Global Pneumatic Cylinder Market 2018-2022 | Industry Analysis and Forecast | Technavio
LONDON--(BUSINESS WIRE)--Oct 8, 2018--The global pneumatic cylinder market research report by predicts the market to post a CAGR of over 5% during the period 2018-2022.
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Technavio has published a new market research report on the global pneumatic cylinder market for the period 2018-2022. (Graphic: Business Wire)
A key driver for the global pneumatic cylinder market is the advantages of pneumatic cylinders over hydraulic cylinders. Pneumatic cylinders provide advantages such as low maintenance cost, cleanliness (in the food manufacturing process), and rapid movement of cylinders. In addition, the air used in pneumatic cylinders is dry and free from moisture that prevents problems from arising in the internal parts of the system.
This research report provides an analysis of the most important trends expected to impact the market outlook during the period 2018-2022. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In this report, Technavio highlights the advances in pneumatic cylinders as one of the key trends in the global pneumatic cylinder market:
Global pneumatic cylinder market: Advances in pneumatic cylinders
Smart pneumatic cylinders have been developed owing to the need to improve the reliability and performance of pneumatic cylinders, minimize their downtime, and reduce the overall maintenance costs. Smart pneumatic cylinders use machine-to-machine technology and allow users to shift from undertaking emergency repairs to proactive maintenance, thereby optimizing the overall production process.
“Pneumatic cylinders constitute one of the most critical parts of the industrial equipment. The use of smart pneumatic cylinders permits the users to receive alerts when the cylinder is underperforming. This allows the user to schedule replacement operations that coincide with the upcoming downtime periods,” says a senior research analyst at Technavio.
Global pneumatic cylinder market: Segmentation analysis
This pneumatic cylinder market analysis report segments the market by application (industrial machinery and mobile), by product (double-acting cylinder and single-acting cylinder), and geography (the Americas, APAC, and EMEA).
APAC led the market in 2017 with more than 36% of the market share, followed by EMEA and the Americas respectively. APAC is expected to dominate the market throughout the period 2018-2022.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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PUB: 10/08/2018 04:19 PM/DISC: 10/08/2018 04:19 PM