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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.
Scope of the Report:
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 worldwide market for Pneumatic Components is expected to grow at a CAGR of roughly 7.0% over the next five years, will reach 19800 million US$ in 2024, from 13200 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Pneumatic Components in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- SMC
- Festo
- Parker
- Norgren
- Bosch Rexroth
- Camozzi
- CKD
- AirTAC
- EASUN
- Fangda
- Wuxi Huatong
- JELPC
- Dongsheng
- CNSNS
- Yaguang
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Pneumatic cylinders
- Pneumatic valves
- Air treatment components
- Others
Market Segment by Applications, can be divided into
- Machinery
- Chemical industry
- Electronic
- Spinning
- Package
- Car
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Pneumatic Components product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Pneumatic Components, with price, sales, revenue and global market share of Pneumatic Components in 2017 and 2018.
Chapter 3, the Pneumatic Components competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Pneumatic Components breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Pneumatic Components market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Pneumatic Components sales channel, distributors, customers, research findings and conclusion, appendix and data source.