PUBLISHER: TechNavio | PRODUCT CODE: 1693054
PUBLISHER: TechNavio | PRODUCT CODE: 1693054
The pneumatic actuator market is forecasted to grow by USD 1231.6 million during 2024-2029, accelerating at a CAGR of 5.8% during the forecast period. The report on the pneumatic actuator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of pneumatic actuators in food and beverage industry, increasing demand for pneumatic actuators from oil and gas industry, and increasing momentum of automation in industrial facilities.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 5.2% |
CAGR | 5.8% |
Incremental Value | $1231.6 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's pneumatic actuator market is segmented as below:
By Product Type
By End-user
By Type
By Capacity
By Geographical Landscape
This study identifies the adoption of IOT-enabled actuators for predictive maintenance as one of the prime reasons driving the pneumatic actuator market growth during the next few years. Also, use of electro-pneumatic actuators for position control and technological advances in soft pneumatic actuators in the robotic industry will lead to sizable demand in the market.
The report on the pneumatic actuator market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pneumatic actuator market vendors that include ABB Ltd., AIRTECH PRODUCTS Inc., Crane Holdings Co., Eaton Corp. PLC, Emerson Electric Co., Festo SE and Co. KG, Flowserve Corp., Flowtorq Engineering Pvt. Ltd., HKS Dreh Antriebe GmbH, Honeywell International Inc., Marsh Automation Pvt. Ltd., Moog Inc., Parker Hannifin Corp., Pentair PLC, ROTEX Controls Inc., Rotork PLC, Schlumberger Ltd., Siemens AG, SMC Corp., and Tolomatic Inc.. Also, the pneumatic actuator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: