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Pneumatic Actuators Market By Motion (Rotary, Linear), Type (Piston, Diaphragm), Vertical (Healthcare, Food And Beverage, Oil And Gas, Aerospace And Defence), & Region For 2024-2031


Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Pneumatic Actuators Market By Motion (Rotary, Linear), Type (Piston, Diaphragm), Vertical (Healthcare, Food And Beverage, Oil And Gas, Aerospace And Defence), & Region For 2024-2031

Pneumatic Actuators Market Valuation – 2024-2031

Replacement of manual gear with pneumatic actuators, the low cost of the pneumatic actuator as compared to the hydraulic actuator, and wide application in various industries are fueling the growth of the Pneumatic Actuators Market. According to the analyst from Market Research, the Pneumatic Actuators Market is estimated to reach a valuation of USD 20.71 Billion over the forecast subjugating around USD 13 Billion in 2023.

Manufacturers are replacing manual gears with actuators as pneumatic actuators which can be handled automatically without being physically present at the pipelines also efficiency, reliability and faster work of pneumatic actuators over manual gears are boosting the use of Pneumatic Actuators Market. This surge in demand enables the market to grow at a CAGR of 6% from 2024 to 2031.

Pneumatic Actuators MarketDefinition/ Overview

A pneumatic actuator is a device that converts an energy source into mechanical motion. It can use different types of energy sources such as pneumatic pressure, electric current, and hydraulic fluid pressure. There are four main types of pneumatic actuatorshydraulic, mechanical, electric, and pneumatic. A hydraulic actuator consists of fluid motors and cylinders that convert hydraulic energy into mechanical motion. A mechanical actuator can translate rotating motion into linear motion using rails, chains, pulleys, gears, and other devices.

Furthermore, a pneumatic actuator can convert compressed air energy into either linear or rotating motion. This type of pneumatic energy is advantageous for engine controls because it can quickly respond to power sources by starting and stopping the engine.

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Which are the Drivers Encouraging the Adoption of Pneumatic Actuators Market?

The Pneumatic Actuators Market is expanding due to the increasing need for automation in various industries, such as manufacturing, automotive, oil and gas, and aerospace. Pneumatic actuators have numerous advantages, including their reliability, affordability, and ease of installation, making them an ideal choice for a wide range of applications in these industries.

Additionally, the growing emphasis on sustainability and energy efficiency is contributing to the popularity of pneumatic actuators. Compressed air, which powers these actuators, is often a more energy-efficient option than hydraulic or electric actuators. As companies seek to reduce expenses and their carbon footprint, pneumatic actuators are becoming more attractive due to their energy-efficient design.

Furthermore, such as the creation of compact and lightweight actuators with enhanced performance characteristics, has made pneumatic technology more versatile and efficient. These developments have improved the efficiency, reliability, and flexibility of pneumatic actuators, expanding their potential uses across various industries. Pneumatic actuators are highly compatible with a wide range of control systems and sensors, enabling seamless integration into automated processes that boost productivity and operational efficiency. As industries continue to automate and optimize their operations, driven in part by the affordability, reliability, and versatility of pneumatic actuators, the demand for these devices is expected to increase significantly.

What are the Challenges in the Pneumatic Actuators Market?

Pneumatic actuators offer numerous advantages, but the market is facing some obstacles that limit its growth prospects. Alternative actuation technologies, such as electric and hydraulic actuators, pose a significant challenge. While pneumatic actuators are known for their low cost, dependability, and simplicity, other technologies perform better in some applications, such as those that require precise control or high force, thereby affecting market growth.

The pneumatic system’s inherent limitations arise from the limited supply of compressed air, which is prone to variations in both pressure and quality. This variability affects pneumatic actuator performance and dependability, particularly in settings with erratic air sources or harsh operating conditions. Regular maintenance is usually necessary for pneumatic actuators to maintain optimal performance and avoid problems like leaks or contamination. However, maintenance requirements increase the total cost of ownership and downtime of pneumatic systems, limiting market growth.

Category-Wise Acumens

How do Diaphragm Actuators Help in the Growth of the Pneumatic Actuators Market?

According to analysis, the diaphragm actuators segment is estimated to dominate the market during the forecast period due to their unique advantages and wide-ranging applications. One key factor contributing to their popularity is their ability to provide precise and reliable linear motion in response to changes in air pressure. This precision makes diaphragm actuators ideal for applications requiring accurate positioning, such as valve control in industrial processes, HVAC systems, and fluid handling equipment.

Diaphragm actuators offer excellent corrosion resistance and are capable of handling a wide range of fluids, including corrosive and abrasive media. This versatility makes them suitable for use in demanding environments such as chemical processing plants, water treatment facilities, and offshore oil and gas platforms, where reliability and durability are paramount.

Furthermore, diaphragm actuators are known for their compact and lightweight design, which allows for easy integration into existing systems and equipment with minimal space requirements. This feature makes them particularly attractive for industries where space constraints are a concern, such as automotive manufacturing, semiconductor fabrication, and pharmaceutical production.

Which Factors are Influencing the Growth of Oil & Gas Vertical in the Market?

The oil & gas segment is estimated to dominate the market during the forecast period. The oil and gas sector requires precise control over its operations, particularly in the exploration and production phases. Pneumatic actuators provide the dependability and precision required for valve control and automation, which is critical in areas where electronic actuators may not operate effectively due to explosive or combustible atmospheres. The desire for more efficient and safer operations has resulted in the growing use of pneumatic actuators.

Furthermore, pneumatic actuators are ideal for the severe and demanding settings of the oil and gas industry, such as offshore rigs, desert operations, and arctic exploration. They are engineered to function dependably in extreme temperatures, high pressure, and corrosive or explosive environments. Their endurance saves downtime and maintenance costs, making them an ideal alternative for oil and gas firms that prioritize operating efficiency and safety.

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Country/Region-wise Acumens

Which Region Has the Most Potential for Growth of Pneumatic Actuators Market?

The Asia-Pacific region is estimated to grow at the highest CAGR during the forecast period. This is primarily due to the rapid industrialization, growth of infrastructure, and presence of major manufacturing centers in countries like China, India, Japan, and South Korea.

Pneumatic actuators are widely used in industries such as automotive, electronics, chemical, and construction, all of which have seen significant investments in the Asia-Pacific region in recent years. The increasing demand for consumer goods, driven by the region’s growing population and rising disposable incomes, is further boosting industries that rely on pneumatic actuators for automation and production processes.

Furthermore, the Asia-Pacific region is expected to create favorable conditions for the Pneumatic Actuators Market, thanks to government initiatives aimed at promoting industrialization, enhancing manufacturing capacities, and improving infrastructure.

How North American Region Dominate in Pneumatic Actuators Market?

North America is estimated to dominate the market for pneumatic actuators due to several factors that highlight the region’s strong presence and influence in the sector. The region has a developed industrial landscape, with pneumatic actuators having a long history of use in various industries, such as manufacturing, automotive, aerospace, and oil and gas. As a result of this long-standing reliance on pneumatic technology, North American industries have developed a deep understanding and acceptance of pneumatic actuators, which consistently drives demand.

North American businesses possess advanced manufacturing skills and technological know-how to create high-quality pneumatic actuators that adhere to strict legal and performance requirements. Numerous significant companies, from well-established multinationals to creative startups, are based in the region, creating a competitive atmosphere that encourages ongoing innovation and product development.

Furthermore, the demand for pneumatic actuators is further fueled by North America’s strong emphasis on efficiency and automation. Pneumatic actuators are a desirable alternative for the region’s industries due to their dependability, adaptability, and affordability. These industries are always looking for ways to streamline their operations, increase production, and cut expenses.

Competitive Landscape

The competitive landscape in the Pneumatic Actuators Market is dynamic and evolving, driven by changing customer preferences, technological advancements, and market dynamics. Providers continue to innovate and differentiate their offerings to stay competitive and capture market share in this rapidly growing market.

Some of the prominent players operating in the Pneumatic Actuators Market include

ABB Ltd., Actuonix Motion Devices Inc., Actus Manufacturing, Air Torque S.p.A., AVK Holding A/S, Bimba Manufacturing Company, BorgWarner Inc., Burkert India Private Limited, Continental AG, Emerson Electric Co., Festo SE & Co. KG, Honeywell International Inc., IMI Kynoch Limited, KITZ Corporation, Metal Work S.p.A., Nihon KOSO Co., Ltd., Parker-Hannifin Corporation, Rotork PLC, Schneider Electric SE, Siemens AG, SMC Corporation of America, Spirax Sarco Limited, Tolomatics, Inc., Univer Group, and WAIRCOM MBS S.p.A.

Latest Developments

  • In June 2021, Festo launched a new online KVZA Butterfly-Valve Configurator which lowers overhead by speeding & simplifying procurement of manual & automated (pneumatic actuator) butterfly valves.
  • In March 2019, Rotork launched a new ‘Rotork Master Station’ for controlling valve actuators and plant equipment. The newly launched system is suitable for all types of industries, has a low cost of installation, and uses single twisted pair cable.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2018-2031

Growth Rate

CAGR of ~6% from 2024 to 2031

Base Year for Valuation

2023

Historical Period

2018-2022

Forecast Period

2024-2031

Quantitative Units

Value in USD Billion

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • Motion
  • Type
  • Vertical
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Players

ABB Ltd., Actuonix Motion Devices Inc., Actus Manufacturing, Air Torque S.p.A., AVK Holding A/S, Bimba Manufacturing Company, BorgWarner Inc., Burkert India Private Limited.

Customization

Report customization along with purchase available upon request

Pneumatic Actuators Market, by Category

Motion

  • Rotary
  • Linear

Type

  • Piston Actuators
  • Diaphragm Actuators

Vertical

  • Healthcare
  • Food & Beverage
  • Oil & Gas
  • Aerospace & Defense
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
  • Provision of market value (USD Billion) data for each segment and sub-segment.Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.
  • Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players.
  • The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
  • It provides insight into the market through Value Chain.
  • Market dynamics scenario, along with growth opportunities of the market in the years to come.6-month post-sales analyst support.

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

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