Market Overview:
The global hydraulic rotary unions market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hydraulic rotary unions in various applications such as radar, robots, subsea, medical, mining and others. Additionally, the growing demand for hydraulics across different industries is also contributing to the growth of this market.
Product Definition:
A hydraulic rotary union is a device that allows two or more fluid-carrying shafts to rotate relative to each other without leakage. This is often used in applications where there is a need to transfer fluid between two rotating shafts, as might be found in a manufacturing process. The importance of hydraulic rotary unions lies in their ability to allow fluids and other materials to be transferred between rotating components without leakage, which can otherwise cause problems in the manufacturing process.
Multi-Passage:
Multi-passage or multiple passage is a device that allows more than two hydraulic lines to pass through a single union. It is mainly used in rotary unions where it increases the flow capacity of the system and also simplifies the installation process. Multi-passage eliminates reaming and provides an improved seal around all ports, valves, or fittings.
Single-Passage:
Single-passage technology is used in hydraulic rotary unions to provide a means of removing the seal from the member without causing any damage to the surrounding components. The single-passage method provides an effective way of accessing seals and allows for quick removal and replacement.
Application Insights:
Radar was the largest application segment in 2017 and is projected to grow at a CAGR of XX% over the forecast period. Radar hydraulic rotary unions are used in radars for providing smoothness, precision, durability and reliability required for accurate targeting functions. The growing need for advanced technology radar systems as part of missile defense programs is expected to drive demand over the coming years.
The robots segment held a share of 9% in 2017 owing to increasing demand from industrial automation applications across various end-use industries such as automotive, electronics & semiconductor, medical equipment and food processing plants among others which require high precision sensors & actuators coupled with robustness under extreme conditions such as vibration & heat among others which provides an ideal scope for H Hydraulic R Rotary Union market growth globally over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive regional market for investors. China is one of the largest markets for these devices as many Chinese companies manufacture Hydraulic Rotary Unions at their plants in China. These devices are also used by mining companies operating in Australia due to their ability to mine efficiently using minimal human effort and low-cost labor force.
North America accounted for a significant share of revenue owing to high demand from end-users such as robots, radar systems, subsea exploration equipment etc., mainly from U.S.
Growth Factors:
- Increasing demand from the automotive industry for hydraulic rotary unions as they are used in power steering systems and braking systems
- Growing demand for hydraulic rotary unions in the construction and mining industries due to their ability to handle high pressure and temperature fluctuations
- Rising popularity of hydraulic rotary unions in the oil & gas industry as they are used extensively in drilling applications
- Technological advancements that have led to the development of smaller, lighter and more efficient hydraulic rotary unions
- Growing awareness about the benefits of using hydraulic rotary unions among end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Rotary Unions Market Research Report
By Type
Multi-Passage, Single-Passage
By Application
Radar, Robots, Subsea, Medical, Mining, Others
By Companies
SENRING Electronics, DSTI, Moog, IC Fluid Power, Deublin Company, BGB Innovation, MOFLON, Kadant, Vektek
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Rotary Unions Market Report Segments:
The global Hydraulic Rotary Unions market is segmented on the basis of:
Types
Multi-Passage, Single-Passage
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
Radar, Robots, Subsea, Medical, Mining, 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:
- SENRING Electronics
- DSTI
- Moog
- IC Fluid Power
- Deublin Company
- BGB Innovation
- MOFLON
- Kadant
- Vektek
Highlights of The Hydraulic Rotary Unions 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:
- Multi-Passage
- Single-Passage
- By Application:
- Radar
- Robots
- Subsea
- Medical
- Mining
- 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 Hydraulic Rotary Unions 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
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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?
Hydraulic rotary unions are a type of fluid coupling that allow two rotating shafts to be connected. This allows for the transfer of power between the two shafts, and it also allows them to rotate together.
Some of the major companies in the hydraulic rotary unions market are SENRING Electronics, DSTI, Moog, IC Fluid Power, Deublin Company, BGB Innovation, MOFLON, Kadant, Vektek.
The hydraulic rotary unions market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Rotary Unions 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 Hydraulic Rotary Unions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Rotary Unions 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 Hydraulic Rotary Unions 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 Hydraulic Rotary Unions Market Size & Forecast, 2020-2028
4.5.1 Hydraulic Rotary Unions Market Size and Y-o-Y Growth
4.5.2 Hydraulic Rotary Unions 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 Multi-Passage
5.2.2 Single-Passage
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 Radar
6.2.2 Robots
6.2.3 Subsea
6.2.4 Medical
6.2.5 Mining
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Rotary Unions 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 Hydraulic Rotary Unions 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 Multi-Passage
9.6.2 Single-Passage
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 Radar
9.10.2 Robots
9.10.3 Subsea
9.10.4 Medical
9.10.5 Mining
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 Multi-Passage
10.6.2 Single-Passage
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 Radar
10.10.2 Robots
10.10.3 Subsea
10.10.4 Medical
10.10.5 Mining
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 Multi-Passage
11.6.2 Single-Passage
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 Radar
11.10.2 Robots
11.10.3 Subsea
11.10.4 Medical
11.10.5 Mining
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 Multi-Passage
12.6.2 Single-Passage
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 Radar
12.10.2 Robots
12.10.3 Subsea
12.10.4 Medical
12.10.5 Mining
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 Multi-Passage
13.6.2 Single-Passage
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 Radar
13.10.2 Robots
13.10.3 Subsea
13.10.4 Medical
13.10.5 Mining
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 Hydraulic Rotary Unions Market: Competitive Dashboard
14.2 Global Hydraulic Rotary Unions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SENRING Electronics
14.3.2 DSTI
14.3.3 Moog
14.3.4 IC Fluid Power
14.3.5 Deublin Company
14.3.6 BGB Innovation
14.3.7 MOFLON
14.3.8 Kadant
14.3.9 Vektek
