Press release
Global Pneumatic Cylinder market growing at a CAGR of 3.0% During 2019-2025
First, as for the pneumatic cylinder industry, the industry structure is relatively concentrated. The top 10 manufacturers occupied 60% of market share. The top five manufacturers are SMC Corporation, Festo, IMI, Parker, Aventics which are close to 48 per cent totally in 2015. The SMC Corporation which has 16.69% market share in 2015 is the leader in the Pneumatic Cylinder industry. The manufacturers following SMC Corporation are Festo and IMI, which respectively has 12.01% and 6.90% market share in 2015.
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Second, the global consumption of pneumatic cylinder products rises up from 8212.2 K units in 2011 to 10380.6 K units in 2015, with an average annual growth rate of 5.23%. At the same time, the revenue of world pneumatic cylinder sales market has a leap from 837.35 million dollar to 961.83 million dollar. The reason causes this increase is the growing demand for the pneumatic cylinder products in East Asia.
The following manufacturers are covered: SMC Corporation, Festo, IMI, Parker, Aventics, Aro (Ingersoll Rand), Univer, Camozzi, Metal Work, Airtac, Ashun Fluid Power Co, Bimba Manufacturing, EMC, Bansbach, Aignep
Third, Europe is the largest production and consumption region for pneumatic cylinder. Witch production about 32.03% and consumption about 25.91% in 2015.
Forth, the downstream industries of pneumatic cylinder products are industrial realm, automotive, Building industry. In the recent years, with the recovery of global economic, the development of emerging countries, the enlarging expense of china industrial realm, automotive market, the consumption increase of pneumatic cylinder will be bright.
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Finally, we believe pneumatic cylinder industry relatively mature and have a strong connection with the upstream raw materials. We tend to believe the future of winter tire will be optimism.
The global Pneumatic Cylinder market is valued at 1040 million US$ in 2018 is expected to reach 1320 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2019-2025.
This report focuses on Pneumatic Cylinder volume and value at global level, regional level and company level. From a global perspective, this report represents overall Pneumatic Cylinder market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Segment by Regions: North America, Europe, China, Japan
Segment by Type: Single-Acting Cylinders, Double-Acting Cylinders, Other
Segment by Application: Industrial realm, Automotive, Building, Other
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