Miniature Pneumatics Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The Miniature Pneumatics Market was valued at US$ 1,856.0 million in 2019 and is projected to reach US$ 2,725.7 million by 2027; it is expected to grow at a CAGR of 4% from 2021 to 2027.
Miniature Pneumatic Units consist of a variety of miniaturized pneumatic components for use in both small and medium applications and low pressure ranges. Weight and size are significant constraints in these systems, requiring high precision. Magnetic latch solenoid valves are suitable for reducing power consumption in a variety of applications where higher conventional power valves are used with precision. Magnetic design solenoids are suitable for battery powered and small pneumatic instruments such as environmental gas samplers, portable oxygen delivery systems and other OEM flow diverters. Several advantages of miniature pneumatics are low friction, good power-to-weight ratio and easy availability, which are expected to propel the miniature pneumatic market growth during the forecast period.
Market Segmentation
By Type
- Valves
- Cylinder
- Manifolds and Tubing
- Specialized Components
- Others
By Application
- Semiconductor
- HVAC Systems
- Aerospace
- Medical Instrument
- Test/Analytics Equipment
- Automotive
Key Players
A few major players operating in the global miniature pneumatics market are Emerson Electric Co. (ASCO); Beswick Engineering Co., Inc.; Clippard Instrument Laboratory, Inc.; Industrial Specialties Mfg. (ISM); Kendrion N.V.; NORGREN LIMITED; MCMASTER-CARR; Parker Hannifin Corporation; Pneumadyne; and ROSS CONTROLS.
Scope of the Report
The research study analyzes the global Miniature Pneumatics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Miniature Pneumatics Market Report
1. What was the Miniature Pneumatics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Miniature Pneumatics Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Miniature Pneumatics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report will be delivered within 48-72 hours after payment confirmation