RESOLVERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Resolvers are an integral part of various industries and applications, playing a crucial role in providing accurate position feedback systems. These devices are widely used in industries such as aerospace, defense, automotive, robotics, and others. Resolvers offer precise analog rotation or position measurements and are known for their robustness and reliability, even in harsh environments.

Market Dynamics:

The resolvers market is expected to witness significant growth in the coming years, driven by several factors. The increasing demand for automation and robotics across various industries such as - Aerospace and Defense, Automotive, Industrial Machinery and Equipment is one of the key driving forces behind the market growth. As industries strive to improve operational efficiency and accuracy, the need for reliable position feedback systems like resolvers becomes paramount.

Additionally, the aerospace and defense sector is also expected to contribute to the market growth. Resolvers are extensively used in aircraft control systems, weapon positioning systems, and navigation systems, among others. With the growing defense budgets and the need for advanced military equipment, the demand for resolvers is expected to rise.

However, the market is not without its challenges. The availability of alternative position feedback technologies, such as encoders and sensors, could pose a restraint to the market growth. These alternatives offer comparable accuracy and reliability, and some even provide digital outputs, making them attractive for certain applications.

Despite the challenges, the market presents numerous opportunities for both new and existing players. The emergence of Industry 4.0 and the Internet of Things (IoT) have opened up avenues for the integration of resolvers in smart factories and automated systems. Furthermore, the increasing adoption of electric vehicles and autonomous technologies also presents an opportunity for the market, as resolvers are essential for precise position sensing in these applications.

Key Features of the Study:

• This report provides an in-depth analysis of the global resolvers market, providing market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), with 2022 as the base year
• It elucidates potential revenue growth opportunities across different market segments and provides attractive investment proposition matrices
• The study highlights market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• Key players in the resolvers market are profiled based on company highlights, product portfolios, financial performance, and strategies
• The key companies covered in this study include Moog Inc., Honeywell International Inc., AMETEK Inc., TE Connectivity, Woodward Inc., General Dynamics Corporation, Parker Hannifin Corp, Sensata Technologies, Tamagawa Seiki Co., Ltd., LTN Servotechnik GmbH, Maxon Group, Bevone, Danaher Corporation, Kollmorgen, TE Connectivity, ALXION, Micronor, Elmo Motion Control, Electro-Sensors, and Siko GmbH
• Insights from this report would enable marketers and management authorities to make informed decisions regarding future product launches, upgrades, market expansion, and marketing strategies
• This report caters to various stakeholders in the resolvers industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders can benefit from the strategy matrices used in analyzing the global resolvers market enabling ease in decision-making

Resolvers Market Segmentation:

• By Type:
  • Brushless Resolvers
  • Brushed Resolvers
  • Others
• By Axis Type
  • 1-Axis
  • 2-Axis
  • 3-Axis
  • Others
• By End-use Industry
  • Aerospace & Defense
  • Automotive
  • Industrial
  • Others
• By Output
  • Digital
  • Analog
  • Others
• By Component
  • Stator
  • Rotor
  • Converter
  • Others
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Top Companies in the Resolvers Market
  • Moog Inc.
  • Honeywell International Inc.
  • AMETEK Inc.
  • TE Connectivity
  • Woodward Inc.
  • General Dynamics Corporation
  • Parker Hannifin Corp
  • Sensata Technologies
  • Tamagawa Seiki Co., Ltd.
  • LTN Servotechnik GmbH
  • Maxon Group
  • Bevone
  • Danaher Corporation
  • Kollmorgen
  • TE Connectivity
  • ALXION
  • Micronor
  • Elmo Motion Control
  • Electro-Sensors
  • Siko GmbH