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Smart Pneumatics Market Global Growing Trends by 2028 - Growing Awareness toward Predictive Maintenance

09-29-2022 03:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

Smart Pneumatics Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Component (Hardware, Software, Services); Type (Smart Pneumatic Valves, Smart Pneumatic Actuators, Smart Pneumatic Modules); Industry (Oil and Gas, Energy and Power, Water and Wastewater, Automotive, Semiconductor, Food and Beverages, Chemicals, Pharmaceuticals) and Geography

Smart pneumatics is heavily influenced by driving factors such as growing awareness toward predictive maintenance, penetration of digitization and iiot, demand for intelligent pneumatics due to remote monitoring capabilities, need for wireless infrastructure to maintain/monitor equipment in plants and stringent environmental and safety regulations in energy industry boosts the market growth. However, the high initial investments in valve projects, lack of a common platform for ZigBee, Profibus, and ethernet and lack of standardized certifications and government policies are impacting negatively on the growth of this market in the current market scenario.

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MARKET SEGMENTATION

The global smart pneumatic market is segmented on the basis of component, type and industry. Based on component type the market is segmented as hardware, software and services. Further the software is segmented as data integration, diagnostic reporting and parameter calculation. Based on type the market is segmented as smart pneumatic valves, smart pneumatic actuators and smart pneumatic modules. On the basis of the industry the market is segmented as oil & gas, energy & power, water & wastewater, automotive, semiconductor, food & beverages and chemicals and pharmaceuticals.

MARKET SCOPE

The "global smart pneumatic market analysis to 2028" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global smart pneumatic market trend analysis. The report aims to provide an overview of the smart pneumatic market with detailed market segmentation by component, type and industry. The global smart pneumatic market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart pneumatic market players and offers key trends and opportunities in the Smart pneumatic market.

MARKET PLAYERS

The reports cover key developments in the smart pneumatic market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from smart pneumatic market are anticipated to lucrative growth opportunities in the future with the rising demand for smart pneumatic in the global market. Below mentioned is the list of few companies engaged in the smart pneumatic market.

The report also includes the profiles of key smart pneumatic companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

- Bimba Manufacturing Company
- Bosch Rexroth AG
- Eaton
- Emerson Electric Co
- Festo Group
- Ingersoll-Rand plc,
- Metso Corporation
- PARKER HANNIFIN CORP
- Rotork
- Thomson Groups

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Email: sales@theinsightpartners.com
Phone : +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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