1 / 11

Pneumatic Cylinder Market Analysis | CMI

Read here the latest updates on the Pneumatic Cylinder Market Analysis published by CMI team

Shweta2707
Download Presentation

Pneumatic Cylinder Market Analysis | CMI

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. PNEUMATIC CYLINDER MARKET ANALYSIS • Pneumatic Cylinder Market, the Market is Segmented By Function (Single-acting and Double-acting), By Cylinder (Cylinders with piston rods, Rod less cylinders, Diaphragm cylinders, and Rotary cylinders), By Movement (Linear Movement and Rotary Movement), By Application (Industrial, Robotics, Automobile, Aviation, Healthcare, and Others), and by Geography - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026 • Global Pneumatic Cylinder Market generated revenue of US$ 1,072 Million in 2017. By 2026, the pneumatic cylinder market is expected to amount to US$ 1,401 Million with a CAGR of 3.0% over the forecast period.

  3. The double acting cylinder segment held the dominant position in 2018 • On the basis of functionality, Pneumatic Cylinder Market is segmented into single acting cylinder and double acting cylinder. The double acting cylinder segment held the dominant position in the pneumatic cylinder market and is projected to retain its dominance throughout the forecast period. The double acting cylinders are faster, stronger, and require less energy to complete the task as compared to single acting cylinder. However, double acting pneumatic cylinders are more expensive. Increasing demand for high speed or forced mechanical devices in various industrial application is one of the major factors for high growth of the double acting cylinders segment. • Moreover, double acting pneumatic cylinders are used in automobile, motorcycle, ATV, aeroplane landing gear suspensions, which will boost growth of the segment in the market during the forecast period. Double acting cylinders are found in jacks, fork lifts, garbage trucks, trash compactors, elevators, back hoes, and medical application such as ventilator. Increasing application of double acting cylinders in the space program as it is used to open and close the shuttle bay doors have forced to replace the electric motors with hydraulics and pneumatics cylinder due to high radiation level in the space.

  4. Figure. Global Pneumatic cylinder Market Share, by Region, 2017, US$ Million

  5. Asia Pacific held the dominant position in Pneumatic Cylinder Market in 2017 • On the basis of geography, the pneumatic cylinder market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific pneumatic cylinder market held the dominant position in the market and is expected to hold its dominance throughout the forecast period. India, China, and Japan are the major growth engines in this region. Increasing demand for earth moving equipment in Asia Pacific is one the key factors, which accelerated the demand for the pneumatic cylinder in the region. Rising number of construction projects in China is leading to increasing demand for earth moving equipment. For instance, after the announcement of ‘One Belt, One Road’ project by China government in 2013, the construction industry in the country is expected to witness a significant growth. The main aim of the project was to link three regions — Asia, Africa, and Europe.

  6. Moreover, increasing urban population in India has also increased demand for housing projects, which will directly increase the demand for earth moving equipment during the forecast period. For instance, according to Population Reference Bureau, the total population of India was 1,352.6 million in 2017, out of which, 33% (about 446 million) lives in urban areas. Furthermore, high investments for infrastructure development by the Indian government accelerated demand for earth moving equipment in India. For instance, according to the India Brand Equity Foundation (IBEF), in the Union Budget 2018 – 2019, the government allocated US$ 92.22 billion for infrastructure.

  7. Key Players- Global Pneumatic Cylinder Market. • The major players operating in the global pneumatic cylinder market include SMC Corporation, Festo, Parker Hannifin Corporation, Aventics, Aro (Ingersoll Rand), Univer Group, Camozzi, Metal Work, AirTac, Ashun Fluid Power Co, and others.

  8. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Reference : https://www.coherentmarketinsights.com/market-insight/pneumatic-cylinder-market-2472

  9. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  10. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  11. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/

More Related