The rotary and RF rotary joints market is expected to grow from USD 698 million in 2022 to USD 846 million by 2027, at a CAGR of 3.9%. The factors such as Increasing demand for single-passage and multi-passage rotary joints in industrial automation sector are driving the rotary and RF rotary joints market.
Rising demand for multi-channel rotary joints in food & beverages industry are creating opportunities for the rotary and RF rotary joints market. Some of the key companies operating in the market are Moog (US), Kadant (US), Columbus McKinnon (US), Spinner GmbH (Germany), Cobham (UK), API Technologies (US), Dynamic Sealing Technologies (US), and so on.
Moog(US) is one of the leading manufacturers of rotary joints worldwide. It has a vast portfolio of rotary joints ranging from single-passage rotary to various multi-passage rotary joints. The company specializes in manufacturing fiber optic rotary joints (FORJ), which are predominantly used in the oil & gas and energy industries. Furthermore, the company has collaborations with various educational and research institutes as well as key industry leaders across the world, focusing on the R&D of modern rotary joint products.
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Columbus McKinnon (US) is a worldwide manufacturer, designer, and marketer of intelligent motion solutions, including motion control goods, technologies, automated systems, and services. Columbus McKinnon specializes in manufacturing single-passage and multi-passage rotary joints for key industry verticals such as industrial automation, oil & gas, food & beverages, energy, medical, etc. The company invests heavily in R&D activities and continuously propels new innovative products in the market. The company’s state-of-the-art rotary and RF rotary joints are considered industry-standard due to their proven performance and longevity.
Kadant (US) is among the major companies in the rotary and RF rotary joints market. It invests significantly in R&D, which has improved its product portfolio and position in the rotary joints market. Multi-passage rotary joints are the key focus areas of the company in the rotary and RF rotary joints market. Moreover, the company continuously invests in the development and propulsion of new innovative products into the market, making it one of the most lucrative companies operating in this market.
Related Reports:
Rotary and RF Rotary Joints Market with COVID-19 Impact Analysis, by Type (Single Passage Rotary Joints, Multi Passage Rotary Joints), Media, Industry, RF Rotary Joints Market, Type, Application, and Region - Global Forecast to 2027
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