Global Pneumatic Piston Vibrators Market Size, Share, Growth Analysis, By Product(Impacting piston vibrators and non-impacting piston vibrators), By Application(Material handling, industrial production) - Industry Forecast 2024-2031

Pneumatic Piston Vibrators Market Driver

Increasing Automobile industry

• The demand for vehicles is increasing which boosts the automobile market. The Younger generation prefers luxury, high speed, and comfort. In the developed economies such as China and India the production of vehicles is increased due to growing demand for technologically advanced vehicles. China leads the automobile industry market followed by Japan. Hence the growing automobile industry contributes significantly to the growth of the global pneumatic piston vibrators market.

Pneumatic Piston Vibrators Market Restraint

Rise in Inclination towards Electric Vehicles

• Petrol and diesel vehicles are highly polluting and are quickly replaced by electric vehicles. Electric vehicles have zero tailpipe emissions which is better for the environment. The benefits of electric vehicles include lower running costs, lower maintenance cost, tax and financial benefits. Government has taken some significant initiatives to support electric vehicles. Many are increasingly concerned with volatile and rising petroleum costs. As a result, a growing number of consumers are considering alternatives to internal combustion engine vehicles. This increase in demand for electrical vehicles may cause hindrance and hamper the growth of the pneumatic piston vibrators market in the coming years.