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Sliding Vane Air Motor Market Business Strategies With Key Players Hits a CAGR of 4.61% by 2025

11-06-2024 11:53 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Rise in demand for tools with different torque and fastening capabilities and development of tools with abilities to perform efficiently in adverse conditions augment growth in the industry. However, increase in investment in superior tools and high power-to-weight ratio create new opportunities in the market.

According to the report, the global rotary vane air motor market generated a revenue of $2.575 billion in 2017, and is expected to generate $3.677 billion in 2025, registering a CAGR of 4.61% from 2018 to 2025.

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Product segment to contribute two-third of market by 2025

Offering segment is classified further into product and component. The product segment garnered the highest revenue and contributed to nearly two-third of the market share. However, the component segment would register the highest growth during the forecast period, growing nearly 1.5 times.

Industrial equipment dominates throughout

Applications analyzed in the research are tools, industrial equipment, and others. The industrial equipment segment contributed the highest market share in 2017 and continue its dominance by 2025. On the other hand, the tools segment would grow by around 50% by 2025.

Manufacturing sector to be on the forefront by 2025

End users discussed in the research include automotive, manufacturing, healthcare, and others. The automotive segment contributed to one-third share of total market in 2017, however, the manufacturing segment generated around one-fourth of market share. The automotive sector will be the second-most lucrative segment, followed by manufacturing sector.

Asia-Pacific dominates the industry

The report offers insights on various regions including North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA). The country-wise and cross-sectional analysis is also provided in the research. The Asia-Pacific region contributed to the highest revenue and is expected to continue its dominance throughout the forecast period. The region contributed to nearly one-third of market share in 2017 and would maintain its share by 2025.

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Top Players:
The major market players active in the industry include Atlas Copco, Altra Industrial Motion, Parker Hannifin Corporation, SANEI Co. Ltd., Deprag Schulz GmbH u. Co., Bibus AG, Ingersoll-Rand, FIAM, Globe Airmotors, Desoutter Industrial Tools, Sommer-Technik, and Ferry Produits. They have adopted various strategies including mergers, partnerships, acquisitions, collaborations, and joint ventures to gain stronghold in the global industry and build long-lasting business.

Key Benefits for Stakeholders:

The report provides an extensive analysis of the current and emerging market trends and dynamics in the global sliding vane air motor market.
In-depth analysis is conducted by constructing market estimations for the key market segments between 2018 and 2025.
Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities in these geographies.
Key market players within the sliding vane air motor market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global sliding vane air motor market.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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