Pneumatic Cylinder Market is Estimated to Witness High Growth Due to Increasing Industrial Automation and Growing Adoption of Motion Control Applications
Global Pneumatic Cylinder Market is estimated to be valued at USD 749.2 Mn in 2024 over the forecast period 2024-2031. Pneumatic cylinders find wide application in manufacturing machines that require precision movement and control. Furthermore, the growing demand for automation across industries such as automotive, food and beverage, and semiconductor is augmenting the growth of the pneumatic cylinder market.
Market Dynamics:
The pneumatic cylinder market is primarily driven by the increasing industrial automation and growing adoption of motion control applications across various end-use industries. With the ongoing trend of Industry 4.0, manufacturing industries are increasingly automating their production processes to gain productivity and quality benefits. This growing automation is fueling the demand for pneumatic cylinders for precision movement and positioning applications in automated machinery. Moreover, pneumatic cylinders offer benefits such as low cost of installation and maintenance compared to electric actuators. This cost-effective nature along with reliability is supporting the use of pneumatic cylinders in motion control applications across industries. However, the availability of substitutes such as electric actuators and growing adoption of IoT and predictive maintenance solutions are expected to pose challenges to the growth of the pneumatic cylinder market.
Increasing Demand from Manufacturing Industry is Driving Growth of Pneumatic Cylinder Market
The manufacturing industry has seen significant growth over the past few years globally. As manufacturing activities increase across various sectors such as automotive, electronics, food & beverage, demand for pneumatic cylinders from these industries has also risen considerably. Pneumatic cylinders are widely used in manufacturing processes for various automation applications like gripping, lifting, and clamping. They provide cost-effective and reliable actuation for repetitive tasks on the production line. The smooth and precise motion control offered by pneumatic cylinders makes them ideal for packaging, assembly and material handling equipment used in manufacturing. With ongoing industrialization and factory automation trends, the demand from the manufacturing sector is expected to keep propelling the pneumatic cylinder market forward in the coming years.
Growing Adoption in Robotics is fueling Market Expansion
Robotics has emerged as a key growth area where pneumatic cylinders are finding increasing usage. As robotics deployment gains momentum across industries, the integration of pneumatic cylinders in robotic arms, motion platforms and other actuators is creating new revenue streams. Their self-contained, modular design and cost advantages make pneumatic cylinders a preferred actuation solution for collaborative robots working alongside humans. Furthermore, developments in soft robotics using pneumatic artificial muscles will further driving adoption. The precision, power and customizable motion profiles provided by pneumatic cylinders align well with the actuating needs of robotics. The ability to withstand harsh and unpredictable work conditions also makes them suitable for robotics applications. Therefore, the robotics revolution underway is opening up major market potential for pneumatic cylinders in the long run.
Material Cost Fluctuations Pose a Challenge
One of the key restraints affecting the pneumatic cylinder industry is fluctuations in raw material costs. Pneumatic cylinders primarily use steel, aluminum and plastics in their construction. The prices of these materials are prone to volatility depending on supply & demand forces in commodity markets. Any abrupt price increase of metals or polymers poses margin pressure on pneumatic cylinder manufacturers. It also impacts the pricing of finished cylinders. While companies try to absorb some material price rise, high volatility makes it difficult to maintain consistent product costs. Passing on the entire cost to customers also risks losing orders to competitors. This price uncertainty of primary input materials can adversely impact the planning and profitability of pneumatic cylinder makers.
Infrastructure Constraints Hinders Market Growth in Developing Nations
In developing countries, lack of advanced industrial infrastructure remains a restraint for the pneumatic cylinder market. Many smaller manufacturing units still rely on manual labor for operations owing to limitations in investments and technology adoption. The pneumatic cylinder industry is yet to penetrate lower tier towns and cities due to inadequate supply chain networks. Lack of knowledge about automation benefits is also a hindrance. Furthermore, unreliable power supplies and compressed air systems hamper the operational capabilities of pneumatic devices in such regions. High initial installation and commissioning costs compared to labor also deter small businesses. Overcoming these infrastructure barriers requires coordinated effort from governments as well as industry players.
IIoT brings Opportunity for Remote Control & Monitoring
The growth of industrial internet of things (IIoT) presents a major opportunity for pneumatic cylinders to incorporate smart capabilities. By integrating sensors, controllers and connectivity, pneumatic cylinders can be upgraded to offer remote condition monitoring and control. Features like predictive maintenance alerts, energy consumption tracking and remote operation/diagnostics can be added. This opens up the possibility of managing fleets of pneumatic cylinders from a centralized control room. The addition of IIoT also addresses safety and reduces downtime risks. Pneumatic cylinder manufacturers are working on developing smart variants to capitalize on this opportunity of adding digital intelligence to their products. Integrating with existing industrial automation systems seamlessly will unlock IIoT's full potential for pneumatic cylinders.
Adoption in Clean Energy Sector to Drive New Demand
With the global focus shifting towards renewable energy and carbon neutrality, pneumatic cylinders are exploring growth prospects in clean tech domains as well. Their application in solar trackers, wave energy converters, offshore wind turbines and fuel cell systems is gaining traction. For example, in solar photovoltaic plants, pneumatic cylinders enable precise two-axis movement of large solar panels to continuously face the sun for maximum energy collection. Similarly, in wind power plants located offshore, pneumatic cylinders provide reliable actuation solutions for pitch control and yaw drives despite harsh marine conditions. The demand for clean, affordable and sustainable energy sources is opening new application areas for pneumatic cylinders outside traditional industries.
Link - https://www.coherentmarketinsights.com/market-insight/pneumatic-cylinder-market-2472
Key Developments:
- In January 2024, SMC Corporation introduced a new series of compact pneumatic cylinders designed for space-constrained industrial applications, enhancing efficiency in automated systems.
- In February 2024, Festo Corporation launched an advanced pneumatic actuator with integrated IoT capabilities, allowing for real-time monitoring and predictive maintenance in manufacturing environments.
- In March 2024, Parker Hannifin Corporation expanded its product line with a range of corrosion-resistant pneumatic cylinders tailored for the oil and gas industry, ensuring durability in harsh environments.
Key Players:
SMC Corporation, Festo SE & Co Kg, Parker Hannifin Corporation, Univer Group, Camozzi, Metal Work, AirTAC International Group, Ashun Fluid Power Co, Aignep S.p.A, Stampotecnica (S.R.L), Bonesi Pneumatik
