Market Overview:
The global optical rotary joints & slip rings 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 optical rotary joints & slip rings in defense and aerospace applications, rising demand for test equipment, and growing adoption of wind turbines. However, the high cost of these products may restrain the growth of this market to some extent. Based on type, the global optical rotary joints & slip rings market can be segmented into single-channel, dual-channel, and multi-channel segments. The single-channel segment is expected to account for a major share of the global optical rotary joints & slip rings market during the forecast period owing to its low cost and easy installation.
Product Definition:
An optical rotary joint (ORJ) is an electromechanical device used to rotate an object about a fixed axis while transmitting light signals between the object and its surroundings. It consists of a spindle, bearings, and a housing. The spindle is attached to the object to be rotated, the bearings support the spindle and allow it to rotate freely, and the housing seals off the environment from the rotating spindle. Optical slip rings (OSRs) are similar devices that transmit electrical power or signals instead of light.
ORJs and OSRs are used in a variety of applications where it is necessary to rotate an object while transmitting information between it and its surroundings. Some common applications include: medical devices such as endoscopes; industrial machinery such as robots; sensors mounted on aircraft or satellites; cameras on remotely operated vehicles (ROVs); antennae on communications towers.
Single-channel:
Single-channel is a term used to refer to the optical fiber that carries light in only one direction. The single-channel system can be implemented using either glass or plastic fibers, and it is used for applications such as telecommunication, lighting, and laser delivery systems.
The global SSC market was valued at USD 648 million in 2016.
Dual-channel:
Dual-channel is a method of transmitting two independent signals using the same medium. It can be used in various applications such as slip rings, optical rotary joints, and others. Slip rings are used to transfer power for various machinery or equipment operation. Optical rotary joints use dual-channel technology to transmit data and power simultaneously over the same cable by using different wavelengths of light along with fiber optic cables.
Application Insights:
The defense and aerospace application segment dominated the global market in 2017. The optical joints are widely used in military aircraft, helicopters, UAVs/UCAVs, ships and submarines for stabilization and aiming systems. Optical slip rings find applications across various verticals such as defense & aerospace, industrial & commercial, test equipment and wind turbines among others.
The industrial application segment is expected to witness significant growth over the forecast period owing to rising demand from automation solutions such as machine tools that use rotary jointed arms with optical sighting devices for accurate positioning of machines or workpieces coupled with motorized turntables or spindles for rotating heavy machinery parts where high accuracy is required along with protection against vibration due to its stationary nature on a supporting surface.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of a large number of OEMs and their continuous R&D activities for developing advanced optical devices. Moreover, increasing defense spending by countries such as the U.S., China, India, and Russia are expected to drive demand over the next eight years.
Asia Pacific is estimated to be one of the fastest-growing regions during the forecast period owing to rapid industrialization along with growing infrastructure activities in emerging economies such as China and India that has led to an increased demand for slip rings across various industries including energy & power, construction & mining equipment manufacturing among others.
Growth Factors:
- Increasing demand from the telecommunication and data communication industries for high-speed, reliable, and low-latency data transmission is expected to drive the growth of the optical rotary joints & slip rings market.
- The increasing demand for miniaturized and lightweight components in various applications is also projected to fuel the growth of this market in the coming years.
- Growing investments in research and development activities for new product launches is another key factor that is expected to propel the growth of this market during the forecast period.
- The rising trend of automation across different industries is also anticipated to create lucrative opportunities for players operating in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Rotary Joints & Slip Rings Market Research Report
By Type
Single-channel, Dual-channel, Multi-channel
By Application
Defense & Aerospace, Industrial & Commercial, Test Equipment, Wind Turbines, Video & Optical Systems, Radar, Others
By Companies
Moog, Schleifring, Cobham, Stemmann, MERSEN, RUAG, GAT, Morgan, Cavotec SA, LTN, Pandect Precision, DSTI, NSD, Mercotac, BGB, Molex, UEA, Rotac, Michigan Scientific, Electro-Miniatures, Conductix-Wampfler, Alpha Slip Rings, Hangzhou Prosper, Moflon, Jinpat Electronics
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Optical Rotary Joints & Slip Rings Market Report Segments:
The global Optical Rotary Joints & Slip Rings market is segmented on the basis of:
Types
Single-channel, Dual-channel, Multi-channel
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
Defense & Aerospace, Industrial & Commercial, Test Equipment, Wind Turbines, Video & Optical Systems, Radar, 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
- Stemmann
- MERSEN
- RUAG
- GAT
- Morgan
- Cavotec SA
- LTN
- Pandect Precision
- DSTI
- NSD
- Mercotac
- BGB
- Molex
- UEA
- Rotac
- Michigan Scientific
- Electro-Miniatures
- Conductix-Wampfler
- Alpha Slip Rings
- Hangzhou Prosper
- Moflon
- Jinpat Electronics
Highlights of The Optical Rotary Joints & Slip Rings 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:
- Single-channel
- Dual-channel
- Multi-channel
- By Application:
- Defense & Aerospace
- Industrial & Commercial
- Test Equipment
- Wind Turbines
- Video & Optical Systems
- Radar
- 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 Optical Rotary Joints & Slip Rings 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.
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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?
An optical rotary joint is a type of slip ring that uses light to transmit motion. Optical rotary joints are used in applications such as cameras, microscopes, and telescopes. Slip rings are also used in industrial applications such as power transmission and manufacturing.
Some of the major players in the optical rotary joints & slip rings market are Moog, Schleifring, Cobham, Stemmann, MERSEN, RUAG, GAT, Morgan, Cavotec SA, LTN, Pandect Precision, DSTI, NSD, Mercotac, BGB, Molex, UEA, Rotac, Michigan Scientific, Electro-Miniatures, Conductix-Wampfler, Alpha Slip Rings, Hangzhou Prosper, Moflon, Jinpat Electronics.
The optical rotary joints & slip rings market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Rotary Joints & Slip Rings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Optical Rotary Joints & Slip Rings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optical Rotary Joints & Slip Rings Market - Supply Chain
4.5. Global Optical Rotary Joints & Slip Rings Market Forecast
4.5.1. Optical Rotary Joints & Slip Rings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optical Rotary Joints & Slip Rings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optical Rotary Joints & Slip Rings Market Absolute $ Opportunity
5. Global Optical Rotary Joints & Slip Rings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Type
5.3.1. Single-channel
5.3.2. Dual-channel
5.3.3. Multi-channel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optical Rotary Joints & Slip Rings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Application
6.3.1. Defense & Aerospace
6.3.2. Industrial & Commercial
6.3.3. Test Equipment
6.3.4. Wind Turbines
6.3.5. Video & Optical Systems
6.3.6. Radar
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optical Rotary Joints & Slip Rings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Optical Rotary Joints & Slip Rings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Optical Rotary Joints & Slip Rings Demand Share Forecast, 2019-2026
9. North America Optical Rotary Joints & Slip Rings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Application
9.4.1. Defense & Aerospace
9.4.2. Industrial & Commercial
9.4.3. Test Equipment
9.4.4. Wind Turbines
9.4.5. Video & Optical Systems
9.4.6. Radar
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Type
9.7.1. Single-channel
9.7.2. Dual-channel
9.7.3. Multi-channel
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Optical Rotary Joints & Slip Rings Demand Share Forecast, 2019-2026
10. Latin America Optical Rotary Joints & Slip Rings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Application
10.4.1. Defense & Aerospace
10.4.2. Industrial & Commercial
10.4.3. Test Equipment
10.4.4. Wind Turbines
10.4.5. Video & Optical Systems
10.4.6. Radar
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Type
10.7.1. Single-channel
10.7.2. Dual-channel
10.7.3. Multi-channel
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Optical Rotary Joints & Slip Rings Demand Share Forecast, 2019-2026
11. Europe Optical Rotary Joints & Slip Rings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Application
11.4.1. Defense & Aerospace
11.4.2. Industrial & Commercial
11.4.3. Test Equipment
11.4.4. Wind Turbines
11.4.5. Video & Optical Systems
11.4.6. Radar
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Type
11.7.1. Single-channel
11.7.2. Dual-channel
11.7.3. Multi-channel
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Optical Rotary Joints & Slip Rings Demand Share, 2019-2026
12. Asia Pacific Optical Rotary Joints & Slip Rings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Application
12.4.1. Defense & Aerospace
12.4.2. Industrial & Commercial
12.4.3. Test Equipment
12.4.4. Wind Turbines
12.4.5. Video & Optical Systems
12.4.6. Radar
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Type
12.7.1. Single-channel
12.7.2. Dual-channel
12.7.3. Multi-channel
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Optical Rotary Joints & Slip Rings Demand Share, 2019-2026
13. Middle East & Africa Optical Rotary Joints & Slip Rings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Optical Rotary Joints & Slip Rings Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Application
13.4.1. Defense & Aerospace
13.4.2. Industrial & Commercial
13.4.3. Test Equipment
13.4.4. Wind Turbines
13.4.5. Video & Optical Systems
13.4.6. Radar
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Optical Rotary Joints & Slip Rings Market Size and Volume Forecast by Type
13.7.1. Single-channel
13.7.2. Dual-channel
13.7.3. Multi-channel
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Optical Rotary Joints & Slip Rings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Optical Rotary Joints & Slip Rings Market: Market Share Analysis
14.2. Optical Rotary Joints & Slip Rings Distributors and Customers
14.3. Optical Rotary Joints & Slip Rings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Moog
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schleifring
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cobham
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Stemmann
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MERSEN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RUAG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GAT
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Morgan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cavotec SA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LTN
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pandect Precision
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DSTI
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NSD
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Mercotac
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BGB
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Molex
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. UEA
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Rotac
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Michigan Scientific
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Electro-Miniatures
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
