DUBLIN--(BUSINESS WIRE)--Jul 30, 2018--The "Global Gear Couplings - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.

Gear couplings are mechanical devices designed to transmit torque between two non-collinear shafts. It consists of two flexible joints, one fixed to each shaft. These joints are often connected by a third shaft called the spindle. It is for transmitting in torques in devices such as electric motors, turbines, and pumps.

The primary end-user industries in the category include oil and gas, mining, chemicals, and power generation. Gear couplings are used as torque and power transmission devices across a wide range of devices such as motors, pumps, generators, conveyor belts, and escalators.

The report provides actionable insights to improve source-to-contract cycle performance in the Global Gear Couplings Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

One of the procurement best practices for buyers is to engage with vertically integrated suppliers.

According to the report, one of the key growth contributors for the global gear couplings market is the growth of primary end-user industries.

Further, the report states that one of the key category management strategies for the buyers in the global gear couplings market is to engage with suppliers that can offer extended warranty terms, low-cost maintenance services, and quick support.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.

Companies Mentioned

ABB Altra Rexnord Voith Siemens KTR Systems

Key Topics Covered:

1: Executive Summary

2: Market Insights

3: Category Pricing Insights

4: Cost-Saving Opportunities

5: Best Practices

6: Category Ecosystem

7: Category Management Strategy

8: Category Management Enablers

9: Suppliers Selection

10: Suppliers Under Coverage

11: Us Market Insights

12: Category Definition

13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/s9mm7l/global_gear?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005257/en/

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Related Topics:Belt and Chain Drives ,Fasteners

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/30/2018 05:08 AM/DISC: 07/30/2018 05:08 AM

http://www.businesswire.com/news/home/20180730005257/en