Global Pneumatic Actuator Market 2017-2021: Increased Momentum of Automation Projects in Power, Chemical & Oil and Gas Industries - Research and Markets
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:
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Adoption of IoT-enabled actuators for predictive maintenance
-
Use of electro-pneumatic electromechanical positioning system for
position control
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Technological advances in soft pneumatic actuators in robotic industry
Key vendors
-
Emerson Electric
-
Flowserve
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Parker Hannifin
-
Rotork
-
SMC
Other prominent vendors
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ATI
-
Cameron
-
Crane
-
Eaton
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Festo
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General Electric
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Honeywell
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Moog Flo-Tork
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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
View source version on businesswire.com: http://www.businesswire.com/news/home/20171020005418/en/
Copyright Business Wire 2017
Source: Business Wire
(October 20, 2017 - 8:43 AM EDT)
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