Pneumatic Cylinder Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to pneumatic cylinder market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Pneumatic Cylinder Market News

  • In May 2022, Festo SE & Co. KG, a multinational industrial control and automation company, launched fast motion terminal VTEM pneumatics. Festo Motion Terminal VTEM is the combination of digitization and pneumatics. Tire manufacturing industries used Festo Motion Terminal VTEM.
  • In March 2022, Fabco-Air introduced a web store named shop.fabco-air.com. Fabco-Air collaborated with KYKLO Ltd. and used this Fabco-Air website to put forth all the standard product.

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Pneumatic Cylinder Market size was valued at USD 1292.82 Million in 2023 and is poised to grow from USD 1361.34 Million in 2024 to USD 2166.81 Million by 2032, growing at a CAGR of 5.3% during the forecast period (2025-2032).

Global pneumatic cylinder market is highly fragmented. Due to consumer focus on competitive pricing, many pneumatic cylinder players have a manufacturing plant in regions where labor cost is lower. Key players undergo mergers and acquisitions to produce innovative products. Players accepted key strategies to strengthen their position in the competitive market. 'SMC Corporation (Japan) ', 'Festo AG & Co. KG (Germany) ', 'Parker Hannifin Corporation (US) ', 'Emerson Electric Co. (US) ', 'Norgren (UK) ', 'Camozzi Group (Italy) ', 'Airtac International Group (Taiwan) ', 'Bosch Rexroth AG (Germany) ', 'CKD Corporation (Japan) ', 'Metal Work S.p.A. (Italy) ', 'Bimba Manufacturing Company (US) ', 'Aignep S.p.A. (Italy) ', 'Univer Group (Italy) ', 'Schrader Duncan Limited (India) ', 'Janatics India Pvt Ltd (India) ', 'Rotex Automation Limited (India) ', 'SMC Pneumatics (India) Pvt. Ltd. (India) ', 'AirTAC International Group (China) ', 'Pneumax S.p.A. (Italy) ', 'Mindman Industrial Co., Ltd. (Taiwan) '

Incorporation of IoT in Pneumatic Cylinder

Introduction of smart pneumatic cylinder due to its various advantages such as system optimization, which links the networking machinery, sensors, and control system together.

Asia Pacific is expected to have the largest global pneumatic cylinder market share over the forecast period due to the automobile sector growing rapidly in this region. In addition, emerging countries such as India and China have high populations which increase the demand for passenger and commercial vehicles. Automobile industries used pneumatic cylinders for conveyors, valve operation in process, and lifting heavy parts of vehicles. In the Asia Pacific region manufacturing plants are increased to meet the demand for automobiles, and hence the demand for pneumatic valves has also increased which helps to propel the market growth.

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Global Pneumatic Cylinder Market
Pneumatic Cylinder Market

Report ID: SQMIG20I2152

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