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Global Slip Ring Market is valued at USD 815.5 Million in 2020 and expected to reach USD 1013.2 Million by 2027 with a CAGR of 3.15% over the forecast period.
Global Slip Ring Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027. Increasing environmental concern and high demand for slip ring to manufacture wind turbines are some of the major factors driving the Global Slip Ring Market.
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Top Key players in the report:
Global Slip Ring Market reports cover prominent players like Moog Inc., Schleifring GmbH, Cobham Plc, STEMMANN-TECHNIK, MERSEN, United Equipment Accessories, Inc., Michigan Scientific Corporation, Rotac Co. Ltd., Electro-Miniatures Corporation, Conductix-Wampfler, NSD Corporation, Alpha Slip Rings, Inc., Globetech Inc, Moflon Technology, Menzel Electromotoren, JINPAT Electronics, SenRing Electronics, Foxtac Electric and others.
Segmentation Analysis of Global Slip Ring Market
Global Slip Ring Market: By Product Type
Global Slip Ring Market: By End Use
Slip ring is an electromechanical device which transmits the power and electrical signals from a stationary to a rotating structure. A slip ring is also used in electromechanical system in whit it required in rotation while transmitting the power or signals. The slip rings also known as, rotating electrical connectors, rotary electrical interface, electrical rotary joins and collectors. In addition, these slip rings are found in slip ring motors, electrical generators for alternating current systems and alternators and in packaging machinery and wind turbines.
News: Deublin Launched a New Family of Configurable Electrical Slip Rings
On August 31st, 2018; Deublin, a leading manufacturer of electrical slip rings, launched the new SRC and SRD electrical slip ring families for use in modern wind turbines The new SRC and SRD model slip rings offer a broad range of options to meet the needs of today’s wind turbines operations. These new products are based on a modular, configurable design with up to 99 electrical channels that can operate at speeds up to 250 rpm, allowing for rapid product selection and shorter overall lead times.
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Market dynamics of the Slip Ring market
Global Slip Ring Market Report provides the best research proposals and essential information needed for finding new product trends or competitive analysis for existing or emerging markets. Let this business report inform you. The report contains expert insights into the industry, product, and company history. and Global Market Trends This industry analysis report gives users access to a comprehensive catalog of market research by industry. Market reports examine the industry at a much higher level than industry research.
Increasing Environmental Concern and High Demand for Slip Ring to Manufacture Wind Turbines are Some of the Major Factors Driving the Market Growth
The increasing environmental concern and regulatory pressure resulting in the deployment of wind turbines which leads to increase the demand for customized slip rings from various industries. In addition, increasing technological advancements and innovations and rising exploration in space are also fostering the demand of the slip ring. From past few years, people are more concern regarding environment and the demand for sustainable, green and clean energy has increased which has also compelled power generation companies to deploy wind turbines to attain these objective. As the demand continues to grows, the demand for annual turbine installed in various countries continues to increase and which is also supplementing the demand for slip ring as it is one of the core components of wind turbine.
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