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.
In the coming years there is an increasing demand for Pneumatic Components in the regions of United States and Europe that is expected to drive the market for more advanced Pneumatic Components. Growth in government budgets in the principal countries, increasing of machinery fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Pneumatic Components will drive growth in United States and Europe markets.
Globally, the Pneumatic Components industry market is concentrated as the manufacturing technology of Pneumatic Components is relatively matures than some high-tech equipment. And some enterprises, like SMC, Festo, Parker, Norgren, etc. are well-known for the wonderful performance of their Pneumatic Components and related services. At the same time, Europe, occupied 27.20% production market share in 2016, is remarkable in the global Pneumatic Components industry.
The consumption volume of Pneumatic Components is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Pneumatic Components industry may not keep that fast. But it is surely forecasted that the market of Pneumatic Components is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Pneumatic Components market to approach these areas. QYR analysis of the Pneumatic Components market indicated that China would account for the highest sales in 2022 with close to 26 percent of global sales coming from this region. Vendors recognize the importance of this region and are working towards penetrating this market by strengthening their sales and distribution networks.
The report offers detailed coverage of Pneumatic Components industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Pneumatic Components by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Pneumatic Components market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Pneumatic Components market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
SMC
Festo
Parker
Norgren
Bosch Rexroth
Camozzi
CKD
AirTAC
EASUN
Fangda
Wuxi Huatong
JELPC
Dongsheng
CNSNS
Yaguang
At the same time, we classify Pneumatic Components according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Pneumatic cylinders
Pneumatic valves
Air treatment components
Others
Market by Application
Machinery
Chemical industry
Electronic
Spinning
Package
Car
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Pneumatic Components market for the forecast period 2021 - 2025?
• What are the driving forces in the Pneumatic Components market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Pneumatic Components industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?