Manufacturing and Construction Pneumatic Cylinder Market | Page 3
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Further key findings from the report suggest:
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.
On the basis of Application, the Industrial Machinery segment is expected to have the largest
market share during the forecast period due to the recovery of the global economy, the
development of emerging countries, the expansion of Chinese industrial expenditure, the
automotive market, the increase in pneumatic cylinder consumption will be significant.
On the basis of Type, the pneumatic cylinder market is segmented into single-acting cylinders
and double-acting cylinders. The segment of double-acting cylinders is expected to grow at the
highest CAGR of 4.89% during the forecast period due to the different advantages of double-
acting pneumatic cylinders.
Asia Pacific is forecasted to grow the highest at a CAGR of 5.6% during the forecast year and is
expected to maintain its dominance over the forecast period. Increasing government
infrastructure investment leads to a high demand for earth moving equipment, which in turn
increases the market for pneumatic cylinders.
The significant players in the market are Aventics (Germany), Airtec Pneumatic (Germany), SMC
Corporation (Japan), Parker Hannifin (US), Emerson Electric (US), Sheffer Corporation (US), Festo
GmbH (Germany), Ashun Fluid Power Co., Ltd. (Taiwan), Bimba Manufacturing (US) and Univer
(Italy).
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Segments covered in the report:
This report forecasts volume and revenue growth at a global, regional & country level, and provides an
analysis on the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this
study, Reports and Data have segmented the market on the basis of Application, Product and regional
analysis.
Application (Revenue, USD Million; 2016–2026)
Industrial Machinery
Mobile
Product (Revenue, USD Million; 2016–2026)
Single-acting cylinder
Double-acting cylinder
Region (Revenue, USD Million; 2016–2026)
North America
US
Canada
Europe
Germany
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