Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Slip Ring Market is expected to reach USD 2247.5 million by 2027, registering a phenomenal CAGR of 5.6% during the review period (2022 to 2027).
A Slip Ring is an electromechanical device that allows the transmission of power and electrical signals from a stationary to a rotating structure. Also called a rotary electrical joint, collector or electric swivel, a Slip Ring can be used in any electromechanical system that requires unrestrained, intermittent or continuous rotation while transmitting power and / or data. It can improve mechanical performance, simplify system operation and eliminate damage-prone wires dangling from movable joints.
To acquire a competitive advantage in the worldwide slip ring market, market players are expected to focus on product innovation and improving key features. As slip ring applications continue to evolve at a quick rate, innovations in the slip ring market are predicted to gain significant traction throughout the forecast period– a trend that is expected to drive slip ring demand in the coming years. In the worldwide slip ring market, mechanical and material engineers are increasingly concentrating on leveraging new materials and technologies to increase slip ring quality and overall performance.
From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Slip Ring during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
Moog Inc., Schleifring GmbH, Cobham Plc, STEMMANN-TECHNIK, MERSEN, United Equipment Accessories, Inc, Michigan Scientific Corporation, Rotac Co. Ltd., Electro-Miniatures Corporation, Conductix-Wampfler, NSD Corporation, Alpha Slip Rings, Inc., Globetech Inc, Moflon Technology, JINPAT Electronics, SenRing Electronics, Foxtac Electric
30-03-2022: Mersen Launches Non-Indicating Class RK1 Fuse Series
Mersen is pleased to announce non-indicating versions of its popular A2D and A6D Series Class RK1 fuses. With this introduction, the Class RK1 Time Delay fuse series now offers a full range of ampere ratings between 8-600A in both indicating and non-indicating categories.
2021-11-09: JINPAT Electronics Initiates Its MES Project, A Big Step Forward in Intelligent Manufacturing
JINPAT Electronics spares no effort in bring customers with satisfactory high standard slip ring solutions. Within the years, JINPAT has kept improving its technology as well as product quality. Since establishment, JINPAT has been qualified subsequently by quality management system authorities like ISO and GJB. JINPAT has also introduced management system like ERP to improve overall production efficient,
Slip Ring Market is segmented based on the type, applications, companies and regions.
By Type, Slip Ring Market has been segmented into
By Application, Slip Ring Market has been segmented into
North America's slip ring market is expected to grow rapidly during the projected period, followed by Europe. North America continues to be the largest market for slip rings, with revenues expected to reach US$ 255.97 million in 2020.
The market is being driven by a strong presence of slip ring vendors, as well as rising demand for wireless slip rings in North America. Furthermore, the United States has the greatest budget for space exploration and is actively involved in space exploration initiatives.
Because of the rising demand for petrochemical and chemical goods in India and China, slip rings are being used in petrochemical and oil & gas plants.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.7% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Moog, Schleifring, Cobham, Stemmann, MERSEN, RUAG, GAT, Morgan, Cavotec SA, LTN, Pandect Precision, DSTI, NSD, Mercotac, BGB, Molex, UEA, Rotac, Michigan Scientific, Electro-Miniatures, Conductix-Wampfler, Alpha Slip Rings, Hangzhou Prosper, Moflon, Jinpat Electronics, Pan-link Technology, Foxtac Electric, SenRing Electronics, TrueSci Fine Works, Jarch |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 134 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Slip Ring Market?
The Slip Ring Market is growing at a CAGR of 3.7% over the next 5 years.
Who are the key players in Slip Ring Market?
Moog, Schleifring, Cobham, Stemmann, MERSEN, RUAG, GAT, Morgan, Cavotec SA, LTN, Pandect Precision, DSTI, NSD, Mercotac, BGB, Molex, UEA, Rotac, Michigan Scientific, Electro-Miniatures, Conductix-Wampfler, Alpha Slip Rings, Hangzhou Prosper, Moflon, Jinpat Electronics, Pan-link Technology, Foxtac Electric, SenRing Electronics, TrueSci Fine Works, Jarch
What are the significant types of Slip Ring Market?
Small Capsules, Mid-Sized Capsules, Enclosed Power Thru-Bore, Enclosed Signal Thru-Bore, Others
What are the major end-use applications of Slip Ring Market?
Defense & Aerospace, Industrial & Commercial, Test Equipment, Wind Turbines, Video & Optical Systems, Radar, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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