Global Pneumatic Cylinders Market Overview:
Pneumatic cylinders are mechanical devices, which converts the potential energy of compressed air into mechanical energy of applied force or the kinetic energy of motion. IT uses air pressure differentials to produce force and motion resulting in work. The cylinder itself contains two chambers for the compressed air to enter and a path for it to leave. In pneumatic cylinders the operating fluid is a gas thus leakage from a pneumatic cylinder will not drip out and contaminate the surroundings.
Market Drivers
- Rising Demand for High Speed or Forced Mechanical Devices
- High Demand from End-User Industry
Market Trend
- Advances in Pneumatic Cylinders
- Developments in Materials and Designs
Restraints
- Hydraulic Cylinder Has More Advantages than Pneumatic Cylinders
Opportunities
- Increasing Application of Double Acting Cylinders in the Space Program
- Increasing Demand for Earth Moving Equipment
Challenges
- Increasing Popularity of Electric Drives
Competitive Landscape:
Some of the key players profiled in the report are SMC Corporation (Japan), Festo (Germany), Parker Hannifin (United States), Aventics (Germany), Camozzi Automation (Italy), AirTAC International Group (Taiwan), Ashun Fluid Power co., Ltd. (Taiwan), The Emerson Electric Co. (United States), Sheffer Corporation (United States) and Metal Work Spa (Italy). Additionally, following companies can also be profiled that are part of our coverage like IMI Plc. (United Kingdom), PHD, Inc. (United States), RS Components (United Kingdom) and KONAN ELECTRIC CO., LTD. (Japan). Analyst at AdvanceMarketAnalytics see Global Manufacturers to retain maximum share of Global Pneumatic Cylinders market by 2024. Considering Market by Cylinder, the sub-segment i.e. Cylinder with Piston Rods will boost the Pneumatic Cylinders market. Considering Market by Movement, the sub-segment i.e. Linear Movement will boost the Pneumatic Cylinders market. Considering Market by End-User, the sub-segment i.e. Construction will boost the Pneumatic Cylinders market.
Market Highlights:
On 22nd June 2018, Parker Hannifin, the global leader in motion and control technologies, introduced a new family of ISO15552 certified pneumatic cylinders. It is available in bore size from 32 to 125 mm, the P1F series is suitable for general industrial applications, such as linear motion, clamping, lifting and controlling tasks in a range of operating environments.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pneumatic Cylinders market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Pneumatic Cylinders market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Pneumatic Cylinders Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.