DUBLIN--(BUSINESS WIRE)--The "Global Pneumatic Actuator Market 2017-2021" report has been added to Research and Markets' offering.
The global pneumatic actuator market is forecast to grow at a CAGR of 4.04% during the period 2017-2021.
The report, Global Pneumatic Actuator Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major drivers for this market is Increased momentum of automation projects in power, chemical, and oil and gas industries. The need for high accuracy and cost optimization is driving the demand for process automation, which is leading to an increment in the demand for control valves. Control valves require pneumatic actuators in power, chemical, and oil and gas end-user industries for operational control. The demand for control valves is increasing in the oil and gas upstream and downstream sectors, owing to increasing investments in fluid control systems. Increase in power demand in Asian economies such as China and India is propelling the sale of control valves in the power generation industry. With the increase in demand for control valves across these process industries, the global pneumatic actuator market will also witness a growth during the forecast period.
Market Trends:
- Adoption of IoT-enabled actuators for predictive maintenance
- Use of electro-pneumatic electromechanical positioning system for position control
- Technological advances in soft pneumatic actuators in robotic industry
Key vendors
- Emerson Electric
- Flowserve
- Parker Hannifin
- Rotork
- SMC
Other prominent vendors
- ATI
- Cameron
- Crane
- Eaton
- Festo
- General Electric
- Honeywell
- Moog Flo-Tork
- NUTORK
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product Type
Part 07: Market Segmentation By End-User
Part 08: Regional Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/scv9zg/global_pneumatic
