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Pneumatic Equipment Market Report 2020 and Future Opportunity Assessment 2026

02-26-2020 02:33 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Pneumatic Equipment Market

Pneumatic Equipment Market

This Pneumatic Equipment Market research report is focused at providing its reader with all the necessary details that can help them make necessary business decisions. It provides wholesome information that is necessary to understand the market inside-out.

ReportsnReports has recently added a new research report to its expanding repository. The research report, titled "Pneumatic Equipment Market," mainly includes a detailed segmentation of this sector, which is expected to generate massive returns by the end of the forecast period, thus showing an appreciable rate of growth over the coming years on an annual basis. The research study also looks specifically at the need for Pneumatic Equipment Market.

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Report Scope:

The report has been prepared in a clear, easily understandable format with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of pneumatic equipment and their applications, including an explanation of the variations in the growth of the industry in certain regions.

This report covers only standard pneumatic equipment and does not cover unconventional types of pneumatic equipment used in special and one-off applications. Estimated values indicated in this report are based on manufacturers total revenues.

Report Includes:

- 76 data tables
- An overview of the global markets for pneumatic equipment including pneumatic cylinders and valves, and others such as pneumatic power engines and motors
- Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Information on pneumatic equipment that are segmented as grippers, rotary cylinders, and compact cylinders, locking head and multi-positional cylinders, and rod slide units
- Breakdowns of pneumatic equipment applications into categories, including material handling, food processing and packaging, high tech products and electronics, aerospace and defense, machine tools and others
- A look at cutting edge developments, trends in price, and potential business opportunities
- Company profiles, including overseas manufacturers as well as development stage companies, that are involved in the pneumatic equipment technology. Major companies include Advanced Pneumatics Co. Inc., Duncan Engineering Ltd., Eaton Corp., Exair Corp., Hitachi Koki Co. Ltd. Festo Inc. and Gardner Denver Inc.

Summary

Pneumatics work with compressed air to produce mechanical motion. Pneumatic equipment can be used in volatile environments where hydraulic and electric tools cannot be used. Thus, pneumatic
equipment is safer and is increasingly being adopted by end users for more and more industrial applications, thus making industrial pneumatic applications among the most widely used power
technologies in modern industry. Systems based on pneumatic equipment are found in many factories, as energy produced by pneumatic equipment can be more flexible, less costly, more reliable, and less dangerous than some actuators and electric motors. Additionally, pneumatic equipment is easy to use, clean, safe, and quiet, creating better working environments and saving energy. Pneumatic equipment is used worldwide in the construction and mining industries, transport systems, diving, dentistry, and many other applications. A pneumatic system is often the preferred system of use because of its availability and safety attributes.

Among the various types of pneumatic equipment, pneumatic actuators occupy the pride of place, being the largest product category among many other types of pneumatic equipment. Pneumatic actuators along with secondary air treatment systems had a market valued at nearly REDACTED and REDACTED in 2016 and 2017, respectively, and are expected to reach approximately REDACTED in 2022, with an expected CAGR of REDACTED for the five-year period from 2017 to 2022. This is followed by the market for pneumatic compressors with respective motors and controls, which amounted to nearly REDACTED in 2016 and REDACTED in 2017, and which is further expected to increase to more than REDACTED by 2022, with an expected CAGR of REDACTED over the same five-year period.

The advancement of compressor technology has been promoted by increased awareness of energy expenditure savings and expansion of industrialization. Energy-efficient air compressors help in various
industrial and nonindustrial activities. It is anticipated that availability of such energy-efficient compressors will increase the demand for air compressors. This technological advancement works
towards reducing noise and air contamination levels in the particular industries where the compressors are used.

Market growth will be aided by the improvements being made in the design and sealing technology for pneumatic actuators. There is vast improvement in pneumatic sealing technology with the availability of a range of composite materials such as synthetic esters, which extend product lifetime and reduce the costs of operating pneumatic actuators. Also, new permanent lubricating materials such as synthetic ester have extended the life of non-repairable actuators. New application opportunities for pneumatic actuators have led to these technological advances.

Compressed air generation, air preparation, the distribution system, and compressed air applications are some of the numerous functions for a pneumatic system. Cost-effective and sensible improvements need to be made in each of these above functions to lower energy consumption and carbon emissions. Although pneumatic actuators have been widely used in industry and other application areas, they generally have a low energy efficiency. Research on improving the energy efficiency of pneumatic actuator systems has been carried out and an improved control strategy has been developed for pneumatic systems that is based on an idea of saving energy through better controls that can save between 1.5% to 2.0% of compressed air.

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Recent Industry Trend:

The report contains the profiles of various prominent players in the Global Pneumatic Equipment Market. Different strategies implemented by these vendors have been analyzed and studied in order to gain a competitive edge, create unique product portfolios and increase their market share. The study also sheds light on major global industry vendors. Such essential vendors consist of both new and well-known players. In addition, the business report contains important data relating to the launch of new products on the market, specific licenses, domestic scenarios and the strategies of the organization implemented on the market.

Scope of the Report:

Through following the Pneumatic Equipment Market through depth, the readers should find this study very helpful. The aspects and details are depicted by charts, bar graphs, pie diagrams, and other visual representations in thePneumatic Equipment Market study. This intensifies the representation of the pictures and also helps to improve the facts of the Pneumatic Equipment Market industry. At a substantial CAGR, the Pneumatic Equipment Market is likely to grow. Pneumatic Equipment Market report's main objective is to guide the user to understand the market in terms of its definition, classification, industry potential, the latest trends, and the challenges facing the Pneumatic Equipment Market.

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