Global sales of contactless coupler is estimated at US$ 471 Mn in 2022. The market is forecast to expand at a CAGR of 5.4% and reach a valuation of US$ 803 Mn by 2032. Worldwide consumption of contactless couplers currently accounts for around 5% share of the global coupler market. The Contactless Coupler Market research report aims to provide an unbiased and a comprehensive outlook of the global market to the readers. Analysts have studied the key trends defining the trajectory of the market. The research report also includes an assessment of the achievements made by the players in the Contactless Coupler Market so far. It also notes the key trends in the market that are likely to be lucrative.
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Key Segments of Contactless Coupler Industry Research
- By Product Type:
- FORJ Contactless Couplers
- Single-Channel Contactless Couplers
- Multi-Channel Contactless Couplers
- Inductive Couplers
- Capacitive Couplers
- Others
- FORJ Contactless Couplers
- By Use Case:
- Data Transmission
- Less than 1 Gbps
- 1-3 Gbps
- 3-5 Gbps
- Above 5 Gbps
- Power Transmission
- Upt300 W
- 300-500 W
- Above 500 W
- Hybrid
- Data Transmission
- By End-use Industry:
- Telecommunications
- Energy & Utility
- Electrical & Electronics
- Healthcare & Medical Devices
- Industrial Automation
- Aerospace & Defense
- Marine
- Automotive
- Others
- By Sales Channel:
- OEMs
- Aftermarket
- By Region:
- North America Contactless Coupler Market
- Latin America Contactless Coupler Market
- Europe Contactless Coupler Market
- East Asia Contactless Coupler Market
- South Asia & Oceania Contactless Coupler Market
- Middle East & Africa Contactless Coupler Market
Key Takeaways:
- The contactless coupler market is estimated to hold nearly 5% of demand share in the global coupler market.
- Based on application, the industrial automation segment is anticipated to account for US$ 171 Mn by the end of 2032.
- In terms of product type, the fiber optic rotary joints segment is estimated register growth at a CAGR of 5.5% during the forecast period.
- China contactless coupler market is expected to account for almost 58.3% share owing to the demand for efficient machineries.
- The U.S. contactless coupler market is projected to surpass US$ 127 Mn owing to the rapid advancements in industrial automation, defense, and aerospace sectors.
Competitive Landscape:
The global contactless coupler market is moderately fragmented owing to the presence of tier-1 players including Cobham France SAS, PHOENIX CONTACT, Moog, NSD Corporation, Spinner, and Schleifring GmbH. Top 5 players in the contactless coupler market will account for nearly 35% share.
Key players are focusing on strengthening their global footprint by adopting business strategies such as partnerships, collaborations, and others. Furthermore, some of the players are also advancing their production processes and updating their product portfolio to gain a competitive edge.
For instance,
- In April 2021, PHOENIX CONTACT recently developed CONTACTRON Speed Starter to bridge the gap between motor starters and variable frequency drives. This device without any complexities performs critical functions common in a variable frequency drive (VFD).
Key Companies Profiled by Fact.MR
- Balluff Inc
- Cobham France SAS
- LTN SERVOTECHNIK GMBH
- Turck Inc.
- BGB
- TE Connectivity Ltd.
- PHOENIX CONTACT
- Schleifring GmbH
- Radiall
- SMITEC S.p.A.
- Spinner
- Weidmüller
- Conductix-Wampfler
- Mercotac Inc.
- SMW Electronics
- Kubler Moflon
- Panlink
- Moog
- NSD Corporation
Following Questions Answers Covered in the Report are:
- How will the global Contactless Coupler Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Contactless Coupler Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Contactless Coupler Market?
- How will these strategies influence the market growth and competition?
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