Contactless Coupler

Global Contactless Coupler Market Revenue Is Estimated At US$ 471 Million In 2022

Industry Insights

Contactless Coupler Market Outlook (2022-2032)

Global contactless coupler market revenue 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.

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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
  • 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
  • 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

Competitive Landscape: Top Companies in Contactless Coupler Market

Balluff Inc, BGB, Cobham France SAS, Conductix-Wampfler, Kubler, LTN SERVOTECHNIK GMBH, Mercotac, Inc., Moflon, Moog, NSD Corporation, Panlink, PHOENIX CONTACT, Radiall, Schleifring GmbH, SMITEC S.p.A., SMW Electronics, Spinner, TE Connectivity Ltd., Turck, Inc. and Weidmüller are some of the prominent manufacturers of contactless couplers.

The global contactless coupler market is moderately consolidated and competitive owing to the existence of very few tier-1 players. Various marketing strategies are being adopted by key players such as mergers and acquisitions, expansions, collaborations, and partnerships, to extend their reach.

Also, new product development, as a strategic approach, is being adopted by leading contactless coupler manufacturing companies to upscale their market presence. These strategies have resulted in the incorporation of advanced contactless couplers.

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