Report ID: SQMIG20I2152
Report ID:
SQMIG20I2152 |
Region:
Global |
Published Date: July, 2001
Pages:
157
|
Tables:
95 |
Figures:
76
Asia Pacific is expected to have the largest global pneumatic cylinder market share over the forecast period due to the automobile sector growing rapidly in this region. In addition, emerging countries such as India and China have high populations which increase the demand for passenger and commercial vehicles. Automobile industries used pneumatic cylinders for conveyors, valve operation in process, and lifting heavy parts of vehicles. In the Asia Pacific region manufacturing plants are increased to meet the demand for automobiles, and hence the demand for pneumatic valves has also increased which helps to propel the market growth.
North America is expected to gain a grip in the global market over the forecast period. Healthcare industries are growing rapidly across the region due to the increasing population. In the healthcare sector, pneumatic cylinders are used in operating rooms, recovery rooms, medical devices, and other systems and also provide compressed air. Hence, the popularity of pneumatic cylinder is increasing in North America which drives market growth.
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REQUEST FREE CUSTOMIZATIONPneumatic Cylinder Market size was valued at USD 1227.75 million in 2019 and is poised to grow from USD 1292.82 million in 2023 to USD 2057.75 million by 2031, growing at a CAGR of 5.3% in the forecast period (2024-2031).
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Report ID: SQMIG20I2152