Forecast of Global Electromagnetic Clutches Players Market 2023

Global Electromagnetic Clutches Market will register a 3.2% CAGR in terms of revenue, reach US$ 4420 million by 2023, from US$ 3650 million in 2017. Electromagnetic clutches are the clutches function under the effect of electromagnetic force, control the joint and separation of the clutch based on the power on/off of the coil. It make the torque transmit from active side to passive side with the function of electromagnetic energy, so as to complete the connection of mechanical mechanism, realized the transmission function of the drive system.