Pneumatic Actuators Market set to rise $9.1 billion by 2030, as Advent of IoT in Pneumatic Applications hits transformation ground


Posted February 6, 2025 by datastring

Pneumatic Actuators is expected to rise to $9.1 billion by 2030 from $5.9 billion of 2024. The revenue growth of industry players is estimated to average at 7.5% annually for period 2024 to 2030.
 
Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Type (Rack & Pinion, Vane, Scotch Yoke), Component (Cylinders, Valves, Control units, Manifolds) and Function (Single acting, Double acting).

Access the detailed report here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐ฉ๐ง๐ž๐ฎ๐ฆ๐š๐ญ๐ข๐œ-๐š๐œ๐ญ๐ฎ๐š๐ญ๐จ๐ซ๐ฌ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

North America and Asia-Pacific are the two most active and leading regions in the market. The Pneumatic Actuator market in the Asia Pacific region is experiencing growth due to the thriving manufacturing industry and a growing interest in automation solutions among countries like China, Japan and South Korea. These nations, known for their advancements play a significant role in shaping the trends of Pneumatic Actuator usage in this region. The rising urbanization and industrial development alongside the expanding construction sector are also driving the demand for Actuator products. Furthermore government programs that promote automation and digitalization, within industries are contributing to the markets trajectory.

With challenges like high maintenance costs and complex installation processes, Pneumatic Actuators marketโ€™s supply chain from raw materials supply to distribution & end users is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including Indonesia, Brazil and South Africa for revenue diversification and TAM expansion. The next major change involves integrating IOT technology into actuation systems. By utilizing capabilities in actuators data on performance can be gathered and analyzed allow for predictive maintenance and facilitate informed decision making. The implementation of IoT in actuators holds great importance especially in sectors such, as automotive manufacturing. Here predictive maintenance can result in cost reductions, less operational downtime and improved quality control measures.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ

The Pneumatic Actuators market is characterized by intense competition, with a number of leading players such as Emerson Electric Co., Rotork PLC, IMI PLC, Flowserve Corporation, Pentair Ltd., Brkert Werke GmbH, Festo AG & Co. KG, Eaton Corporation PLC, SMC Corporation, Belimo Automation AG, Parker Hannifin Corp. and Auma Riester GmbH & Co KG.. These players are pushing & penetrating the market with their strategies.

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated February 6, 2025