The Pneumatic Cylinder Market is expected to grow from USD 1.62 Billion in 2020 to USD 2.08 Billion by 2028, at a CAGR of 3.2%. Advances in pneumatic cylinders are a key factor in the rapid growth of the global market for pneumatic cylinders.
Pneumatic cylinders offer benefits such as fast cylinders movement, low maintenance costs and cleanliness. The air used in pneumatic cylinders also prevents complications from the internal parts of the system because the air is dry and free of moisture. In many end – user industries, these factors increase the adoption of pneumatic cylinders.
In addition, the integration of IoT with pneumatic cylinders and high demand from the food processing industry to comply with regulatory standards are some of the factors that have a positive impact on the growth of the global market for pneumatic cylinders.
The report spans over 200+ pages and offers valuable insights about market size, market share, revenue growth, sales network and distribution channel, and other key factors such as drivers, constraints, technological advancements, product development, limitations, and growth strategies. The report is an exhaustive dataset offering comprehensive overview of the Pneumatic Cylinder market and its changing dynamics. The report analyzes the market based on different categories such as product types, end-use applications, and leading geographical regions. The report covers the analysis of the dynamic changes and disruptions caused by the pandemic and offers a comprehensive overview of the impact of the COVID-19 pandemic on the market and its key segments.
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The significant players in the market are Aventics (Germany), Airtec Pneumatic (Germany), SMC Corporation (Japan), Parker Hannifin (US), Emerson Electric (US), Sheffer Corporation (US), Festo GmbH (Germany), Ashun Fluid Power Co., Ltd. (Taiwan), Bimba Manufacturing (US) and Univer (Italy).
Further key findings from the report suggest
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Market Overview:
Rapid developments in the manufacturing sector and equipment, robust growth in the building and construction sector, high adoption for eco-friendly materials in constructions and increasing demand for smart buildings and smart homes are boosting market growth. Steady increase in the disposable income across the globe, improvements in the standard of living, increasing number of redevelopment plans and high demand for aesthetic look and posh homes are further fueling market growth. In addition, increasing R&D investments, and government schemes to support manufacturing and construction industry are fueling growth of the global Pneumatic Cylinder market.
This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Reports and Data have segmented the market on the basis of Application, Product and regional analysis.
Application (Revenue, USD Million; 2020–2028)
Product (Revenue, USD Million; 2020–2028)
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