Global Pneumatic Components Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type ;

AIR TREATMENT COMPONENTS, PNEUMATIC VALVES and PNEUMATIC CYLINDERS.

By Application ;

ELECTRONICS, CHEMICAL INDUSTRY and MACHINERY.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn685846732 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Pneumatic Components Market (USD Million), 2021 - 2031

In the year 2024, the Global Pneumatic Components Market was valued at USD 19,957.69 million. The size of this market is expected to increase to USD 31,630.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.

The global pneumatic components market encompasses a wide range of devices used to control and regulate air pressure within various industrial and commercial applications. Pneumatic components, such as actuators, valves, compressors, and filters, play a crucial role in automation systems, manufacturing processes, and maintenance operations. Their popularity is driven by the reliability, efficiency, and cost-effectiveness of pneumatic systems compared to other types of automation technology.

Recent advancements in pneumatic technology, such as the integration of smart sensors and IoT capabilities, are transforming the market landscape. These innovations enhance system performance, improve energy efficiency, and facilitate real-time monitoring and diagnostics. As industries seek to optimize operations and reduce downtime, the demand for advanced pneumatic solutions continues to grow, particularly in sectors such as automotive, aerospace, and pharmaceuticals.

Geographically, the market exhibits significant growth across both developed and emerging regions. North America and Europe remain major players due to their well-established industrial bases and continuous investment in technology upgrades. Meanwhile, Asia-Pacific is experiencing rapid expansion, driven by industrialization, urbanization, and increasing adoption of automation in manufacturing processes. The dynamic nature of the market reflects ongoing shifts in global economic and industrial trends, making it a key area of interest for businesses and investors alike.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Overhead Power Cables Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Industrial Automation
        2. Increasing Demand for Energy Efficiency
        3. Expansion of Manufacturing Sector
      2. Restraints
        1. High Initial Costs
        2. Maintenance Challenges
        3. Availability of Alternative Technologies
      3. Opportunities
        1. Technological Advancements
        2. Emerging Markets Growth
        3. Expansion in Renewable Energy Sector
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Overhead Power Cables Market, By Product Type , 2021 - 2031 (USD Million)
      1. AIR TREATMENT COMPONENTS
      2. PNEUMATIC VALVES
      3. PNEUMATIC CYLINDERS
    2. Global Overhead Power Cables Market, By Application , 2021 - 2031 (USD Million)
      1. ELECTRONICS
      2. CHEMICAL INDUSTRY
      3. MACHINERY
    3. Global Overhead Power Cables Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. SMC Corporation
      2. Festo AG & Co. KG
      3. Parker Hannifin Corporation
      4. Aventics (now part of Emerson)
      5. Norgren (IMI plc)
      6. Bosch Rexroth AG
      7. Bürkert Fluid Control Systems
      8. Hyde Group
      9. Camozzi Automation
      10. AirTAC International Group
  7. Analyst Views
  8. Future Outlook of the Market