Market Challenges And Opportunities

Resolvers Market Drivers:

Increasing use in defense equipment: The use of resolvers is increasing significantly in defense applications such as radars, motion control systems, satellites, and other navigation and positioning equipment. Resolvers are highly reliable and accurate, which makes them suitable for defense applications. For instance, Northrop Grumman utilizes rugged resolvers on the turret drive system for its AN/TPY-2 radar. Increased defense spending globally is driving the adoption of resolvers in critical defense electronic systems. Defense forces are also retrofitting legacy equipment with modern resolvers for improved capabilities. The robust design and resistance to vibration enables long service life for resolvers in defense applications. Northrop Grumman Corporation is an American multinational aerospace and defense technology company. With 95,000 employees and an annual revenue in excess of $30 billion, it is one of the world's largest weapons manufacturers and military technology providers.
Growth of industrial automation: Growing automation across process industries is creating a substantial demand for resolvers in servomotors, robotics, CNC machines, and other automated systems. Resolvers enable accurate tracking of angular position in feedback control systems for automation. Key industries driving resolver adoption include automotive, metals & mining, oil & gas, power generation, chemicals production, and food & beverage. For example, resolvers are used extensively in automotive powertrain systems and assembly lines. The increasing investments in Industry 4.0 technologies is accelerating the automation trend in the industrial sector. This is likely to spur the adoption of resolvers significantly.
Advancements in resolver technology: Ongoing advancements such as contactless resolvers, hollow bore resolvers, multi-speed resolvers, absolute encoders, and the development of Application-specific integrated circuit have enhanced the capabilities and performance of resolvers. Modern resolvers offer higher accuracy, reliability, resolution, and faster processing than earlier models. Manufacturers are developing customized and application specific resolvers according to end-user requirements. The emergence of smart resolvers integrated with electronics and the Industrial Internet of Things (IIoT) also presents growth opportunities.
Rising adoption of motion control systems: The growing use of motion control systems in automation solutions is driving the adoption of resolvers as position sensors. Resolvers allow precise closed-loop motion control in servo motors. They find wide applications in motion control for factory automation, computer numerical control machines, robotics, conveyors systems, and packaging equipment. Resolvers enable efficient coordination between motors and provide position feedback. Advancements in multi-axis motion controllers and Industry 4.0 are catalyzing the use of resolvers for motion control across industries.

Resolvers Market Opportunities:

Resolvers Market Report Snapshots