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Smart Pneumatics Market By Component (Hardware, Software and Services), By Type (Smart Pneumatic Valves, Smart Pneumatic Actuators, Smart Pneumatic Modules), By End-Use Industry (Oil & Gas, Energy & Power, Water & Wastewater, Automotive, Semiconductor, Food & Beverage, and Others (Pharmaceuticals, Chemicals, and Metal & Mining)) By Region: Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026

Covid-19

Global Smart Pneumatics Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

[197+ Pages Report] According to a recent survey report issued by Facts and Factors, the global Smart Pneumatics Market stood at USD 3.76 Billion in 2020 and is projected to rise to USD 5.54 Billion in the year 2026, expanding at a CAGR of nearly 6.70% between 2021 and 2026.

logoMarket Overview     

Smart pneumatics is one of the most often used and favored pieces of equipment in the world, and it may be utilized in a variety of situations. It is a piece of machinery that is used to handle and carry items inside the confines of an industry. It is used in a variety of sectors, including automotive, manufacturing, retail, food and beverage, and transportation. Smart Pneumatics encompass a wide range of items, including belt conveyors, rollers, and pallets, among others. The usage of Smart pneumatics enables a bigger volume of commodities to be handled with greater efficiency. Smart pneumatics are material handling machinery and equipment that transfer heavy or bulky raw materials and/or completed goods from one location to another in a fraction of the time that human labor would take.

logoIndustry Growth Factors

The growing use of smart pneumatics in various sectors such as automotive, software, and services, among others, has fueled the worldwide smart pneumatics market's rise. Smart pneumatics are widely used in the automobile industry since they assist in ensuring that the production process is carried out efficiently. Automobile manufacturers are also implementing IoT technologies in order to improve asset monitoring and energy efficiency. In the automobile sector, this has generated a great development potential for smart pneumatics. Smart pneumatics is also increasingly being used in software and service components.  

One of the primary factors driving the growth of the smart pneumatics market is the increasing usage of the Internet of Things (IoT) across industries. By integrating smart technologies into traditional industrial components, the industrial internet of things (IIoT) has taken control. Pneumatic systems were formerly popular in industry because of their speed and dependability. By allowing pneumatic equipment to supply data for analytical procedures, the IIoT has extended its possibilities.

Smart Pneumatics Market

logoSegmentation Analysis

The global Smart Pneumatics market is segregated based on component, type, end-use industry, and region. Based on components, the global smart pneumatics industry is categorized into hardware, software, and services. Based on type, the global smart pneumatics industry is categorized into smart pneumatic actuators, smart pneumatic valves, and smart pneumatic modules. Based on the end-use industry, the global smart pneumatics industry is categorized into oil & gas, energy & power, water & wastewater, automotive, semiconductor, food & beverage, and others (pharmaceuticals, chemicals, and metal & mining).

logoReport Scope

Report Attribute

Details

Market Size in 2020

USD 3.76 Billion

Projected Market Size in 2026

USD 5.54 Billion

CAGR Growth Rate

6.70% CAGR

Base Year

2020

Historical Years

2016-2020

Forecast Years

2021-2026

Key Market Players

Advanced Pneumatics, Aventics GmbH, Basso Industry Corp., Bimba Manufacturing, Bosch Rexroth, Chicago Pneumatic, Cypress EnviroSystems Corp, Delton Pneumatics, Eaton Corp., Emerson Electric, Festo, Gardner Denver, Ham-Let Group, Hitachi Koki, Ingersoll Rand Inc., Jiffy Air Tool, Kramer Air Tools Inc., Makita Corp., Mann+Hummel, Mesto, Metrolog, Mitsubishi Heavy Industries Ltd., Ningbo Smart Pneumatic Co. Ltd., and others.

Key Segment

By Component, By Type, By End-Use Industry, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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logo Regional Analysis

In 2020, Asia Pacific is likely to be the leading regional Smart Pneumatics market As a result of the increased adoption of smart manufacturing or Industry 4.0 in numerous sectors, the Asia Pacific is expected to dominate over the forecast period, creating a substantial demand for smart pneumatics in the region. Also boosting demand for smart pneumatic systems in the Asia Pacific is a growing focus on optimum asset application, stringent regulatory rules for the workplace and personal safety, and rigorous quality control in the automotive, semiconductor, chemicals, and food & beverage sectors.

logo Competitive Players

Some main participants of the global Smart Pneumatics market are Advanced Pneumatics, Aventics GmbH, Basso Industry Corp., Bimba Manufacturing, Bosch Rexroth, Chicago Pneumatic, Cypress EnviroSystems Corp, Delton Pneumatics, Eaton Corp., Emerson Electric, Festo, Gardner Denver, Ham-Let Group, Hitachi Koki, Ingersoll Rand Inc., Jiffy Air Tool, Kramer Air Tools Inc., Makita Corp., Mann+Hummel, Mesto, Metrolog, Mitsubishi Heavy Industries Ltd., Ningbo Smart Pneumatic Co. Ltd., P&F Industries, Parker Hannifin, Pneumatic Products, Rotex Automation Limited, Rotork, SMC Corp. of America, Solution Control and Engineering Co., Stanley Black & Decker Inc., The Smart Actuator Company, Thomson Industries, and VAC-U-MAX amongst others.

logoSmart Pneumatics Market: By Component

  • Hardware
  • Software and Services

logoSmart Pneumatics Market: By Type

  • Smart Pneumatic Valves
  • Smart Pneumatic Actuators
  • Smart Pneumatic Modules

logoSmart Pneumatics Market: By End-Use Industry

  • Oil & Gas
  • Energy & Power
  • Water & Wastewater
  • Automotive
  • Semiconductor
  • Food & Beverage
  • Others (Pharmaceuticals, Chemicals, and Metal & Mining)

logoSmart Pneumatics Market: Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Covid-19

Smart Pneumatics Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Advanced Pneumatics
  • Aventics GmbH
  • Basso Industry Corp.
  • Bimba Manufacturing
  • Bosch Rexroth
  • Chicago Pneumatic
  • Cypress EnviroSystems Corp
  • Delton Pneumatics
  • Eaton Corp.
  • Emerson Electric
  • Festo
  • Gardner Denver
  • Ham-Let Group
  • Hitachi Koki
  • Ingersoll Rand Inc.
  • Jiffy Air Tool
  • K ramer Air Tools Inc.
  • Makita Corp.
  • Mann+Hummel
  • Mesto
  • Metrolog
  • Mitsubishi Heavy Industries Ltd.
  • Ningbo Smart Pneumatic Co. Ltd.
  • P&F Industries
  • Parker Hannifin
  • Pneumatic Products
  • Rotex Automation Limited
  • Rotork
  • SMC Corp. of America
  • Solution Control and Engineering Co.
  • Stanley Black & Decker Inc.
  • The Smart Actuator Company
  • Thomson Industries
  • VAC-U-MAX 

Frequently Asked Questions

The growing use of smart pneumatics in various sectors such as automotive, software, and services, among others, has fueled the worldwide smart pneumatics market's rise.
The Global Smart Pneumatics Market size & share was valued at USD 3.76 Billion in 2020 is estimated to reach USD 5.54 Billion by 2026, at a CAGR value of 6.70% during 2021-2026.
The Asia Pacific is projected to Dominate Global Smart Pneumatics Market Growth
The key market participants include Advanced Pneumatics, Aventics GmbH, Basso Industry Corp., Bimba Manufacturing, Bosch Rexroth, Chicago Pneumatic, Cypress EnviroSystems Corp, Delton Pneumatics, Eaton Corp., Emerson Electric, Festo, Gardner Denver, Ham-Let Group, Hitachi Koki, Ingersoll Rand Inc., Jiffy Air Tool, Kramer Air Tools Inc., Makita Corp., Mann+Hummel, Mesto, Metrolog, Mitsubishi Heavy Industries Ltd., Ningbo Smart Pneumatic Co. Ltd., P&F Industries, Parker Hannifin, Pneumatic Products, Rotex Automation Limited, Rotork, SMC Corp. of America, Solution Control and Engineering Co., Stanley Black & Decker Inc., The Smart Actuator Company, Thomson Industries, and VAC-U-MAX amongst others.
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