Global Piston Rod Cylinder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Piston Rod Cylinder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Piston rod cylinders are pneumatic cylinders that is an important means of actuation in pneumatics. The cylinder transfers the energy that is stored in the compressed air into movement. A piston rod cylinder always has a piston rod with a drive piston, the movement of which is controlled by compressed air. The energy applied to the piston is then transferred by the piston rod to the parts to be moved. Cylinders with piston rod are available as double-acting and single-acting piston rod cylinders.

Market Overview:

The latest research study on the global Piston Rod Cylinder market finds that the global Piston Rod Cylinder market reached a value of USD 1202.44 million in 2022. It’s expected that the market will achieve USD 1519.71 million by 2028, exhibiting a CAGR of 3.98% during the forecast period.

COVID-19's influence on the industrial chain

COVID-19 swept the world at the beginning of 2020, which had a great impact on the global economy. The blockade policy of the national government led to the suspension of people's lives and production activities of enterprises, and the soaring unemployment rate. Despite nearly three years of anti-epidemic actions, the number of infected people in the world is still high, and COVID-19 threatens the lives of people all over the world.

For Piston Rod Cylinder enterprises, there is no doubt that the industrial chain is affected. With the soaring energy prices, rising interest rates and the strict blockade of COVID-19, the global industrial activities have been hindered. The suspension of production activities in the downstream market leads to the decrease of demand for piston rod cylinder, while the workers can't go to work normally, the rising labor cost and the obstruction of raw material supply have all become the pressures that piston rod cylinder enterprises need to face.

The changing trend of industry profit level

In the downstream application field of piston rod and cylinder, with the rapid development of vehicle market, vehicle manufacturers have been greatly improved in research and development, production, innovation, service, etc., and the overall business ability and profitability of the industry have been improved, especially the gross profit margin of engine and accessories industry is relatively higher than that of ordinary machinery manufacturing industry.

The requirements for engine technology upgrading and environmental protection standards are getting higher and higher, and the corresponding technical requirements for piston rod and cylinder are also getting higher and higher, which promotes the development of piston rod and cylinder industry to specialization, technicalization and scale, improves industry concentration, accelerates technological innovation, avoids the industry falling into low-end and homogeneous competition, and is conducive to the sustainable development of cylinder block industry. At the same time, with the increase of the concentration of piston rod and cylinder industry, major enterprises improve their bargaining power and cost control ability through scale, and keep the profit level of the industry at a high level in the machinery manufacturing industry.

The development of downstream industry drives the demand of piston rod cylinder.

The rapid economic development and the improvement of residents' living standards have promoted the rapid growth of automobile consumers. At the same time, countries have continuously encouraged and supported the development of automobile industry in recent years, and the growth of automobile demand tends to be stable. Therefore, the demand for piston rod and cylinder in downstream industries also keeps a steady growth. The piston rod industry has a certain periodicity with the cyclical fluctuations of the downstream engine industry, the whole vehicle industry and the national economy, but the increase of the social ownership of automobiles will gradually dilute the periodicity of piston rod cylinder demand.

Region Overview:

In 2022, the share of the Piston Rod Cylinder market in Europe stood at 27.97%.

Company Overview:

SMC Corporation is one of the major players operating in the Piston Rod Cylinder market, holding a share of 27.28% in 2022.

SMC Corporation

SMC is a manufacturer of pneumatic components. The company was founded in 1959 and is headquartered in Tokyo, Japan. At first, SMC was a company mainly engaged in manufacturing filter elements of sintered metal industrial filter by powder metallurgy. After decades of continuous efforts and innovation, SMC's product types gradually enriched.

Airtac

Headquartered in Taipei, Airtac, founded in Taiwan Province in 1988, is a professional manufacturer of pneumatic equipment suppliers. It mainly produces pneumatic execution, control, processing components and various auxiliary components, etc. The products are widely used in automotive, machinery manufacturing, metallurgy, electronic technology, environmental protection, light textile, ceramics, medical devices, food packaging and other automation industries.

Segmentation Overview:

By type, Double-Acting Cylinders segment accounted for the largest share of market in 2022.

Single-Acting Cylinders

A single-acting cylinder in a reciprocating engine is a cylinder in which the air acts on one side of the piston only. A single-acting cylinder relies on the load, springs, other cylinders, or the momentum of a flywheel, to push the piston back in the other direction.

Double-Acting Cylinders

A double acting cylinder alternates cycles of pressurized air to both sides of the piston and creates extend and retract forces to move the piston rod, permitting more control over the movement.

Application Overview:

The market's largest segment by application is the segment Industrial, with a market share of 55.51% in 2022.

Key Companies in the global Piston Rod Cylinder market covered in Chapter 3:

Univer Group
Norelem
E.MC
Aignep
Airtac
CKD Corporation
Festo
Ashun Fluid Power
KONAN ELECTRIC CO.,LTD.
Parker Hannifin
Norgren
Sheffer Corporation
Ingersoll Rand
Metal Work
Emerson Electric
Camozzi Group
SMC Corporation
Bansbach

In Chapter 4 and Chapter 14.2, on the basis of types, the Piston Rod Cylinder market from 2018 to 2029 is primarily split into:

Single-Acting Cylinders
Double-Acting Cylinders

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Piston Rod Cylinder market from 2018 to 2029 covers:

Industrial
Automotive
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)