Space Launch Activities Trigger a New Round of Downstream Industrial Chain Growth

In 2021, China carried out a total of 55 space launches, including two manned spaceflights, which set a historical record. With China's increased investment in the space field, the number of space launches in China will further increase in the future. The scale of the downstream aerospace industry will increase. Although the conductive slip ring manufacturing industry does not directly participate in space launch, the conductive slip ring produced plays an irreplaceable role in spacecraft, ground measurement and control equipment.

As a component used to transmit current and signal between infinitely rotating parts of electromechanical equipment, conductive slip ring is widely used in ground deep space exploration antenna and ocean survey ship antenna rotation system. There are also special conductive slip rings on various types of spacecraft flying in space, which are mostly found in spacecraft PTZ, attitude control system, solar panel and other equipment. Taking the special conductive slip ring for attitude control system as an example, it has high requirements for the high and low temperature impact resistance of the product. Due to the lack of maintainability, the system requires 100% reliability of the conductive slip ring.

The requirements of extremely high reliability make the development of this type of conductive slip ring extremely difficult and costly. Generally, the conductive slip rings of domestic spacecraft are developed within the aerospace group, and few private conductive slip rings are involved. JINPAT Electronics, as an old manufacturer in this field, has rich wire tube technology reserves. However, it has not entered the field of aerospace slip ring at present due to the market and development cost. Recently, as some private enterprises with strict cost control participate in the development of China's aerospace industry, the advantages of private conductive slip ring manufacturers in cost control will provide them with a new choice.

The increase in the number of Chinese space launches will not only bring certain growth to the spacecraft conductive slip ring market, but also encounter a new wave of expansion in ground and marine measurement and control equipment, and build more ground measurement and control stations and ships. Most of the equipment used in these measurement and control stations are high-value integrated conductive slip rings, which will undoubtedly enable private conductive slip ring manufacturers such as JINPAT Electronics with sufficient technical capacity to take a share in this round of market growth.