Slip Ring Market By Product Type (Mercury-wetted slip rings, Pancake slip rings, Wireless Slip rings, Others), By End user (Aviation and Aerospace, Defense, Space, Heavy equipment, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Slip Ring Market," The slip ring market was valued at $1.3 billion in 2022, and is estimated to reach $1.7 billion by 2032, growing at a CAGR of 3.2% from 2023 to 2032.

A slip ring is an electromechanical device used to transmit power, electrical signals, or data between a stationary structure and a rotating structure. It is commonly used in applications where continuous rotation is required while maintaining a connection to stationary components. The slip ring consists of two main components: the rotor and the stator. The rotor is attached to the rotating part of the system, such as a shaft, and the stator is fixed to the stationary part. The rotor and stator are separated by a set of conductive rings and brushes or contacts that make electrical contact with each other.

The wind power industry has experienced substantial growth due to increasing concerns about climate change and the need for clean and renewable energy sources. As more wind farms are installed worldwide, demand for slip rings in wind turbines increases proportionally. Moreover, there has been a trend towards larger wind turbines with higher power capacities to maximize energy generation. These larger turbines require more advanced and robust slip-ring systems to handle the increased electrical power and data transmission requirements. Therefore, the demand for slip rings with higher performance capabilities has risen. Furthermore, modern wind turbines incorporate sophisticated control systems to optimize performance, monitor turbine health, and enable remote monitoring and control. Slip rings are crucial for transmitting signals and data from sensors and control devices on the rotating blades to the control systems on the ground. The adoption of advanced control systems in wind turbines has driven the demand for slip rings. Continuous advancements in slip ring technology have enhanced their efficiency, reliability, and lifespan. Manufacturers have introduced innovative designs and materials that can withstand the harsh operating conditions in wind turbines, such as high wind speeds, temperature variations, and vibrations.

Slip rings used in outdoor or harsh environments face challenges related to environmental conditions such as temperature extremes, humidity, dust, and corrosive substances. Slip rings may need to operate in environments with extreme temperatures, both high and low. Extreme heat or cold can affect the performance and lifespan of the slip rings. Manufacturers must design slip rings with materials and components that can withstand temperature variations without compromising their functionality. Moreover, slip rings used in environments with high humidity or moisture levels can face issues such as condensation, corrosion, and electrical shorts. Special sealing techniques and materials need to be used to protect the slip rings from moisture ingress and ensure reliable operation. Outdoor environments often contain dust, dirt, and other particulate matter that can enter the slip rings and interfere with their rotation or electrical connections. Slip ring manufacturers must consider effective sealing mechanisms and filtration systems to prevent the ingress of dust and maintain optimal performance.

The growing demand for slip rings in automation and robotics is driving technological advancements in the slip rings field. Manufacturers are investing in R&D to improve slip ring designs, materials, and capabilities. This presents an opportunity for companies to develop innovative slip ring solutions that meet the specific requirements of automated systems, such as high-speed data transmission, compact size, and reliable power transfer. Moreover, as automation and robotics continue to expand across various industries, there is a need for specialized slip rings tailored to specific applications. Different industries have unique requirements, such as high precision, resistance to harsh environments, or compatibility with specific communication protocols. Companies that can offer customized slip rings to meet these specific needs will have a competitive advantage in the market. The integration of slip rings with Industry 4.0 technologies, such as the Industrial Internet of Things (IIoT) and data analytics, presents opportunities for enhanced performance monitoring and predictive maintenance.

The COVID-19 pandemic had significant impacts on the market for slip ring. The pandemic caused interruptions in global supply chains, including the availability of raw materials and components necessary for slip ring manufacturing. This led to delays or shortages in the production and delivery of slip rings. Industries such as automotive, aerospace, and manufacturing, which are major consumers of slip rings, were adversely affected by the pandemic. With economic slowdown and reduced business activities, the demand for slip rings declined. COVID-19 safety protocols, social distancing measures, and workforce limitations affected the production capacity and efficiency of slip ring manufacturers. This resulted in delays in fulfilling orders and meeting customer demands. The pandemic brought about changes in various industries, with some sectors experiencing growth while others facing significant decline. Slip rings used in industries related to entertainment, events, and hospitality were particularly impacted due to the restrictions imposed on these sectors.

The key players profiled in this report include: Schleifring GmbH, Michigan Scientific Corporation, Moog Inc., Cobham Plc, Electro-Miniatures Corporation, United Equipment, Accessories, Inc, NSD Corporation, Conductix-Wampfler, STEMMANN-TECHNIK, and Rotac Co. Ltd. The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as collaborations and acquisitions.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the slip ring market analysis from 2022 to 2032 to identify the prevailing slip ring market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the slip ring market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global slip ring market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Consumer Buying Behavior Analysis
Investment Opportunities
Upcoming/New Entrant by Regions
Technology Trend Analysis
Market share analysis of players by products/segments
New Product Development/ Product Matrix of Key Players
Regulatory Guidelines
Strategic Recommedations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Brands Share Analysis
Expanded list for Company Profiles
Historic market data
Market share analysis of players at global/region/country level
SWOT Analysis

Key Market Segments

By Product Type

Mercury-wetted slip rings
Pancake slip rings
Wireless Slip rings
Others

By End user

Aviation and Aerospace
Defense
Space
Heavy equipment
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- UAE
- Saudi Arabia
- South Africa
- Rest of LAMEA

Key Market Players:

Moog Inc.
Schleifring GmbH
COBHAM PLC
Rotac Co.
conductix-wampfler usa
Michigan Scientific Corporation
Stemmann-Technik GmbH
Mersen S.A.
NSD Corporation
United Equipment Accessories, Inc

Product Code: A46354

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. Market Share Analysis
3.6. Brand Share Analysis
3.7. Value Chain Analysis
3.8. Key Regulation Analysis
3.9. Patent Landscape
3.10. Regulatory Guidelines

CHAPTER 4: SLIP RING MARKET, BY PRODUCT TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Mercury-wetted slip rings
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Pancake slip rings
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Wireless Slip rings
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: SLIP RING MARKET, BY END USER

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Aviation and Aerospace
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Defense
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Space
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Heavy equipment
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country

CHAPTER 6: SLIP RING MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Product Type
- 6.2.3. Market size and forecast, by End user
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Product Type
  - 6.2.4.1.2. Market size and forecast, by End user
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Product Type
  - 6.2.4.2.2. Market size and forecast, by End user
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Market size and forecast, by Product Type
  - 6.2.4.3.2. Market size and forecast, by End user
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Product Type
- 6.3.3. Market size and forecast, by End user
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Market size and forecast, by Product Type
  - 6.3.4.1.2. Market size and forecast, by End user
  - 6.3.4.2. UK
  - 6.3.4.2.1. Market size and forecast, by Product Type
  - 6.3.4.2.2. Market size and forecast, by End user
  - 6.3.4.3. France
  - 6.3.4.3.1. Market size and forecast, by Product Type
  - 6.3.4.3.2. Market size and forecast, by End user
  - 6.3.4.4. Spain
  - 6.3.4.4.1. Market size and forecast, by Product Type
  - 6.3.4.4.2. Market size and forecast, by End user
  - 6.3.4.5. Italy
  - 6.3.4.5.1. Market size and forecast, by Product Type
  - 6.3.4.5.2. Market size and forecast, by End user
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Market size and forecast, by Product Type
  - 6.3.4.6.2. Market size and forecast, by End user
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Product Type
- 6.4.3. Market size and forecast, by End user
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Product Type
  - 6.4.4.1.2. Market size and forecast, by End user
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Market size and forecast, by Product Type
  - 6.4.4.2.2. Market size and forecast, by End user
  - 6.4.4.3. India
  - 6.4.4.3.1. Market size and forecast, by Product Type
  - 6.4.4.3.2. Market size and forecast, by End user
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Market size and forecast, by Product Type
  - 6.4.4.4.2. Market size and forecast, by End user
  - 6.4.4.5. Australia
  - 6.4.4.5.1. Market size and forecast, by Product Type
  - 6.4.4.5.2. Market size and forecast, by End user
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Market size and forecast, by Product Type
  - 6.4.4.6.2. Market size and forecast, by End user
6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Product Type
- 6.5.3. Market size and forecast, by End user
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Market size and forecast, by Product Type
  - 6.5.4.1.2. Market size and forecast, by End user
  - 6.5.4.2. UAE
  - 6.5.4.2.1. Market size and forecast, by Product Type
  - 6.5.4.2.2. Market size and forecast, by End user
  - 6.5.4.3. Saudi Arabia
  - 6.5.4.3.1. Market size and forecast, by Product Type
  - 6.5.4.3.2. Market size and forecast, by End user
  - 6.5.4.4. South Africa
  - 6.5.4.4.1. Market size and forecast, by Product Type
  - 6.5.4.4.2. Market size and forecast, by End user
  - 6.5.4.5. Rest of LAMEA
  - 6.5.4.5.1. Market size and forecast, by Product Type
  - 6.5.4.5.2. Market size and forecast, by End user

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. Moog Inc.
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
8.2. Schleifring GmbH
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
8.3. COBHAM PLC
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
8.4. Rotac Co.
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
8.5. conductix-wampfler usa
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
8.6. Michigan Scientific Corporation
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
8.7. Stemmann-Technik GmbH
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
8.8. Mersen S.A.
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
8.9. NSD Corporation
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
8.10. United Equipment Accessories, Inc
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot