Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 905.64 million | USD 1,184.96 million | 3.45% | 2022 |
FrequentlyAsked Questions
An electrical slip ring is electromechanical equipment that allows power transmission and electric signals from a stationary structure to a rotary structure.
The global electrical slip rings market growth is owing to electrical slip rings finding large-scale applications in wind turbines for renewable energy generation.
According to a study, the global electrical slip rings industry size was $905.64 million in 2022 and is projected to reach $1,184.96 million by the end of 2030.
The global electrical slip rings market is anticipated to record a CAGR of nearly 5.90% from 2023 to 2030.
The North American electrical slip rings industry is set to register the highest CAGR over the forecasting timeline owing to the presence of strong defense & aerospace sectors in countries such as the U.S. A prominent surge in the product supply to a slew of end-use sectors such as healthcare, industrial manufacturing, and healthcare sectors will steer the regional industry surge. Apart from this, a rise in the raising of funds for space exploration activities in the U.S. will prompt the expansion of the industry in the sub-continent.
The global electrical slip rings market is led by players such as Moog Inc., RUAG, Cavotec SA, Michigan Scientific, Morgan, Pandect Precision, Mercotac Inc., Electro-Miniatures Corp., SenRing Electronics, Conductix-Wampfler, Alpha Slip Rings, GAT, Globetech Inc., Pan-link Technology, JINPAT Electronics, Hangzhou Prosper, JARCH, Moflon, Rotac, Foxtac Electric, Stemmann, Molex, Cobham, Mersen, and Schleifring.
The electrical slip rings market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed