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The Rotary and RF Rotary Joints Market Size was valued at USD 699.99 million in 2022 and is expected to reach USD 943.35 million by 2030, and grow at a CAGR of 3.8% over the forecast period 2023-2030.
A double rotary joint is the most common type of rotating muti-passage joint. The double-passage rotary joint is part of a fluid system with two channels, suction and discharge. It detects the flow of pressure in the center of its absorption side, which exceeds one or more labyrinth markings before entering the inner joint of the joint, where it meets the circulating fluid from inside the outer bag to make both internal and external discharge depending on whether additional valves are connected in the series.
KEY MARKET DRIVERS:
The demand for single-passage and multi-passage rotary joints is increasing.
Crucial elements of a factory ecosystem.
RESTRAINTS:
Combination of rotary joints from various manufacturers on a single piece of equipment.
RF Rotary joints are gradually being replaced by hybrid rotary joints.
CHALLENGES:
Uncertainties in rotary joint supply and demand.
Fracking operations will be halted till suspension removed by Germany.
OPPORTUNITIES:
This will be covered under the final version of the report.
COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption.
The market for rotary and RF rotary joints includes major Tier II and Tier III suppliers. These suppliers have their production facilities spread across various Countries. COVID-19 has had an impact on their businesses. The outbreak of the COVID-19 epidemic has had a profound impact on the market for rotary and RF rotary joints. Various regions around the world are still equally affected, and governments in these regions have responded well to the epidemic. As the COVID-19 epidemic continues to plague some parts of North America and the developing countries of Asia, the manufacturing sector faces significant challenges. U.S. and Chinese textile production units, some of the largest in the world, have been experiencing stagnation since the 3rd quarter of 2020. Various manufacturing companies have reduced their production operations across the region. This, combined with the extreme shortage of available components for rotating joints of various applications, has hindered market growth for several years.
The growing growth of automated infrastructure across the various regions such as the US, Canada, Germany, France, UK, China, Japan, South Korea, and India is responsible for the growing need for rotary joints in this sector. In particular, in countries such as the US, China, and India, where governments are actively promoting the transfer of conventional factory equipment to modern factory equipment, the demand for rotary and RF rotary joints is growing exponentially. Various space agencies such as the National Aeronautics and Space Administration (NASA), Indian Space Research Organization (ISRO), and Roscomos (Russia), in recent years have been strengthening their space infrastructure by launching several satellites on different routes. Rotating and RF joints are widely used in these satellites to prevent liquid leaks and to transmit air cooling over the satellite. Therefore, there is a growing need for rotary and RF rotary joints in the space field.
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Countries that produce APAC semiconductor equipment next to China, these countries pioneered the production of medical equipment in the region during the COVID-19 pandemic. Provides medical equipment such as MRIs, CT scanners, PET scanners, radiology, and oncology equipment worldwide during the outbreak of the COVID-19 epidemic.
China holds the largest market share of the rotary and RF rotary joints at APAC in 2021. China is a major manufacturer of rotary and RF rotary joints as well as equipment and other parts remaining in the world other than the US and Germany. At the time of the COVID-19 pandemic, many production facilities in China were closed or operating in very poor conditions due to land closures and movement restrictions imposed by the government. This has resulted in a significant shortage of rotating joints for a few applications across all important industry verticals across the country. Thus, the growth of the market for rotary and RF rotary joints in China was temporarily weakened by 2021. However, as things return to normal with fully functional production units, the market is expected to resume soon.
The key players in Global Rotary and RF Rotary Joints Market are Moog, Columbus McKinnon, Cobham, Dynamic Sealing Technologies, Deublin Company, Moflon Technology, Kadant, Spinner GmbH, API Technologies, Pasternack, Jiangsu Tengxuan Technology and other.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 699.99 Million |
| Market Size by 2030 | US$ 945.35 Million |
| CAGR | CAGR of 3.8% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Coaxial Rotary Joints, Single Passage Rotary Joints, Multi Passage Rotary Joints, Hybrid Rotary Joints, Waveguided Rotary Joints) • By Medium (Air, Oil, Steam, Gas, Water, Coolant) • By Industry Verticals (Aerospace, Food & Beverages, Oil & Gas, Semiconductors, Medical, Commercial, Industrial Automation, Energy, Military) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Moog, Columbus McKinnon, Cobham, Dynamic Sealing Technologies, Deublin Company, Moflon Technology, Kadant, Spinner GmbH, API Technologies, Pasternack, Jiangsu Tengxuan Technology and other. |
| Key Market Drivers | • The demand for single-passage and multi-passage rotary joints is increasing. • Crucial elements of a factory ecosystem. |
| Restraints | • Combination of rotary joints from various manufacturers on a single piece of equipment. • RF Rotary joints are gradually being replaced by hybrid rotary joints. |
The Rotary and RF Rotary Joints Market size was valued at 674.3 Million in 2021 at a CAGR of 3.8%.
Uncertainties in rotary joint supply and demand and fracking operations will be halted till suspension removed by Germany are the challenges in the RF Rotary Joints Market.
Combination of rotary joints from various manufacturers on a single piece of equipment and RF Rotary joints are gradually being replaced by hybrid rotary joints are limiting the RF Rotary Joints Market's expansion.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Rotary and RF Rotary Joints Market Segmentation, By Type
8.1Introduction
8.2 Coaxial rotary joints
8.3 Single passage rotary joints
8.4 Multi passage rotary joints
8.5 hybrid rotary joints
8.6 waveguided rotary joints
8.7 Other
9. Global Rotary and RF Rotary Joints Market Segmentation, By Medium
9.1 Introduction
9.2 Air
9.3 Oil
9.4 Steam
9.5 Gas
9.6 Water
9.7 Coolant
9.8 Other
10. Global Rotary and RF Rotary Joints Market Segmentation, By Industry Verticals
10.1 Introduction
10.2 Aerospace
10.3 Food & beverages
10.4 Oil & gas
10.5 Semiconductors
10.6 Medical
10.7 Commercial
10.8 Industrial Automation
10.9 Energy
10.10 Military
10.11 Other
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Columbus McKinnon.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Moog
12.3 Cobham
12.4 Dynamic Sealing Technologies
12.5 Deublin Company
12.6 Moflon Technology
12.7 Kadant
12.8 Spinner GmbH
12.9 API Technologies
12.10 Pasternack
12.11 Jiangsu Tengxuan Technology
12.12 Other
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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BY TYPE
Coaxial rotary joints
Single passage rotary joints
Multi passage rotary joints
hybrid rotary joints
waveguided rotary joints
BY MEDIUM
Air
Oil
Steam
Gas
Water
Coolant
BY INDUSTRY VERTICALS
Aerospace
Oil & gas
Semiconductors
Medical
Commercial
Industrial Automation
Energy
Military
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
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