About Linear Pneumatic Actuator
The rising demand in the offshore drilling industry will help in boosting the global linear pneumatic actuator market in the forecasted period. It converts compressed air energy into mechanical motion which provides better power and speed to various actuation systems. It also helps in providing elasticity, reduces leakages and burnouts. Additionally, it is used in heavy-duty machinery as well as instances where heavy amount of weight is present.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.1% |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global household health care market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Linear Pneumatic Actuator market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Elger Controls Ltd (India), Rotork plc (United Kingdom), AUMA Riester GmbH & Co. (Germany), TiMotion Technology Co.Ltd (Taiwan), Cair Euromatic Automation Pvt Ltd (India), Motion Systems Corp (United States), Harmonic Drive (United States), Indelac Controls Inc. (United States) and Micromatic (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Linear Pneumatic Actuator market by Type (Double Acting and Single Acting), Application (Steel and Rolling Mills, Shipbuilding and Offshore Drilling, Materials Handling, Wood Products Processing, Brake Systems and Other) and Region.
On the basis of geography, the market of Linear Pneumatic Actuator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use Industry, the sub-segment i.e. Oil & Gas Industry will boost the Linear Pneumatic Actuator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Use of Internet of Things (IoT) Activities
Market Growth Drivers:
Increasing Prevalence of Automotive Manufacturing Industry in Developing Economies
Challenges:
High Cost of Components used in Actuators might Slow Down the Growth and Regulations Regarding Environment Safety Concern are effecting Linear Pneumatic Actuator Market
Restraints:
Issues with Actuators Heaviness and Bulkiness might create Problems in Installation and The entry of Local Players in the Market
Opportunities:
Improving Efficiency and Reliability of Pneumatic Actuators and Rising Adoption of Linear Pneumatic Actuator in Offshore Drilling
Market Leaders and their expansionary development strategies
In May 2023, Allied Valve, Allied Instrumentation and Valve Sales Inc. are proud to partner with REXA as the sales partner for the states of Indiana, Illinois, Missouri, Wisconsin, Minnesota, Iowa, Nebraska, North Dakota, South Dakota, and Kansas. REXA is a leading manufacturer of linear and rotary actuators along with damper drives for the oil and gas, power, metals, mining and pulp and paper industries.
In December 2023, Moog launched its new electric linear actuator solution comprised of a new, low-maintenance MG Series servo actuator, DX2020 servo drive, and pre-engineered cabling to give customers an alternative to hydraulic and pneumatic actuation.
Key Target Audience
Linear Pneumatic Actuator Manufacturers, Linear Pneumatic Actuator International Traders, Linear Pneumatic Actuator Distributors and Suppliers, Research and Development Institutes, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.