Manufacturing and Construction Pneumatic Cylinder Market | Page 2

1 Pneumatic Cylinder Market To Reach USD 1.95 Billion By 2026 Rising demand for smart pneumatic cylinders and low maintenance cost are likely to stimulate demand. Market Size – USD 1.51 Billion in 2018, Market Growth - CAGR of 3.2%, Market Trends – Integration of pneumatic cylinders with IoT The Pneumatic Cylinder Market is expected to grow from USD 1.51 Billion in 2018 to USD 1.95 Billion by 2026, at a CAGR of 3.2%. Advances in pneumatic cylinders are a key factor in the rapid growth of the global market for pneumatic cylinders. Pneumatic cylinders offer benefits such as fast cylinders movement, low maintenance costs and cleanliness. The air used in pneumatic cylinders also prevents complications from the internal parts of the system because the air is dry and free of moisture. In many end - user industries, these factors increase the adoption of pneumatic cylinders. In addition, the integration of IoT with pneumatic cylinders and high demand from the food processing industry to comply with regulatory standards are some of the factors that have a positive impact on the growth of the global market for pneumatic cylinders. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/pneumatic-cylinder-market Follow us: