In 2017, the global pneumatic cylinder market generated $1,072 million in revenue. The pneumatic cylinder market is expected to reach US$ 1,401 million by 2026, growing at a CAGR of 3.0 percent during the forecast period. The pneumatic cylinder, also known as the air cylinder, is a mechanical device that generates force in a linear motion by using air pressure. The pneumatic cylinders are similar to automobile pistons, but instead of a gasoline explosion, they are propelled by an inflow of pressurized gas. The piston returns to its starting position after each stroke.
The global Pneumatic
Cylinder Market is being driven by technological
advancements and product innovations, as well as the rising prevalence of
diabetes. The growing geriatric population is fueling the industry's expansion.
Increased government funding for research is another factor driving global
industry growth. The growing number of road accidents and trauma injuries, as
well as growing awareness programs about pneumatic cylinder treatment and
management, are driving the global pneumatic cylinder market forward. The high
cost and risk associated with the product may limit the industry's demand
growth.
The demand for Pneumatic Cylinder Market is growing as the use of
industrial automation has grown in recent years, owing to benefits such as
increased productivity, lower direct human labor costs, the delivery of
high-quality goods, and improved process or product uniformity.
Furthermore, Pneumatic Cylinder Market is a popular choice for
use in industrial automation applications due to their low cost, low
maintenance, and ability to perform in harsh environments. Pneumatic cylinder
robots are used in industrial automation to speed up the workflow. These robots
are controlled by compressed air. This factor is expected to drive the global
pneumatic cylinder market during the forecast period.
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 major players in the global pneumatic cylinder market.
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