Global Pneumatic Cylinder Market


Posted September 30, 2020 by pallavivn

Global Pneumatic Cylinder Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of XX % during a forecast period.
 
Global Pneumatic Cylinder Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of XX % during a forecast period.

A pneumatic cylinder is a mechanical device, which usages compressed air acting on a piston inside a cylinder to move a load along a linear path.

The compensations of pneumatic cylinders over hydraulic cylinders are expected to propel the growth of the global pneumatic cylinder market during the forecast period. Low maintenance cost, cleanliness, rapid movement of cylinders are some of the prominent factors, which are increasing the adoption of pneumatic cylinders across numerous end-user industries. Additionally, pneumatic cylinders usage compressed air or gas and have a comparatively lesser complex design, which results in inexpensive cost is expected to boost the growth in the global pneumatic cylinder market.

The double-acting cylinder segment is estimated to hold the dominant position in the global pneumatic cylinder market and is projected to hold its dominance during the forecast period. The type of cylinders are faster, stronger, and need less energy to complete the task over the single-acting cylinder. Growing demand for high speed or forced mechanical devices in numerous industrial application is one of the key factors for the significant growth of the global pneumatic cylinder market by double-acting cylinders segment.

The Linear movement segment is expected to hold the global pneumatic cylinder market. These type of pneumatic cylinders are one of the common types of a pneumatic cylinder, and most widely used motion control for industrial machinery. The type of pneumatic cylinder is designed to move in two directions on a set path and also have a set distance, which can travel in either direction before they must stop.

The Asia Pacific region is projected to be a leading region in the global pneumatic cylinder market. The leading position in the market is attributed to the growing government investment for infrastructure. Increasing demand for earth moving equipment is expected to drive the pneumatic cylinder market. For instance, in the Union Budget (2018 – 2019), the Indian government allocated US$ 92.22 billion for infrastructure.

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Additionally, the growing adoption of robots by the manufacturing industry is the main factor for growth of the pneumatic cylinder market in Asia Pacific region.
Some of the prominent key players in the market are introducing products with a high storage capacity precisely for applications, which need to store large amounts of data like action cameras, drones, and video surveillance systems. In the global pneumatic, cylinder market is witnessing the trend of capturing high-definition pictures and video and the execution of automation technologies is expected to increase the demand for a high-capacity pneumatic cylinder.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global pneumatic cylinder market.

The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global pneumatic cylinder market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.




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Last Updated September 30, 2020