Pneumatic Actuator Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, Japan, Germany - Size and Forecast 2024-2028

Published: Jan 2024 Pages: 181 SKU: IRTNTR71420

Pneumatic Actuator Market  Forecast 2024-2028

The pneumatic actuator market size is forecast to increase by USD 1.09 billion, at a CAGR of 5.45% between 2023 and 2028. The market growth analysis depends on several factors such as the increasing use of pneumatic actuators in food and beverage industry, the increasing demand for pneumatic actuators from oil and gas industry, and the increasing momentum of automation in industrial facilities. 

The report includes a comprehensive outlook on the market, offering forecasts for the industry segmented by Product Type, which comprises quarter-turn, multi-turn, and linear. Additionally, it categorizes End-user into chemical and petrochemical, oil and gas, power generation, mining, and others, and covers Regions, including North America, Europe, APAC, South America, and Middle East and Africa. The market report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

Pneumatic Actuator Market Forecasting

Pneumatic Actuator Market Forecast 2024-2028

To learn more about this report,  Request Free Sample

Market Dynamic

Our researchers studied the market research and growth data for years, with 2023 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Driver- Increasing use of pneumatic actuators in the food and beverage industry

Actuators are used in the food and beverage industry to maintain product integrity and comply with safety standards. The increase in demand for organic food and increasing regulations on food safety are driving the need for automated processes in the food and beverage industry. Manufacturers in this industry are incorporating automation and robotics in their product lines to make their processes more flexible and agile to retail demand. Actuators are used in both food-contact and non-food-contact applications.

Furthermore, new FDA rules in accordance with the Food Safety Modernization Act focus on sanitization and hygiene, which compels manufacturers to ensure clean and well-maintained equipment. This has driven the vendors of pneumatic actuators to offer products of different designs and product variants as per customer needs in food and beverage industry. Therefore, the application of pneumatic actuators in the food and beverage industry will drive the growth of the  market during the forecast period.

Trends- Adoption of IoT-enabled actuators for predictive maintenance

Marlet players are moving toward predictive maintenance to improve accuracy and reduce production downtime. This is particularly useful in industries that use large motors in operations. In industries like oil and gas, mining, and chemical, IoT actuators can be very useful as even a small downtime in such industries can lead to high costs. These actuators make it easy to monitor actuator variables such as cylinder speed, travel, temperature, and pressure. With the help of modern sensors that provide high accuracy and are available at low cost, the integration of IoT and pneumatic actuators has been made easy. Together with smart monitors, these actuators can independently communicate so that they do not interfere with the main process line.

Additionally, a number of manufacturers designed and developed to capture data from machine components and analyze it at the local factory level, comparing the performance to design parameters. Thus, connecting sensors on pneumatics components to an edge gateway leads to major improvements in maintenance and safety as well as energy usage. Hence, such advancement in pneumatic actuators will drive the growth of the market during the forecast period.

Challenge- Air-related technical issues of pneumatic actuator

Air pressure is hard to maintain in pneumatic actuators as pressurized air always tries to occupy free space. This often leads to air leakage, which results in energy loss. Thus, pneumatic actuators must be equipped with airtight equipment. As compressed air operates at high speed, it produces a lot of noise during ejection. Pressurized air in pneumatic actuators is also prone to condensation and, hence, requires lubrication to reduce friction. This air can also be contaminated by water, oil, or dirt, which can increase downtime considerably.

Furthermore, owing to compressed air, pneumatic actuators generate low force and low speed when subjected to low pressure. Consequently, such factors hamper the demand for pneumatic actuators from various end-users, thereby hindering the growth of the  market during the forecast period.

Market Segmentation by Product Type, End-user, and Geography

Product Type Segment Analysis: 

The quarter-turn segment will account for a major share of the market's growth during the forecast period.? Quarter-turn pneumatic actuators are commonly used in valve control applications, especially for valves that require a 90-degree or quarter-turn movement to open or close. Quarter-turn pneumatic actuators often have a more compact design compared with other types of actuators. This makes them suitable for installations where space is limited. Additionally, these can provide high torque output with relatively low air consumption, enhancing their efficiency. As industries increasingly automate their processes, there is a growing need for efficient and reliable actuators to control valves and other equipment.

Customised Report as per your requirements!

The quarter-turn segment was valued at USD 1.61 billion in 2018. Quarter-turn actuators provide quick and precise rotational movement, making them suitable for various automated systems. Overall, the rising demand for quarter-turn pneumatic actuators is driven by their versatility, reliability, efficiency, and suitability for a wide range of industrial applications requiring precise rotational control of valves and other equipment. The demand for pneumatic actuators extends across multiple sectors such as manufacturing, automotive, pharmaceuticals, water treatment, food and beverage, and more, contributing to sustained demand, which in turn will drive the growth market during the forecast period.

End-user?Segment Analysis: 

Based on end-user, the market has been segmented into chemical and petrochemical, oil and gas, power generation, mining, and others. The chemical and petrochemical?segment will account for the largest share of this segment.? Pneumatic actuators used in chemical and petrochemical industries are often constructed from corrosion-resistant materials such as stainless steel or other alloys. The use of pneumatic valves and actuators enables smooth operations with an effective production process, minimal wastage and downtime, and safe waste disposal. Control valves play a vital role in regulating fluid flow, pressure, and temperature in chemical and petrochemical processes. Furthermore, the demand for chemical products is expected to rise during the forecast period, which will increase the demand for pneumatic actuators. Hence, the rise in production capacity in the chemical and petrochemical industry is expected to drive the growth of the market during the forecast period.

Regional Analysis

For more insights on the market share of various regions Download Sample PDF now!

North America is estimated to contribute 31% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. North America has a substantial share of the market, driven by its pivotal role in the oil and gas sector. Shale oil developments in the US and extensive oil sand deposits in Canada amplify the demand for pneumatic actuators. Ongoing upgrades in oil and gas technologies, coupled with substantial petrochemical projects, contribute to future market growth. In the food and beverage industry, compliance with the new FDA rule emphasizing hygiene boosts the demand for pneumatic actuators. However, the shift to solar power hampers growth in the mining sector. Technological advancements and the imperative for high-quality machinery position North America for increased market revenues, fueled by its prominence in oil and gas production.

Who are the Major Pneumatic Actuator Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • ABB Ltd.: The company offers pneumatic actuators such as linear pneumatic and universal pneumatic rotary actuators. It is suitable for applications that require rotary or linear motion for the positioning of air dampers, fan inlet vanes, louvers, diverters, lever-operated ball or butterfly valves, turbine governors, and fluid drives.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

AIRTECH PRODUCTS Inc., Crane Holdings Co., Eaton Corp. Plc, Emerson Electric Co., Festo SE and Co. KG, Flowserve Corp., Flowtorq Engineering Pvt. Ltd., HKS Dreh Antriebe GmbH, Honeywell International Inc., Marsh Automation Pvt. Ltd., Moog Inc., Parker Hannifin Corp., Pentair Plc, ROTEX Controls Inc., Rotork Plc, Siemens AG, SMC Corp, Tolomatic Inc., and Schlumberger Ltd.

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The  market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Deployment Outlook 
    • Quarter-turn
    • Multi-turn
    • Linear
  • End-user Outlook
    • Chemical and petrochemical
    • Oil and gas
    • Power generation
    • Mining
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Pneumatic Actuator Market Scope

Report Coverage

Details

Page number

181

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.45%

Market Growth 2024-2028

USD 1.09 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.89

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 31%

Key countries

US, Canada, China, Japan, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., AIRTECH PRODUCTS Inc., Crane Holdings Co., Eaton Corp. Plc, Emerson Electric Co., Festo SE and Co. KG, Flowserve Corp., Flowtorq Engineering Pvt. Ltd., HKS Dreh Antriebe GmbH, Honeywell International Inc., Marsh Automation Pvt. Ltd., Moog Inc., Parker Hannifin Corp., Pentair Plc, ROTEX Controls Inc., Rotork Plc, Siemens AG, SMC Corp, Tolomatic Inc., and Schlumberger Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request Sample PDF 

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • The market growth and forecasting across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global pneumatic actuator market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global pneumatic actuator market 2018 - 2022 ($ billion)
    • 4.2 Product Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Type Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Product Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Product Type
      • Exhibit 32: Chart on Comparison by Product Type
      • Exhibit 33: Data Table on Comparison by Product Type
    • 6.3 Quarter-turn - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Quarter-turn - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Quarter-turn - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Quarter-turn - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Quarter-turn - Year-over-year growth 2023-2028 (%)
    • 6.4 Multi-turn - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Multi-turn - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Multi-turn - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Multi-turn - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Multi-turn - Year-over-year growth 2023-2028 (%)
    • 6.5 Linear - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Linear - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Linear - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Linear - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Linear - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Product Type
      • Exhibit 46: Market opportunity by Product Type ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Product Type ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Chemical and petrochemical - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Chemical and petrochemical - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Chemical and petrochemical - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Chemical and petrochemical - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Chemical and petrochemical - Year-over-year growth 2023-2028 (%)
    • 7.4 Oil and gas - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Oil and gas - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Oil and gas - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
    • 7.5 Power generation - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Power generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Power generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Power generation - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
    • 7.6 Mining - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Mining - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Mining - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Mining - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Mining - Year-over-year growth 2023-2028 (%)
    • 7.7 Others - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 72: Market opportunity by End-user ($ billion)
      • Exhibit 73: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 87: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Canada - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 115: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 116: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 117: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ billion)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 127: ABB Ltd. - Overview
              • Exhibit 128: ABB Ltd. - Business segments
              • Exhibit 129: ABB Ltd. - Key offerings
              • Exhibit 130: ABB Ltd. - Segment focus
            • 12.4 AIRTECH PRODUCTS Inc.
              • Exhibit 131: AIRTECH PRODUCTS Inc. - Overview
              • Exhibit 132: AIRTECH PRODUCTS Inc. - Product / Service
              • Exhibit 133: AIRTECH PRODUCTS Inc. - Key offerings
            • 12.5 Crane Holdings Co.
              • Exhibit 134: Crane Holdings Co. - Overview
              • Exhibit 135: Crane Holdings Co. - Business segments
              • Exhibit 136: Crane Holdings Co. - Key offerings
              • Exhibit 137: Crane Holdings Co. - Segment focus
            • 12.6 Eaton Corp. Plc
              • Exhibit 138: Eaton Corp. Plc - Overview
              • Exhibit 139: Eaton Corp. Plc - Business segments
              • Exhibit 140: Eaton Corp. Plc - Key news
              • Exhibit 141: Eaton Corp. Plc - Key offerings
              • Exhibit 142: Eaton Corp. Plc - Segment focus
            • 12.7 Emerson Electric Co.
              • Exhibit 143: Emerson Electric Co. - Overview
              • Exhibit 144: Emerson Electric Co. - Business segments
              • Exhibit 145: Emerson Electric Co. - Key news
              • Exhibit 146: Emerson Electric Co. - Key offerings
              • Exhibit 147: Emerson Electric Co. - Segment focus
            • 12.8 Flowserve Corp.
              • Exhibit 148: Flowserve Corp. - Overview
              • Exhibit 149: Flowserve Corp. - Business segments
              • Exhibit 150: Flowserve Corp. - Key news
              • Exhibit 151: Flowserve Corp. - Key offerings
              • Exhibit 152: Flowserve Corp. - Segment focus
            • 12.9 Honeywell International Inc.
              • Exhibit 153: Honeywell International Inc. - Overview
              • Exhibit 154: Honeywell International Inc. - Business segments
              • Exhibit 155: Honeywell International Inc. - Key news
              • Exhibit 156: Honeywell International Inc. - Key offerings
              • Exhibit 157: Honeywell International Inc. - Segment focus
            • 12.10 Moog Inc.
              • Exhibit 158: Moog Inc. - Overview
              • Exhibit 159: Moog Inc. - Business segments
              • Exhibit 160: Moog Inc. - Key offerings
              • Exhibit 161: Moog Inc. - Segment focus
            • 12.11 Parker Hannifin Corp.
              • Exhibit 162: Parker Hannifin Corp. - Overview
              • Exhibit 163: Parker Hannifin Corp. - Business segments
              • Exhibit 164: Parker Hannifin Corp. - Key news
              • Exhibit 165: Parker Hannifin Corp. - Key offerings
              • Exhibit 166: Parker Hannifin Corp. - Segment focus
            • 12.12 Pentair Plc
              • Exhibit 167: Pentair Plc - Overview
              • Exhibit 168: Pentair Plc - Business segments
              • Exhibit 169: Pentair Plc - Key news
              • Exhibit 170: Pentair Plc - Key offerings
              • Exhibit 171: Pentair Plc - Segment focus
            • 12.13 ROTEX Controls Inc.
              • Exhibit 172: ROTEX Controls Inc. - Overview
              • Exhibit 173: ROTEX Controls Inc. - Product / Service
              • Exhibit 174: ROTEX Controls Inc. - Key offerings
            • 12.14 Rotork Plc
              • Exhibit 175: Rotork Plc - Overview
              • Exhibit 176: Rotork Plc - Business segments
              • Exhibit 177: Rotork Plc - Key offerings
              • Exhibit 178: Rotork Plc - Segment focus
            • 12.15 Schlumberger Ltd.
              • Exhibit 179: Schlumberger Ltd. - Overview
              • Exhibit 180: Schlumberger Ltd. - Business segments
              • Exhibit 181: Schlumberger Ltd. - Key news
              • Exhibit 182: Schlumberger Ltd. - Key offerings
              • Exhibit 183: Schlumberger Ltd. - Segment focus
            • 12.16 Siemens AG
              • Exhibit 184: Siemens AG - Overview
              • Exhibit 185: Siemens AG - Business segments
              • Exhibit 186: Siemens AG - Key news
              • Exhibit 187: Siemens AG - Key offerings
              • Exhibit 188: Siemens AG - Segment focus
            • 12.17 SMC Corp
              • Exhibit 189: SMC Corp - Overview
              • Exhibit 190: SMC Corp - Product / Service
              • Exhibit 191: SMC Corp - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 192: Inclusions checklist
                • Exhibit 193: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 194: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 195: Research methodology
                • Exhibit 196: Validation techniques employed for market sizing
                • Exhibit 197: Information sources
              • 13.5 List of abbreviations
                • Exhibit 198: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              pneumatic actuator market market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis