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Pneumatic Equipment Market: Competitive Dynamics & Global Outlook 2023
An air blow gun consists of a nozzle, or tip, installed on a compressed air gun or line. On an air gun, the nozzle serves as a quick and efficient tool for light cleaning, drying and blowing off of parts or work areas. On an airline, it can be used to blow out parts or waste, or to dry out parts in an automated manufacturing process.
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Global Pneumatic Equipment Market: Forecast by Type / Application / Region
In the coming years there is an increasing demand for Air Guns in the regions of North America and Europe that is expected to drive the market for more advanced Air Guns. Increasing of industrial machinery expenditures, more-intense competition, launches in introducing new products, increasing of spending on automotive industry, retrofitting and renovation of old technology, increasing adoption of Air Guns will drive growth in United States and Europe markets.
Globally, the Air Guns industry market is low concentrated as the manufacturing technology of Air Guns is relatively matures than some high-tech equipment. And some enterprises, like West, Unilife, CeQur, etc. are well-known for the wonderful performance of their Air Guns and related services. At the same time, North America, occupied 28.01% sales market share in 2016, is remarkable in the global Air Guns industry because of their market share and technology status of Air Guns.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
Over the next five years, LPI(LP Information) projects that Pneumatic Equipment will register a 1.1% CAGR in terms of revenue, reach US$ 330 million by 2023, from US$ 310 million in 2017.
Global Pneumatic Equipment Market: Key Players
Festo
Smc
Metabo
Silvent
Exair
Hazet
Parker
Bahco
Guardair
Jwl
Kitz Micro Filter
Cejn
Coilhose
Sata
Prevost
Aventics
Ningbo Pneumission
Airtx
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Related Information:
United States Pneumatic Equipment Market Research Report 2018
Europe Pneumatic Equipment Market Research Report 2018
North America Pneumatic Equipment Market Research Report 2018
Asia-Pacific Pneumatic Equipment Market Research Report 2018
China Pneumatic Equipment Market Research Report 2018
EMEA Pneumatic Equipment Market Research Report 2018
Global Pneumatic Equipment Market Research Report 2018
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