Pneumatic Actuator Market

Pneumatic Actuator Market

Pneumatic Actuator Market: Offshore and Mining Projected to be Key Application Areas for Pneumatic Actuators: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027

  • XPLREP1587

  • July, 2017

  • 302 Pages

  • Industrial Automation

The global pneumatic actuator market is estimated to be valued at nearly US$ 12,430 Mn by 2017 end, and is projected to reach about US$ 19,801 Mn by the end of 2027, registering a CAGR of 4.8% over the forecast period.” --- Analyst – Industrial Automation, XploreMR

Pneumatic actuators replacing manual gear in the APEJ region

Nowadays, many manufacturers are replacing manual levers with actuators as pneumatic actuators can be handled automatically without being physically present near the pipelines. Companies these days prefer actuators over manual gears due to better efficiency, reliability and faster work. Therefore, the demand for pneumatic actuators is expected to rise exponentially in the global market over the forecast period.

Low cost of pneumatic actuators as compared to hydraulic actuators

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Pneumatic Actuator Market: Offshore and Mining Projected to be Key Application Areas for Pneumatic Actuators: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027
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