Global Pneumatic Components Market Growth 2023-2029

Global Pneumatic Components Market Growth 2023-2029

Product Code:457204

Published Date: Feb 08,2023

Pages: 102

Region: Global

Category: Machinery & Equipment

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Pneumatic Components are the components that use a source of compressed air to power moving parts. Pneumatic Components use compressed air to transmit and control energy. Pneumatic systems commonly use compressed atmospheric air, as it is abundant and inexpensive.

LPI (LP Information)' newest research report, the “Pneumatic Components Industry Forecast” looks at past sales and reviews total world Pneumatic Components sales in 2022, providing a comprehensive analysis by region and market sector of projected Pneumatic Components sales for 2023 through 2029. With Pneumatic Components sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pneumatic Components industry.

This Insight Report provides a comprehensive analysis of the global Pneumatic Components landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pneumatic Components portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pneumatic Components market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pneumatic Components and breaks down the forecast by type, by distribution channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pneumatic Components.

The global Pneumatic Components market size is projected to grow from US$ 13400 million in 2022 to US$ 19570 million in 2029; it is expected to grow at a CAGR of 19570 from 2023 to 2029.

Global pneumatic components key players include SMC, Festo, CKD etc. Global top 1 manufacturer hold a share over 37%. 
Asia-Pacific is the largest market, with a share over 38%, followed by Europe and North America, both have a share over 52% percent. 
In terms of product, actuators is the largest segment, with a share over 35%. And in terms of distribution channel, the largest application is industrial.

This report presents a comprehensive overview, market shares, and growth opportunities of Pneumatic Components market by product type, distribution channel, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Actuators
    Control Element
    Air Treatment Components

Segmentation by distribution channel
    Industrial
    Automobile
    Machine Tool
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    SMC
    Festo
    CKD
    Airtac
    Parker
    IMI
    Emerson
    Camozzi
    SNS Pneumatic
    Wuxi Huatong
    Zhejiang Easun
    Ningbo Jiaerling
    Zhaoqing Fangda

Key Questions Addressed in this Report
What is the 10-year outlook for the global Pneumatic Components market?
What factors are driving Pneumatic Components market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pneumatic Components market opportunities vary by end market size?
How does Pneumatic Components break out type, distribution channel?
What are the influences of COVID-19 and Russia-Ukraine war?