PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1540319
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1540319
The global rotary and RF rotary joints market is expected to reach USD 1.9 billion in 2029 from USD 1.5 billion in 2024, at a CAGR of 5.4% during the forecast period. As automation gets integrated into more and more industries for enhanced efficiency, precision, and productivity, so is the associated requirement for a high-performance and reliable rotary joint. Design improvement, materials used and the technology applied in developing rotary joints have shown an overall increase in products durability and efficiencies, which drive the market growth. There are indications that a rotary joint market will increase with modernization of all industries since they are looking for better fluid-transfer solutions Hence, increased industrial automation in industries like manufacturing, automobiles, and aerospace directly drives the demand for advanced rotary joints.
Scope of the Report | |
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Years Considered for the Study | 2020-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Value (USD Million) |
Segments | By Rotary Joints Type, Channel, RF Rotary Joints Type, Application, Industry and Region |
Regions covered | North America, Europe, APAC, RoW |
"Hybrid segment is expected to grow at the highest CAGR during the forecast period."
Hybrid is expected to have the highest growth rate in the segment for the rotary and RF rotary joints market. Hybrid RF rotary joints combine the advantages of coaxial and waveguide technologies and hence provide better performance in bandwidth, signal integrity, and output power handling capabilities. This makes them very suitable for demanding applications. Such hybrid joints have wide application areas-from the most prestigious satellite communications and radar systems to military and aerospace systems. They are especially preferred because they can handle many frequencies and types of signals. With the ever-increasing deployment of satellites in communications, navigation, and surveillance, there is a heightened call for reliable and high-performance rotary joints that would be able to maintain signal integrity in the rotating systems.
"Military segment is dominating the RF rotary joints market."
The military segment dominates the rotary and RF rotary joints due to the increasing demand for modern defense strategies that necessitate advanced communication and radar systems. RF rotary joints transmit high-frequency signals between the rotating and stationary components. They are used for military purposes in radar systems, vehicle-mounted communication systems, rotating cameras, and satellite communication-this all forms the backbone of modern defense operations. In addition, it may be noted that communication and surveillance are two of the most prominent strategic functions in military operations. RF Rotary Joints prevent these from being interrupted in any way, further underlining their importance to the military sector. With the rising demand for defense equipment, increasing defense spending, and modernization of military infrastructure, the need for reliable RF rotary joints is increasing.
"The North America is projected to dominate the rotary and RF rotary joints market."
The region has a very well-developed industrial base, particularly in the United States, with huge investments in high-precision machinery and equipment. This increases the demand for rotary joints in a wide range of applications. North America is a region which has high technological innovation and development. Continuous new developments in telecommunications, automation, robotics, and a host of other high-tech industries ensure strong demand for solutions in rotary joints.
Moog Inc. (US), Kadant Inc. (US), Columbus McKinnon Corporation (US), Deublin Company (US), Dynamic Sealing Technologies Inc (US), Macartney Underwater Technology (Denmark), Cobham France SAS (France), Pasternack Enterprises Inc (US), Spinner GmbH (Germany), Spectrum Control (US), are some of the key players in the rotary and RF rotary joint market.
The study includes an in-depth competitive analysis of these key players in the rotary and RF rotary joints market, with their company profiles, recent developments, and key market strategies.
Research Coverage
This research report categorizes the rotary and RF rotary joints market by rotary joint by channel (Single Passage, Multi Passage), by rotary joint by type (Hydraulic Rotary Joints, Pneumatic Rotary Joints, Water and Steam Rotary Joints, Slip Rings (Connecting, and Contactless), and Fiber Optic Rotary Joints (Single Mode, Multi Mode)), by RF rotary joint by type (Coaxial, Waveguide, and Hybrid), rotary joint by industry (Aerospace, Food & Beverages, Industrial Automation, Oil & Gas, Semiconductors, Power & Energy, Healthcare, and Others) RF rotary joint by application (Commercial, and Military) and by region (North America, Europe, Asia Pacific, and RoW). The report's scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the rotary and RF rotary joints market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements, new product & service launches, mergers and acquisitions; and recent developments associated with the rotary and RF rotary joints market. This report covers the competitive analysis of upcoming startups in the rotary and RF rotary joints market ecosystem.
Reasons to buy this report
The report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the overall rotary and RF rotary joints market and its subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.