In 2017, the global pneumatic cylinder market brought in US$ 1,072 million in sales. The pneumatic cylinder market is estimated to reach US$ 1,401 million by 2026, representing a 3.0% CAGR during the forecast period. The pneumatic cylinder, also known as an air cylinder, is a mechanical device that generates force in a linear motion using air pressure. The pneumatic cylinders are similar to a car piston, except instead of a fuel explosion, they are propelled by an influx of pressurized gas. The piston returns to its starting position when each stroke is completed.
In 2018, the double-acting cylinder category reigned supreme.
The pneumatic cylinder market is divided into two types based on its functionality: single acting and double acting. The double-acting cylinder segment dominated the pneumatic cylinder market in 2015, and it is expected to continue to do so in the coming years. When compared to single-acting cylinders, double-acting cylinders are faster, stronger, and use less energy to execute a task. Double-acting pneumatic cylinders, on the other hand, are more costly. One of the main reasons for the double-acting cylinders segment's rapid rise is the growing demand for high-speed or forced mechanical devices in various industrial applications. Furthermore, double-acting pneumatic cylinders are utilized in the suspensions of automobiles, motorcycles, ATVs, and airplane landing gear, which will drive the market's growth during the forecast period.
In 2017, the Asia Pacific region dominated the pneumatic cylinder market.
The pneumatic cylinder market is divided into five regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Asia Pacific pneumatic cylinder market currently holds the lead and is projected to continue to do so during the forecast period. The key growth engines in this region are India, China, and Japan. One of the primary elements driving up demand for pneumatic cylinders in the Asia Pacific is the growing demand for earthmoving equipment in the region.
The pneumatic cylinder market is divided into two types based on its functionality: single acting and double acting. The double-acting cylinder segment dominated the pneumatic cylinder market in 2015, and it is expected to continue to do so in the coming years. When compared to single-acting cylinders, double-acting cylinders are faster, stronger, and use less energy to execute a task. Double-acting pneumatic cylinders, on the other hand, are more costly. One of the main reasons for the double-acting cylinders segment's rapid rise is the growing demand for high-speed or forced mechanical devices in various industrial applications. Furthermore, double-acting pneumatic cylinders are utilized in the suspensions of automobiles, motorcycles, ATVs, and airplane landing gear, which will drive the market's growth during the forecast period.
In 2017, the Asia Pacific region dominated the pneumatic cylinder market.
The pneumatic cylinder market is divided into five regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Asia Pacific pneumatic cylinder market currently holds the lead and is projected to continue to do so during the forecast period. The key growth engines in this region are India, China, and Japan. One of the primary elements driving up demand for pneumatic cylinders in the Asia Pacific is the growing demand for earthmoving equipment in the region.
Global Pneumatic Cylinder Market Key Players
SMC Corporation, Festo, Parker Hannifin Corporation, Aventics, Aro (Ingersoll Rand), Univer Group, Camozzi, Metal Work, AirTac, Ashun Fluid Power Co, and others are among the leading competitors in the worldwide pneumatic cylinder market.
SMC Corporation, Festo, Parker Hannifin Corporation, Aventics, Aro (Ingersoll Rand), Univer Group, Camozzi, Metal Work, AirTac, Ashun Fluid Power Co, and others are among the leading competitors in the worldwide pneumatic cylinder market.
0 Comments