DUBLIN--(BUSINESS WIRE)--The "Global Slip Rings Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The slip rings market will register a CAGR of over 3% by 2023.
The technology innovations in slip rings are expected to drive the market growth during the forecast period. Modular designs in slip rings allow technicians to easily replace a failed component in industrial and mechanical machinery.
In addition, these slip rings are increasingly gaining popularity in various applications because they offer adaptable design measurements, multiple transmission ways, and high-power loads.
Moreover, vendors are focusing on developing micro slip rings using the ultra-micro slip ring technology which can perform at higher levels. Therefore, these advancements in slip rings development will lead the global slip rings market during the forecast period.
Technology innovations in slip rings
One of the growth drivers of the global slip rings market is the technology innovation in slip rings. Technological advancement in slip rings such as modular designs allows technicians to easily replace a failed component in industrial and mechanical machinery.
High maintenance cost associated with slip rings
One of the challenges in the growth of the market is the high maintenance cost associated with slip rings. The high replacement cost associated with damaged slip rings will hamper the market growth during the forecast period.
Competitive Landscape
The market appears to be moderately fragmented and with the presence of several vendors. The slip rings manufacturers in the market are focusing on offering wireless slip rings because they are an effective alternative to electromechanical slip rings in various applications.
This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Cobham PLC
- Mersen
- Moog Inc.
- RUAG Group
- STEMMANN-TECHNIK GmbH
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
- Comparison by application
- Commercial-industrial - Market size and forecast 2018-2023
- Aerospace, defense, and marine - Market size and forecast 2018-2023
- Other - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Advent of wireless slip rings
- Rising emphasis on miniature & micro slip rings
- Increasing investments in oil & gas machineries
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Cobham PLC
- Mersen
- Moog Inc.
- RUAG Group
- STEMMANN-TECHNIK GmbH
For more information about this report visit https://www.researchandmarkets.com/r/vbfppf
