DUBLIN, March 3, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/6kfh7h/global_pneumatic) has announced the addition of the "Global Pneumatic Actuators Market 2016-2020" report to their offering.
The global pneumatic actuators market to grow at a CAGR of 3.66% during the period 2016-2020.
Global Pneumatic Actuators Market 2016-2020, 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. The report covers the present scenario and the growth prospects of the global pneumatic actuators market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales (of both new and retrofit) and aftermarket services of pneumatic actuators.
Pneumatic actuators are equipped with sensors and integrated with other equipment through the IoT. Such integration should enable enterprises to collect useful data on cylinder speed, travel, temperature, and pressure, and the information can be used to optimize production or flag maintenance issues before a component fails completely.
According to the report, advances in process automation across various end-user industries, especially in North America and Europe, are likely to boost the demand for control valves. Pneumatic actuators are used to operate the control valves in various industries. Increased investment in fluid handling systems in refineries and rigs will raise the demand for control valves.
Further, the report states that Growing demand for electromechanical actuators can pose a threat to market growth. Electromechanical actuators provide precise positioning and control, high-energy efficiency, and have low operating costs. However, pneumatic actuators are inexpensive and generate more force compared to their electromechanical counterparts within the same footprint.
- Emerson Electric - Flowserve - Pentair - SMC
Other prominent vendors:
- ATI - Bosch Rexroth - Crane - Eaton - Festo - Parker Hannifin - Rotork
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by end user
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Appendix
For more information visit http://www.researchandmarkets.com/research/6kfh7h/global_pneumatic
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