The Global Fiber Optic Rotary Joints Market size is expected to grow at a CAGR of 6.2% from 2021-2028. The report segments the market and forecasts its size, type, application, and region.
Fiber optic rotary joints are a type of connector that has an operating principle similar to the ball and socket joint. This kind of fiber optic connection can be used in all types of optical systems, which makes them extremely versatile. Connectors like this use fiber with different diameters, from small-diameter multimode transmission cables to large diameter single-mode or erbium-doped core (EDC) lasers for special applications such as underwater communications links.
On the basis of Type, the global fiber optic rotary joints market is segmented into Single-Channel, Multi-Channel.
The single-channel type of optic rotary joints is typically used in small, localized systems. They can be made with either a polished or an unpolished ferrule and they offer a very low power handling capacity. Single-channel optical rotary joints have the advantage over duplex ones because electromagnetic interference is reduced when only one channel at a time is used.
Multi-channel type of optic rotary joints is used in systems with a large number of channels. They can be made either with an unpolished or polished ferrule and they have higher power handling capacity than single-channel types. The most common use for these is to split the optical signal from one fiber into two fibers before it reaches its destination, which saves space on the cable while doubling the data transmission rate at no additional cost. A duplex version has twice as many channels, but this also doubles both power consumption and interference susceptibility.
On the basis of Application, the global fiber optic rotary joints market is segmented into Military Applications, Medical Equipment, Robotic Systems, Mining and Oil Drilling, Remotely Operated Vehicles (ROVs), Other.
Military Applications is one of the important application areas for Fiber Optic Rotary Joints. Fiber optic rotary joints are used in military applications to provide secure transmissions of classified information. The installation process is easy because it only requires mechanical rotation in order to produce an electrical connection between two devices. In addition, this device can transmit signals at any range due to its strong durability.
Fiber optic rotary joints are used in medical equipment, robotics, and other fields. Medical instruments that use this joint include endoscopes and microscopes. Fiber optic rotary joint is used for Medical Equipment to provide precise movement and positioning. This coupling provides the precision needed in medical applications such as endoscopes, microscopes, catheters, and other instruments.
Some robotic systems use fiber optic rotary joints to provide power and control signals. The number of channels in the joint depends on how many actuators are needed for a specific application. These applications can be found in industrial facilities or research labs. The single-channel rotary joint is used when only one actuator needs to move, while multi-channel assemblies are used for more complex movements such as open/close door operations, lift - lower - rotate tasks etcetera. In some cases, these types of devices may also come with integrated flex modules which allow them to perform motions that would otherwise have been impossible without major cost increases due to increased complexity.
The application of fiber optic rotary joints for Mining and Oil Drilling Remotely Operated Vehicles (ROVs) is seen in the demand for more control, power, sensor data transmission to increase efficiency. The development of fiber-optic rotary joints also allows miners to work from a remote location where they can stay safe while mining at ground level or below the water surface.
For ROVs, the fiber optic rotary joints are used to control and maneuver these systems while collecting information. The use of fiber-optic rotary joints helps in the transmission of data from sensors to increase efficiency for mining companies or oil exploration firms that work underwater.
On the basis of Region, the global fiber optic rotary joints market is segmented into North America, Latin America Europe, Asia Pacific & Middle East Africa. The North American region is anticipated to emerge as the most lucrative market for global fiber optic rotary joints; owing to the high adoption of military applications in this region. Europe is projected to witness steady growth in terms of revenue over the next eight years. This trend can be attributed mainly due to an increase in the use of robotic systems by various manufacturing companies across these regions. The Asia Pacific represents huge opportunities for manufacturers considering robust economic development coupled with surging investments into emerging economies such as India, China, Australia, and Singapore. In the Latin American region, there are growing demands for fiber optic rotary joints on account of increased demand from offshore drilling industries such as Brazil's Petrobras and Mexico's Pemex among others which have directly led to an increase in revenues post 2023 according to forecasted data. Europe region has seen a surge in demand for fiber optic rotary joints primarily on account of the increase in offshore drilling activities, particularly from new entrants such as Italy's Eni and Norway's Statoil.
The market is driven by factors such as rising demand for transparent data center networks across many industries due to cloud computing requirements; growing need for increased bandwidth coupled with increasing deployment of high capacity equipment at various locations globally including offshore oil rigs and mines to meet stringent labor regulations; availability of various fiber optic rotary joints with different performance and cost features to suit the needs of the market segments.
Up Market Research published a new report titled “Fiber Optic Rotary Joints Market research report which is segmented by Types (Single-Channel, Multi-Channel), By Applications (Military Applications, Medical Equipment, Robotic Systems, Mining and Oil Drilling, Remotely Operated Vehicles (ROVs), Other), By Players/Companies Moog, Schleifring, SPINNER, Cobham, Hangzhou Prosper, Moflon, Jinpat Electronics, Princetel, Hangzhou Grand Technology, Fibernet, Moog, SenRing Electronics, Servotecnica, AFL (Fujikura), Hitachi, Shenzhen Siruida Photoelectric, BGB, AFE”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Fiber Optic Rotary Joints Market Research Report |
By Type | Single-Channel, Multi-Channel |
By Application | Military Applications, Medical Equipment, Robotic Systems, Mining and Oil Drilling, Remotely Operated Vehicles (ROVs), Other |
By Companies | Moog, Schleifring, SPINNER, Cobham, Hangzhou Prosper, Moflon, Jinpat Electronics, Princetel, Hangzhou Grand Technology, Fibernet, Moog, SenRing Electronics, Servotecnica, AFL (Fujikura), Hitachi, Shenzhen Siruida Photoelectric, BGB, AFE |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 249 |
Number of Tables & Figures | 175 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Single-Channel, Multi-Channel and By Application Military Applications, Medical Equipment, Robotic Systems, Mining and Oil Drilling, Remotely Operated Vehicles (ROVs), Other.
Some of the companies that are profiled in this report are:
Fiber Optic Rotary Joints Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Fiber Optic Rotary Joints Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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