Automotive Pneumatic Actuator Market Forecasts to 2028 – Global Analysis By Type (Hydraulic, Electric, Operational, Pneumatic and Other Types), Motion (Linear and Rotatory), Vehicle Type, Product, Application, End User and By Geography

Automotive Pneumatic Actuator Market Forecasts to 2028 – Global Analysis By Type (Hydraulic, Electric, Operational, Pneumatic and Other Types), Motion (Linear and Rotatory), Vehicle Type, Product, Application, End User and By Geography

According to Stratistics MRC, the Global Automotive Pneumatic Actuator Market is accounted for $2.13 billion in 2022 and is expected to reach $2.78 billion by 2028 growing at a CAGR of 4.5% during the forecast period. Pneumatic actuator is an apparatus that transforms energy, often in the form of compressed air, into mechanical motion. It produces operational energy by effectively using compressed air. It is mostly employed to operate a valve in a system. They use pressured air to provide energy so that a system may continue to work properly. This may be for the flow of water, gas, or loads. They are made up of a number of parts, including as pistons, cylinders, and ports or valves. These elements can cooperate in order to produce linear or rotating mechanical movements.

According to an International Trade Administration's report, most of the world's industrial automation equipment manufacturers are based in the United States.

Market Dynamics:

Driver:

Rising industrial automation

The trend of automation has grown as a result of advancements in robotics, artificial intelligence, and machine learning. In order to automate numerous systems and processes in the automotive, manufacturing, agricultural, culinary, transportation, and medical industries, actuators are essential parts of all actuation systems. Through the projection period, it is expected that a surge in industrial automation would fuel market expansion.

Restraint:

High installation & maintenance costs

Hydraulic actuators are challenging to install as they include fluids. As a result, installing it might be expensive, especially when installing it for a big production line. Additionally, it necessitates routine inspection and upkeep of the support of motors, release valves, fluid reservoirs, pumps, and more. Additionally, obstacles including persistent seal wear, improper assembly or maintenance, and dangers related to steam valves limit market expansion.

Opportunity:

Growing commercial aircraft deliveries

The demand for air travel has grown due to the tremendous economic expansion in emerging nations. Airlines must expand their fleet of aircraft as a result of the increase in air passenger volume. Actuators are employed in many different aspects of an airplane, including the landing gear, the flying controls, the seats, the doors, and more. This demand has caused a rise in commercial aircraft deliveries, which is expected to fuel the market's expansion.

Threat:

Requires complex components

More intricate parts, including the electric motor and ball screw, are used in electric actuators. It takes into account every element required to keep that air pressure in place, which may potentially occupy more space. After size, it is more challenging to modify its motion profile. Additionally, more difficult programming and scaling are needed to establish its initial specifications. The market demand is being hampered by these factors.

Covid-19 Impact

The COVID-19 pandemic disrupted the supply chain systems since many essential goods and commodities are strongly dependent on imports from other countries. Furthermore, businesses were forced to function with a limited staff due to the strict regulations of the governing authorities, which decreased the output rate of the industries. All of these issues therefore damage the market for pneumatic actuators.

The electric segment is expected to be the largest during the forecast period

The electric segment is estimated to have a lucrative growth, due to its decreased noise emission and versatile installation possibilities. Compact and lightweight designs have replaced electric actuators in many applications. The automobile sector now demands it globally due to its comfort qualities. The demand for the segment is also being driven by increasing OEM spending.

The oil & gas segment is expected to have the highest CAGR during the forecast period

The oil & gas segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its significant investments. Actuators provide pipeline personnel with a power supply so they can manipulate valves. The maintenance requirements for pneumatic valve actuators are typically low, and there is little chance of power supply contamination. Demand for this segment is fuelled by its general safety and dependability features.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the rapid industrialization and urbanization. Because of their reputations for competence in the manufacturing industry, nations like Japan and China are concentrating on investing in automation to increase their production and manufacturing capacity. Additionally, China has the capacity to create automobile parts in huge quantities and at a reduced cost, giving it a competitive advantage over other nations.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the presence of well-established automotive industries. Sales of pneumatic actuators in this region were encouraged by increased industrial automation, transportation, and offshore sectors. The dependence on pneumatic actuators is growing as a result of the growing demand to increase production and reduce downtime in industrial facilities.

Key players in the market

Some of the key players profiled in the Automotive Pneumatic Actuator Market include ABB, Eaton Corporation Inc, Continental AG, Moog Inc, Johnson Electric, Robert Bosch GmbH, MISUMI, Mitsubishi Electric Corporation, Hella GmbH & Co. KGaA, Denso Corporation, TAMAGAWA SEIKI Co. Ltd, Nidec Motors & Actuators, Borgwarner Inc, Stoneridge Inc, Hitachi Automotive Systems, EFI Automotive, Mahle GmbH, Rotork PLC, Venture MFG Co and Emerson Electric Co.

Key Developments:

In October 2022, Emerson launched AVENTICS Series Servo Profile Advanced (SPRA) Electric Actuators. Emerson’s actuator line offers three screw technologies, including a precision ball screw, a cost-effective lead screw and a roller screw, the company notes.

In September 2022, Mitsubishi Electric India launched the all new M800V & M80V series Computerized Numerical Controllers (CNCs) with state-of-the-art solutions to revolutionize smart manufacturing in India. The new M800V and M80V features the industry’s first CNC with built-in wireless LAN that allows you to work efficiently without any constraints of time and space.

In June 2022, Schneider Electric and Hitachi Energy announced that they have entered into a collaboration to provide greater customer value and accelerate the energy transition. Both companies expect this collaborative ecosystem to ensure benefits for customers across their operational life cycle, including a more holistic offering, strengthened supply chain and enhanced efficiencies.

Types Covered:
• Hydraulic
• Electric
• Operational
• Pneumatic
• Other Types

Motions Covered:
• Linear
• Rotatory

Vehicle Types Covered:
• Commercial
• Passenger

Products Covered:
• Piezoelectric Actuator
• Power Seat Actuator
• Hood Lift Actuator
• Grille Shutter Actuator
• HVAC Actuator
• Headlamp Actuator
• Cooling Valve Actuator
• EGR Actuator
• Power Window
• Quick Attach
• Turbo Actuator
• Tailgate Actuator
• Telescopic Actuator
• Steering Column Adjustment Actuator
• Sunroof Actuator
• Brake Actuator
• Throttle Actuator
• Fuel Injection Actuators

Applications Covered:
• Engine
• Body & Exterior
• Interior

End Users Covered:
• Aerospace & Defense
• Construction
• Healthcare & Pharmaceuticals
• Chemicals
• Marine
• Food & Beverages
• Mining
• Oil & Gas
• Power Generation
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements