Report Id: SNS/SEMI/1628 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Rotary and RF Rotary Joints Market Size was valued at USD 674.37 million in 2021 and is expected to reach USD 875.54 million by 2028, and grow at a CAGR of 3.8% over the forecast period 2022-2028.
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.
The demand for single-passage and multi-passage rotary joints is increasing.
Crucial elements of a factory ecosystem.
Combination of rotary joints from various manufacturers on a single piece of equipment.
RF Rotary joints are gradually being replaced by hybrid rotary joints.
Uncertainties in rotary joint supply and demand.
Fracking operations will be halted till suspension removed by Germany.
This will be covered under the final version of the report.
IMPACT OF COVID-19:
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.
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.
Coaxial rotary joints
Single passage rotary joints
Multi passage rotary joints
hybrid rotary joints
waveguided rotary joints
BY INDUSTRY VERTICALS
Food & beverages
Oil & gas
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 674.37 Million|
|Market Size by 2028||US$ 875.54 Million|
|CAGR||CAGR of 3.8% From 2022 to 2028|
|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 (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, 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 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.
Frequently Asked Questions (FAQ) :
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Rotary and RF Rotary Joints Market Segmentation, by type
8.2 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
9. Global Rotary and RF Rotary Joints Market Segmentation, by medium
10. Global Rotary and RF Rotary Joints Market Segmentation, By Industry verticals
10.3 Food & beverages
10.4 Oil & gas
10.8 Industrial Automation
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Columbus McKinnon.
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.4 Dynamic Sealing Technologies
12.5 Deublin Company
12.6 Moflon Technology
12.8 Spinner GmbH
12.9 API Technologies
12.11 Jiangsu Tengxuan Technology
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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