The Global Pneumatic Cylinder Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.
First, as for the pneumatic cylinder industry, the industry structure is relatively concentrated. The top 10 manufacturers occupied 60% of market share. The top five manufacturers are SMC Corporation, Festo, IMI, Parker, Aventics which are close to 48 per cent totally in 2015. The SMC Corporation which has 16.69% market share in 2015 is the leader in the Pneumatic Cylinder industry. The manufacturers following SMC Corporation are Festo and IMI, which respectively has 12.01% and 6.90% market share in 2015.
Second, the global consumption of pneumatic cylinder products rises up from 8212.2 K units in 2011 to 10380.6 K units in 2015, with an average annual growth rate of 5.23%. At the same time, the revenue of world pneumatic cylinder sales market has a leap from 837.35 million dollar to 961.83 million dollar. The reason causes this increase is the growing demand for the pneumatic cylinder products in East Asia.
According to this study, over the next five years the Pneumatic Cylinder market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 280 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Pneumatic Cylinder business, shared in Chapter 3.
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The key manufacturers covered in this report:
- SMC Corporation
- Aro (Ingersoll Rand)
- Metal Work
- Ashun Fluid Power Co
- Bimba Manufacturing
Segmentation by product type:
- Single-Acting Cylinders
- Double-Acting Cylinders
Segmentation by application:
- Industrial realm
This report also splits the market by region:
· United States
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· To study and analyze the global Pneumatic Cylinder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
· To understand the structure of Pneumatic Cylinder market by identifying its various subsegments.
· Focuses on the key global Pneumatic Cylinder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
· To analyze the Pneumatic Cylinder with respect to individual growth trends, future prospects, and their contribution to the total market.
· To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
· To project the consumption of Pneumatic Cylinder submarkets, with respect to key regions (along with their respective key countries).
· To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
· To strategically profile the key players and comprehensively analyze their growth strategies.
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