IndustryARC™

Global Pneumatic Actuators Market to grow at a CAGR of 3.66% during the period 2016-2020

Press Release   •   May 27, 2016 15:17 EDT

Pneumatic actuators convert energy from a compressed gas into motion. They produce both linear and rotary motion when powered by an electric compressor. Such actuators are extensively used in downstream oil and gas facilities, power generation plants, chemical and petrochemicals processing facilities, and mining equipment. Based on the valve actuation mechanism, pneumatic actuators are of three types that include linear, quarter-turn, and multi-turn actuators. 

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MarketIntelReports analysts forecast the Global pneumatic actuators market to grow at a CAGR of 3.66% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global pneumatic actuators market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales (of both new and retrofit) and aftermarket services of pneumatic actuators.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

MarketIntelReports report, Global Pneumatic Actuators Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Emerson Electric
  • Flowserve
  • Pentair
  • SMC

Other prominent vendors

  • ATI
  • Bosch Rexroth
  • Crane
  • Eaton
  • Festo
  • Parker Hannifin
  • Rotork

Market driver

  • Increased level of automation in end-user industries
  • For a full, detailed list, view our report

Market challenge

  • Growing use of electromechanical actuators
  • For a full, detailed list, view our report

Market trend

  • Connected pneumatic actuators through IoT
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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