Pneumatic Equipment Market Expanding Horizons In Healthcare And Food Sectors

The new Report on Pneumatic Equipment Market provides estimations of the size of the global market and share and size of key regional markets during the historical period. The study provides projections of the opportunities and shares of various segments in the Pneumatic Equipment market during the forecast period of 2018 to 2028.

The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Pneumatic Equipment market.

Expanding Horizons in Healthcare and Food Sectors

Pneumatic equipment market has been gaining significant traction because of its utilization in nearly every field and broad application in the end-user industries.

The use of pressurized gas for motion is called pneumatics, and upon compressing atmospheric air, there are equipment that can efficiently maintain a sustainable supply. The equipment that carry out such mechanisms to obtain movement are pneumatic equipment.

Various pneumatic equipment are included in the pneumatic equipment market such as pneumatic valves, actuators, fittings, etc. These pneumatic equipment are an integral part of electronics,

metalworking, chemicals, life sciences, material handling and many more industries. Pneumatic equipment market has also been observed to expand its horizons in food and beverage as well as healthcare industries.

Pneumatic equipment like pneumatic actuators are widely used in healthcare applications like surgeries and MRI. Pneumatic tube systems are also being used extensively to transport drugs, prescriptions, patient notes, etc. in the hospitals, thereby driving the pneumatic equipment market.

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To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions.

The global Pneumatic Equipment market report answers numerous pertinent questions, some of which are:

  • What are some of the latent areas of investments in the Pneumatic Equipment market?
  • Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
  • What trends are likely to change the status quo of the positions held by leading players of the Pneumatic Equipment market in the not-so-distant future?
  • Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Pneumatic Equipment market?
  • What are the strategies adopted by top players to retain their stronghold in the Pneumatic Equipment market?
  • Which strategic moves will new entrants adopt to gain a strong foothold in the Pneumatic Equipment market?

The study provides detailed profile of key players and their offering in the Pneumatic Equipment market

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Developing Economies to Continue Dominance

In terms of regions, the pneumatic equipment market has been broadly divided into seven regions, namely, North America, South America, Europe, CIS and Russia, Japan, APEJ and MEA.

Despite the concentration of players in North America, pneumatic equipment manufacturers are primarily concentrated in Asian countries, mostly China.

Focus on energy efficiency and increased penetration of automation are the key factors driving the market for pneumatic equipment in the APEJ region.

The Chinese and Indian manufacturing sector is exhibiting robust growth in the region. The manufacturers have inclined towards automation combined with the use of pneumatic equipment for increased efficiency and productivity.

Growing Automation in Industries to Drive the Pneumatic Equipment Market

Construction and mining industries are benefitting highly through pneumatic equipment such as energy efficient pneumatic actuators that save nearly 2% compressed air.

With applications in almost every sector, pneumatic equipment market is expected to showcase robust growth in the near future. There have also been several innovations in the technology for pneumatic sealing, further aiding the pneumatic equipment market sales.

Increasing globalization and urbanization has induced significant changes in consumer lifestyle across the globe. The expensive products like virtual reality stimulators also deploy pneumatic equipment such as valves, actuators and power drives.

Pneumatic equipment like power engines and motors are booming in the global market because of their broad use in the automation industry.

The study further identifies major manufacturing trends, technologies that will be commercialized

  • Major manufacturing trends in end-use industries
  • New technologies employed in various application areas
  • Major economic shocks such as the recent COVID-19 pandemic
  • Country markets that will emerge as to be a hotbed of opportunities
  • Regulatory frameworks that will shape the strategies of key players in key regions in the   Pneumatic Equipment market
  • Key technology trends and the likely rate of commercialization of novel technologies in key industries and allied industries

Pneumatic Equipment to Penetrate in Broad Range of End-user Industries

Pneumatic equipment market is segmented on the basis of product type, end use and region. The product types include pneumatic valves, actuators, Filters, Regulators and Lubricators (FRL), fittings and other pneumatic equipment.

Among all the pneumatic equipment product types, the actuators have been reported to account for leading share in sales.

On the basis of end-users, the pneumatic equipment market is classified into, automotive, food processing and packaging, chemicals, plastics, and oil, semiconductors and electronics, material handling and assembly, metalworking, paper and printing, wood and ceramic, healthcare, life sciences, aerospace and defense and others.

The penetration of pneumatic equipment in chemicals and metal working industry is very high as compared to other industries.

Material handling industry also deploys a wide range of pneumatic equipment among the other end-use industries. Pneumatic equipment is also likely to gain traction in the healthcare and food processing industry owing to the increasing use of automation in these industries.

What Do You Get in a Fact.MR Study?

  • Factors affecting the overall development of the Market
  • Factor that might restrain the growth of the global market in the coming years of the forecast period
  • What is present competitive scenario of the global Market and its intricate details concerning potential business prospects of leading market players
  • Pricing strategies of several different market players in the global Market

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