Global Air Motor Market 2024-2028
The air motor market is forecasted to grow by USD 1.14 bn during 2023-2028, accelerating at a CAGR of 4.06% during the forecast period. The report on the air motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of applications in various tools, rising use of air motors in food and beverages industry for sterile applications, and growing adoption of air motors in industrial machinery.
Technavio's air motor market is segmented as below:
- By Type
- Vane air motor
- Piston air motor
- Gear air motor
- By Application
- Transportation
- Chemical
- Food and beverage
- Healthcare
- Others
- By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing focus on reducing overall air consumption by air motors as one of the prime reasons driving the air motor market growth during the next few years. Also, expansion in automation processes and stringent regulations on the use of explosion-proof equipment in hazardous environments will lead to sizable demand in the market.
The report on the air motor market covers the following areas:
- Air motor market sizing
- Air motor market forecast
- Air motor market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air motor market vendors that include Atlas Copco AB, DEPRAG SCHULZ GMBH u. CO. KG, Desoutter Industrial Tools, Eimco Elecon India Ltd., Fiam Utensili Pneumatici S.p.A., GLOBE Benelux BV, IDEX Corp., Ingersoll Rand Inc., James Engineering, MD Compressed Air Technology GmbH and Co. KG, MODEC SAS, Parker Hannifin Corp., PTM mechatronics GmbH, Regal Rexnord Corp., Robert Bosch GmbH, Sommer Technik GmbH, SPX FLOW Inc., Stryker Corp., Thomas C. Wilson LLC, and TONSON Air Motors Manufacturing Corp.. Also, the air motor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.