Market Overview:
The global contactless inductive slip ring market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for contactless inductive slip rings in defence and aerospace applications, radar applications, test equipment, wind turbines, video & optical systems and other industrial applications. North America is expected to lead the global contactless inductive slip ring market during the forecast period owing to the presence of major players in this region and increasing demand for contactless inductive slip rings from defence and aerospace applications. Asia Pacific is projected to be the fastest-growing region during the forecast period owing to rising demand for contactless inductive slip rings from various industrial sectors such as automotive, semiconductor & electronics and food & beverage industries.
Product Definition:
A contactless inductive slip ring is a device that allows electrical current to flow through it while the ring rotates. This is accomplished by using two coils, one on the stationary part of the assembly and one on the rotating part. The two coils are connected together by a capacitor, which ensures that electrical current flows only when they are in close proximity to each other. This type of slip ring is often used in medical devices and robotics, where it is important to avoid any kind of metal-to-metal contact that could create sparks or short circuits.
Electric:
Electric, it’s usage and growth factor in the contactless inductive slip ring market is expected to grow at a significant rate over the forecast period. The growth of Electric in this market can be attributed to various factors such as increasing demand for wireless solutions, growing penetration of electric vehicles (EV), rising need for power transmission and distribution systems among others.
Hydraulic:
Hydraulic is the pressure that acts upon a fluid to deform or change its shape. It can be generated by forcing liquid under high pressure in a pipe, by using pumps, or through the use of hydraulic motors. The most common usage of hydraulic in modern times is seen in automobiles where it is used for applying brakes; this reduces speed and helps avoid accidents.
Application Insights:
The market is segmented by application into the following categories; defence & aerospace, radar, test equipment, wind turbines, video and optical systems and others. The other applications include industrial machinery testing equipment. The Others application segment held a major share of the global revenue in 2017 owing to its usage in various industries such as healthcare and transportation for contactless payment solutions.
The video and optical systems application segment is expected to grow at a CAGR of XX% from 2018 to 2030 due to increasing demand for high-tech products across the globe. slip rings are used in security cameras that have magnetic strips or chips for authentication purposes which allow users access control information through smartphones or computers without having physical access to these devices.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of major industry participants, technological advancements, and high demand for contactless inductive slip rings from various applications. Increasing use of RFID tags and barcodes to transfer data between inventory and tracking systems is also expected to drive regional growth over the forecast period.
Asia Pacific region accounted for a revenue share of over 20% in 2017 owing to increasing government initiatives towards adoption of contactless slip rings technology across several industries such as defense & aerospace, industrial automation, logistics & warehousing among others. In addition, growing penetration of smartphones coupled with rising usage at POS terminals is anticipated boost regional demand during the forecast period.
Growth Factors:
- Increasing demand for contactless inductive slip ring in the automotive industry for power and signal transmission.
- Growing demand from the medical sector for contactless inductive slip ring to transmit power and signals in minimally invasive surgeries.
- Rising popularity of contactless inductive slip ring in renewable energy applications such as wind turbines and solar panels.
- Increasing adoption of contactless inductive slip rings in robotics and automation applications due to their high reliability and efficiency.
- Growing demand from defense sector for contactless induction slip rings that can be used in various military applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Contactless Inductive Slip Ring Market Research Report
By Type
Electric, Hydraulic, Hybrid, Pneumatic
By Application
Defence & Aerospace, Radar, Test Equipment, Wind Turbines, Video & Optical Systems, Others
By Companies
Moog, Schleifring, Cobham, GAT, RotarX, LTN, Mercotac, Molex, Conductix-Wampfler, NSD, Moog, Kuebler, Moflon, Analog
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Contactless Inductive Slip Ring Market Report Segments:
The global Contactless Inductive Slip Ring market is segmented on the basis of:
Types
Electric, Hydraulic, Hybrid, Pneumatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Defence & Aerospace, Radar, Test Equipment, Wind Turbines, Video & Optical Systems, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Moog
- Schleifring
- Cobham
- GAT
- RotarX
- LTN
- Mercotac
- Molex
- Conductix-Wampfler
- NSD
- Moog
- Kuebler
- Moflon
- Analog
Highlights of The Contactless Inductive Slip Ring Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric
- Hydraulic
- Hybrid
- Pneumatic
- By Application:
- Defence & Aerospace
- Radar
- Test Equipment
- Wind Turbines
- Video & Optical Systems
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Contactless Inductive Slip Ring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A contactless inductive slip ring is a type of electrical connector that uses electromagnetic induction to transfer power between two devices. The slip ring consists of a central conductor surrounded by an insulating material, such as rubber or plastic. When the two devices are close to each other, the magnetic fields created by their electric currents cause the central conductor to rotate. This rotation creates an electric current in the surrounding insulating material, which can then be used to power either device
Some of the major players in the contactless inductive slip ring market are Moog, Schleifring, Cobham, GAT, RotarX, LTN, Mercotac, Molex, Conductix-Wampfler, NSD, Moog, Kuebler, Moflon, Analog.
The contactless inductive slip ring market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Contactless Inductive Slip Ring Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Contactless Inductive Slip Ring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Contactless Inductive Slip Ring Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Contactless Inductive Slip Ring Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Contactless Inductive Slip Ring Market Size & Forecast, 2020-2028
4.5.1 Contactless Inductive Slip Ring Market Size and Y-o-Y Growth
4.5.2 Contactless Inductive Slip Ring Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electric
5.2.2 Hydraulic
5.2.3 Hybrid
5.2.4 Pneumatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Defence & Aerospace
6.2.2 Radar
6.2.3 Test Equipment
6.2.4 Wind Turbines
6.2.5 Video & Optical Systems
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Contactless Inductive Slip Ring Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Contactless Inductive Slip Ring Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electric
9.6.2 Hydraulic
9.6.3 Hybrid
9.6.4 Pneumatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Defence & Aerospace
9.10.2 Radar
9.10.3 Test Equipment
9.10.4 Wind Turbines
9.10.5 Video & Optical Systems
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electric
10.6.2 Hydraulic
10.6.3 Hybrid
10.6.4 Pneumatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Defence & Aerospace
10.10.2 Radar
10.10.3 Test Equipment
10.10.4 Wind Turbines
10.10.5 Video & Optical Systems
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electric
11.6.2 Hydraulic
11.6.3 Hybrid
11.6.4 Pneumatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Defence & Aerospace
11.10.2 Radar
11.10.3 Test Equipment
11.10.4 Wind Turbines
11.10.5 Video & Optical Systems
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electric
12.6.2 Hydraulic
12.6.3 Hybrid
12.6.4 Pneumatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Defence & Aerospace
12.10.2 Radar
12.10.3 Test Equipment
12.10.4 Wind Turbines
12.10.5 Video & Optical Systems
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electric
13.6.2 Hydraulic
13.6.3 Hybrid
13.6.4 Pneumatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Defence & Aerospace
13.10.2 Radar
13.10.3 Test Equipment
13.10.4 Wind Turbines
13.10.5 Video & Optical Systems
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Contactless Inductive Slip Ring Market: Competitive Dashboard
14.2 Global Contactless Inductive Slip Ring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Moog
14.3.2 Schleifring
14.3.3 Cobham
14.3.4 GAT
14.3.5 RotarX
14.3.6 LTN
14.3.7 Mercotac
14.3.8 Molex
14.3.9 Conductix-Wampfler
14.3.10 NSD
14.3.11 Moog
14.3.12 Kuebler
14.3.13 Moflon
14.3.14 Analog
