research report acts as a strong backbone for this industry with which it can outdo the competition. The market is supposed to witness growth during the forecast period due to growing demand at the end user level. This business report comprehensively studies consumption or sales of the market, focuses on the top players with respect to sales, price, revenue and market share (volume and value) for each region. Analysis of consumer needs by major regions, types, applications in global market by considering the past, present and future state of the industry has been conducted. All the market drivers and restraints in the universal Torque Limiter report have been derived using SWOT analysis.
The competitive analysis of the major market players studied in the world class Torque Limiter report, assists businesses take better moves for improving their product and sales. The market survey report explains strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and their strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions which are vital for the businesses to take better steps to improve their strategies and thereby effectively retail goods and services. Thus, the consistent and extensive market information of Torque Limiter business report will definitely help grow business and improve return on investment (ROI).
Data Bridge Market Research analyses that the global torque limiter market is expected to reach the value of USD 401,488.91 thousand by 2030, at a CAGR of 5.2% during the forecast period. The torque limiter market report also covers pricing analysis, patent analysis, and technological advancements in depth.
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Key Players Mentioned in the Torque Limiter Market Research Report:
Altra Industrial Motion Corp., Chr. Mayr GmbH + Co. KG, KTR Systems GmbH, R+W Antriebselemente GmbH, Nexen Group, Inc., Howdon Power Transmission Limited, TSUBAKIMOTO CHAIN CO., RINGSPANN GmbH, Cross+Morse, TOK, inc., Miki Pulley Co., Ltd, Regal Rexnord Corporation, Hersey Clutch Company, ComInTec S.r.l., Compomac Spa, Great Tong Ling Enterprise Co., Ltd. (GTL), Geartronics Incorporated, ZETASASSI SRL, Andantex USA Inc., SIT S.p.A., Maschinenfabrik Mönninghoff GmbH & Co. KG, The Carlyle Johnson Machine Company, LLC., Fenner Drives, Inc., Dalton Gear Company, MACH III CLUTCH, INC., and Nu-Teck Couplings Pvt. Ltd. among others.
Regions and Countries: U.S, Canada, France, Germany, UK, Italy, Rest of Europe, India, China, Japan, Singapore, South Korea, Australia, Rest of APAC, Brazil, Mexico, Argentina, Rest of LATAM, Saudi Arabia, South Africa, UAE.
Global Torque Limiter Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail as below:
Drivers
- High adoption of torque limiter in the aerospace industry
The success of every electric and future electric aircraft depends upon the safety and dependability of electrical actuators (EA). By limiting the amount of torque that the actuator drive train components are subjected to, torque limiters increase the reliability of electromechanical actuators (EMA). If the shaft's transmitted torque surpasses a certain threshold, the shaft gives way gradually. This protects against the potential failure and jamming of the actuator.
- Emergence of EVs and their torque limiter system
The automotive industry has grown enormously due to the rising demand for luxurious electric vehicles. Most electric vehicles (EVs) come as battery electric vehicles, which use a battery to store the electrical energy that powers the vehicles. Some of the factors driving the sales of electric vehicles include stringent government regulations towards vehicle emissions and increasing demand for fuel-efficiency, high-performance, and low-emission vehicles. This adds to the adoption of electric vehicles as all-electric vehicles are zero-emission, thus effectively minimizing carbon emissions.
Opportunity
- Rising trends for the packaging industry across the globe
The power of packaging is gaining importance in different industries such as food, pharmaceutical, cosmetics, and many others. As the packaging represents brand recognition and heavily influences consumer-buying behavior. Moreover, the packaging industry is going automated over the years. Automation involves the usage of robots for handling products in the packaging process. These robots move the products at different stages and are held for the required time. However, the automation equipment uses robots, which in turn use motors and gears to control the motion of the conveyors and the products. Thus, automation has helped the packaging industry to gain more importance.
Restraint/Challenge
- The low product lifetime of the torque limiter
A torque limiter, often an overload clutch, is a straightforward machine that safeguards mechanical equipment against damage. This is one of the most useful devices for vehicles, aircraft, conveyor belts, and many other motored mechanisms. On the other hand it too has a negative side.
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Recent Development
- In November 2023, Altra Industrial Motion Corp. announced they had launched a brand-new SIL3/Ple Brake System Flyer. It is an advanced braking system technology that provides enhanced safety performance required to meet demanding safety regulations on applications, including people moving and lifting equipment. The company will attract more customers and expand its product portfolio through this product launch.
- In September 2019, Chr. Mayr GmbH + Co. KG. launched Intelligent safety for small brakes. It has power transmission and is not only able to monitor and supply safety brakes without the use of sensors. It also supplies data and therefore provides intelligent safety. Through this product, the company has attracted more customers and expanded its product portfolio.
Market Key Benefits over Competitors:
- The report provides a qualitative and quantitative analysis of the Torque Limiter market trends, forecasts, and market size to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analysed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the Torque Limiter industry.
Based on the Projection Torque Limiter industry Market Segmentations:
BY Type
- Friction Torque Limiter
- Balls/Rollers Torque Limiter
- Shear Pin
- Hydraulic
- Magnetic
- Electronic
- Others
On the basis of type, the global torque limiter market is segmented into friction torque limiter, balls/rollers torque limiter, shear pin, magnetic, hydraulic, electronic, and others.
BY Torque Range
- 501 to 3,000 NM
- 151 to 500 NM
- Greater than 3,000 NM
- Less than 150 NM
On the basis of the torque range, the global torque limiter market is segmented into 501 to 3,000 Nm, 151 to 500 Nm, greater than 3,000 Nm, and less than 150 Nm.
BY Bore Range
- 55 mm – 92 mm
- Upto 55 mm
- 93 mm – 150 mm
- More than 150 mm
On the basis of the bore range, the global torque limiter market has been segmented into 55 mm – 92 mm, upto 55 mm, 93 mm – 150 mm, and more than 150 mm.
BY Drive Arrangement
- Coupling
- Pilot Mount
On the basis of drive arrangement, the global torque limiter market is segmented into coupling and pilot mount.
BY Design
- Slip Clutch
- Disconnect Torque Limiter
On the basis of design, the global torque limiter market is segmented into slip clutch and disconnect torque limiter.
BY Application
- Conveyors
- Gearboxes
- Generators
- Motor
On the basis of application, the global torque limiter market is segmented into conveyors, gearboxes, generators, and motor.
BY End-User
- Aerospace & Defense
- Packaging and labelling
- Paper and printing
- Transportation
- Metal Industry
- Mining Industry
- Energy and power
- Farm & Agriculture
- Food and beverages
- Textiles
- Plastic and rubber
- Medical & Surgical Tools
- Water & Wastewater
Towed & Bottom-Crawling Vehicle Full Colour Report Objectives
- Analyzing the size of the Torque Limiter market on the basis of value and volume
- Accurately calculating the market shares, consumption, and other vital factors of different segments of the Torque Limiter market
- Exploring key dynamics of the Torque Limiter market
- Highlighting important trends of the Torque Limiter market in terms of production, revenue, and sales
- Deeply profiling top players of the Torque Limiter market and showing how they compete in the industry
- Studying manufacturing processes and costs, product pricing, and various trends related to them
- Showing the performance of different regions and countries in the Torque Limiter market
- Forecasting the market size and share of all segments, regions, and the market.
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Table of Contents
Report Overview: It includes major players of the Torque Limiter market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.
Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Torque Limiter market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Torque Limiter market are discussed.
Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
Market Size by Application: Besides an overview of the Torque Limiter market by application, it gives a study on the consumption in the Torque Limiter market by application.
Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.
Company Profiles: Almost all leading players of the Torque Limiter market are profiled in this section. The analysts have provided information about their recent developments in the Torque Limiter market, products, revenue, production, business, and company.
Market Forecast by Production: The production and production value forecasts included in this section are for the Torque Limiter market as well as for key regional markets.
Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the Torque Limiter market as well as for key regional markets.
Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the Torque Limiter market.
Key Findings: This section gives a quick look at important findings of the research study.
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