Trusted Solution for Controlled Power and Protection in the Torque Limiter Market is "Unleash Precision, Ensure Safety

Torque limiters can be used to protect any machine with rotating parts. If there is a chance that a drive shaft will transmit too much torque to the driven shaft or tangential components, a torque limiter can make sure that torque never reaches unsafe levels. The parts couple the two rotating bodies while introducing a disconnect technique. A rise in awareness of improved safety systems is anticipated to be a market opportunity.

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Data Bridge Market Research analyses that the 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 automation trend across various industries has increased the demand for torque limiters. These devices play a crucial role in safeguarding automated systems by detecting and controlling excessive torque, preventing equipment failure and downtime.

Key Findings of the Study

Increasing demand for machinery safety is expected to drive the market's growth rate

The increasing demand for machinery safety is driven by the growing awareness of worker safety and the need to prevent equipment damage. Torque limiters play a crucial role in this aspect by protecting machinery and operators. These devices are designed to limit torque, preventing excessive loads and overloads that could lead to equipment failure or accidents. Effectively controlling torque, torque limiters enhance safety, reduce the risk of injuries, and ensure the optimal performance and longevity of machinery.

Report Scope and Market Segmentation

Segment Analysis:

The torque limiter market is segmented on the basis of type, torque range, bore range, drive arrangement, design, application and end user.

• 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. In 2023, the friction torque limiter segment is expected to dominate the global torque limiter market with a highest CAGR of 5.7% in the forecast period of 2023 to 2030 due to its straightforward design and widespread use in industries like aerospace through the wide torque range.
• On the basis of 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. In 2023, the 501 to 3,000 Nm segment is expected to dominate the global torque limiter market with a CAGR of 5.7% in the forecast period of 2023 to 2030 due to the numerous industrial applications that require motor and coupling

In 2023, the 501 to 3,000 Nm segment is expected to dominate the torque range of global torque limiter market

In 2023, the 501 to 3,000 Nm segment is expected to dominate the global torque limiter market owing to suitablility for heavy-duty applications that involve higher torque requirements, such as large machinery, industrial drives, and heavy equipment with a CAGR of 5.7% in the forecast period.

• 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. In 2023, the 55 mm – 92 mm segment is expected to dominate the global torque limiter market with a CAGR of 6.0% in the forecast period of 2023 to 2030 because power plant machinery requires industrial gearboxes with wide motor coupling applications
• On the basis of drive arrangement, the global torque limiter market is segmented into coupling and pilot mount. In 2023, the coupling segment is expected to dominate the global torque limiter market with a CAGR of 5.5% in the forecast period of 2023 to 2030 due to the fact that motor coupling and torque protection are the main applications and that most motors are high-application devices
• On the basis of design, the global torque limiter market is segmented into slip clutch and disconnect torque limiter. In 2023, the slip clutch segment is expected to dominate the global torque limiter market with a CAGR of 5.8% in the forecast period of 2023 to 2030 due to keeping things simple and avoiding sudden jerks.
• On the basis of application, the global torque limiter market is segmented into conveyors, gearboxes, generators, and motor. In 2023, the conveyors segment is expected to dominate the global torque limiter market with a CAGR of 5.8% in the forecast period of 2023 to 2030 due to sudden loads or jams, which can lead to excessive torque.

In 2023, the conveyors segment is expected to dominate the application segment of the global torque limiter market

In 2023, the conveyors segment is expected to dominate the global torque limiter market owing to sudden loads or jams, which can lead to excessive torque. Through incorporating a torque limiter into the system, it acts as a safeguard, preventing damage to the conveyor components and reducing downtime by disengaging or slipping when the torque exceeds the preset limit with a CAGR of 5.8% in the forecast period of 2023 to 2030

• On the basis of end user, the global torque limiter market is segmented into aerospace and defense, packaging and labelling, paper and printing, transportation, metal industry, mining industry, energy and power, farm and agriculture, food and beverages, textiles, plastic and rubber, medical and surgical tools, and water and wastewater. In 2023, the aerospace and defense segment is expected to dominate the global torque limiter market with a CAGR of 5.7% in the forecast period of 2023 to 2030 due to electromechanical acuators, which are crucial to the control of na aircraft, are in high demand as they improve their relatability.

Major Players

Data Bridge Market Research recognizes the following companies as the major torque limiter market players in torque limiter market are Altra Industrial Motion Corp. (U.S.), Chr. Mayr GmbH + Co. KG (Germany), KTR Systems GmbH (Germany), R+W Antriebselemente GmbH (Germany), Nexen Group, Inc. (U.S.), Howdon Power Transmission Limited (U.K.), TSUBAKIMOTO CHAIN CO. (Japan), RINGSPANN GmbH (Germany), Cross+Morse (U.K.), TOK, inc. (Japan), Miki Pulley Co., Ltd (Japan)

Market Development

•  In 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.
• In 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.

Regional Analysis

Geographically, the countries covered in the torque limiter market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

Europe is the dominant region in torque limiter market during the forecast period 2023-2030

The Europe region dominates the global torque limiter market due to several factors. Firstly, the presence of prominent market key players in Europe contributes to its dominance. These companies have a strong market presence and offer innovative torque limiter solutions. Additionally, the region has a robust research and development ecosystem, enabling continuous advancements in torque limiter technology. These factors, combined with the emphasis on machinery safety and stringent industrial regulations, propel the growth and dominance of the torque limiter market in Europe.

Asia-Pacific is estimated to be the fastest growing region in torque limiter market the forecast period 2023-2030

The Asia Pacific region is experiencing significant growth in the torque limiter market due to the high adoption rate of automation in various sectors, including energy and power, food and beverages, and paper and printing. The region's rapid expansion of manufacturing industries is driving the demand for torque limiters to ensure the safety and efficiency of automated processes. Moreover, the growing focus on worker safety and increasing regulations in these industries further fuel the market growth in the Asia Pacific region.

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