The Pneumatic Cylinder Market will grow at highest pace owing to...

The Pneumatic Cylinder Market will grow at highest pace owing to increasing automation across industries

Сообщение 2024-11-10 05:47:17

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vices that use compressed gas or liquid as a power source to produce a force in a reciprocating linear motion. They are commonly used in industrial applications which require robust linear force or motion control without requiring electronic components. Pneumatic cylinders provide clean and pollution-free operation. They offer high resistance to shock, vibration and movement with low maintenance requirements. Key industries where pneumatic cylinders are widely used include manufacturing, mining, construction and food processing.

The global pneumatic cylinder market is estimated to be valued at US$ 22.18 Million in 2024 and is expected to exhibit a CAGR of 3.4% over the forecast period 2024 to 2031

Key Takeaways

Key players operating in the pneumatic cylinder market include Leaf Expression Systems, Zea Biosciences, Planet Biotechnology Inc., InVitria, PlantForm Corporation, IBIO, Inc., Mapp Biopharmaceutical, Inc., Pfizer Inc., Ventria Bioscience Inc., Medicago Inc., Eleva GmbH, Kentucky Bioprocessing, LLC, Solarvest Bioenergy Inc., and Byondis B.V. Growing demand from industries such as food processing, mining, construction etc. is expected to drive the market during the forecast period. Advancements in sensor technology and controls have enabled smarter pneumatic cylinders with IoT connectivity and analytics capabilities.

Market Trends

The trend towards industry automation is a major driver for Pneumatic Cylinder Market Growth. Many industries are adopting automation technologies like robotics and AI to improve productivity and quality. This is increasing the demand for pneumatic actuators. Secondly, the development of electric pneumatic cylinders hybrid systems is a key trend. These systems integrate electric motors and compressed air to deliver better force control and energy efficiency.

Market Opportunities

Integration of IoT and wireless connectivity offers opportunities for remote monitoring and predictive maintenance of pneumatic systems. Connected cylinders can provide real-time data on performance, failures and maintenance needs. Secondly, the development of low-cost mini and micro pneumatic cylinders suitable for small automation tasks presents an opportunity to penetrate new application areas.

Impact of COVID-19 on Pneumatic Cylinder Market Growth

The COVID-19 pandemic has negatively impacted the growth of the Pneumatic Cylinder Market Size and Trends. The imposition of lockdowns resulted in the closure of manufacturing facilities. This led to a decline in demand from end-use industries such as automotive, food and beverage, metals and mining, and construction. Supply chain disruptions also affected the availability of raw materials and components required for pneumatic cylinder manufacturing. This posed challenges to pneumatic cylinder manufacturers in terms of production volume.

However, with relaxations in lockdown measures and resumption of manufacturing activities post lockdowns, the demand is recovering gradually. Industries are restarting their operations with safety protocols in place. Additionally, increased expenditure on healthcare infrastructure development is positively impacting the demand from medical equipment manufacturing. Rising focus on automation and new product development in industries is further expected to aid market recovery in the coming years. Manufacturers need to focus on developing innovative and niche products to gain a competitive advantage.

Geographical Concentration of Pneumatic Cylinder Market

North America holds the largest share of the global pneumatic cylinder market in terms of value. The high adoption of automated technologies across end-use industries drives the demand. The presence of major pneumatic cylinder manufacturers and technological advancements contribute to market concentration.

Asia Pacific is projected to be the fastest growing regional market for pneumatic cylinders during the forecast period. Countries such as China, India, Japan, and South Korea are witnessing rapid industrialization and manufacturing sector growth. Increasing investments in factory automation to enhance productivity will augment market expansion. Additionally, rising export focus of these nations supports the pneumatic cylinder demand.

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About Author:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice’s dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

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