One of the main drivers of the expansion of the pneumatic cylinder market is the growing adoption of the robots across a variety of sector, including those of the automotive, electrical and electronics, mechanical, chemical, food and beverage and pharmaceuticals. One of the essential part of robots is double acting pneumatic cylinder, which uses pneumatic cylinder as its primary source of motion power. There is a high demand for robots in industry due to a number of factors, including improved efficiency, a decrease in in human error rates, the need for clean, germ free production area, effective progress management, appropriate raw material usage that reduces the waste, and a reduction in production time that results in an increase in production levels.
The global Pneumatic Cylinder Market was valued at US$ 1,227.75 Mn in 2021 and is expected to reach US$ 1,933.2 Mn by 2030, growing at a CAGR of 5.3% between 2022 and 2030.
Leading Companies in the Pneumatic Cylinder Industry:
1.
SMC Corporation
SMC Corporation was established in 1959 manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. It is headquartered in Tokyo, Japan and is operational in more than 83 countries.
2.
Festo SE & Co. KG
Founded in 1925 Festo is a leading manufacturer of pneumatic and electromechanical systems, components, and controls for process and industrial automation. It has headquarters situated in Baden-Württemberg Germany and operational in more than 61 countries. In January, 2023 Festo Introduces an Online 3D CAD Configurator for Actuators and Accessories
3.
Parker Hannifin Corporation
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company was founded in 1917 and is headquartered in Cleveland, Ohio. In September, 2022 Parker Hannifin Corporation, the global leader in motion and control technologies, today announced it has completed its acquisition of Meggitt PLC
