Sliding Vane Air Motor Market Expected to Reach $3,677.7, Brief Analysis on Top Key players Atlas Copco, Parker Hannifin Corporation, SANEI Co. Ltd., Ingersoll-Rand, Bibus AG, FIAM, Desoutter Industrial Tools, Globe Airmotors, Sommer-Technik, and Ferry Pr

Sliding Vane Air Motor Market: Global Opportunity Analysis and Industry Forecast, 2018-2025, the artificial intelligence market accounted for $2,575.8 million in 2017, and is expected to reach $3,677.7 million by 2025, growing at a CAGR of 4.61% from 2018 to 2025. In 2017, Asia-Pacific dominated the global market share in terms of revenue by accruing 36.0% share, which was followed by Europe.

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Sliding vane air motor are air motors that constitute multiple vanes fitted on slotted rotor. These motors utilize the energy stored in form of compressed air to exert pressure on vanes, which convert the potential energy into mechanical work by providing rotational motion to the central shaft. Moreover, increase in investment toward superior industrial tools and systems and the ability to perform efficiently in hazardous conditions with low fuel consumption boost the growth of the sliding vane air motor market. However, high energy consumption and low demand in heavy duty applications are expected to hamper the market growth.

The products segment accounted for the highest market share of about 74.00% in 2017 and is expected to grow at a CAGR of 4.34% during the forecast period. Among end-user industries, the others sector is expected to be the leading revenue contributor in rotary vane air motor market in the coming years. The industrial equipment segment accounted for a major share of about 75.00% in 2017, owing to increase in demand for tools with variable torque, speed, and fastening capabilities.

Asia-Pacific is one of the fastest growing regions in the global sliding vane air motor market. It is expected to witness higher growth rate during the forecast period, owing to increase in demand for sliding vane air motor in industrial equipment used in automotive and manufacturing industries.

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Prominent players, such as Atlas Copco, Parker Hannifin Corporation, SANEI Co. Ltd., Ingersoll-Rand, Bibus AG, FIAM, Desoutter Industrial Tools, Globe Airmotors, Sommer-Technik, and Ferry Produits, have focused on developing new products and components to sustain the competition and expand their market presence.

Analyst Review:

The global sliding vane air motor market signifies a notable growth due to the increase in deployment of sliding vane air motors in various tools and industrial equipment. Sliding vane air motors are air motors that constitute multiple vanes fitted on slotted rotor. These motors utilize the energy stored in the form of compressed air to exert pressure on vanes, which provide rotational motion to the central shaft. Increase in demand for tools with variable torques and fastening capabilities majorly increase the adoption of rotary vane air motors. However, these air motors need unfavorable energy in heavy duty application, which hinder the growth of the market.

Furthermore, there is an increase in demand for the vane air motors in industrial equipment used in automotive and manufacturing industries. This increase in demand majorly boosts the growth of the air motors in the Asia-Pacific market. In addition, LAMEA is projected to be among the fastest growing segments during the forecast period, owing to the ability of the air motors to perform efficiently in hazardous condition without damage, which is projected to increase the requirement in mining and oil & gas processing industries.

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