Global Rotary Solenoids Market Overview:
Rotary solenoids are the device that is used mainly for thermal imaging, laser optical devices, medical devices, packaging machines, food technology, apparatus construction, and other applications. Rotary solenoids are the electromechanical device that converts linear motion into rotary motion. It provides faster, reliable, and efficient shutter action required in various applications. There are various types of rotary solenoids including bistable rotary solenoids and monostable rotary solenoids, self-restoring rotary solenoids, latching rotary solenoids, on-off rotary solenoids, etc depending on its specific applications.
Growth Drivers
- Growing Machinery and Manufacturing Industry
- Demand for the Less Power Consuming Mechanism for Required Torque
Market Trends
- Increasing Usage of Bistable Rotary Solenoids
- Continuous Technological Advancements in the Rotary Solenoids
Roadblocks
- Environment Related Adverse Impact Associated with Rotary Solenoids
Opportunities
- Introduction of Various Types of Rotary Solenoids with Advanced features for Different Applications will Boost the Rotary Solenoids Market
Challenges
- Strict Regulator Guidelines and Standards on Rotary Solenoids
Competitive Landscape:
Some of the key players profiled in the report are MAGNET-SCHULTZ GmbH & Co. KG (Germany), Kendrion N.V. (Netherlands), Johnson Electric (Hong Kong), Moog Inc. (United States), NSF Controls Ltd (United Kingdom), Takano Co., Ltd. (Japan), Saaskin Corporation (India), RAM Company (United States), Bicron Electronics Company (United States), Brandstrom Instruments (United States), DACO Instrument (United States) and G. W. Lisk Co Inc (United States). Considering Market by Voltage, the sub-segment i.e. AC (Alternating Current) will boost the Rotary Solenoids market. Considering Market by Sales Channel, the sub-segment i.e. Direct will boost the Rotary Solenoids market.
On 7th January 2020, G.W. Lisk Company announced the launch of the company’s Rotary Variable Differential Transformer (RVDT) product line. The RVDT is an electromechanical transducer that translates angular displacement into a proportional electrical signal when energized with a fixed AC excitation. An RVDT is a highly reliable choice for position sensing in even the most extreme environmental conditions due to its ultra-low friction design and repeatable, exceptional resolution.
What Can be Explored with the Rotary Solenoids Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Rotary Solenoids Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Rotary Solenoids
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Rotary Solenoids market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Rotary Solenoids market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Rotary Solenoids Manufacturers, Rotary Solenoids International Traders, Rotary Solenoids Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.