Global Pneumatic Drives Market is
segmented into hydraulic, mechanical, electric and pneumatic, based on type.
Pneumatic drives convert energy sources into mechanical energy. Energy sources
such as fluid pressure, pneumatic pressure and electric current are converted
into mechanical movements for instance. Technological advancements in mining
industry along with a wide range of applications have a direct impact on the
pneumatic drives market. The applications remain unrestricted to the mining
industry and also encompass defense, healthcare and automobile industry. On
contrary, the usage of hydraulic drive is still prevalent in several industries
owing to its desirable features over pneumatic drives. Technically, a pneumatic
drive converts energy of compressed air into mechanical energy to deliver an
outcome.
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Actuators are utilized to conduct
the task of exerting the required force by the movement of piston to create the
displacement. The air cylinder is efficient device to provide linear thrust or
straight line motions with an instant speed response. This pneumatic energy
proves beneficial for engine control in some cases. The only limitation faced
by pneumatic drives is that its elastic nature of compressed air makes them
inappropriate to power the movement in case of steady force or motions needed
against a varying load. Commercially, the use of pneumatic drives gets
increased with the growth in automobile industries and other mechanical domain.
Therefore, the market is set to witness a higher CAGR growth during the
forecast period.
Pneumatic drives market is driven
by factors such as enormous usage in mechanical industries. Additionally, the
sophisticated use of pneumatic drives also propels the market growth during the
forecast period. However, factors such as wide gap consumer demand and
production, competition for pricing standards among manufacturers are likely to
hamper the market growth over the forecast period. Also, rising cost of
manufacturing and installation coupled with operational costs is likely to
impede market growth during the forecast period.
Pneumatic drives market
geographically spans North America, Latin America, Western Europe, Eastern
Europe, Asia-Pacific, and Middle-East & Africa. PAC regions such as China,
India and Japan are likely to dominate the market growth in the forecast period
owing to large consumer base for automobiles, and aerospace. European regions
such as France and Germany are expected to dominate the global market owing to
technological advances and availability of skilled personnel.
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North American market is expected
to witness a higher CAGR growth in the forecast period owing to massive
industrialization and favorable opportunities in the mechanical domain.
Middle-East and African markets are expected to rise at a steady CAGR owing to
growth in industrial infrastructure in Saudi Arabia, Oman, Iran and Kuwait and
availability of lucrative opportunities.
The key players in the global
pneumatic drives market include Rotork Plc, AumaRiester GmbH & Co, Timotion
Technology Co. Ltd, Elger Controls India Private Ltd, Motion Systems Corp,
Harmonic Drive LLC, Indelac Controls Inc, CairEuromatic Automation Pvt Ltd, Top
Line Process Equipment Co, ABB, ADLER SPA, Actuatech, Air Torque, Air Euro
Automation, Bimba, CCI, Eaton, Emerson, Entech Controls, Siemens, SMS
Industrial Control Valves & Automation System, and Micromatic LLC.
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