Global Electrical Slip Rings Market Research Report 2023

Global Electrical Slip Rings Market Research Report 2023

Due to the COVID-19 pandemic, the global Electrical Slip Rings market size is estimated to be worth US$ 875.93 million in 2022 and is forecast to a readjusted size of US$ 1,196.37 million by 2029 with a CAGR of 4.27% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Mid-Sized Capsules accounting for 35.54% of the Electrical Slip Rings global market in 2022, is projected to value US$ 439.58 million by 2029, growing at a revised 4.7% CAGR from 2023 to 2029. While Industrial & Commercial segment is altered to an 4.28% CAGR throughout this forecast period.

North America Electrical Slip Rings market size was US$ 230.46 million in 2022, while Europe was US$ 290.07 million. The proportion of the North America was 26.31% in 2022, while Europe’s percentage was 33.12%, and it is predicted that Europe market share will reach 32.75% in 2029, trailing a CAGR of 4.13% through the analysis period. As for the Asia-Pacific region, the notable markets are China and India, CAGR is 6.82% and 6.21% respectively for the next 6-year period.

The global major manufacturers of Electrical Slip Rings include Moog, Schleifring, Morgan, Everaxis (Cobham), Mersen, Stemmann, LTN, RUAG, and DSTI, etc. In terms of revenue, the global three largest players hold a 45.27% market share of Electrical Slip Rings in 2022.

Global Electrical Slip Rings Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2018 to 2029. This section mentions the volume of production by region from 2018 to 2029.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Electrical Slip Rings Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2018 to 2029. by Application segment also provides consumption during the forecast period of 2018 to 2029. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

By Company

Moog

Schleifring

Morgan

Everaxis (Cobham)

Mersen

Stemmann

LTN

RUAG

DSTI

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

Segment by Type

Small Capsules

Mid-Sized Capsules

Enclosed Power Thru-Bore

Enclosed Signal Thru-Bore

Others

Segment by Application

Industrial & Commercial

Defense & Aerospace

Test Equipment

Wind Turbines

Video & Optical Systems

Radar

Others

Production by Region

North America

Europe

China

Japan

South Korea

Consumption by Region

North America

U.S.

Canada

Mexico

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Australia

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

South America

Brazil

Rest of South America