Europe Rotary and RF Joint Market: Industry Analysis and Forecast (2024-2030)

  • In 2023, the Europe Rotary and RF Joint Market was valued at USD 152.28 million and is expected to grow at a CAGR of 4 % during the forecasting period (2024-2030)

  • Format : PDF | Report ID : SMR_726

Europe Rotary and RF Joint Market Overview

 

Europe Rotary and RF Joint Market report examines the market's growth drivers as well as its segments. Data has been provided by market participants, and region. This market study takes an in-depth look at all of the significant advancements that are currently occurring across all industry sectors. To provide key data analysis for the historical period (2018-2022), statistics, infographics, and presentations are used. The report examines the Europe Rotary and RF Joint market’s, Drivers, Restraints, Opportunities, and Challenges. This SMR report includes investor recommendations based on a detailed analysis of the current competitive landscape of the Europe Rotary and RF Joint market.

 

Automation in industries has risen due to rapid technological advancements and urbanization to increase efficiency and lower costs. The key drivers of the Rotary and RF joint market are automation, industrialization, innovation in the oil and gas industry, military, and satellite communication. A rotary joint, also known as a rotary union or rotating union, is a rotary sealing mechanism that transfers steam, water, thermal oil, coolant, hydraulic oil, air, and other fluids from rotating machinery to fixed pipes.

 

The COVID-19 outbreak has significantly influenced the rotary and RF rotary joint markets. In January 2022, industrial production in the EU climbed by 0.4 percent over the previous month; total production is currently 2.5 percent higher than it was in February 2020, the month before the Covid-19 crisis. Since the second half of 2018, when manufacturing GVA began to slow, the sector has been in practically continuous decline. The situation became much worse in 2019 when manufacturing's growth dropped into the negative zone and is on the verge of falling below 16 percent of total GVA across all sectors for the first time since 2014.

 

Europe Rotary and RF Joint Market

 

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Europe Rotary and RF Joint Market Dynamics:

 

Food Industry in Europe:

 

For profitable operations, the food and beverage industry strives for excellent quality and consistent production at a cheap cost. As a result, process automation and machine installation have reduced costs while dramatically increasing productivity in the food and beverage industry. As required by regulations, the machines and parts used in food processing are sterile and non-corrosive to food products. Various devices, such as food blending and mixing systems, bottle washing and cleaning systems, and rotary filling and capping systems, utilize rotational joints. Steam, water, oil, and other substances are transferred to rotating equipment via rotary joints.

 

In terms of jobs and value-added, the food and beverage industry is the largest manufacturing sector. The EU has a significant trade surplus in food, and EU culinary specialties are well-liked worldwide. EU food and drink exports have more than doubled in the last decade, reaching over €90 billion and contributing to an almost USD 32.28 billion positive balance.

 

The EU's food regulation is largely harmonized, and the industry benefits significantly from the EU Single Market's potential. At the same time, the sector is confronted with several issues in both the international and European markets. The European Commission strives to strengthen the EU food sector's competitiveness and the Single Market for Food's functionality. Through various trade discussions and dialogues with third nations, it aims to open up new trade prospects for food and beverage items.

 

Due to different parameters, mixing rotary joints from other manufacturers on the same piece of equipment might cause leakage issues. The rotary seal is perhaps an essential element, whether it's a swivel fitting or a rotary manifold. This is because the seal between the rotating and stationary parts must be sufficiently tight to prevent pressurized fluid leakage while introducing the least amount of torque drag possible. The torque drag of a swivel joint is a measurement of its resistance to rotation. Depending on the application, the complexity of these seals varies. The seal may be nothing more than two machined surfaces pressed together for simple swivel fittings that rotate less than 360°. Ball bearings and springloaded seals with auxiliary fluid pressure loading may be required in rotating manifolds.

 

Failure to follow the manufacturer's standards when selecting swivel joints can result in leakage, premature joint failure, premature hose failure, or all of these problems. By forcing fluid beyond the rotating seals of the joint, exceeding the manufacturer's claimed pressure ratings might cause fluid leakage. Excessive pressure can also increase friction, resulting in premature wear and increased torque drag. Excessive force drag can damage hoses because motion is communicated to the hose rather than the swivel.

 

Europe Rotary and RF Joint Market Segment Analysis:

 

The Europe Rotary and RF Joint market is segmented by product type, application, end-use industry, and geographical region. The Europe Rotary and RF Joint market by Product type is segmented into Single Passage Rotary Joints, Multi Passage Rotary Joints, Wave Guided RF Rotary Joints, Coaxial RF Rotary Joints, and Hybrid RF Rotary Joints.

 

The inner and outer conductors of the stator and rotor are DC-coupled in contacting rotary joints; the coaxial line's diameter determines the maximum frequency. These coaxial rotary joints are utilized in broadband applications and can transmit signals from DC to 92 GHz. In some circumstances, specially engineered slip rings can be employed for low frequencies. Contacting systems of this type can transfer signals from DC to 120 MHz, depending on the unit size.

 

Rotary Joints are used as fluid sealing solutions for medical applications; for instance, they are designed for cleanroom conditions; rotary unions provide high-precision, reliable fluid sealing and transfer solutions for medical assembly automation and testing applications. Rotary unions (joints) offer a trustworthy, high-speed fluid transfer solution for high-precision liquid-solid separation by directly integrating with centrifuge equipment. The European medical devices market is expected to grow at a CAGR of 4.9 percent to USD 63.31 billion by 2030, up from USD 45.3 billion in 2023. The growing geriatric population, a large and well-established medical technology industry, an increase in the number of surgical procedures, an increasing need for cost-containment in the healthcare industry, and the availability of funding for research and product innovation are all driving this market forward.

 

Europe Rotary and RF Joint Market

 

 

In 2023, Germany was the major exporter of transformer Europe Rotary and RF Joint Market, holding 37 percent of the market share, followed by Italy, France and UK.

 

Europe Rotary and RF Joint Market Regional Analysis:

 

The report contains an in-depth analysis of the Europe Rotary and RF Joint market by geographical region across Asia-Pacific. The presence of developed countries like Germany, France and Italy are expected to drive the Europe Rotary and RF Joint market growth in this region. Approximately half of all current employment may hypothetically be automated. At least 30% of the constituent operations in about 60% of jobs might be automated. As a result, 40 percent of workers' time may be freed up for ongoing learning and creative expression.

 

Over the next 10-15 years, automation and AI will increase the demand for technological abilities, while the requirement for basic cognitive skills and physical and manual skills will decrease. Advanced IT and programming skills will be in most markets through 2030, with a 90 percent rise in demand compared to 2016, followed by fundamental digital abilities, which will expand by 69 percent in the US and 65 percent in Europe. The healthcare industry's demand for automated haematology and coagulation diagnostic analyzers, reagents, and cloud-based information systems is driving the European laboratory automation market. Between 2024 and 2030, the process automation market in Europe is estimated to expand by USD 2.53 billion. In 2023, the process automation market is forecasted for a 6.91 percent year-over-year increase.

 

This report aims to analyze current market trends and potential opportunities to enhance growth to succeed in the industry. The report identifies factors influencing market dynamics and development of the Europe Rotary and RF Joint market and how this will control investment during the forecasting period. The report studies regional markets to provide valuable insights into revenue and predicted value; information also includes the competitive landscape of key industry players and their recent developments.

 

Through comprehensive research supported by qualitative and quantitative data, this report provides essential information on the market behavior during the projection period (2024-2030). It also recognizes dominant segments in the market, projects their development, and identifies new elements that will dominate with technological advancements.

 

The report contains detailed analyses through Porter's five forces model to determine the industry's structure and help devise a corporate strategy for the market. The model reports provide essential information about stakeholders' influence, product quality, substitute products, etc. The report also analyses whether the Europe Rotary and RF Joint market is accessible for new competitors to gain a foothold, whether they enter or exit the market regularly, and if a few players dominate it.

 

A measured approach is adopted through Pestel analysis to quantify factors including government policies, economic structure, and political situations that will affect the development of this sector. Economic variables aid in studying financial performance drivers that impact the Europe Rotary and RF Joint Market. The report also considers environmental and legal factors that may affect the progress in this industry.

 

Europe Rotary and RF Joint Market Scope

 

Europe Rotary and RF Joint Market 

Market Size in 2023

USD 152.28 Mn.

Market Size in 2030

USD 200.40 Mn.

CAGR (2024-2030)

4%

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segment Scope

By Product type

 

  • Single Passage Rotary Joints
  • Multi Passage Rotary Joints

By Application

  • Commercial
  • Military

Country Scope

  • UK 
  • France
  • Germany
  • Italy 
  • Spain 
  • Sweden
  • Austria
  • and Rest of Europe

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe Rotary and RF Joint Market Major Competitors:

The Europe Rotary and RF Joint demands innovation and progress in a continuously changing landscape with new government policies and development. Thus, significant players often opt for strategies to invest in research and more recent technologies to be market-ready. Details profiles about the competitors, including revenue, market size, analysis, and technological advancements, are covered in this report.

 

  • Haag Zeisler (Germany)
  • Spreitzer (Germany)
  • Christian Maier (Germany)
  • Moflon (Germany)
  • Spinner GmbH (Germany)
  • Micro Seals (Germany)
  • Kadant (United States)
  • Mega Industries (United States)
  • Moog (United States)

 

 


Frequently Asked Questions

Rapid increase in automation and overall technological development are the primary drivers of the Europe Rotary and RF Joint market.

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • Global Europe Rotary and RF Joint Market: Target Audience
    • Global Europe Rotary and RF Joint Market: Primary Research (As per Client Requirement)
    • Global Europe Rotary and RF Joint Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Key Players Benchmarking: by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
    • Mergers and Acquisitions in Industry: M&A by Region, Value, and Strategic Intent
    • Market Dynamics
      • Market Drivers
      • Market Restraints
      • Market Opportunities
      • Market Challenges
      • PESTLE Analysis
      • PORTERS Five Force Analysis
      • Value Chain Analysis
  5. Europe Rotary and RF Joint Market Segmentation
    • Europe Rotary and RF Joint Market, by Equipment Type (2023-2030)
      • Single Passage Rotary Joints
      • Multi Passage Rotary Joints
      • Wave Guided RF Rotary Joints
      • Coaxial RF Rotary Joints
      • Hybrid RF Rotary Joints
    • Europe Rotary and RF Joint Market, by Application (2023-2030)
      • Commercial
      • Military
    • Europe Rotary and RF Joint Market, by End-Use Industry (2023-2030)
      • Aerospace
      • Food & beverages
      • Industrial Automation
      • Oil & gas
      • Semiconductors
      • Energy
      • Medical
    • Europe Rotary and RF Joint Market, by Country (2023-2030)
      •  Italy
      • Germany
      • France
      • Austria
  6. Company Profiles
    1. Key Players
      • Haag Zeisler (Germany)
        1. Company Overview
        2. Product Portfolio
        3. Financial Overview
        4. Business Strategy
        5. Key Developments
      • Spreitzer (Germany)
      • Christian Maier (Germany)
      • Moflon (Germany)
      • Spinner GmbH (Germany)
      • Micro Seals (Germany)
      • Kadant (United States)
      • Mega Industries (United States)
      • Moog (United States)
  7. Key Findings
  8. Recommendations

 

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