A pneumatic actuator is a device that turns mechanical motions into energy. Energy can be obtained through hydraulic fluid pressure, electrical currents, or pneumatic pressure. Pneumatic actuators are classified into four types: hydraulic, mechanical, pneumatic, and electric. Hydraulic actuators are made up of cylinders and fluid motors that employ hydraulic energy to perform mechanical tasks. A mechanical actuator converts rotational motion into linear motion.
Global Pneumatic Actuators Market Overview:
Global Pneumatic Actuators Market Research Report examined the current state of definitions, classifications, applications, and the structure of the industrial chain. The report offers objective professional commentary on the current market condition, historical market performance, production and consumption rates, demand and supply ratios, and income generation estimates for the projected term. The Global Pneumatic Actuators market analysis also provides information on the strategic aspirations and company growth strategies of the major organisations in the Global Pneumatic Actuators sector. Among the approaches examined in the study are mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand marketing, and product launches. To summary, the research presents a thorough picture of the Global Pneumatic Actuators market in both global and regional markets.
Key Insights:
Global Pneumatic Actuators Market size was valued at US$ 14.86 Bn. in 2022 and the total revenue is expected to grow at 4.44% through 2023 to 2029, reaching nearly US$ 20.14 Bn.
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COVID-19 Impact on Global Pneumatic Actuators market:
The COVID-19 epidemic has had a significant impact on the global Global Pneumatic Actuators industry. Due to the worldwide crisis and a lack of manpower, production facilities have been paused. The COVID-19 pandemic has led in a severe and extended drop in production utilisation, while travel prohibitions and facility closures have kept personnel away from their facilities, causing the Global Pneumatic Actuators market to slow in 2020. However, the negative impact of COVID-19 on the Global Pneumatic Actuators market is expected to be short, with the industry rebounding quickly by early 2021 due to increasing demand for Global Pneumatic Actuators .
Global Pneumatic Actuators Market Drivers:
Manufacturers are replacing manual gears with actuators in the current era because pneumatic actuators can be managed automatically without becoming physically present at the pipelines, and the efficiency, serviceability, and faster work of pneumatic actuators over manual gears are increasing the market use of pneumatic actuators. Furthermore, pneumatic actuators are less expensive than hydraulic actuators, and every organisation is seeking for cost-cutting opportunities. Furthermore, pneumatic actuators are a well-established technology with prices projected to decline in the future. As a result, the low cost of devices is propelling the pneumatic actuator industry forward.
Global Pneumatic Actuators Market Segmentation:
by Motion
Linear Actuators
Rotary Actuators
by Type
Diaphragm Actuators
Piston Actuators
by End-Use Flow Control
Motion Control
by Application
Automotive
Oil & Gas
Mining
Others
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Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of market potential in a variety of categories, as well as country-by-country analyses in each covered area. The analysis investigates the market's major influencing factors, as well as complete company profiles of....
1. Festo
2. Parker
3. Air Torque
4. Nihon KOSO
5. Prisma
6. Tolomatic
7. CRANE ChemPharma and Energy
8. Habonim
9. Bray
10.Emerson
11.VALBIA
12.Siemens
13.ATI
14.Schlumberger
15.Pentair
16.SMC
17.ABB
18.Haitima
19.Humphrey
20.Rotork
21.Omal S.p.A.
22.Johnson Controls
Regional Analysis:
The region portion of the research also provides key market influencing aspects and changes in market regulation that influence the market's current and future trends. New sales, replacement sales, national demographics, regulatory acts, and import-export taxes are some of the major variables used to assess the market scenario for various locations. Furthermore, when providing forecast analysis of national data, the existence and availability of global brands, as well as the hurdles they encounter due to strong or weak competition from local and domestic brands, as well as the influence of sales channels, are taken into account.
Table Of Content:
1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Pneumatic Actuators Market Size, by Market Value (US$ Bn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2022
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Pneumatic Actuators Market
3.4. Geographical Snapshot of the Pneumatic Actuators Market , By Manufacturer share
Key Questions Answered in the Global Pneumatic Actuators Market Report are:
- Which segment emerged as the leading segment in the Global Pneumatic Actuators market?
- Which are the key players in the Global Pneumatic Actuators market?
- What trends are likely to emerge in the Global Pneumatic Actuators market in the coming years?
- What will be the Global Pneumatic Actuators market size by 2027?
- Which company held the largest share in the Global Pneumatic Actuators market in 2020?
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