Pneumatic Components are the components that use a source of compressed air to power moving parts. Pneumatic Components use compressed air to transmit and control energy. Pneumatic systems commonly use compressed atmospheric air, as it is abundant and inexpensive.
In the coming years there is an increasing demand for Pneumatic Components in the regions of United States and Europe that is expected to drive the market for more advanced Pneumatic Components. Growth in government budgets in the principal countries, increasing of machinery fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Pneumatic Components will drive growth in United States and Europe markets.
Globally, the Pneumatic Components industry market is concentrated as the manufacturing technology of Pneumatic Components is relatively matures than some high-tech equipment. And some enterprises, like SMC, Festo, Parker, Norgren, etc. are well-known for the wonderful performance of their Pneumatic Components and related services. At the same time, Europe, occupied 27.20% production market share in 2016, is remarkable in the global Pneumatic Components industry.
The consumption volume of Pneumatic Components is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Pneumatic Components industry may not keep that fast. But it is surely forecasted that the market of Pneumatic Components is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Pneumatic Components market to approach these areas. QYR analysis of the Pneumatic Components market indicated that China would account for the highest sales in 2022 with close to 26 percent of global sales coming from this region. Vendors recognize the importance of this region and are working towards penetrating this market by strengthening their sales and distribution networks.
The global Pneumatic Components market is valued at 13200 million US$ in 2018 is expected to reach 22600 million US$ by the end of 2025, growing at a CAGR of 6.9% during 2019-2025.
This report focuses on Pneumatic Components volume and value at global level, regional level and company level. From a global perspective, this report represents overall Pneumatic Components market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
SMC
Festo
Parker
Norgren
Bosch Rexroth
Camozzi
CKD
AirTAC
EASUN
Fangda
Wuxi Huatong
JELPC
Dongsheng
CNSNS
Yaguang
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Pneumatic cylinders
Pneumatic valves
Air treatment components
Others
Segment by Application
Machinery
Chemical industry
Electronic
Spinning
Package
Car
Others
Summary:
Get latest Market Research Reports on Pneumatic Components . Industry analysis & Market Report on Pneumatic Components is a syndicated market report, published as Global Pneumatic Components Market Research Report 2019. It is complete Research Study and Industry Analysis of Pneumatic Components market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.