Miniature Pneumatics Market: Global Outlook, Key Developments, And Market Share Analysis | 2022-27
August 30, 2022
August 30TH,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Miniature Pneumatics Market over the trend period from 2014 to 2019 and forecast period from 2022 to 2027. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Miniature Pneumatics Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Miniature Pneumatics Market is no different. Derived from the previous market scenario, the Miniature Pneumatics Market is likely to witness an impressive CAGR of 5% during the forecast period but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
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The Miniature Pneumatics Market is segmented by–
- By Application Type - Based on the application type, the market is segmented as semiconductor, HVAC systems, aerospace, medical instruments, test/analytics equipment, automotive, and others.
- By Region - In terms of regions, Asia-Pacific is expected to be the leading region in the market during the forecast period with Japan, China, India and Australia as the key markets for miniature pneumatics.
Key Players:
- ASCO
- Beswick Engineering
- Clippard
- Industrial Specialties MFG
- Kendrion
- Mcmaster-Carr
- Norgren Limited
- Parker NA
- Pneumadyne
- Ross Controls.
Regional analysis:
In terms of regions, Asia-Pacific is expected to be the leading region in the market during the forecast period with Japan, China, India and Australia as the key markets for miniature pneumatics. The region is expected to grow at the highest CAGR over the forecast period. Many Asian countries have witnessed government assistance for the expansion of their manufacturing industries.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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Author : Emily
Frequently Asked Questions (FAQs)
Some of the key players in the miniature pneumatics market are ASCO, Beswick Engineering, Clippard, Industrial Specialties MFG, Kendrion, Mcmaster-Carr, Norgren Limited, Parker NA, Pneumadyne and Ross Controls.
Miniature pneumatics have numerous advantages, including lightweight, compact size, low friction, an excellent power-to-weight ratio, and ease of availability, which are expected to drive the growth of the market over the forecast period.