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Rotary and RF Rotary Joints Market (Type - Single Passage Rotary Joints, and Multi Passage Rotary Joints; Application - Commercial, and Military): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

  • Published : May, 2022

  • Rep Id : ICT003111

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on the rotary and RF rotary joints market provides an in-depth analysis of segments and sub-segments in the global as well as regional rotary and RF rotary joints market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional rotary and RF rotary joints market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global rotary and RF rotary joints market. According to the report, the global rotary and RF rotary joints market are projected to grow at a CAGR of 4% over the forecast period of 2022-2028. The revenue of the market in 2022 was approximately USD 700 million which is expected to reach around USD 880 million by 2028.

 

Market Insight

RF rotary joints are also known as radiofrequency rotary joints. They make up the electromechanical parts or components that are been used in transmitting radio frequency signals between the movable and stationary parts of any system. A freely moveable joint that allows only rotary movement around a single axis is known as Rotary Joints. A rotary joint is a rotary sealing device that connects rotating equipment to fixed piping for the transfer of steam, water, thermal oil, coolant, hydraulic oil, air, and other media. Radiall rotary joints are required when RF signals have to be transmitted between stationary and movable parts of a system and are used in commercial and military radar, land-mobile-radio communications, and anti-missile defense applications.

 

With the slowdown in world economic growth faced during the covid pandemic across the globe, the RF Rotary Joints industry has also suffered a significant impact, but is still maintaining a relatively optimistic growth and is expected to grow in the forecasting years. Roughly half of the global population was living under mobility restrictions and numerous border crossings had been kept closed. Economic activity had declined drastically as many countries had opted for the closure of non-essential businesses. Unemployment had skyrocketed in many countries, further reducing the demand for goods and services. The COVID-19 pandemic is taking its toll on the global economy, public health, and people’s way of life.

 

The increasing demand for single-passage and multi-passage rotary joints in the industrial automation sector is driving the rotary and RF rotary joints market. The increasing demand for hybrid rotary joints in satellite communication applications is driving the market growth. The fluctuation in the prices of raw materials also has the potential to challenge the expansion of the rotary and RF rotary joints market during the forecast period. The high cost of the devices is the major restraining factor for the rotary and RF rotary joints market. Advancements in the technologies adopted to provide lucrative for the prominent players to grow in the forecasting period.

 

The Asia-Pacific market is anticipated to grow at a higher rate during the forecast period for the rotary and RF rotary joints market. The major contributors to APAC are China, Japan, and South Korea. China and Japan have huge potential in terms of rotary and RF rotary joints applications and are also the biggest and the fastest-growing markets in the Asia Pacific region. Moreover, prominent players are focusing on increasing their presence in the region. North America is expected to hold a huge market share in the rotary and RF rotary joints market owing to the rise in the manufacturing industries and growth in technological benefits in this region.


Rotary and RF Rotary Joints Market

 

Segment Covered

The report on the global rotary and RF rotary joints market covers segments such as type and application. On the basis of type, the sub-markets include single passage rotary joints and multi passage rotary joints. On the basis of application, the sub-markets include commercial, and military.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Moog Inc., Kadant Inc., Columbus McKinnon Corporation, Spinner GmbH, Cobham Limited, API Technologies Corp., Dynamic Sealing Technologies, Inc., Deublin Company, Inc., Pasternack Enterprises Inc, and Moflon Technology Co., Limited.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors driving and restraining this market's growth. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the rotary and RF rotary joints market. Moreover, the study highlights current market trends and provides forecasts for 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. 


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