How Has the Diaphragm Coupling In Turbo Machinery Market Size Evolved in Recent Years?
The diaphragm coupling in turbo machinery market has seen considerable growth due to a variety of factors.
•The market size of diaphragm coupling in turbo machinery has seen significant growth in the past few years. The market is expected to expand from $4.76 billion in 2024 to $5.05 billion in 2025, growing at a compound annual growth rate (CAGR) of 6.1%.
The historical growth can be associated with the customization for different applications, integration of industrial automation, widespread adoption in high-speed machinery, breakthroughs in material engineering and the increasing demand from the energy sector.
What are the Market Size and Expected Growth Rates for the Diaphragm Coupling In Turbo Machinery Market?
The diaphragm coupling in turbo machinery market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of diaphragm coupling in turbo machinery is predicted to witness robust growth in the coming years, reaching "$6.44 billion by 2029 with a compound annual growth rate (CAGR) of 6.3%.
This growth during the forecast period can be credited to enhanced safety standards, an increase in industrial automation, energy sector demand, emphasis on machinery efficiency, and growth in manufacturing sectors. Key trends for the forecast period involve specific application customization, precision and performance, breakthrough high-speed machinery, and advancements in material technology.
Which Drivers Are Accelerating Growth In The Diaphragm Coupling In Turbo Machinery Market?
The surge in the turbomachinery market, specifically for diaphragm coupling, is projected to be driven by the increasing need for high-performance equipment. High-performance diaphragm coupling is a device that adjusts misalignment based on the diaphragm's thickness distribution. Within the oil and gas industry, diaphragm couplings are utilized in turbines to facilitate power transmission from the compressor to the turbine while absorbing displacement to ensure effective torque transmission. For example, Volvo Construction Equipment, a Swedish construction equipment and machinery manufacturer, reported a 27% increase in net sales in Q4 2022 to SEK 27,596 million ($ 21,812 million). This growth was attributable to contributions from both machine and service sales. Factoring in currency changes, net sales increased by 13%, with net machine sales rising by 15% and service sales remaining steady. Thus, the growing demand for high-performance equipment within the oil and gas sector is stimulating the growth of diaphragm coupling within the turbomachinery market.
What Are The Core Segments Of The Global Diaphragm Coupling In Turbo Machinery Market?
The diaphragm coupling in turbo machinery market covered in this report is segmented –
1) By Type: Single Diaphragm, Double And Multiple Diaphragm
2) By Material Type: Metal Diaphragm Coupling, Plastic Diaphragm Coupling, Other Materials
3) By Application: Power, Oil And Gas, Chemicals, Transportation, Other Applications
Subsegments:
1) By Single Diaphragm: Standard Single Diaphragm Couplings, High-Performance Single Diaphragm Couplings, Custom Single Diaphragm Solutions
2) By Double And Multiple Diaphragm: Double Diaphragm Couplings, Multiple Diaphragm Couplings, High-Load Double Diaphragm Couplings, Custom Double And Multiple Diaphragm Solutions
Pre-Book The Diaphragm Coupling In Turbo Machinery Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Emerging Trends Are Reshaping The Diaphragm Coupling In Turbo Machinery Market Size?
The trend of product innovation is becoming increasingly popular in the diaphragm coupling segment of the turbomachinery market. Major players in this market are focusing on the development of unique products to maintain their market standing. For example, SKF, a company based in Sweden, introduced a range of diaphragm couplings in April 2024. These couplings are designed to offer efficient, lubrication-free functioning for high torque applications with moderate torsional stiffness. They are available in a variety of configurations, such as single disc and double disc designs, and can be installed both horizontally and vertically, supporting load capacities up to 178 kNm. Made with all-steel mechanical parts, SKF diaphragm couplings offer consistent performance and are particularly suited for high-speed applications, due to their dual plane dynamic balance.
Who Are the Key Players in the Diaphragm Coupling In Turbo Machinery Market?
Major companies operating in the diaphragm coupling in turbo machinery market include:
• Regal-Beloit Corporation
• John Crane Inc.
• Eagle Industry Co. Ltd.
• Rbk Drive Elements Limited
• Rsv Industries India Pvt. Ltd.
• Voith GmbH & Co. KGaA
• Goodrich Industrial Couplings Corporation
• Suoda Coupling Co. Ltd.
• SBPT Technologies Pvt. Ltd.
• Ruland Manufacturing Co.
• Bibby Turboflex Limited
• Rathi Transpower Pvt. Ltd.
• Flender GmbH
• Altra Industrial Motion Corp.
• R+W Coupling Technology
• Kupplungstechnik GmbH
• Siemens AG
• Rexnord Corporation
• Renold Plc
• Huco Dynatork
• Mayr GmbH
• Nabeya Bi-tech Kaisha Ltd.
• Miki Pulley Co. Ltd.
• Helical Products Company Inc.
• Zero-Max Inc.
• GAM Enterprises Inc.
• ComInTec S.r.l.
• Reich-Kupplungen Dipl.-Ing. Herwarth Reich GmbH
What are the Regional Insights into the Diaphragm Coupling In Turbo Machinery Market?
North America was the largest region in the diaphragm coupling in turbo machinery market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global diaphragm coupling in turbo machinery market during the forecast period. The regions covered in the diaphragm coupling in turbo machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
