Global Pneumatic Components Market Research Report- Forecast till 2026

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Global Pneumatic Components Market is expected to grow with rapid growth to register the highest CAGR during the study period.

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Global Pneumatic Components Market Research Report- Forecast till 2026

Market Synopsis
Global Pneumatic Components Market is expected to grow with rapid growth to register the highest CAGR during the study period. Some common Pneumatic components are actuators, valves, cylinders, and fittings. These components are exclusively used in industrial automation due to the infinite availability of the source (compressed air), easy channeling, safety, easy storage, and easy utilization. The increasing investments in industrial automation are expected to expand and increase demand for pneumatic components, as many devices used in industrial automation are powered by compressed air.
The global pneumatic components market is estimated to grow significantly during the forecast period due to the increasing demand for pneumatic components to assure safe and precise processes. Additionally, global market growth is driven by the requirement for machine safety and operational improvement. Furthermore, the rising requirement for safe and precise processes, inclusive of compressed air use and energy-conscious automation is expected to enhance the demand for pneumatic components for production and end-use industries. Amid the growing adoption of the Industrial Internet of Things (IIoT), pneumatics technology is gaining a lot of traction and becoming increasingly functional and commercial with its capabilities in tracking and measurement, providing significant insights into machine operation and the performance of devices.
Market Segmentation
Global Pneumatic Components Market is categorized by Type, Application, and Region. By type segment, the global market has been segregated into air treatment components, pneumatic valves, and pneumatic cylinders. In terms of the application, the global market has been segmented into electronics, chemical industry, machinery, and others.
Regional Analysis
Geographically, the global pneumatic components market has been categorized into five major regions, namely North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
The Asia-Pacific region is expected to contribute the largest market during the review period owing to increasing investments being made by manufacturers towards electronics and other major applications. Additionally, with the regional government bodies focusing on infrastructural developments, there is immense scope for the growth of the pneumatic components market in Asia-Pacific during the forecast period.
With the rapidly increasing commercial development combined with favorable government regulations regarding FDI, the region is poised for significant investments from major manufacturers in the forthcoming years. Additionally, with increasing government initiatives in India, the scope of growth and development of pneumatic components in the emerging markets is expected to be immense during the forecast period. However, the production costs in the Asia-Pacific countries of China and India are lower than those in advanced countries is likely to drive the growth of the pneumatic components market in the region during the review period.
Major Players
The Prominent Players in the Global Pneumatic Components Market are Festo SE & Co. KG, Bosch Rexroth Ag, SMC Corporation, Airtac International Group, Norgren, Inc. (.Subsidiary Of IMI, Plc), Ckd Corp., Parker Hannifin Corporation, JELPC (Ningbo Jiaerling Pneumatic Machinery Co., Ltd.), Fenghua Yaguang Pneumatic Element Co, Ltd., Zhaoqing Fangda pneumatic Co. Ltd., Camozzi Group, Wuxi Huatong Pneumatic Manufacture Co. Ltd., Easun Pneumatic Science & technology, and CNSNS.

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 14
1.1 MARKET ATTRACTIVENESS ANALYSIS 16
1.1.1 GLOBAL PNEUMATIC COMPONENTS MARKET, BY TYPE 17
1.1.2 GLOBAL PNEUMATIC COMPONENTS MARKET, BY APPLICATION 18
1.1.3 GLOBAL PNEUMATIC COMPONENTS MARKET, BY REGION 19
2 MARKET INTRODUCTION 20
2.1 DEFINITION 20
2.2 SCOPE OF THE STUDY 20
2.3 RESEARCH OBJECTIVE 20
2.4 MARKET STRUCTURE 21
2.5 KEY BUYING CRITERIA 21
3 RESEARCH METHODOLOGY 22
3.1 RESEARCH PROCESS 22
3.2 PRIMARY RESEARCH 23
3.3 SECONDARY RESEARCH 24
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 26
3.6 LIST OF ASSUMPTIONS 27
4 MARKET INSIGHTS 28
5 MARKET DYNAMICS 31
5.1 INTRODUCTION 31
5.2 DRIVERS 32
5.2.1 NEED FOR MACHINE SAFETY AND OPERATION ENHANCEMENTS 32
5.2.2 INCREASING APPLICATION IN MANUFACTURING INDUSTRIES 32
5.3 RESTRAINT 32
5.3.1 HIGH OPERATIONAL COST AND WORKPLACE CONTAMINATION 32
5.4 OPPORTUNITY 33
5.4.1 INCREASING USE OF PNEUMATIC COMPONENTS IN INDUSTRIAL AUTOMATION 33
5.5 IMPACT ANALYSIS OF COVID-19 33
5.5.1 IMPACT ON THE MANUFACTURING INDUSTRY 33
5.5.2 IMPACT ON SUPPLY CHAIN DELAYS 34
5.5.2.1 PRICE VARIATION OF KEY RAW MATERIALS 34
5.5.2.1.1 PRODUCTION SHUTDOWN 34
5.5.2.1.2 IMPACT ON IMPORT/EXPORT 34
6 MARKET FACTOR ANALYSIS 35
6.1 SUPPLY CHAIN ANALYSIS 35
6.1.1 RAW MATERIAL & COMPONENT SUPPLY 36
6.1.2 MANUFACTURE & ASSEMBLY 36
6.1.3 SALES & DISTRIBUTION 36
6.1.4 END USE 36
6.2 PORTER’S FIVE FORCES MODEL 37
6.2.1 THREAT OF NEW ENTRANTS 37
6.2.2 BARGAINING POWER OF SUPPLIERS 38
6.2.3 THREAT OF SUBSTITUTES 38
6.2.4 BARGAINING POWER OF BUYERS 38
6.2.5 INTENSITY OF RIVALRY 38
7 GLOBAL PNEUMATIC COMPONENTS MARKET, BY TYPE 39
7.1 OVERVIEW 39
7.2 AIR TREATMENT COMPONENTS 40
7.3 PNEUMATIC VALVES 40
7.4 PNEUMATIC CYLINDERS 40
8 GLOBAL PNEUMATIC COMPONENTS MARKET, BY APPLICATION 41
8.1 OVERVIEW 41
8.2 ELECTRONICS 42
8.3 CHEMICAL INDUSTRY 42
8.4 MACHINERY 42
8.5 OTHERS 43
9 GLOBAL PNEUMATIC COMPONENT MARKET, BY REGION 44
9.1 OVERVIEW 44
9.2 NORTH AMERICA 46
9.2.1 US 47
9.2.2 CANADA 48
9.2.3 MEXICO 49
9.3 EUROPE 51
9.3.1 UK 52
9.3.2 GERMANY 53
9.3.3 FRANCE 54
9.3.4 ITALY 55
9.3.5 SPAIN 56
9.3.6 RUSSIA 57
9.3.7 REST OF EUROPE 58
9.4 ASIA-PACIFIC 60
9.4.1 CHINA 61
9.4.2 JAPAN 62
9.4.3 INDIA 63
9.4.4 AUSTRALIA 64
9.4.5 INDONESIA 65
9.4.6 SOUTH KOREA 66
9.4.7 REST OF ASIA-PACIFIC 67
9.5 MIDDLE EAST & AFRICA 69
9.5.1 UAE 70
9.5.2 SAUDI ARABIA 71
9.5.3 SOUTH AFRICA 72
9.5.4 EGYPT 73
9.5.5 NIGERIA 74
9.5.6 REST OF MIDDLE EAST & AFRICA 75
9.6 SOUTH AMERICA 77
9.6.1 BRAZIL 78
9.6.2 ARGENTINA 79
9.6.3 CHILE 80
9.6.4 COLOMBIA 81
9.6.5 REST OF SOUTH AMERICA 82
10 COMPETITIVE LANDSCAPE 84
10.1 COMPETITIVE OVERVIEW 84
10.2 COMPETITIVE BENCHMARKING 85
10.3 MARKET SHARE ANALYSIS 86
11 COMPANY PROFILES 87
11.1 FESTO SE & CO. KG 87
11.1.1 COMPANY OVERVIEW 87
11.1.2 FINANCIAL OVERVIEW 87
11.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 87
11.1.4 KEY DEVELOPMENTS 88
11.1.5 KEY STRATEGIES 88
11.2 BOSCH REXROTH AG 89
11.2.1 COMPANY OVERVIEW 89
11.2.2 FINANCIAL OVERVIEW 89
11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 90
11.2.4 KEY DEVELOPMENTS 90
11.2.5 SWOT ANALYSIS 90
11.2.6 KEY STRATEGIES 90
11.3 SMC CORPORATION 91
11.3.1 COMPANY OVERVIEW 91
11.3.2 FINANCIAL OVERVIEW 92
11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 92
11.3.4 KEY DEVELOPMENTS 93
11.3.5 SWOT ANALYSIS 93
11.3.6 KEY STRATEGIES 93
11.4 AIRTAC INTERNATIONAL GROUP 94
11.4.1 COMPANY OVERVIEW 94
11.4.2 FINANCIAL OVERVIEW 94
11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 95
11.4.4 KEY DEVELOPMENTS 95
11.4.5 SWOT ANALYSIS 95
11.4.6 KEY STRATEGIES 95
11.5 NORGREN INC (SUBSIDIARY OF IMI, PLC) 96
11.5.1 COMPANY OVERVIEW 96
11.5.2 FINANCIAL OVERVIEW 96
11.5.3 PRODUCTS OFFERED 97
11.5.4 KEY DEVELOPMENTS 97
11.5.5 SWOT ANALYSIS 98
11.5.6 KEY STRATEGIES 98
11.6 CKD CORP 99
11.6.1 COMPANY OVERVIEW 99
11.6.2 FINANCIAL OVERVIEW 99
11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 100
11.6.4 KEY DEVELOPMENTS 100
11.6.5 SWOT ANALYSIS 101
11.6.6 KEY STRATEGIES 101
11.7 PARKER HANNIFIN CORPORATION 102
11.7.1 COMPANY OVERVIEW 102
11.7.2 FINANCIAL OVERVIEW 103
11.7.3 PRODUCTS OFFERED 104
11.7.4 KEY DEVELOPMENTS 104
11.7.5 SWOT ANALYSIS 105
11.7.6 KEY STRATEGIES 105
11.8 JELPC (NINGBO JIAERLING PNEUMATIC MACHINERY CO., LTD) 106
11.8.1 COMPANY OVERVIEW 106
11.8.2 FINANCIAL OVERVIEW 106
11.8.3 PRODUCTS OFFERED 106
11.8.4 KEY DEVELOPMENTS 107
11.8.5 KEY STRATEGIES 107
11.9 FENGHUA YAGUANG PNEUMATIC ELEMENT CO, LTD 108
11.9.1 COMPANY OVERVIEW 108
11.9.2 FINANCIAL OVERVIEW 108
11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 108
11.9.4 KEY DEVELOPMENTS 108
11.9.5 KEY STRATEGIES 108
11.10 ZHAOQING FANGDA PNEUMATIC CO. LTD 109
11.10.1 COMPANY OVERVIEW 109
11.10.2 FINANCIAL OVERVIEW 109
11.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 109
11.10.4 KEY STRATEGIES 109
11.11 CAMOZZI GROUP 110
11.11.1 COMPANY OVERVIEW 110
11.11.2 FINANCIAL OVERVIEW 110
11.11.3 PRODUCTS OFFERED 110
11.11.4 KEY DEVELOPMENTS 111
11.11.5 KEY STRATEGIES 111
11.12 WUXI HUATONG PNEUMATIC MANUFACTURE CO. LTD 112
11.12.1 COMPANY OVERVIEW 112
11.12.2 FINANCIAL OVERVIEW 112
11.12.3 PRODUCTS OFFERED 112
11.12.4 KEY DEVELOPMENTS 112
11.12.5 KEY STRATEGIES 112
11.13 EASUN PNEUMATIC SCIENCE & TECHNOLOGY 113
11.13.1 COMPANY OVERVIEW 113
11.13.2 FINANCIAL OVERVIEW 113
11.13.3 PRODUCTS OFFERED 113
11.13.4 KEY DEVELOPMENTS 113
11.14 CNSNS 114
11.14.1 COMPANY OVERVIEW 114
11.14.2 FINANCIAL OVERVIEW 114
11.14.3 PRODUCTS OFFERED 114
11.14.4 KEY DEVELOPMENTS 114