Press release
Pneumatic Cylinder Market Outlook 2026: Key Vendors SMC Corporation, Festo, Parker Hannifin Corporation, Aventics, Aro (Ingersoll Rand), Univer Group, Camozzi, Metal Work, AirTac, Ashun Fluid Power Co
Global pneumatic cylinder market generated revenue of US$ 1,072 Million in 2017. By 2026, the pneumatic cylinder market is expected to amount to US$ 1,401 Million with a CAGR of 3.0% over the forecast period. The pneumatic cylinder, also known as air cylinder, is a mechanical device that uses air pressure to generate force in a linear motion. The pneumatic cylinders are similar to an automobile piston, which is forced by an inflow of pressurized gas in place of a gasoline explosion. After completing each stroke, the piston returns to its starting position.Key Players- Global Pneumatic Cylinder Market.
The major players operating in the global pneumatic cylinder market include SMC Corporation, Festo, Parker Hannifin Corporation, Aventics, Aro (Ingersoll Rand), Univer Group, Camozzi, Metal Work, AirTac, Ashun Fluid Power Co, and others.
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The double acting cylinder segment held the dominant position in 2018
On the basis of functionality, pneumatic cylinder market is segmented into single acting cylinder and double acting cylinder. The double acting cylinder segment held the dominant position in the pneumatic cylinder market and is projected to retain its dominance throughout the forecast period. The double acting cylinders are faster, stronger, and require less energy to complete the task as compared to single acting cylinder. However, double acting pneumatic cylinders are more expensive. Increasing demand for high speed or forced mechanical devices in various industrial application is one of the major factors for high growth of the double acting cylinders segment. Moreover, double acting pneumatic cylinders are used in automobile, motorcycle, ATV, aeroplane landing gear suspensions, which will boost growth of the segment in the market during the forecast period. Double acting cylinders are found in jacks, fork lifts, garbage trucks, trash compactors, elevators, back hoes, and medical application such as ventilator. Increasing application of double acting cylinders in the space program as it is used to open and close the shuttle bay doors have forced to replace the electric motors with hydraulics and pneumatics cylinder due to high radiation level in the space.
Market Dynamics
Increasing production of mining industry plays a key role in the growth of the market as it directly increases demand for earth moving equipment. For instance, according to World Mining Congress, the global mining production was pegged at 16.9 billion metric tons in 2016, up from 15.8 billion metric tons in 2010. Various types of earth moving equipment such as dump trucks, dozers, loaders, and excavators are used for different mining operations.
Increasing mining production in North America is one of the major factors for high demand for earth moving equipment in the region. According to World Mining Congress, in 2016, North America held the second largest position in mining production with a 14.1% share in the world. Hence, increasing demand for earth moving equipment in North America boosts growth of the pneumatic cylinder market in this region.
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