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Global Pneumatic Actuator Market 2017-2021: Increased Momentum of Automation Projects in Power, Chemical & Oil and Gas Industries – Research and Markets

 October 20, 2017 - 8:43 AM EDT

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Global Pneumatic Actuator Market 2017-2021: Increased Momentum of Automation Projects in Power, Chemical & Oil and Gas Industries - Research and Markets

DUBLIN

The "Global
Pneumatic Actuator Market 2017-2021"
report has been added to Research
and Markets'
offering.

The global pneumatic actuator market is forecast to grow at a CAGR of
4.04% during the period 2017-2021.

The report, Global Pneumatic Actuator Market 2017-2021, 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.

One of the major drivers for this market is Increased momentum of
automation projects in power, chemical, and oil and gas industries. The
need for high accuracy and cost optimization is driving the demand for
process automation, which is leading to an increment in the demand for
control valves. Control valves require pneumatic actuators in power,
chemical, and oil and gas end-user industries for operational control.
The demand for control valves is increasing in the oil and gas upstream
and downstream sectors, owing to increasing investments in fluid control
systems. Increase in power demand in Asian economies such as China and
India is propelling the sale of control valves in the power generation
industry. With the increase in demand for control valves across these
process industries, the global pneumatic actuator market will also
witness a growth during the forecast period.

Market Trends:

  • Adoption of IoT-enabled actuators for predictive maintenance
  • Use of electro-pneumatic electromechanical positioning system for
    position control
  • Technological advances in soft pneumatic actuators in robotic industry

Key vendors

  • Emerson Electric
  • Flowserve
  • Parker Hannifin
  • Rotork
  • SMC

Other prominent vendors

  • ATI
  • Cameron
  • Crane
  • Eaton
  • Festo
  • General Electric
  • Honeywell
  • Moog Flo-Tork
  • NUTORK

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product Type

Part 07: Market Segmentation By End-User

Part 08: Regional Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/scv9zg/global_pneumatic

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Related
Topics: Machinery,
Machine
Parts

Source: Business Wire
(October 20, 2017 - 8:43 AM EDT)

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