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Electropneumatic Actuators-Global Market Insights and Sales Trends 2024

Electropneumatic Actuators-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1876273

No of Pages : 108

Synopsis
Electro-pneumatic actuators are often considered a cost-effective alternative to electromechanical and electrohydraulic actuators. This makes them best suited to lower-power applications. Electro-pneumatic actuators are widely used to automate a number of areas of industrial applications, from production to assembly and packaging systems.
With electro-pneumatic actuators, the pneumatic components are controlled by electrical components including sensors, switches and industrial computer systems. The use of electric components replaces the manual control that was traditionally used in pneumatic systems.
The global Electropneumatic Actuators market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electropneumatic Actuators in various end use industries. The expanding demands from the Oil and Gas, Chemical, Pharmaceutical Manufacturing and Others, are propelling Electropneumatic Actuators market. Single Acting Actuator, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Double Acting Actuator segment is estimated at % CAGR for the next seven-year period.
The market for electropneumatic actuators is driven by several factors:
Industrial Automation: The growing adoption of industrial automation across various industries is a significant driver for the electropneumatic actuators market. These actuators play a crucial role in automating processes by providing precise and controlled movement in response to electrical signals. Industries such as manufacturing, automotive, packaging, and food and beverage rely on electropneumatic actuators for applications such as valve control, material handling, robotic systems, and assembly lines.
Energy Efficiency and Sustainability: Energy efficiency and sustainability initiatives are driving the demand for more efficient and environmentally friendly automation solutions. Electropneumatic actuators offer advantages in terms of energy efficiency compared to traditional pneumatic or hydraulic actuators. By leveraging electrical control, they can optimize energy consumption and reduce overall operating costs. The ability to minimize energy usage and meet sustainability goals is a strong driver for the adoption of electropneumatic actuators.
Increasing Focus on Process Control and Precision: Many industries require precise control and positioning in their processes. Electropneumatic actuators provide high accuracy, repeatability, and controllability, making them suitable for applications that demand precise movement and positioning. Industries such as semiconductor manufacturing, pharmaceuticals, and laboratory automation rely on electropneumatic actuators to ensure accurate control of valves, positioning of components, and handling of delicate materials.
Advancements in Electronics and Control Systems: Technological advancements in electronics and control systems have significantly enhanced the capabilities and performance of electropneumatic actuators. Integration with programmable logic controllers (PLCs), human-machine interfaces (HMIs), and industrial networks enables seamless integration and advanced control features. The ability to integrate with smart systems and utilize data-driven insights is driving the demand for advanced electropneumatic actuators.
Safety and Reliability: Safety is a critical consideration in industrial automation. Electropneumatic actuators offer safety features such as fail-safe modes, overload protection, and position feedback systems, which contribute to safe and reliable operations. Industries with high safety requirements, such as oil and gas, chemical processing, and nuclear power, rely on electropneumatic actuators to ensure safe and precise control in hazardous environments.
Demand for Remote Monitoring and Control: The need for remote monitoring and control capabilities has become increasingly important, especially in large-scale industrial operations. Electropneumatic actuators can be integrated with digital control systems and connected to Industrial Internet of Things (IIoT) platforms, enabling remote monitoring, diagnostics, and control. This capability improves operational efficiency, reduces downtime, and facilitates predictive maintenance, driving the adoption of electropneumatic actuators.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electropneumatic Actuators, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electropneumatic Actuators market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electropneumatic Actuators market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electropneumatic Actuators sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electropneumatic Actuators covered in this report include Emerson Electric, Flowserve, Festo, ABB, Siemens AG, SAMSON, Rotork, Parker Hannifin and TLV, etc.
The global Electropneumatic Actuators market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Emerson Electric
Flowserve
Festo
ABB
Siemens AG
SAMSON
Rotork
Parker Hannifin
TLV
ATI
Moog
Global Electropneumatic Actuators market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electropneumatic Actuators market, Segment by Type:
Single Acting Actuator
Double Acting Actuator
Global Electropneumatic Actuators market, by Application
Oil and Gas
Chemical
Pharmaceutical Manufacturing
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electropneumatic Actuators manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electropneumatic Actuators in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Electropneumatic Actuators Market Overview
1.1 Electropneumatic Actuators Product Overview
1.2 Electropneumatic Actuators Market Segment by Type
1.2.1 Single Acting Actuator
1.2.2 Double Acting Actuator
1.3 Global Electropneumatic Actuators Market Size by Type
1.3.1 Global Electropneumatic Actuators Market Size Overview by Type (2018-2029)
1.3.2 Global Electropneumatic Actuators Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electropneumatic Actuators Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electropneumatic Actuators Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electropneumatic Actuators Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electropneumatic Actuators Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electropneumatic Actuators Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electropneumatic Actuators Sales Breakdown by Type (2018-2023)
2 Global Electropneumatic Actuators Market Competition by Company
2.1 Global Top Players by Electropneumatic Actuators Sales (2018-2023)
2.2 Global Top Players by Electropneumatic Actuators Revenue (2018-2023)
2.3 Global Top Players by Electropneumatic Actuators Price (2018-2023)
2.4 Global Top Manufacturers Electropneumatic Actuators Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electropneumatic Actuators Market Competitive Situation and Trends
2.5.1 Electropneumatic Actuators Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electropneumatic Actuators Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electropneumatic Actuators as of 2022)
2.7 Date of Key Manufacturers Enter into Electropneumatic Actuators Market
2.8 Key Manufacturers Electropneumatic Actuators Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electropneumatic Actuators Status and Outlook by Region
3.1 Global Electropneumatic Actuators Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electropneumatic Actuators Historic Market Size by Region
3.2.1 Global Electropneumatic Actuators Sales in Volume by Region (2018-2023)
3.2.2 Global Electropneumatic Actuators Sales in Value by Region (2018-2023)
3.2.3 Global Electropneumatic Actuators Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electropneumatic Actuators Forecasted Market Size by Region
3.3.1 Global Electropneumatic Actuators Sales in Volume by Region (2024-2029)
3.3.2 Global Electropneumatic Actuators Sales in Value by Region (2024-2029)
3.3.3 Global Electropneumatic Actuators Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electropneumatic Actuators by Application
4.1 Electropneumatic Actuators Market Segment by Application
4.1.1 Oil and Gas
4.1.2 Chemical
4.1.3 Pharmaceutical Manufacturing
4.1.4 Others
4.2 Global Electropneumatic Actuators Market Size by Application
4.2.1 Global Electropneumatic Actuators Market Size Overview by Application (2018-2029)
4.2.2 Global Electropneumatic Actuators Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electropneumatic Actuators Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electropneumatic Actuators Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electropneumatic Actuators Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electropneumatic Actuators Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electropneumatic Actuators Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electropneumatic Actuators Sales Breakdown by Application (2018-2023)
5 North America Electropneumatic Actuators by Country
5.1 North America Electropneumatic Actuators Historic Market Size by Country
5.1.1 North America Electropneumatic Actuators Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electropneumatic Actuators Sales in Volume by Country (2018-2023)
5.1.3 North America Electropneumatic Actuators Sales in Value by Country (2018-2023)
5.2 North America Electropneumatic Actuators Forecasted Market Size by Country
5.2.1 North America Electropneumatic Actuators Sales in Volume by Country (2024-2029)
5.2.2 North America Electropneumatic Actuators Sales in Value by Country (2024-2029)
6 Europe Electropneumatic Actuators by Country
6.1 Europe Electropneumatic Actuators Historic Market Size by Country
6.1.1 Europe Electropneumatic Actuators Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electropneumatic Actuators Sales in Volume by Country (2018-2023)
6.1.3 Europe Electropneumatic Actuators Sales in Value by Country (2018-2023)
6.2 Europe Electropneumatic Actuators Forecasted Market Size by Country
6.2.1 Europe Electropneumatic Actuators Sales in Volume by Country (2024-2029)
6.2.2 Europe Electropneumatic Actuators Sales in Value by Country (2024-2029)
7 Asia-Pacific Electropneumatic Actuators by Region
7.1 Asia-Pacific Electropneumatic Actuators Historic Market Size by Region
7.1.1 Asia-Pacific Electropneumatic Actuators Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electropneumatic Actuators Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electropneumatic Actuators Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electropneumatic Actuators Forecasted Market Size by Region
7.2.1 Asia-Pacific Electropneumatic Actuators Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electropneumatic Actuators Sales in Value by Region (2024-2029)
8 Latin America Electropneumatic Actuators by Country
8.1 Latin America Electropneumatic Actuators Historic Market Size by Country
8.1.1 Latin America Electropneumatic Actuators Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electropneumatic Actuators Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electropneumatic Actuators Sales in Value by Country (2018-2023)
8.2 Latin America Electropneumatic Actuators Forecasted Market Size by Country
8.2.1 Latin America Electropneumatic Actuators Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electropneumatic Actuators Sales in Value by Country (2024-2029)
9 Middle East and Africa Electropneumatic Actuators by Country
9.1 Middle East and Africa Electropneumatic Actuators Historic Market Size by Country
9.1.1 Middle East and Africa Electropneumatic Actuators Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electropneumatic Actuators Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electropneumatic Actuators Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electropneumatic Actuators Forecasted Market Size by Country
9.2.1 Middle East and Africa Electropneumatic Actuators Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electropneumatic Actuators Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Emerson Electric
10.1.1 Emerson Electric Company Information
10.1.2 Emerson Electric Introduction and Business Overview
10.1.3 Emerson Electric Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Emerson Electric Electropneumatic Actuators Products Offered
10.1.5 Emerson Electric Recent Development
10.2 Flowserve
10.2.1 Flowserve Company Information
10.2.2 Flowserve Introduction and Business Overview
10.2.3 Flowserve Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Flowserve Electropneumatic Actuators Products Offered
10.2.5 Flowserve Recent Development
10.3 Festo
10.3.1 Festo Company Information
10.3.2 Festo Introduction and Business Overview
10.3.3 Festo Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Festo Electropneumatic Actuators Products Offered
10.3.5 Festo Recent Development
10.4 ABB
10.4.1 ABB Company Information
10.4.2 ABB Introduction and Business Overview
10.4.3 ABB Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ABB Electropneumatic Actuators Products Offered
10.4.5 ABB Recent Development
10.5 Siemens AG
10.5.1 Siemens AG Company Information
10.5.2 Siemens AG Introduction and Business Overview
10.5.3 Siemens AG Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Siemens AG Electropneumatic Actuators Products Offered
10.5.5 Siemens AG Recent Development
10.6 SAMSON
10.6.1 SAMSON Company Information
10.6.2 SAMSON Introduction and Business Overview
10.6.3 SAMSON Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SAMSON Electropneumatic Actuators Products Offered
10.6.5 SAMSON Recent Development
10.7 Rotork
10.7.1 Rotork Company Information
10.7.2 Rotork Introduction and Business Overview
10.7.3 Rotork Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Rotork Electropneumatic Actuators Products Offered
10.7.5 Rotork Recent Development
10.8 Parker Hannifin
10.8.1 Parker Hannifin Company Information
10.8.2 Parker Hannifin Introduction and Business Overview
10.8.3 Parker Hannifin Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Parker Hannifin Electropneumatic Actuators Products Offered
10.8.5 Parker Hannifin Recent Development
10.9 TLV
10.9.1 TLV Company Information
10.9.2 TLV Introduction and Business Overview
10.9.3 TLV Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.9.4 TLV Electropneumatic Actuators Products Offered
10.9.5 TLV Recent Development
10.10 ATI
10.10.1 ATI Company Information
10.10.2 ATI Introduction and Business Overview
10.10.3 ATI Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.10.4 ATI Electropneumatic Actuators Products Offered
10.10.5 ATI Recent Development
10.11 Moog
10.11.1 Moog Company Information
10.11.2 Moog Introduction and Business Overview
10.11.3 Moog Electropneumatic Actuators Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Moog Electropneumatic Actuators Products Offered
10.11.5 Moog Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electropneumatic Actuators Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electropneumatic Actuators Industrial Chain Analysis
11.4 Electropneumatic Actuators Market Dynamics
11.4.1 Electropneumatic Actuators Industry Trends
11.4.2 Electropneumatic Actuators Market Drivers
11.4.3 Electropneumatic Actuators Market Challenges
11.4.4 Electropneumatic Actuators Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electropneumatic Actuators Distributors
12.3 Electropneumatic Actuators Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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