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Pneumatic Cylinder Market Expected to Reach $23,850.4 Million by 2030

 
2022
Pneumatic Cylinder Market

Report Code : A12547

quote the pneumatic cylinder market has observed significant growth in the past few years owing to the increase in government infrastructure investments which leads to a high demand for earth moving equipment. Thus, positively impacting the market growth. In addition, increase in use of double acting cylinders in space program provides lucrative growth in the market during forecast period. quote

Amar Chinchane
Lead Analyst, Construction and Manufacturing at Allied Market Research

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According to a new report published by Allied Market Research, titled, pneumatic cylinder market by product type, motion, and end user industry: global opportunity analysis and industry forecast, 2021–2030,” the global pneumatic cylinder market size was valued at $13,375.8 million in 2020, and is projected to reach $23,850.4 million by 2030, registering a CAGR of 5.8% from 2021 to 2030. A pneumatic cylinder is a mechanical device that moves a load along a linear route using compressed air working on a piston inside the cylinder. Pneumatic cylinders, also known as pneumatic actuators, are devices that are used in industrial applications to deliver linear or rotational motion and force to automated systems, equipment, and processes.

Compressed air is used in pneumatic systems to generate rotational or linear mechanical motion and power applications that do the task. A single-acting pneumatic cylinder or actuator has a single port through which air enters and pushes the piston in a single direction. A spring then returns the piston to its original position. The pneumatic cylinder market is expected to increase due to rise in usage of robots in the industrial industry. Fast cylinder movement, minimal maintenance costs, and cleanliness are all advantages of pneumatic cylinders. Air used in pneumatic cylinders is dry and free of moisture and it prevents problems in internal elements of the system. These reasons enhance use of pneumatic cylinders in various end-user industries.

Furthermore, integration of IoT with pneumatic cylinders, as well as increase in demand from the food processing industry to meet regulatory standards, are some of the factors that drive the global market for pneumatic cylinders. In addition, key players are strengthening their market position by improving their product portfolio by manufacturing advanced products for such application. For instance, on September 2021, Emerson introduced the RIDGID RP 351 line of pneumatic cylinders. The new product uses a sophisticated brushless motor that requires no periodic maintenance and was designed from bottom up to guarantee dependability and efficiency.

However, owing to lockdowns imposed in countries such as China, the U.S., and India, due to the coronavirus issue, numerous manufacturers in the global pneumatic cylinder market had to halt their business production. This disruption has a direct impact on sales of pneumatic cylinder. However, it is expected that reopening of production facilities and introduction of coronavirus vaccines will lead to reopening of pneumatic cylinder firms.

Key companies profiled in the pneumatic cylinder market report include Airtac International Group, Camozzi Group S.P.A., DL Pneumatics, Emerson Electric Co., Festo SE & Co. KG, ABB Ltd., Honeywell International INC., Parker Hannifin Corporation, Eaton Corporation PLC, and Rotex Automation.

Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging pneumatic cylinder market trends and dynamics. 
  • Depending on product type, the double acting cylinder segment has dominated the pneumatic cylinder market, in terms of revenue in 2020.
  • By motion, the rotary segment has registered highest revenue in 2020.
  • Asia-Pacific region is projected to register highest growth rate in the coming years.
  • The key players within the pneumatic cylinder market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the pneumatic cylinder industry.
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market. 
  • In-depth pneumatic cylinder analysis is conducted by constructing estimations for the key segments between 2021 and 2030.

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quote Pneumatic Cylinder Market by Product Type (Single-Acting Cylinder, and Double-Acting Cylinder), Motion (Linear, and Rotary), and End-User Industry (Oil & Gas, Paper & Pulp, Mining, Water & Wastewater, Foods & Beverages, Energy & Power, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030 quote

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