The invention discloses a disk type torque limiting permanent magnet coupler. The disk type torque limiting permanent magnet coupler comprises a first shaft and a second shaft which are arranged in a split type and coaxial with each other, wherein a first shaft sleeve, a sliding sleeve I and a conductor rotary disk are arranged on the first shaft, the conductor rotary disk is composed of a steel disk and a conductor disk made of good conductive material, a portion of the first shaft sleeve is a square shaft, and matched with the first shaft sleeve through a square hole formed in the sliding sleeve I, the sliding sleeve I can move in the axial direction, limiting structures are arranged on two end faces of the conductor rotary disk, a second shaft sleeve and a load connection disk are arranged on the second shaft, the load connection disk is connected with a permanent magnet rotary disk through a connection rod, a permanent magnet is installed on the permanent magnet rotary disk, and positions of the permanent magnet and the conductor disk are corresponding to each other. According to the disk type torque limiting permanent magnet coupler, structure of the second shaft is simplified, only the one permanent magnet rotary disk is arranged on the disk type torque limiting permanent magnet coupler, the weight of the second shaft is greatly reduced, the second shaft is stable during the rotation process, and therefore mechanical friction and wear are reduced, vibratory interference is avoided, loss of a drive component is reduced, vibration is isolated, noise is reduced, installation and debugging are simple, and the size of an air gap is accurate to control.