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.
The worldwide market for Pneumatic Cylinder is expected to grow at a CAGR of roughly 3.1% over the next five years, will reach 1250 million US$ in 2024, from 1040 million US$ in 2019.
Global Pneumatic Cylinder Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Pneumatic Cylinder Industry report also provides essential attributes associated with Pneumatic Cylinder market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Pneumatic Cylinder Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Pneumatic Cylinder business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Pneumatic Cylinder market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Aro (Ingersoll Rand)
Ashun Fluid Power Co
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
The prospective of this Pneumatic Cylinder industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Pneumatic Cylinder present market share and future prospects of the segment in terms of has also been explored in this report.
Global Pneumatic Cylinder market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Pneumatic Cylinder report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Pneumatic Cylinder Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.