Global Slip Rings Market 2024-2028
The slip rings market is forecasted to grow by USD 148.1 mn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the slip rings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased versatility in designs of slip rings, increasing demand for slip rings from wind power generation plants, and technological innovations in slip rings.
Technavio's slip rings market is segmented as below:
By Application
- Commercial
- Industrial
- Aerospace and defense
- Marine
- Others
By Type
- Upto 1500 rpm
- Below 500 rpm
- Above 1500 rpm
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the advent of wireless slip rings as one of the prime reasons driving the slip rings market growth during the next few years. Also, rising emphasis on miniature and micro slip rings and increasing investments in oil and gas machinery will lead to sizable demand in the market.
The report on the slip rings market covers the following areas:
- Slip rings market sizing
- Slip rings market forecast
- Slip rings market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading slip rings market vendors that include Cavotec SA, Delachaux Group SA, Deublin Co. LLC, Dynamic Sealing Technologies Inc., Fabricast Inc., IEC Corp., Kuebler Group, Mersen Corporate Services SAS, Michigan Scientific Corp., MOFLON TECHNOLOGY CO. LTD., Moog Inc., ROTAC Co Ltd, Rotary Systems Inc., RUAG International Holding Ltd., SciTrue M and E Technology Co. Ltd., SENRING Electronics Co. Ltd., SPINNER GmbH, United Equipment Accessories Inc., WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP., and Wegmann Unternehmens Holding GmbH and Co. KG. Also, the slip rings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.