Industry and News Pneumatic Equipment Market | Page 2
Pneumatics has found its widespread applications in sectors like dentistry, construction, and mining.
The prominent factors that are playing a significant role in boosting the growth of the market
include mounting increase in computational prowess and connectivity, coming out of analytics and
business intelligence, innovation of novel forms of human-machine interaction, and constant
advancements in communicating digital signals to the physical world like advanced robotics.
Among all the product types, the segment of pneumatic is leading the market, the reason being
augmented applications of automation in the industrial sector particularly in the automobile, food
processing, and chemical sectors. The cylinders are employed largely because of their reduced initial
cost and robustness. Since quite a few years, they have played a major role in factory automation.
The most striking aspects that are attached with these cylinders are that they are quite easy, involve
reduced maintenance, and offers reasonable control over machine movements in industrial plants.
Pneumatic Equipment Market is segmented on the basis of geographical region as Asia-Pacific,
Europe, North America, Middle East & Africa, and South America. As far as the geography is
concerned, North America is the leader of the market and it has been estimated that the region will
display a robust growth in the near future. The key players operating in the Pneumatic Equipment
Market include Parker Hannifin, Ross Controls, AVENTICS, Festo, and SMC.
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Market Segment:
The major manufacturers covered in this report
• Festo
• Smc
• Metabo
• Silvent