by Pneumatic cylinders are equipments powered by compressed air that converts pneumatic pressure into mechanical linear or rotary motion. They are commonly used in industrial manufacturing settings due to their high power to weight ratio, being non-sparking, and simple controllability. Pneumatic cylinders provide linear motion that can handle heavy payloads making them suitable for picking up, moving, and assembling of heavy machine parts. The growing manufacturing sector is driving the demand for pneumatic cylinders in various applications such as lifting, handling, and packaging of products. The global Pneumatic Cylinder Market is estimated to be valued at US$ 8 Billion in 2023 and is expected to exhibit a CAGR of 5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing usage of pneumatic cylinders in manufacturing industry is one of the key trends driving the market growth. With rapid industrialization, the manufacturing output is continually rising across developed as well as developing regions. Pneumatic cylinders enable simple linear motion required in various manufacturing processes such as automation of material handling systems, assembly lines, packaging machinery etc. They provide an economical and maintenance-free solution for repetitive lifting and lowering operations. Their extensive usage in manufacturing robots, CNC machines and other automated machinery is augmenting the market expansion. Owing to inherent advantages of pneumatic cylinders such as cost-effectiveness, reliability and ease of installation; their adoption rate is increasing steadily among key manufacturing verticals including automotive, food and beverage, electronics etc. This growing preference for pneumatic cylinders in manufacturing industry will continue fueling the market growth over the forecast period.
Segment Analysis
The pneumatic cylinder market is dominated by single-acting cylinders which witness demand from applications such as construction equipment and packaging machinery. Single-acting cylinders are preferred in these industries as they are capable of delivering high forces with efficient stroke lengths. Their lower cost compared to double-acting cylinders has further increased their adoption.
Key Takeaways
The Global Pneumatic Cylinder Market Share is expected to witness high growth. Asia Pacific accounted for the largest share of the market in recent years. Presence of a sizable manufacturing industry and rapidly growing construction sector in China, India, and other developing Asian countries has been driving demand. Additionally, relocation of manufacturing base from Western nations to Asia Pacific region has supported regional market growth.
Key players operating in the pneumatic cylinder market are SMC Corporation, Festo, IMI, Parker Hannifin, Aventics, Aro (Ingersoll Rand), Univer Group, Camozzi, Metal Work, Airtac, Ashun Fluid Power Co, and Bimba Manufacturing. SMC Corporation holds the largest market share primarily attributed to its well-established distribution network and wide product portfolio. Festo is another prominent player known for its innovations in compact cylinders and engineering of smart pneumatic solutions.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
