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Pneumatic Components Market Sees Explosive Growth Globally

03-06-2024 09:23 AM CET | Energy & Environment

Press release from: Market Data Forecast

Pneumatic Components Market Sees Explosive Growth Globally

According to latest research report published by Market Data Forecast, the global pneumatic components market was estimated at US$ 15.95 billion in 2023, and it is expected to reach a revised size of US$ 20.72 billion by 2029, with a CAGR of 5.38% over the foreseen period of 2024 - 2029.

The Pneumatic components are an expanding sector that includes many systems and devices that use compressed air to perform mechanical operations. Their dependability, affordability, and adaptability have made these systems more and more well-liked. These parts are essential to many different industries. It encompasses packaging, food processing, automotive, and manufacturing.

Global Pneumatic Components Market Report Scope:

• Market Size (2029): US$ 20.72 billion
• Market Size (2023): US$ 615.95 billion
• CAGR (2024 to 2029): 5.38%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Component Type, Application, and Geography
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa
• Key Market Players Profiled: Festo SE & Co. KG, Bosch Rexroth AG, SMC Corporation, Airtac International Group, Norgren, Inc., Ckd Corp., Parker Hannifin Corporation, JELPC (Ningbo Jiaerling Pneumatic Machinery Co., Ltd.), Fenghua Yaguang Pneumatic Element Co, Ltd., Zhaoqing Fangda pneumatic Co. Ltd., Camozzi Group, Wuxi Huatong Pneumatic Manufacture Co. Ltd., Easun Pneumatic Science & Technology, and CNSNS, and Others.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/pneumatic-components-market

Key Insights from The Report:

• Based on component type, the air treatment components segment held the most significant share of the global market in 2023.
• Based on application, the electronics segment captured the highest share of the global market in 2023.
• Asia-Pacific dominated the clinical trials market in 2023. Europe accounted for second-highest share of the global market in 2023 and on the other hand, the North America region is estimated to grow at the fastest CAGR during the forecast period.

SEGMENTATION INCLUDED IN THIS REPORT:

By Component Type:
• Air Treatment Components
• Pneumatic Valves
• Pneumatic Cylinders

By Application:
Electronics
• Chemical Industry
• Machinery
• Others

By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

TABLE OF CONTENTS:

1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year, and Forecast Periods

2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline

3. Report Overview
3.1 Executive Summary
3.2 Key Inferences

4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends

5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market Share Analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations

6. Market Segmentation
6.1 Pneumatic Components Market, By Type
6.1.1 Air Treatment Components
6.1.2 Pneumatic Valves
6.1.3 Pneumatic Cylinders
6.1.4 Market Size Estimations & Forecasts (2024 - 2029)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Pneumatic Components Market, By Application
6.2.1 Electronics
6.2.2 Machinery
6.2.3 Chemical Industry
6.2.4 Market Size Estimations & Forecasts (2024 - 2029)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index

7. Geographical Landscape
7.1 Global Pneumatic Components Market, by Region
7.2 North America - Market Analysis (2024 - 2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Application
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Application
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Application
7.5 Latin America
7.5.1 By Country
7.5.1.1 brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Application
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Application

8. Key Player Analysis
8.1 Festo SE & Co. KG
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Bosch Rexroth AG
8.3 SMC Corporation
8.4 Airtac International Group
8.5 Norgren, Inc
8.6 Ckd Corp
8.7 Zhaoqing Fangda Pneumatic Co. Ltd
8.8 Camozzi Group
8.9 JELPC
8.10 Fenghua Yaguang Pneumatic Element Co, Ltd

9. Market Outlook & Investment Opportunities

10. Appendix
List of Tables

ABOUT US:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

MarketDataForecast
www.marketdataforecast.com
Phone: +1-888-702-9626
Email: sales@marketdataforecast.com
3rd Floor, Trendz Park Building, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana, India.

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