Pneumatic Actuator Market

Pneumatic Actuator Market Expected to Hit US$ 19.8 Bn by 2027-end
In the face of high demand for minerals, commodity prices in rapidly-developing economies such as
India and China are recovering actively. Mining of gold, silver, zinc, copper and other highlyvaluable
metals is witnessing a rise in terms of investments, bolstering the recovery of mining
industries across several parts of the world. Being essential tools for extraction and offshoring
processes, pneumatic actuators are witnessing higher demand from mining end-users. Future
Market Insights recently published a report on the global market for pneumatic actuators, indicating
that resurgence of mining businesses especially in Latin American countries such as Peru and
Mexico is fuelling the growth in global sales of pneumatic actuators.
According to the report, the global pneumatic actuators market is pegged to reach US$ 12.5 Bn
value by the end of 2017. Growing applications of pneumatic actuators is expected to drive the
growth of global pneumatic actuator market, which is expected to soar steadily at 4.8% CAGR and
bring in revenues worth over US$ 19.8 Bn by 2027-end. The report assesses that the pneumatic
actuator market is facing restraints from environmental concerns, regulatory developments,
limitations arising from a region’s indigenous rights, and emergence of advanced technologies.
Advent of electrical and hydraulic actuators is cited to dissipate the global demand for pneumatic
actuators. Nevertheless, the market is likely to witness opportune growth from application of
pneumatic actuators in healthcare sector.
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Human scale assistive fluid power applications in the global medical industry are promptly adopting
pneumatic actuators. Another lucrative application for pneumatic actuators lies in patient
rehabilitation and MRI-compliant surgeries & treatments. Transportation, food & packaging, and
mining are observed to be key applications of pneumatic actuators. In 2017, global sales of
pneumatic actuators in mining and transportation applications will be accounting for close to 60%
of global market revenues.
By capacity, sales of light duty pneumatic actuators are estimated to account for a higher market
share throughout the forecast period. The predominantly high presence of light duty pneumatic
actuators in industries, such as automotive, pharmaceutical, white goods and food & packaging
industries is primarily attributing to the growth of this segment. In 2017 and beyond, it is
anticipated that over 60% of global market value will be accounted by sales of pneumatic actuators
that facilitate double acting operations. Scotch Yoke-based pneumatic actuators are likely to be topselling
products in the global market, recording sales of more than 25 million units towards the end
of 2027.
The report also projects that pneumatic actuators market in Western Europe will register significant
growth, accounting for more than 30% of global revenues through 2027. Technological
advancements in North America will render this region among leading regions in the global
pneumatic actuators market. Demand for pneumatic actuators in the Asia-Pacific excluding Japan
(APEJ) region is also expected to gain traction during the forecast period. Key manufacturers of
pneumatic actuators are profiled in the report as the global market’s leading participants, and they
include companies such as Camozzi SPA, Bosch Rexroth AG, Flowserve Corporation, Omal S.P.A,
Air Torque S.P.A, Emerson Electric Co. Ltd., Actreg S.A., Bray International Inc., Enolgas Bonomi
S.P.A., Metalúrgica Varb, Festo AG & Co. KG, Rotark Plc, SMC Corporation, ABB Ltd., Elfor
Controls Srl, Habonim Industrial Valves & Actuators Ltd., Johnson Controls Inc., Parker Hannifin
Corp, Metal Works SPA and IMI Precision- Norgren.

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