MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Couplings - Rigid
Overview
Market size
$1.9B
global, USD
CAGR
4.8%
base to forecast
Buyer power
-1.6
supplier-favoured
Suppliers
5
tracked players
Signals
12
6 high severity
Market outlook
2031$2.3B
What changed
Demand by region
Asia Pacific demand38%
North America demand28%
Europe demand22%
Latin America demand7%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Raw Materials (Carbon and Stainless Steel)45%
Direct Labor and Precision Machining25%
Energy and Manufacturing Overhead15%
Outbound Freight and Logistics10%
Compliance and Quality Control Testing5%
share of delivered cost (analyst estimate)