| Product Code: ETC5121455 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus saw a steady flow of flexible shaft couplings imports from major players such as the USA, Germany, Greece, China, and the UK. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, the market showed resilience with a positive growth rate in 2024. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration levels, suggesting a healthy competitive landscape. Cyprus remains an attractive market for flexible shaft couplings, with diverse import sources contributing to its robust industry performance.

The flexible shaft couplings market in Cyprus is expanding as these components are essential for transmitting torque between rotating shafts while accommodating misalignments. Their use in machinery across various industries, including manufacturing and automotive, is driving demand.
The Flexible Shaft Couplings Market in Cyprus is propelled by the increasing demand for efficient power transmission solutions in various industrial applications. Flexible shaft couplings are essential for connecting shafts in machinery while accommodating misalignment and reducing vibration. The growth of the manufacturing, automotive, and aerospace industries drives the demand for reliable coupling solutions. Moreover, advancements in materials and design technologies enhance the performance and durability of flexible shaft couplings, further supporting market growth.
In the flexible shaft couplings market, companies face challenges related to the need for continuous innovation to meet evolving customer demands. The increasing complexity of machinery and equipment requires couplings that offer greater flexibility and durability. Additionally, competition from alternative coupling technologies can pressure manufacturers to enhance their product offerings and optimize production processes to reduce costs.
To support the mechanical engineering sector, the government promotes the flexible shaft couplings market. Policies focus on encouraging local production and innovation in coupling technologies, providing grants and subsidies for companies developing high-performance and durable flexible shaft couplings for various applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Flexible Shaft Couplings Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Flexible Shaft Couplings Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Flexible Shaft Couplings Market - Industry Life Cycle |
3.4 Cyprus Flexible Shaft Couplings Market - Porter's Five Forces |
3.5 Cyprus Flexible Shaft Couplings Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.6 Cyprus Flexible Shaft Couplings Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Flexible Shaft Couplings Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Cyprus Flexible Shaft Couplings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Flexible Shaft Couplings Market Trends |
6 Cyprus Flexible Shaft Couplings Market Segmentations |
6.1 Cyprus Flexible Shaft Couplings Market, By End-Use |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Power And Energy, 2021-2031F |
6.1.3 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Steel Industry, 2021-2031F |
6.1.4 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Tire Manufacturing, 2021-2031F |
6.1.5 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Aerospace Industry, 2021-2031F |
6.1.6 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Automotive Industry, 2021-2031F |
6.1.7 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Marine Industry, 2021-2031F |
6.1.9 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Flexible Shaft Couplings Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Anti-vibration, 2021-2031F |
6.2.3 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Compensating, 2021-2031F |
6.2.4 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Resolver, 2021-2031F |
6.2.5 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Stepper And Servo Motors, 2021-2031F |
6.2.6 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Fans And Blowers, 2021-2031F |
6.2.7 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cyprus Flexible Shaft Couplings Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Mechanical Element Flexible Shaft Couplings, 2021-2031F |
6.3.3 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Chain Coupling, 2021-2031F |
6.3.4 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Gear Coupling, 2021-2031F |
6.3.5 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Metal Ribbon Coupling, 2021-2031F |
6.3.6 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Flexible Link Coupling, 2021-2031F |
6.3.7 Cyprus Flexible Shaft Couplings Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Flexible Shaft Couplings Market Import-Export Trade Statistics |
7.1 Cyprus Flexible Shaft Couplings Market Export to Major Countries |
7.2 Cyprus Flexible Shaft Couplings Market Imports from Major Countries |
8 Cyprus Flexible Shaft Couplings Market Key Performance Indicators |
9 Cyprus Flexible Shaft Couplings Market - Opportunity Assessment |
9.1 Cyprus Flexible Shaft Couplings Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.2 Cyprus Flexible Shaft Couplings Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Flexible Shaft Couplings Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Cyprus Flexible Shaft Couplings Market - Competitive Landscape |
10.1 Cyprus Flexible Shaft Couplings Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Flexible Shaft Couplings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |