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Rotary and RF Rotary Joints Market worth $1.9 billion in 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, Aug. 22, 2024 /PRNewswire/ — The global rotary and RF rotary joints market is expected to reach USD 1.9 billion in 2029 from USD 1.5 billion in 2024, at a CAGR of 5.4% during the forecast period according to a new report by MarketsandMarkets™. The market’s growth is propelled by the modernization of manufacturing processes in regions such as Asia Pacific and the increasing adoption of industrial automation. In addition, the market is driven by the rising demand for hybrid rotary joints in satellite communication and military applications. The growth in global defense spending increases the demand for advanced technology within the military and aerospace sectors. RF rotary joints are important in applications like rotating vehicle-mounted cameras and underwater radar systems. However, the exposure to harsh operating conditions and leakage problems restrain the market’s growth.

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Browse in-depth TOC on “Rotary and RF Rotary Joints Market” 
162 – Tables
59 – Figures
199 – Pages

Rotary and RF Rotary Joints Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 1.5 billion

Estimated Value by 2029

$ 1.9 billion

Growth Rate

Poised to grow at a CAGR of 5.4%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Rotary Joints Type, Channel, RF Rotary Joints Type, Application, Industry and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Mechanical wear owing to continuous rotation and exposure to harsh environments

Key Market Opportunities

Rising demand for hybrid rotary joints in satellite communication applications

Key Market Drivers

Increasing demand from communication systems in defense applications

The Coaxial segment is expected to dominate in the forecast period.

The coaxial RF rotary joint is expected to have the largest market share throughout the forecast period. Rotary joints find many applications in industries such as radar systems, satellite communications, and industrial machinery. Coaxial rotary joints are constantly updated with better material used, improved signal transmission quality, and increased durability to increase their adoption with time. This wide range of applications and higher adoption rate ensure that these products have a large market share.

The industrial automation segment is anticipated to grow fastest during the forecast period.

The industrial automation segment is expected to grow fastest in the forecast period, boosted by several factors. This can be attributed to the fact that, with the shift of industries like automotive, electronics, and consumer goods toward automated manufacturing processes, the need for rotary joints increases. These components support various types of automated equipment, such as robotic arms, conveyor systems, and rotating machinery, in working correctly.

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US in the North America region to dominate the rotary and RF rotary joints industry during the forecast period.

The U.S. features a very high degree of development in the industrial sector and produces sophisticated machinery and equipment. It also includes producing high-precision machinery and equipment, which cannot be effectively realized without rotary joints. Besides, the US has key sectors like telecommunication, health, automotive, and industrial automation that are well-established and growing rapidly. All these sectors require rotary joints for various applications and thus drive market demand.

Key players

The rotary and RF rotary joints companies includes significant Tier I and II players like Moog Inc. (US), Kadant Inc. (US), Columbus McKinnon Corporation (US), Deublin Company (US), Dynamic Sealing Technologies Inc (US), Macartney Underwater Technology (Denmark), Cobham France SAS (France), Pasternack Enterprises Inc (US), Spinner GmbH (Germany),  Spectrum Control (US) are some of the key players in the rotary and RF rotary joints market.

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CASIO Aims to Capture the Capital’s Fashion-Centric Urban Youth with its New Exclusive Store at Kamla Nagar

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NEW DELHI, Sept. 23, 2024 /PRNewswire/ — Casio Computer Co. Ltd, headquartered in Japan and the parent company of Casio India, launches its exclusive store in Kamla Nagar. With this endeavour, the brand has strengthened its retail footprint to 64 stores across India with the fifth exclusive Casio store in New Delhi.

Located in the heart of Kamla Nagar market, a vibrant hub for Delhi University students, the new Casio Exclusive store is poised to become an emblem of trendsetting timepieces, blending Japanese quality and craftsmanship with sophisticated style. The store features G-SHOCK’s Limited-Edition drops, all iconic styles of 5000, 5600, 6900, 110 & 2100 Series and the latest launches from the G-STEEL range. Customers will find timepieces that showcase precision and design—from the rugged durability of G-SHOCK to the timeless elegance of Casio watches to the sophisticated chronographs of Edifice, and the nostalgic appeal of Vintage—catering to a wide array of tastes and preferences.

Speaking about the launch, Mr. Hideki Imai, Managing Director of Casio India, said, “We are thrilled to announce the opening of our newest CASIO store in Kamla Nagar, marking our fifth milestone in Delhi and our 64th across India. This launch represents a significant step in our nationwide expansion and our commitment to engaging with the students and watch enthusiasts who frequently visit and reside in the North campus of Delhi University.

“Kamla Nagar, with its vibrant community of young, creative minds, is the ideal location for our newest store. This launch reinforces our dedication to delivering unique and immersive experiences to our consumers in Delhi NCR, aligning with their evolving lifestyles and preferences. We look forward to welcoming our customers to the new store, where they can experience a fine blend of Japanese craftsmanship, unmatched durability and trendsetting style.”

Set to open its doors to Delhi University’s fashion and watch enthusiasts who value individuality and a unique sense of style, this store promises an enthralling experience unlike any other. Located at Shop No. 33/34, Kamla Nehru Marg, Bungalow Road, the brand invites visitors to explore its newly curated space, where every corner embodies the spirit of innovation and creativity. The store is operational from 10:30 AM to 09:30 PM on all days of the week.

About Casio India Co. Pvt. Ltd.:

Casio India Co. Pvt. Ltd.(CIC) is the Indian subsidiary of Casio Computer Co., Ltd., Tokyo, Japan, one of the world’s leading manufacturers of consumer electronics and business equipment solutions. Casio India has established a dynamic presence in the Indian market since 1996, emerging as a leading and cherished consumer goods manufacturer. Casio India’s range of products includes the sales and marketing of Timepieces, Electronic Musical Instruments, Desktop Calculators, Scientific Calculators, Label Printers, and Clocks.

 Setting the benchmark for excellence, Casio India is dedicated to embodying the spirit of innovation and quality that defines the Casio legacy. With a strong commitment to its corporate creed of ‘creativity and contribution,’ Casio has consistently translated this ethos into the creation of innovative products making a positive impact on society.

For more information, visit https://www.casio.com/in/

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Hospital in Greenland chooses Sectra’s radiology solution–enhanced cross-country collaboration for improved patient care

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LINKÖPING, Sweden, Sept. 23, 2024 /PRNewswire/ — International medical imaging IT and cybersecurity company Sectra (STO: SECT B) will provide its enterprise imaging solution to Dronning Ingrids hospital (DIH) in Greenland. The solution will enhance DIH’s ongoing collaboration with hospitals in Denmark, addressing resource and subspecialty challenges, and ultimately improving patient care in the region. 

“The partnerships we have with hospitals in Denmark are highly important to us as we, being sparsely populated, struggle to recruit staff and cover medical specialties locally. To deliver care at the speed and quality we want, we need to both increase the efficiency of our internal radiology workflows and facilitate the cooperation with healthcare providers in Denmark. Sectra’s unified platform enables this by providing easy access to images, data, patient portfolio and necessary tools, along with the ability to efficiently share information,” says Cosmus Pyndt, Manager of the diagnostic and therapeutic department in the region.

DIH is Greenland’s central hospital. It is located in the city of Nuuk, also supporting 15 clinics spread around the country. The contract for Sectra’s enterprise imaging solution was signed in the second quarter of Sectra’s 2024/2025 fiscal year following a donation to the hospital from Kirsten og Freddy Johansens Fond. DIH will initially utilize the solution’s module for radiology.

“Sharing resources, expertise and workload between hospitals within a region or, as in this case, even across borders, is crucial in handling the increasing workloads in healthcare and resource shortages. Therefore, the sharing of information and images between hospitals should be efficient and easy. It is encouraging to witness the collaboration between DIH and hospitals in Denmark. The involvement of Rigshospitalet in Denmark, which went live with Sectra this summer, and particularly the expertise of Chief Radiologist Martin Lundsgaard Hansen, has been helpful in shaping this project,” says Sune Henriksen, Managing Director, Sectra Denmark.

He continues: “I am honored to support Dronning Ingrids hospital in delivering high-quality patient care, and we are excited about this new chapter for Sectra as we extend to support healthcare in Greenland.”

Sectra’s enterprise imaging solution provides a unified strategy for all imaging needs while lowering operational costs. The scalable and modular solution, with a VNA at its core, allows healthcare providers to grow from ology to ology and from enterprise to enterprise. Visit Sectra’s website to read more about Sectra and why it’s top-ranked in ‘Best in KLAS‘.

About Sectra
Sectra contributes to a healthier and safer society by assisting health systems throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. The company, founded in 1978, is headquartered in Linköping, Sweden, with direct sales in 19 countries, and distribution partners worldwide. Sales in the 2023/2024 fiscal year totaled SEK 2,964 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra’s website.

For further information, please contact:
Dr. Torbjörn Kronander, CEO and President Sectra AB, +46 (0)705 23 52 27
Marie Ekström Trägårdh, Executive Vice President Sectra AB and President Sectra Imaging IT Solutions, +46 (0)708 23 56 10

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FluoRok raises £7.7m ($9.8m) to transform the safety and sustainability of fluorochemical production

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OXFORD, England, Sept. 23, 2024 /PRNewswire/ — FluoRok, an Oxford-based start-up, has raised £7.7m to scale-up, manufacture and commercialise novel fluorochemical reagents and battery electrolyte salts. The oversubscribed round was led by BGF alongside Green Generation Fund and included battery specialist Volta Energy Technologies, current investors (Oxford Science Enterprises and University of Oxford), Excellis Holding and angels.

Founded in 2022, FluoRok is a University of Oxford spin-out that has developed an innovative patented method to access fluorochemicals, chemicals containing the element fluorine and key to global energy transition, healthcare and food supply.

With a growing market valued at $24bn, fluorochemical manufacturing relies on a centuries-old, carbon-intensive process centred around hydrogen fluoride (HF), a highly-toxic, hazardous and difficult-to-handle chemical. FluoRok has developed a safe and sustainable approach completely bypassing HF and providing environmentally friendly access to fluorochemicals while reducing process costs. FluoRok’s groundbreaking innovation has gained substantial traction, attracting numerous potential customers across core markets of Li-ion battery electrolyte salts and agrochemicals.

The funding will support team growth and expanded production facilities for the initial supply of fluorinating reagents and lithium hexafluorophosphate (LiPF6), a key component of lithium-ion batteries.

Dr Gabriele Pupo, CEO and founder of FluoRok, said: “We are delighted to welcome BGF, Green Generation Fund and Volta Energy Technologies to our investor base. Their experience of building breakthrough businesses in battery and sustainable technologies is invaluable. With an outstanding investor syndicate, we continue our mission to make fluorochemicals production safer, cheaper, and more sustainable. This investment is critical in scaling and commercialising our proprietary technology with partners across the global fluorochemical supply chain, and in accelerating technology that will provide a reliable and localised supply of a key component of Li-ion batteries.”

Dennis Atkinson, investor at BGF, said: “FluoRok’s approach transforms the safety and sustainability of fluorochemical production while reducing costs. Particularly encouraging is significant early demand from customers worldwide and we look forward to supporting FluoRok’s journey to disrupt the global market and reach commercial scale.”

Manon Littek, founding partner at Green Generation Fund, said: “FluoRok’s revolutionary process offers a breakthrough for the fluorination industry, enabling access to compounds fundamental to energy transition, global food supply, and health. As we continue our mission toward a resilient and sustainable future, GGF is thrilled to partner with a future global leader in fluorination and supply chain independence.”

Dr Jeff Chamberlain, CEO and Founder of Volta Energy Technologies said: “Volta is enthused and eager to support FluoRok as it commercialises and scales its unique fluorinating agents. The use of FluoRok’s reagents in the battery industry promises to enable production of fluorinated electrolyte salts, like LiPF6, without the use of toxic and corrosive hydrofluoric acid. This will reduce barrier-to-entry to the electrolyte industry in Europe and North America. Beyond the battery industry, numerous applications for FluoRok reagents provide potential to have an impact in many global markets.”

Notes:
www.fluorok.com www.bgf.co.uk  www.greengenerationfund.com
www.volta.vc

Enquiries info@fluorok.com

 

SOURCE FluoRok Limited

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