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Pneumatic Cylinder Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2028 By Function (Substrate and Inks), By Product Type (Single-Acting, Double-Acting), By Cylinder Type (With Piston Rods, Rod less, Diaphragm, Rotary), By Movement (Linear, Rotary), By Application (Construction, Oil & Gas, Robotics, Automotive, Aviation, Healthcare, Others), By Region and Competition


Published on: 2024-12-07 | No of Pages : 320 | Industry : Power

Publisher : MIR | Format : PDF&Excel

Pneumatic Cylinder Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2028 By Function (Substrate and Inks), By Product Type (Single-Acting, Double-Acting), By Cylinder Type (With Piston Rods, Rod less, Diaphragm, Rotary), By Movement (Linear, Rotary), By Application (Construction, Oil & Gas, Robotics, Automotive, Aviation, Healthcare, Others), By Region and Competition

Global pneumatic cylinder market is expected to demonstrate steady growth during the forecast period, 2024-2028. This growth can be attributed to the increasing demand for pneumatic cylinders, driven by the expansion of various industries such as manufacturing. One of the key drivers of this market is the rising need for high-speed and powerful mechanical devices in industrial applications. Pneumatic cylinders offer advantages such as speed, strength, and energy efficiency.

Pneumatic cylinders, also known as air cylinders, are mechanical devices that utilize compressed gas to generate torque and linear, reciprocating motion. They operate by propelling a piston, which can be in the form of a disc or cylinder, in a desired direction using an external force. The force generated by the piston is then transmitted through the piston rod to the object that needs to be pushed. Pneumatics are preferred by engineers due to their compact fluid storage requirements, quieter operation, cleanliness, and improved efficiency. In applications where cleanliness is crucial, such as in the mechanical puppets of the Disney Tiki Room, pneumatics is used to prevent any liquid leakage that can contaminate the surroundings, as the operating fluid in pneumatic cylinders is a gas.

Adoption of Industrial Internet of Things (IoT) and Rise of Smart Pneumatic Cylinders driving the market growth

The global pneumatic cylinder market is poised for future growth due to the integration of IoT technology into pneumatic cylinders. This development presents opportunities for end users responsible for machinery maintenance and operational efficiency. Companies now offer IoT solutions that gather data from machines and ensure smooth operations of systems and components. Consequently, end users are playing a significant role in driving the adoption of IoT within the pneumatic cylinder market.

Pneumatic cylinders are widely utilized in industrial machines for motion control purposes. These cylinders are designed to move along a predefined path in two directions, with specific movement distances before coming to a halt. Major companies are currently focusing on manufacturing pneumatic cylinders that enhance performance and reduce emissions in sectors powered by gasoline. For example, in March 2021, Eaton launched its next-generation sodium-filled head hollow valves, which improve the performance and fuel efficiency of gas-powered engines while minimizing pollutants. The unique valve design reduces engine knock and lowers the temperature in the cylinder chamber. These advanced products are expected to make significant contributions to the global pneumatic cylinder market during the forecast period.

Acceptance of Pneumatic Cylinder Robots Fueling the Market Growth

Pneumatic cylinders are widely favored for industrial automation applications due to their cost-effectiveness, low maintenance requirements, and ability to operate in extreme temperatures. Pneumatic cylinder robots, powered by compressed air, are utilized to expedite operations in industrial automation. This factor is expected to continue driving the growth of the global pneumatic cylinder market during the projected period.

Several companies are strengthening their market positions by establishing new divisions and expanding their global sales of pneumatic cylinders for such applications. For example, in March 2020, Rotex Automation inaugurated a sales office in the Middle East as part of its efforts to enhance its global sales network. The headquarters of Rotex Automation is located in Ras Al Khaimah, United Arab Emirates, strategically positioned at a key hub. This location enables convenient access to products and services for customers and end users across Middle East and North Africa.

Increasing Construction Sector Propelling the Market Growth

The integration of pneumatic cylinders with equipment brings about enhancements in ease of use, accuracy, functionality, and controlled performance. Electro-hydraulic cylinders, also known as smart cylinders, are gaining popularity in the market due to their combination with servo valves and transducers. These components enable electrically operated valves and rod position input, ensuring efficient operations. The development of smart cylinders has mitigated the risks associated with alternative technologies, expanding the range of pneumatic cylinder applications and encompassing the use of electric actuators.

The demand for pneumatic cylinders is expected to rise during the projected period due to the growth of the construction sector. According to a joint study by Global Construction Perspective (GCP) and Oxford Economics, the construction industry is projected to reach a value of USD15.5 trillion by 2030. Substantial growth is anticipated in countries such as the US, China, and India, which will drive the growth of the global pneumatic cylinder market alongside technological advancements in the main building and infrastructure sector, during the forecast period.

The cost of construction is influenced by factors such as material prices, labor expenses, construction equipment, and administrative costs. Labor costs account for a significant portion, ranging from 35% to 40% of the total construction cost. Labor costs can vary significantly depending on the availability of skilled labor in a particular region. The growth in the construction and related industries across several countries in Europe, the US, and Australia is expected to drive the demand for commodities such as cement and concrete. However, the shortage of truck drivers in the logistics of raw materials poses a major challenge to contractors. Despite rising labor costs, there is still a shortage of skilled workers in the construction industry. Additionally, the production and delivery of building materials are influenced by the volatile pricing in the oil market. Moreover, strict regulations on migrant labor in many European countries and geopolitical uncertainties may contribute to price inflation.

The market was valued at USD6.4 trillion in 2020 and is expected to reach USD14.4 trillion by 2030


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Growing Acceptance of Electric Actuators Restraining the Market Growth

The market for pneumatic cylinders is facing significant challenges due to the increasing adoption of electric actuators, which offer improved control and energy efficiency compared to pneumatic cylinders. This has led to a notable decline in the demand for pneumatic cylinders. The limited availability of substitutes, such as hydraulic cylinders and electronic actuators, has further constrained the global pneumatic cylinder market. Additionally, the volatility in raw material prices is impacting the market dynamics and shaping its development.

Recent Developments

  • In 2022, approximately 0.52 million medium- and heavy-duty truck units were produced globally. The adoption of pneumatic equipment will be sparked by such a rise in vehicle production.
  • In May 2022, a global industrial control and automation firm announced the launch of Fast motion terminal VTEM pneumatics Festo SE & Co. KG Product. Digitalization and pneumatics are combined in the Festo Motion Terminal VTEM device.
  • According to the US Department of Energy, compressed air systems account for 10% of all electricity and approximately 16% of all motor system energy use in US industrial enterprises. Additionally, it mentions that 70% of American manufacturing plants employ a compressed air system in a certain way. Many of these systems supply compressed air to power a range of machinery in an identified plant, such as materials handling, machine tools, painting booths, and materials separation.
  • In February 2019, Kawasaki Heavy Industries opened a new facility at Wipro Kawasaki Precision Machinery in Bengaluru, India, to produce, sell, and provide after-sales services for hydraulic equipment used in the construction sector.

Market Segmentation

The global pneumatic cylinder market is divided into by function, product type, cylinder type, movement, application, and region. Based on function, the market is segmented into substrate and inks. Based on product type, the market is segmented into single-acting and double-acting. Based on cylinder type, the market is divided into with piston rods, rod less, diaphragm, and rotary. Based on movement, the market is divided into linear and rotary. Based on application, the market is split into construction, oil & gas, robotics, automotive, aviation, healthcare, and others. Based on region, the market is divided into North America, Asia-Pacific, Europe, South America, and Middle East & Africa.

Market Players

Major market players in the global pneumatic cylinder market are SMC Corporation, Festo, Imperial Metal Industries Limited (IMI), Parker Hannifin Corporation, Aventics, Aro (Ingersoll Rand), Univer S.p.A., Camozzi, Metal Work S.p.A, Airtac, Ashun Fluid Power Co, and Bimba Manufacturing Co.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Function

Product Type

Cylinder Type

Movement

Application

Region

Regional scope

North America, Europe, Asia-Pacific, Middle East & Africa, and South America,

Country scope

United States, Canada, Mexico, China, Indian, Japan, South Korea, Indonesia, Germany, United Kingdom, France, Russia, Spain, Brazil, Argentina, Saudi Arabia, South Africa, UAE, Egypt, Israel

Key companies profiled

SMC Corporation, Festo, Imperial Metal Industries Limited (IMI), Parker Hannifin Corporation, Aventics, Aro (Ingersoll Rand), Univer S.p.A., Camozzi, Metal Work S.p.A, Airtac, Ashun Fluid Power Co, Bimba Manufacturing Co.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

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Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )