Global Slip Rings Market Growth 2023-2029

Global Slip Rings Market Growth 2023-2029

Product Code:457460

Published Date: Feb 08,2023

Pages: 122

Region: Global

Category: Electronics & Semiconductor

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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.

LPI (LP Information)' newest research report, the “Slip Rings Industry Forecast” looks at past sales and reviews total world Slip Rings sales in 2022, providing a comprehensive analysis by region and market sector of projected Slip Rings sales for 2023 through 2029. With Slip Rings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Slip Rings industry.

This Insight Report provides a comprehensive analysis of the global Slip Rings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Slip Rings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Slip Rings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Slip Rings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Slip Rings.

The global Slip Rings market size is projected to grow from US$ 824.5 million in 2022 to US$ 1116.7 million in 2029; it is expected to grow at a CAGR of 1116.7 from 2023 to 2029.

Global slip ring main providers include Moog, Schleifring, totally accounting for about 38% of the market. Asia-Pacific is the largest market of slip ring, holding a share about 40%. As for the product types, it can be divided into small capsules, mid-sized capsules, enclosed power thru-Bore, enclosed signal thru-Bore and others. Mid-sized capsule, the most common product, accounts for more than 35%. As for the applications of products, it can be divided into industrial and commercial, defense and aerospace, test equipment, wind turbines, video and optical systems, radar and others. It is widely used in industrial and commercial, taking a proportion more than 40%.

This report presents a comprehensive overview, market shares, and growth opportunities of Slip Rings market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Small Capsules
    Mid-Sized Capsules
    Enclosed Power Thru-Bore
    Enclosed Signal Thru-Bore
    Others

Segmentation by application
    Industrial and Commercial
    Defense and Aerospace
    Test Equipment
    Wind Turbines
    Video and Optical Systems
    Radar
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Moog
    Schleifring
    Morgan
    Cobham
    Mersen
    Stemmann
    LTN
    RUAG
    DSTI
    Electro-Miniatures
    Cavotec SA
    Pandect Precision
    NSD
    Mercotac
    UEA
    BGB
    Conductix-Wampfler
    Molex
    Ravioli
    Rotac
    Michigan Scientific
    Hangzhou Prosper
    Moflon
    Jinpat Electronics
    Pan-link Technology
    Foxtac Electric
    SenRing Electronics
    TrueSci Fine Works
    Jarch

Key Questions Addressed in this Report
What is the 10-year outlook for the global Slip Rings market?
What factors are driving Slip Rings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Slip Rings market opportunities vary by end market size?
How does Slip Rings break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?