Press release
Pneumatic Cylinder Market Analysis of Current Industry Figures with USD 23 Bn Business by 2030
Pneumatic Cylinder Market
The global pneumatic cylinder market is experiencing significant growth driven by increasing demand from the manufacturing sector, a surge in requirements within the automobile and aerospace industries, and heightened construction activities. Furthermore, the rise in automation and advancements in space technology are anticipated to create new opportunities in the foreseeable future.
Pneumatic cylinders, also referred to as pneumatic actuators, are mechanical devices powered by compressed air that facilitate the movement of loads along a linear route by means of a piston housed within a cylinder. These cylinders play a crucial role in industrial applications, delivering linear or rotational motion and force to automated systems, equipment, and processes.
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Industry Statics:
The global pneumatic cylinder market size was valued at $13,375.8 million in 2020, and is projected to reach $23,850.4 million by 2030, registering a CAGR of 5.8% from 2021 to 2030.
Compressed air is used in pneumatic systems to generate rotational or linear mechanical motion and power applications that do the task. A single-acting pneumatic cylinder or actuator has a single port through which air
enters and pushes the piston in a single direction.
A spring then returns the piston to its original position. The pneumatic cylinder market is expected to increase due to rise in usage of robots in the industrial industry. Fast cylinder movement, minimal maintenance costs, and cleanliness are all advantages of pneumatic cylinders.
Air used in pneumatic cylinders is dry and free of moisture and it prevents problems in internal elements of the system. These reasons enhance use of pneumatic cylinders in various end-user industries.
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Furthermore, integration of IoT with pneumatic cylinders, as well as increase in demand from the food processing industry to meet regulatory standards, are some of the factors that drive the global market for pneumatic cylinders.
In addition, key players are strengthening their market position by improving their product portfolio by manufacturing advanced products for such application. For instance, on September 2021, Emerson introduced the RIDGID RP 351 line of pneumatic cylinders. The new product uses a sophisticated brushless motor that requires no periodic maintenance and was designed from bottom up to guarantee dependability and efficiency.
Top Players:
Key companies profiled in the pneumatic cylinder market report include Airtac International Group, Camozzi Group S.P.A., DL Pneumatics, Emerson Electric Co., Festo SE & Co. KG, ABB Ltd., Honeywell International INC., Parker Hannifin Corporation, Eaton Corporation PLC, and Rotex Automation.
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Key Findings Of The Study
The report provides an extensive analysis of the current and emerging pneumatic cylinder market trends and dynamics.
Depending on product type, the double acting cylinder segment has dominated the pneumatic cylinder market, in terms of revenue in 2020.
By motion, the rotary segment has registered highest revenue in 2020.
Asia-Pacific region is projected to register highest growth rate in the coming years.
The key players within the pneumatic cylinder market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the pneumatic cylinder industry.
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