openPR Logo
Press release

Demand For Industrial Automation Is Likely To Fuel The Sales Of Air/Pneumatic Balancers Market During The Forecast Period Of 2022 to 2031

06-28-2022 02:36 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Air/Pneumatic balancers are mechanical devices that use compressed air to convert energy into mechanical motion. As it has extensive application in the transportation sector, the growth rate in this sector will lead to pushing the demand-supply graph for air/pneumatic balancer upward in the upcoming years.

Air Balancers are widely used for the application of loading, unloading in the automotive sectors, construction, offshore, mining and transport. The Air Balancer uses the same principle as a single-acting air cylinder. Air pressure passes into the piston chamber to raise the load, while gravity and the release of pressure allow the load to lower. This design requires minimum air consumption.

Automotive Air/pneumatic Balancers Market: Key Players
Ingersoll Rand
Birch Handling
Carl Stahl American Lifting
DONGSUNG
ENDO
Engineered Lifting Systems and Equipment Inc
Ingersoll Rand
IR Zimmerman
KHC
Knoecranes
NanJing JinMing Machinery Engineering
Unified Industries
Zasch

Request Brochure: https://www.factmr.com/connectus/sample?flag=B&rep_id=5550

Segmentation Analysis of Air/Pneumatic Balancers Market

The global Air/Pneumatic Balancers market is segmented into four major segments: by product type, by the number of rope, by application, by capacity, by the technology used and by region.

On the basis of product type, Air/Pneumatic Balancers market has been segmented as follows:
Pneumatic air balancer
Hydraulic air balancer
Electric air balancer

On the basis of the number of rope, Air/Pneumatic Balancers market has been segmented as follows:
Single Rope Air/Pneumatic Balancer
Double Rope Air/Pneumatic Balancer

On the basis of application, Air/Pneumatic Balancers market has been segmented as follows:
Construction
Oil & Gas
Pharmaceutical
Manufacturing unit
Mining
Aviation/ Aerospace
Offshore
workshop
Others

On the basis of capacity, Air/Pneumatic Balancers market has been segmented as follows:
Light duty Air/Pneumatic balancers
Moderate duty Air/Pneumatic balancers
Heavy-duty Air/Pneumatic balancers

On the basis of application, Air/Pneumatic Balancers market has been segmented as follows:
With BC2 control
With MS-A control
With MS control
Full automatic control
With ATC control

On the basis of geographic regions, Air/Pneumatic Balancers market is segmented as
North America
Europe
Latin America
East Asia
South Asia and Oceania
Middle East & Africa

Enquiry Before Buying: https://www.factmr.com/connectus/sample?flag=EB&rep_id=5550

US Automotive Air/pneumatic Balancers Industry Set to Recover in 2022
In 2019, US Automotive Air/pneumatic Balancers sales were to the tune of 17.1 million. The outbreak of COVID-19 in early 2020, and subsequent shutdown created apprehensions that 2020 may be the worst year for US auto industry since Great Depression.

However, Automotive Air/pneumatic Balancers sales climbed back slowly in US, partly helped by a quick shift to online sales. Many US automakers are now investing highly in online sales channel, with 2021 expected to witness high online sales.

As per early success of vaccine inoculation and consumer receptivity toward online sales, it is highly likely that 2021 will be a better year for sales. Total Automotive Air/pneumatic Balancers sales in US are likely to be in the range of 15.5 million to 16 million.

Europe Automotive Air/pneumatic Balancers Market Players Can Benefit from Foreign Exports
The Europe automobile market is also likely to witness a recovery in 2021. The European Automobile Manufacturers' Association is hoping for a 10% increase in sales.

As is the case in US, European auto industry is hoping that vaccine inoculation brings the pandemic under control. Many countries in Europe have witnessed severe waves of COVID-19 pandemic, and are now in recovery phase.

While the domestic Automotive Air/pneumatic Balancers demand is likely to recover at a steady pace in Europe, exports to China, Latin America, and Asia Pacific are likely to induce momentum for European auto companies.

Pre Book This Report: https://www.factmr.com/checkout/5550

The Air/pneumatic Balancers Market report will improve the revenue impact of businesses in various industries by:

Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Air/pneumatic Balancers Market
Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Air/pneumatic Balancers Market and offers solutions
Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
Helping leading companies make strategy recalibrations ahead of their competitors and peers
Offers insights into promising synergies for top players aiming to retain their leadership position in the Air/pneumatic Balancers Market.
Indian Automotive Air/pneumatic Balancers Outlook Subdued by COVID-19 Resurgence
The Indian automobile industry is beset with challenges arising due to a nation-wide second wave of COVID-19 epidemic. Things were looking up for the Indian automobile industry, however, lockdown measure to contain a more virulent COVID-19 can dent overall sales in 2021.

The localized restrictions imposed by governments can have an impact on dealership activity, logistics, and in-showroom consumer visits. Also, it is anticipated that India may have to brace up for further waves of COVID-19, which can dent consumer sentiment.

Key Long-term Trends

Overall, the Automotive Air/pneumatic Balancers industry is looking for a recovery year in 2021. While China is anticipated to take the lead, healthy recovery in US and Europe markets will create necessary impetus. Amidst the recovery phase, there will be some mega trends and some subtle trends that will have a bearing on Automotive Air/pneumatic Balancers market in the long run. These include,

Automotive Air/pneumatic Balancers digital retail
Automotive Air/pneumatic Balancers digital retail will make further inroads in 2021. As localized restrictions and consumer discretion increase due to COVID-19, more consumers are opening up to the idea of online automobile purchase. This trend is likely to become stronger in 2021, especially in US and Western Europe

Further gains in connected and autonomous cars
Connected and autonomous cars may have lost some of their momentum in 2020, but their long-term forecast remains bullish. Automakers are increasingly aware of the white space Silicon Valley giants are eyeing. In the long run, an increase in proprietary software of partnership with tech companies will be in the offing.

Electric vehicle sales will continue unabated
The sales of electric vehicles have grown from strength to strength, dispelling the skepticism and early apprehensions. The focus now is on developing a scalable production model and enough charging stations so consumers are confident of investing in the technology of tomorrow.

For More Insights
http://www.globenewswire.com/en/newsrelease/2018/10/18/1623494/0/en/Hand-Dishwashing-Products-Gain-Upper-Hand-in-Market-despite-High-Demand-for-Dishwashers-says-Fact-MR.html

US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Blog URL: https://blog.factmr.com/

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Reach out to us with your goals, and we'll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Demand For Industrial Automation Is Likely To Fuel The Sales Of Air/Pneumatic Balancers Market During The Forecast Period Of 2022 to 2031 here

News-ID: 2665155 • Views: 243

More Releases from Fact.MR

Global Niobium Hydride Market Is Forecast To Grow To US$ 67 Million By 2032
The global niobium hydride market reached a valuation of US$ 38 million at the end of 2021 and is forecast to grow to US$ 67 million by 2032, expanding at a high CAGR of 5.4%. Stronger downstream demand, rising consumer spending, and increased business investments are likely to benefit niobium hydride suppliers. Despite an economic slowdown, the global hydrogen industry is poised to witness significant growth over the coming years. Ramped-up production
Surging Sales of Cost-Effective UAVs Positively Driving Anti-Drone Market, Revea …
As per the latest market analysis by Fact.MR, a market research and competitive intelligence provider, the global anti-drone market is expected to reach a valuation of US$ 7.4 billion by the end of 2032 while expanding at an impressive CAGR of 20.9% over the assessment period. Drone neutralization equipment promises notable growth and a dynamic shift in the anti-drone market. Moreover, the emergence of cost-effective and open-source UAVs with new advanced
Integration of Smart Sensors to Support Vacuum Pump Market Growth in United Stat …
The United States vacuum pump market is estimated at US$ 1.8 billion in 2022, and is predicted to register impressive growth at 6.6% CAGR through 2032. The market registered yearly growth at 4.7% during 2017-2021, as per detailed analysis by Fact.MR, a market research and competitive intelligence provider. Manufacturers of vacuum pumps are launching systems with smart sensors that allow for the recording and saving of operating data. These kinds of innovations are
Epilator Consumption Across The World Is Anticipated To Increase At A CAGR Of 5. …
The global epilators market stands at US$ 406.8 million in 2022 and is estimated to reach a market valuation of US$ 695 million by the end of 2032. Worldwide consumption of epilators is predicted to increase at a CAGR of 5.5% between 2022 and 2032. As aesthetic awareness among people increases, it is expected to drive demand for hair removal devices, since having smooth hairless skin is aseptically pleasing as per

All 5 Releases