Torque limiters are mechanical devices crucial for safeguarding industrial machinery, notably in conveyor systems. They prevent damage from overloads or jams by slipping when torque surpasses preset limits. This protection extends to critical components like motors, gearboxes, and belts, reducing repair costs and downtime. Moreover, in manufacturing and material handling processes, torque limiters enhance safety by averting accidents arising from equipment failures, ensuring uninterrupted operations and worker well-being.
Global Torque Limiter Market is projected to reach USD 401,488.91 thousand by 2030 and will grow at a CAGR of 5.2% during the forecast period of 2023-2030.
To know more, visit https://www.databridgemarketresearch.com/es/reports/global-torque-limiter-market
Below are the Top Five Torque Limiter companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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Altra Industrial Motion Corporation
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A leading provider of power transmission and motion control solutions, Altra offers a diverse range of torque limiters tailored to various industrial applications. With a focus on innovation and reliability, their torque limiters ensure efficient machinery operation and protection against overloads, enhancing overall productivity and safety.
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Europe, Middle East and Africa, North America, South America, and Asia-Pacific
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In November 2022, 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. Through this product launch, the company will attract more customers and expand its product portfolio.
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2.
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Ringspann Gmbh
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Ringspann specializes in high-quality torque limiters designed for demanding industrial environments. Their torque limiters feature precision engineering and advanced technology, offering reliable protection against torque overloads while maintaining optimal performance. Ringspann's torque limiters are trusted by industries worldwide for their durability and effectiveness in preventing equipment damage.
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Europe, Middle East and Africa, North Americas, and Asia-Pacific
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In February 2022, RINGSPANN GmbH announced the winning of the contract to supply complete system units consisting of friction torque limiters and belt pulleys to Lindner Recyclingtech. This contract will help the company to improve sales for the company and acquire a major market share to improve the brand value of the company.
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3.
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Tsubakimoto Chain Co.
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Known for its expertise in power transmission products, Tsubakimoto Chain provides robust torque limiters for diverse industrial applications. Their torque limiters are engineered with precision and durability to withstand harsh operating conditions, ensuring uninterrupted machinery operation and minimizing downtime. Tsubakimoto's torque limiters play a vital role in enhancing the reliability and efficiency of industrial systems.
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Europe, North Americas, and Asia-Pacific
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In September 2022, TSUBAKIMOTO CHAIN CO. announced the acquisition of ATRA-FLEX to expand its manufacturing capabilities. This acquisition will help the company to expand the business in the North America market for industrial couplings and improve the business for motion control business.
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4.
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Regal Rexnord Corporation
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Regal Rexnord is a prominent supplier of torque limiters renowned for their superior performance and reliability. Their torque limiters are engineered to provide precise protection against torque overloads, safeguarding critical machinery components and preventing costly downtime. With a focus on innovation and customer satisfaction, Regal Rexnord's torque limiters are trusted by industries worldwide for their efficiency and durability.
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Europe, North America, South America, Middle East and Africa, and Asia-Pacific
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In October 2021, Regal Rexnord Corporation completed the merger with rexnord pmc and created regal rexnord corporation. Both companies have started the journey together, for now, with a common future. Through this merger, the company can offer power transmission solutions and high-efficiency electric motors and systems.
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5.
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Miki Pulley Co.
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Miki Pulley specializes in high-quality torque limiters designed to meet the demanding requirements of various industrial applications. Their torque limiters are characterized by advanced technology and precision engineering, ensuring reliable protection against torque overloads and enhancing machinery performance. Miki Pulley's torque limiters are widely used in industries where safety and efficiency are paramount, making them a trusted choice for critical applications.
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Europe, North America, Middle East and Africa, and Asia-Pacific
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In July 2022, MIKI PULLEY CO., LTD. announced that Miki Pulley (Thai) has been set up and started its operation to serve the Asian market more locally. Through this expansion, the company will cater to more number of customers.
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Conclusion
In the torque limiter market, companies such as Altra Industrial Motion Corporation, Ringspann GmbH, Tsubakimoto Chain Co., Regal Rexnord Corporation, and Miki Pulley Co. are pivotal players, offering diverse solutions tailored to industrial needs. Their commitment to innovation and quality engineering ensures reliable protection against torque overloads, safeguarding critical machinery components and enhancing overall productivity. With a focus on efficiency and durability, these companies play a crucial role in meeting the stringent demands of various industries worldwide, making them indispensable contributors to the Torque Limiter Market's growth and development.
