Pneumatic Actuators Market - Global Market Share, Trends, Analysis and Forecast 2023 - 2032
The global Pneumatic Actuators market was estimated to be US$ 15.59 Billion in 2022 and is expected to reach US$ 25.02 Billion by 2032 at a CAGR of 4.9%. Pneumatic actuator is a gadget that is employed to change over the energy sources into mechanical processes.
The origin of energy incorporate water powered liquid pressing factor, pneumatic pressing factor and electric ebb and flow. The headway in the mining business combined with a wide number of uses can have direct ramifications on the worldwide market. A mechanical actuator is utilized to change over rotational movement into direct movement. Mechanical actuators are utilized in rails, chains, pulleys, gears and different gadgets. Likewise, pneumatic actuator assists with changing the energy which is created from compacted air at higher pressing factor into one or the other rotational or direct movement. This kind of pneumatic energy is beneficial for motor controls, for instance it can in a split second react in beginning and halting for source of force. Thus, the electrical actuator is quite possibly the most accessible types of actuator, as oil isn't needed.
Water powered, mechanical, pneumatic and electric these are the kinds of actuator. Pressure driven actuator involves chambers and liquid engines which are utilized for changing over water powered force for mechanical activity. Furthermore, mechanical actuator is utilized to change rotational movement into direct movement to head the development.
Mechanical actuator contains rails, chains, pulleys, gears and different others gadgets for activity. Anyway, pneumatic actuator additionally assists with changing the energy which is produced from compacted air or vacuum at high pressing factor into either liner movement or revolving. This pneumatic energy is invaluable for significant motor controls, for instance it can in a flash react in beginning and halting for the wellsprings of force. Accordingly, the electric actuator is one of the cleanest and most accessible types of actuator, as oil isn't included.
Already, actuators utilized where large equipment were required yet as of now the actuators utilized in different ventures like vehicle, medical care, mining industry, aviation and defense sector among others. As of now, rack and pinion segment is driving the worldwide pneumatic actuator market and expected to display authority all through the forecast period as far as item type is considered. This sort of pneumatic actuator is exceptionally liked in transportation area as it gives smooth driving experience by changing over the rotational movement of the guiding wheel into the straight movement expected to turn the wheels.
Additionally, costs of pneumatic actuators structure a developed innovation and their costs may liable to go down in future. Accordingly, low expenses of gadgets are energizing the development of pneumatic actuator market.
Moreover, impending limit extension in nations, for example, South Africa and Turkey for petrochemicals is bringing forth demand for pneumatic actuators, along these lines this will give rewarding possibilities to Worldwide Pneumatic Actuators Market during 2021-2031. China is the focal point of the world's quickest developing pneumatic actuator industry, Asia Pacific, and prone to support its situation all through the forecast period of 2023-2032.
Global Pneumatic Actuators Market Value Share Analysis, by Geography (2022)
The report titled “Global Pneumatic Actuators Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Pneumatic Actuators Market.
Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Pneumatic Actuators market is segmented as Product, Capacity, Operation, Application, and region. Based on Product, the Pneumatic Actuators market is segmented into Rack and Pinion Pneumatic Actuator, Scotch Yoke Pneumatic Actuator, and other. Based on Capacity, the Pneumatic Actuators market is segmented into Light Duty Pneumatic Actuator, Heavy Duty Pneumatic Actuator, and others. Based on Operation, the Pneumatic Actuators market is segmented into Double Acting Type Pneumatic Actuator, Spring Return Type Pneumatic Actuator, and other. Based on Application, the Pneumatic Actuators market is segmented into Industrial Automation, Transportation, Mining, Offshore, and others.
Based on geography, the Global Pneumatic Actuators Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global Pneumatic Actuators Market. Further, market share of prominent companies in the Global Pneumatic Actuators Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Pneumatic Actuators companies. The Global Pneumatic Actuators Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the Pneumatic Actuators business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global Pneumatic Actuators Market.
The key players of the Global Pneumatic Actuators Market are SMC Corporation, Habonim Industrial Valves & Actuators Ltd., ABB Ltd., Elfor Controls Srl, Johnson Controls Inc., Parker Hannifin Corp, Metal Works SPA, Camozzi SPA, Bosch Rexroth AG, Flowserve Corporation, IMI Precision- Norgren, Omal S.P.A, Air Torque S.P.A, Emerson Electric Co. Ltd., Actreg S.A., Bray International Inc., Metalurgica Varb, Enoglass Bonomi S.P.A., Festo AG & Co. KG, Rotark Plc, and Others.
Global Pneumatic Actuators Market Key Segments:
Based on Product
- Rack and Pinion Pneumatic Actuator
- Scotch Yoke Pneumatic Actuator
- Other
Based on Capacity
- Light Duty Pneumatic Actuator
- Heavy Duty Pneumatic Actuator
- Other
Based on Operation
- Double Acting Type Pneumatic Actuator
- Spring Return Type Pneumatic Actuator
- Other
Based on Application
- Transportation
- Mining
- Offshore
- Other
Based on Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of Middle East & Asia
- South America
- Brazil
- Rest of South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Pneumatic Actuators Market
- Global Pneumatic Actuators Market Qualitative Analysis
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19 impact
- Trends
- Global Pneumatic Actuators Market Analysis and Forecast, by Product Type
- Overview and definitions
- Key segment analysis
- Global Pneumatic Actuators Market Size Estimates (US$ Mn), by Product Type, 2019 – 2032
- Scotch Yoke
- Rack and Pinion
- Global Scotch Yoke Pneumatic Actuators Market Analysis and Forecast, by End Use Industry
- Overview and definitions
- Key segment analysis
- Global Scotch Yoke Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- Global Rack and Pinion Pneumatic Actuators Market Analysis and Forecast, by End Use Industry
- Overview and definitions
- Key segment analysis
- Global Rack and Pinion Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- Global Scotch Yoke Pneumatic Actuators Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Scotch Yoke Pneumatic Actuators Market Size Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- Global Rack and Pinion Pneumatic Actuators Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Rack and Pinion Pneumatic Actuators Market Size Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Pneumatic Actuators Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Pneumatic Actuators Market Size Estimates (US$ Mn), by Product Type, 2019 – 2032
- Scotch Yoke
- Rack and Pinion
- North America Scotch Yoke Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- North America Rack and Pinion Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- North America Scotch Yoke Pneumatic Actuators Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- North America Rack and Pinion Pneumatic Actuators Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Pneumatic Actuators Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Pneumatic Actuators Market Size Estimates (US$ Mn), by Product Type, 2019 – 2032
- Scotch Yoke
- Rack and Pinion
- Europe Scotch Yoke Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- Europe Rack and Pinion Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- Europe Scotch Yoke Pneumatic Actuators Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Europe Rack and Pinion Pneumatic Actuators Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific Pneumatic Actuators Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Pneumatic Actuators Market Size Estimates (US$ Mn), by Product Type, 2019 – 2032
- Scotch Yoke
- Rack and Pinion
- Asia Pacific Scotch Yoke Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- Asia Pacific Rack and Pinion Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- Asia Pacific Scotch Yoke Pneumatic Actuators Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Asia Pacific Rack and Pinion Pneumatic Actuators Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa Pneumatic Actuators Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Pneumatic Actuators Market Size Estimates (US$ Mn), by Product Type, 2019 – 2032
- Scotch Yoke
- Rack and Pinion
- Middle East & Africa Scotch Yoke Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- Middle East & Africa Rack and Pinion Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- Middle East & Africa Scotch Yoke Pneumatic Actuators Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- UAE
- Rest of Middle East
- Middle East & Africa Rack and Pinion Pneumatic Actuators Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- UAE
- Rest of Middle East
- South America Pneumatic Actuators Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Pneumatic Actuators Market Size Estimates (US$ Mn), by Product Type, 2019 – 2032
- Scotch Yoke
- Rack and Pinion
- South America Scotch Yoke Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- South America Rack and Pinion Pneumatic Actuators Market Size Estimates (US$ Mn), by End Use Industry, 2019 – 2032
- Industrial Automation
- Transportation
- Oil & Gas
- Mining
- Others
- South America Pneumatic Actuators Market Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – Pneumatic Actuators Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- SMC Corporation
- Business overview
- Geographic presence
- Product portfolio
- Financial facts
- Relevant news and strategic view
- ABB Ltd.
- Elfor Controls Srl
- Johnson Controls Inc.
- Parker Hannifin Corp
- Omal S.P.A
- Metal Works SPA
- Camozzi SPA
- Bosch Rexroth AG
- Air Torque S.P.A
- Enoglass Bonomi S.P.A.
- Festo AG & Co. KG
- Emerson Electric Co. Ltd.
- Actreg S.A.
- Flowserve Corporation
- SMC Corporation
- Conclusion & Recommendations
Frequently asked questions about this report
How big is the pneumatic actuators market?
The pneumatic actuators market is expected to reach US$ 25.02 Billion by 2032.
What is the Compound Annual Growth Rate (CAGR) of the pneumatic actuators market?
The pneumatic actuators market is expected grow at a CAGR of 4.9% between 2023 to 2032.
What was the value of the pneumatic actuators market in 2022?
The pneumatic actuators market was estimated to be US$ 15.59 Billion in 2022.
What are the factors driving the pneumatic actuators market?
Costs of pneumatic actuators structure a developed innovation and their costs may liable to go down in future. Accordingly, low expenses of gadgets are energizing the development of pneumatic actuator market.
How is the regional performance of the pneumatic actuators market?
China is the focal point of the world's quickest developing pneumatic actuator industry, Asia Pacific, and prone to support its situation all through the forecast period of 2021-2031.