TORQUE LIMITER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Torque Limiter Market, By Type (Friction, Ball and Rollers, and Others), By Range (Up to 150 Nm, 151–500 Nm, 501–3,000 Nm, and Greater than 3,000 Nm ), By End Use (Steel Plants & Rolling Mills, Plastic & Rubber, Paper & Printing, Fabricated Metal Manufacturing, Packaging & Labelling, Energy & Power, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : May 2024
Code : CMI7014
Pages :166
Formats :
Excel and PDF
Industry : Semiconductors

Market Challenges: Cost Constraints and Efficiency Demands Hinder Adoption

Equipment manufacturers are under constant pressure to reduce costs and improve efficiency, making them reluctant to adopt new technologies without a clear business case. Additionally, many end users lack awareness of how torque limiters can benefit their operations and protect machinery. Changing to new suppliers also requires investment in training and integration with existing systems. Market growth may be hampered if OEMs do not see torque limiters as a high priority or necessary addition.

Market Opportunities: Automation Drives Safety Mechanism Demand

Increasing automation across industries raises demands for safety mechanisms to prevent damage from over torque. Stricter regulations around workplace safety and asset protection are also driving adoption. as equipment operates closer to torque limits. Rising demands for energy efficiency could push manufacturers to integrate torque limiters that optimize motor use. Additionally, growth in sectors like agriculture, construction and wind and solar has opportunities to grow the market further.

Torque Limiter Market Report Snapshots