Published on : Feb 28, 2020
ResearchMoz has announced the addition of a report, titled “Global Air Cylinders Market Insights, Forecast to 2025”. The report on the global air cylinders market offers detailed insights into drivers and restraints affecting size of the market, promising avenues and imminent investment pockets, and key technological advancements. The study takes a closer look at share of key manufacturers, new avenues of various regions, and engineering advances in key application areas.
The global air cylinders market is projected to evolve at promising pace during 2019–2025. Air cylinders, also known as pneumatic cylinders, are witnessing sizable uptake in wide range of industrial and commercial application. This is underpinning by their huge business propositions. Air cylinders do not need fluids to work and have thus emerged out largely are cost-effective, simple in design, and easy-to-install devices. Advent of range of cylinder materials have helped in bolstering the performance of air cylinders. Materials that can make air cylinders withstand high temperature and caustic materials are boosting the market.
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The air cylinder market has witnessed a big momentum from the growing adoption of automation in industrial control in various industries. In this regard, the growing application of double action air cylinders are catalyzing revenues. These offer higher speed and force than single-action ones. Thus, their high cost is offset by their higher performance parameter in industrial applications.
A fresh streams of revenues to the air cylinder market are coming from their adoption in robotic technology. They are witnessing a significant demand in improving the actuation technology of industrial robots, and are increasingly being integrated with artificial arms.
Growing incorporation of double-action air cylinders in automotive for various automobiles is a key trend driving the air cylinders market. They are used in motorcycles, ATV, and airplane landing gear suspensions. A significant force of adoption also comes in their use in construction equipment, particularly earth moving equipment.
Over the past few years, an array of new applications areas have emerged fueling the evolution of the market. Growing use in medical applications is one instance. Further, air cylinders also find utilization in space programs. The growing proposition in application in space program is due to the preference of pneumatic actuation technology to electronics one in space.
Growing research in utilizing air cylinders in robotics will lay open exciting opportunities for manufactures to capitalize on. Substantial uptake of automation technology in industries is lending a large impetus to the expansion of the air cylinders market. The ease of mounting of newly launched solutions is expected to bolster demand in several end-use industries.
Key regions that players in the air cylinders must focus on are Europe, North America, and Asia Pacific. Other key regions comprise the Middle East and Africa and South America. Of these, North America has prospered substantially on the back of rising deployment of industrial automation, increasingly in manufacturing floors. Further, wide diversity of demands for pneumatic actuation technologies are also strengthening prospects in such regional markets.
On the other hand, Europe and Asia Pacific are also expected to generate sizable revenue shares in the coming few years. The presence of a few prominent players and constant efforts to bolster their product portfolio to meet a wide cross section of demands are factors that are propelling these regional market over the past few years.
Some of the prominent players seeking to retain their stronghold in the air cylinders market are Ingersoll Rand, Aventics, Parker Hannifin, Festo, and SMC Corporation. Some other key companies are Bimba Manufacturing, Ashun Fluid Power, AirTAC International Group, Metal Work, and Camozzi Automation.