Press release
Global Pneumatic Actuator Market Become Dominant At CAGR Of 4.04% By 2021
Actuators are devices that use a power source to operate a valve. They are used to automate industrial valves in industries such as power generation, oil and gas, mining, chemical and petrochemical, automotive, semiconductor, and food and beverage. While manually operated actuators require manual adjustment, power operated actuators can be operated and adjusted by using electric current, gas, or hydraulic pressure. With the help of power operated actuators, valves can be used in areas where human intervention can be unsafe.
Technavios analysts forecast the global pneumatic actuator market to grow at a CAGR of 4.04% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global pneumatic actuator market for 2017-2021. To calculate the market size, the report considers the new installations sales/value and installation services market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Pneumatic Actuator Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Emerson Electric
Flowserve
Parker Hannifin
Rotork
SMC
Other prominent vendors
ATI
Cameron
Crane
Eaton
Festo
General Electric
Honeywell
Moog Flo-Tork
NUTORK
Market driver
Increased momentum of automation projects in power, chemical, and oil and gas industries
For a full, detailed list, view our report
Market challenge
Requirement of air-producing equipment
For a full, detailed list, view our report
Market trend
Adoption of IoT-enabled actuators for predictive maintenance
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market overview
Market size and forecast
Five forces analysis
PART 06: MARKET SEGMENTATION BY PRODUCT TYPE
Market overview
Global pneumatic actuator market by product type
Global quarter-turn pneumatic actuator market
Global multi-turn pneumatic actuator market
Global linear pneumatic actuator market
PART 07: MARKET SEGMENTATION BY END-USER
Market overview
Market size and forecast
Global pneumatic actuator market by product type
Global pneumatic actuator market in chemical and petrochemical industry
Global pneumatic actuator market in oil and gas industry
Global pneumatic actuator market in power generation industry
Global pneumatic actuator market in mining industry
Global pneumatic actuator market in others industry
PART 08: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas Market size and forecast
EMEA Market size and forecast
APAC Market size and forecast
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Adoption of IoT-enabled actuators for predictive maintenance
Use of electro-pneumatic electromechanical positioning system for position control
Technological advances in soft pneumatic actuators in robotic industry
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