New trending report on Sprag Clutches Market Trend, Share Forecast till 2028


GMN Bearing USA, Renold Plc, Altra Industrial Motion Corp., Cross+Morse are some of the major key players.

Sprag Clutches Market Value and CAGR

A sprag clutch is made up of two races: a cylindrical outer race and a hollow inner race that houses a series of sprags or rollers. Sprags are typically shaped like wedges or triangles and are arranged around the inner race's circumference. When the inner race is rotated forward, the sprags form a frictional lock between the inner and outer races, transmitting torque. In the opposite direction, the sprags are forced out of the game, allowing the inner race to spin freely.

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The global sprag clutches market was worth USD 1.2 billion in 2021 and is expected to reach USD 1.4 billion by 2028, growing at a 6.3% CAGR during the forecast period. The increasing demand for automatic transmissions in various end-use industries such as automotive, aerospace, and industrial machinery is driving the growth of the sprag clutches market.

 

Sprag Clutches Market Growth Drivers and Risks

Drivers:

  • Sprag clutches are in high demand due to the growing need for automation in various industries such as automotive, aerospace, and manufacturing. These clutches are used in a variety of automated systems to control machine motion and speed.
  • Rising demand for renewable energy sources such as wind and solar power is driving up demand for sprag clutches. These clutches are used to control the rotation and speed of wind turbine blades and solar panels.

Risks:

  • Sprag clutches can be costly to manufacture and purchase, which may limit their use in certain industries or applications.
  • Sprag clutches have a limited torque capacity when compared to other types of clutches, making them unsuitable for high-torque applications.

 

Sprag Clutches Market Keyplayers

By Company

  • GMN Bearing USA
  • Renold Plc
  • Altra Industrial Motion Corp.
  • Cross+Morse

 

Sprag Clutches Market Segmentations

By Type

  • Standard Sprag Clutches
  • ARO Duty Sprag Clutches
  • Others

By Application

  • Printing Machines
  • Centrifugal Pumps
  • Textile Machinery
  • Fan Drives
  • Others

 

Table of content

1 Report Overview

1.1 Sprag Clutches Research Scope

1.2 Market Segment by Type

1.2.1 Global Sprag Clutches Market Size Growth Rate by Type, 2017 VS 2021 VS 2028

1.2.2 Standard Sprag Clutches

1.2.3 ARO Duty Sprag Clutches

1.2.4 Others

1.3 Market Segment by Application

1.3.1 Global Sprag Clutches Market Size Growth Rate by Application, 2017 VS 2021 VS 2028

1.3.2 Printing Machines

1.3.3 Centrifugal Pumps

1.3.4 Textile Machinery

1.3.5 Fan Drives

1.3.6 Others

1.4 Study Objectives

1.5 Years Considered

 

2 Global Market Production

2.1 Global Sprag Clutches Production Capacity (2017-2028)

2.2 Global Sprag Clutches Production by Region: 2017 VS 2021 VS 2028

2.3 Global Sprag Clutches Production by Region

2.3.1 Global Sprag Clutches Historic Production by Region (2017-2022)

2.3.2 Global Sprag Clutches Forecasted Production by Region (2023-2028)

2.3.3 North America

2.3.4 Europe

2.3.5 Japan

2.3.6 China

2.3.7 South Korea

2.3.8 India

2.4 Market Dynamics

2.4.1 Sprag Clutches Industry Trends

2.4.2 Sprag Clutches Market Drivers

2.4.3 Sprag Clutches Market Challenges

2.4.4 Sprag Clutches Market Restraints

 

3 Global Sprag Clutches Sales

3.1 Global Sprag Clutches Sales Estimates and Forecasts 2017-2028

3.2 Global Sprag Clutches Revenue Estimates and Forecasts 2017-2028

3.3 Global Sprag Clutches Revenue by Region: 2017 VS 2021 VS 2028

3.4 Global Top Sprag Clutches Regions by Sales

3.4.1 Global Top Sprag Clutches Regions by Sales (2017-2022)

3.4.2 Global Top Sprag Clutches Regions by Sales (2023-2028)

3.5 Global Top Sprag Clutches Regions by Revenue

3.5.1 Global Top Sprag Clutches Regions by Revenue (2017-2022)

3.5.2 Global Top Sprag Clutches Regions by Revenue (2023-2028)

3.5.3 North America

3.5.4 Europe

3.5.5 Asia-Pacific

3.5.6 Latin America

3.5.7 Middle East & Africa

 

4 Competition by Manufacturers

4.1 Global Sprag Clutches Production Capacity by Manufacturers

4.2 Global Sprag Clutches Sales by Manufacturers

4.2.1 Global Top Sprag Clutches Manufacturers by Sales (2017-2022)

4.2.2 Global Top Sprag Clutches Manufacturers Market Share by Sales (2017-2022)

4.2.3 Global Top 10 and Top 5 Companies by Sprag Clutches Sales in 2021

4.3 Global Sprag Clutches Revenue by Manufacturers

4.3.1 Global Top Sprag Clutches Manufacturers by Revenue (2017-2022)

4.3.2 Global Top Sprag Clutches Manufacturers Market Share by Revenue (2017-2022)

4.3.3 Global Top 10 and Top 5 Companies by Sprag Clutches Revenue in 2021

4.4 Global Sprag Clutches Sales Price by Manufacturers

4.5 Analysis of Competitive Landscape

4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)

4.5.2 Global Sprag Clutches Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

4.5.3 Global Sprag Clutches Manufacturers Geographical Distribution

4.6 Mergers & Acquisitions, Expansion Plans

 

5 Estimates and Forecasts by Type

5.1 Global Sprag Clutches Sales by Type

5.1.1 Global Sprag Clutches Historical Sales by Type (2017-2022)

5.1.2 Global Sprag Clutches Forecasted Sales by Type (2023-2028)

5.1.3 Global Sprag Clutches Sales Market Share by Type (2017-2028)

5.2 Global Sprag Clutches Revenue by Type

5.2.1 Global Sprag Clutches Historical Revenue by Type (2017-2022)

5.2.2 Global Sprag Clutches Forecasted Revenue by Type (2023-2028)

5.2.3 Global Sprag Clutches Revenue Market Share by Type (2017-2028)

5.3 Global Sprag Clutches Price by Type

5.3.1 Global Sprag Clutches Price by Type (2017-2022)

5.3.2 Global Sprag Clutches Price Forecast by Type (2023-2028)

Toc Continue………………………..

 

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Published in

Automotive

Published on

May 02, 2023

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