Smart Pneumatics Market Analysis

  • Report ID: 6442
  • Published Date: Sep 17, 2024
  • Report Format: PDF, PPT

Smart Pneumatics Market Analysis

Type (Smart Pneumatic Valves, Smart Pneumatic Actuators, Smart Pneumatic Modules)

Smart pneumatic actuator segment in the smart pneumatics market is poised to grow at over 2.4% CAGR between 2025 and 2037, owing to their reliability and efficiency characteristics. The end use industries’ increasing focus on automation and Industry 4.0 manufacturing practices is driving the demand for advanced smart pneumatic actuators. Smart pneumatic actuators can be easily integrated with the Internet of Things (IoT) systems, and the data provided by them can be used for analytics and optimization of manufacturing processes. For instance, in January 2021, Curtiss-Wright Corporation launched a new motor support program for Exlar universal actuators. The Exlar FTP and FTX series actuators are finding automation applications in serval industries.

End use (Oil & Gas, Energy & Power, Water & Wastewater, Automotive, Semiconductor, Food & Beverage)

In smart pneumatics market, automotive segment is set to witness over 2.3% growth rate between 2025 and 2037. since vehicle production worldwide is increasing rapidly. According to the International Organization of Motor Vehicle Manufacturers (OICA), production statistics state 93.5 million of total vehicle production in 2023. Smart pneumatic technologies offer enhanced control and efficiency in various automotive applications including brake and suspension systems. This also results in fuel efficiency and reduced carbon emissions, driving the sales of eco-friendly vehicles.

Our in-depth analysis of the global smart pneumatics market includes the following segments:

Component

  • Hardware
  • Software
  • Services

Type

  • Smart Pneumatic Valves
  • Smart Pneumatic Actuators
  • Smart Pneumatic Modules

End use

  • Oil & Gas
  • Energy & Power
  • Water & Wastewater
  • Automotive
  • Semiconductor
  • Food & Beverages
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 6442
  • Published Date: Sep 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global smart pneumatics market will be valued at USD 5.1 billion in 2025.

Expanding at a CAGR of 2.5%, the global market is expected to increase from USD 4.9 billion in 2024 to USD 6.7 billion by 2037.

Some of the leading companies are Parker Hannifin Corporation, Emerson Electric Co., Bosch Rexroth, and Chicago Pneumatic.

The sales of smart pneumatic actuators are estimated to expand at a CAGR of 2.4% through 2037.

Asia Pacific leads the global demand for smart pneumatics and is expected to hold a dominant market share through 2037.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample