A new report on the Pneumatic Cylinder Market research study, published by Reports and Data, provides an in-depth survey of the dominant participants of the industry –the basis points for which are the financial highlights, company outline, SWOT Analysis, Product Portfolio, as well as major strategies and the expansion plans of the new and potential contenders. This report is also anticipated to reflect consistent growth in the coming years since consumers are now more aware of product quality. This market analysis of an industry is a crucial factor that numerous stakeholders, such as investors, traders, suppliers, and others, will find beneficial.

Pneumatic Cylinders offer benefits such as fast cylinders movement, low maintenance costs and cleanliness. The air used in Pneumatic Cylinders also prevents complications from the internal parts of the system because the air is dry and free of moisture. In many end - user industries, these factors increase the adoption of Pneumatic Cylinders.

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The report includes the latest coverage of the impact of COVID-19 on the Pneumatic Cylinder industry. The incidence has affected nearly every aspect of the business domain. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.

The emerging and present key participants in the Pneumatic Cylinder market are:

 Aventics (Germany), Airtec Pneumatic (Germany), SMC Corporation (Japan), Parker Hannifin (US), Emerson Electric (US), Sheffer Corporation (US), Festo GmbH (Germany), Ashun Fluid Power Co., Ltd. (Taiwan), Bimba Manufacturing (US) and Univer (Italy).

Profitability scope and Prospects

The key participants who have shown tremendous growth in the Pneumatic Cylinder market have been included in the report. In the report, data from 2016 to 2018, shows that some of the companies have shown enormous sales revenues, with the net revenue being doubled and the profits continually increasing. The profitability of the products being sold by the company indicates the influence and competitive advantage these companies have over the others.

Application (Revenue, USD Million; 2016–2026)

• Industrial Machinery
• Mobile

Product (Revenue, USD Million; 2016–2026)

• Single-acting cylinder
• Double-acting cylinder

Regional Outlook (Revenue in USD Million; 2016–2026)

• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest

1. The Pneumatic Cylinder Market is expected to grow from USD 1.51 Billion in 2018 to USD 1.95 Billion by 2026, at a CAGR of 3.2%. Advances in Pneumatic Cylinders are a key factor in the rapid growth of the global market for Pneumatic Cylinders.
   
   
2. On the basis of Application, the Industrial Machinery segment is expected to have the largest market share during the forecast period due to the recovery of the global economy, the development of emerging countries, the expansion of Chinese industrial expenditure, the automotive market, the increase in Pneumatic Cylinder consumption will be significant.
   
   
3. On the basis of Type, the Pneumatic Cylinder market is segmented into single-acting cylinders and double-acting cylinders. The segment of double-acting cylinders is expected to grow at the highest CAGR of 4.89% during the forecast period due to the different advantages of double-acting Pneumatic Cylinders.
   
   
4. Asia Pacific is forecasted to grow the highest at a CAGR of 5.6% during the forecast year and is expected to maintain its dominance over the forecast period. Increasing government infrastructure investment leads to a high demand for earth moving equipment, which in turn increases the market for Pneumatic Cylinders….Continued

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Objectives of the study:

Our panel of expert analysts specializing in the value chain has conducted an exhaustive, industry-wide study to offer readers accurate insights into the future of the Pneumatic Cylinder market and give key market players authentic information derived via both primary and secondary sources of data collection. Additionally, the report also comprises of inputs from our consultants, which can help companies make the most of the available market opportunities. It also offers a detailed breakdown of the sales of Pneumatic Cylinder and the factors that could potentially influence the growth of the industry. The information provided in this report will be able to help readers capitalize on the available growth prospects.

Current scenario of the Pneumatic Cylinder market

The year’s overall performance might not be that encouraging as other market segments like cloud-based and on-premises that have shown modest gains. The growth scenario might change with other companies trying to come up with more ambitious plans. Unlike the past, decent growth and consumption have been observed in the United States, EU, Japan, China, India Southeast Asia, and many growth opportunities lie ahead for the companies.

About the growth prospects and rising competition

The participants plan to introduce new products and launch them into various markets around the globe, considering the applications/end-uses, such as Small and Medium Enterprises (SMEs) Large Enterprises. The report also evaluates some latest innovative products that are vital and may be introduced in EMEA markets in the last quarter of 2019 and 2020.

The Pneumatic Cylinder Market report addresses the following questions:

1. What is the regulatory framework governing the application of Pneumatic Cylinder in the food industry?
   
   
2. What is the estimated growth rate of Pneumatic Cylinder for the forecast period from 2020 to 2026?
   
   
3. Which end-use industry is expected to have the highest demand for Pneumatic Cylinder by the year 2026?
   
   
4. Which manufacturing processes are utilized for the production of Pneumatic Cylinder?
   
   
5. Which are the leading regions for Pneumatic Cylinder Market players that are aiming to expand their product portfolio?

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