May 10, 2022   SOURCE: BusinessWire

The Worldwide Rotary and RF Rotary Joints Industry is Expected to Reach $846 Million by 2027 - ResearchAndMarkets.com

The "Global 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 - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

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 market growth can be attributed to several factors, such as the heavy investment in automating factories in North America, and Europe regions.

The Multi passage rotary joints is expected to exhibit a higher CAGR of the rotary and RF rotary joints market during the forecast period

A double-passage rotary joint is the most common type of muti-passage rotary joint. A double-passage rotary joint is a fluid system component with two channels, suction and discharge. It receives a moderate-pressure input flow on its suction side, which passes through one or more labyrinth seals before entering the inner channel of the joint, where it mixes with recirculated fluid from within the outer casing to form both internal and external output flows depending on whether additional valves are connected in series. Columbus McKinnon, Kadant, Moflon Technology, Deublin Company, and Moog are some of the biggest manufacturers of multi-passage rotary joints worldwide.

Water media to hold the largest market share in rotary joints during the forecast period

The water media segment held the biggest share in the rotary joints market in 2021. Water is used as a medium in single-passage and multi-passage rotary joints depending upon the complexity of the application. Water is the most used medium among all the hydraulic rotary joints available in the market. Rotary joints that use water as a medium are moderately priced in the market as they are used for a plethora of applications across key industry verticals. Usually, water as media is used in rotary joints that deal with moderately varying temperature situations. Water can be both used as a lubricant and surface coolant for mechanical systems used in various production units. Owing to its dual application, water as a media is the most popularly used in rotary joints. Water rotary joints can transfer water to protect various mechanical equipment from thermal wear and tear as well damage caused due to friction.

Food & beverages industry is expected to register the highest CAGR in the market during the forecast period

The food & beverages industry aims to achieve high quality and coherent production at low cost for profitable operations. Thus, process automation and implementation of machines have driven down the cost and significantly increased production in the food and beverages industry. The machines and parts used for food processing are regulatory compliant for sterile and non-corrosive to the food materials. Rotary joints are used for various machines such as food blending and mixing systems, bottle washing and cleaning systems, and rotary filling & capping systems. Rotary joints functions to transfer steam, water, oil, and other media to the rotating machines.

Market Dynamics

Drivers

  • Increasing Demand for Single-Passage and Multi-Passage Rotary Joints in Industrial Automation Sector
  • Recent Developments
  • Increasing Demand for Multi-Channel Rotary Joints in Food & Beverages Industry
  • Recent Developments

Restraints

  • Mixing of Rotary Joints from Different Manufacturers on Single Piece of Equipment Can Cause Leakage Problems due to Differences in Parameters
  • Case Study: Exxon Mobil

Opportunities

  • Rising Demand for Hybrid Rotary Joints in Satellite Communication Applications
  • Recent Development
  • Rising Demand for Rf Rotary Joints in Civil and Military Radar Systems
  • Recent Development

Challenges

  • Uncertainties in Supply and Demand for Rotary Joints in Oil & Gas Industry due to Ongoing Russia-Ukraine Conflict

Companies Mentioned

  • A-Info
  • Apitech
  • Apollo Microwaves
  • Bgb Innovation
  • Christian Maier GmbH & Co. Kg Machine Factory
  • Cobham
  • Columbus Mckinnon Corporation
  • Diamond Antenna and Microwave Corporation
  • Dynamic Sealing Technologies, Inc.
  • Haag + Zeissler Maschinenelemente GmbH
  • Hoerbiger Group (Deublin Company)
  • Kadant
  • Macartney Underwater Technology Group
  • Mega Industries
  • Microtech, Inc.
  • Millimeter Wave Products Inc.
  • Moflon Technology
  • Moog
  • Nuraseal
  • Ott-Jakob Spanntechnik GmbH
  • Pasternack
  • Penlink Ab
  • Rix North America
  • Rotary Systems
  • Rototech
  • Space Machine & Engineering
  • Spinner GmbH
  • Syylatech
  • Tengxuan Technology
  • Vector Telecom Pty Ltd

For more information about this report visit https://www.researchandmarkets.com/r/rebrw6