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Integration of Electronics to Create Energy-Efficient Pneumatic Products will Stoke the Global Market Finds Frost & Sullivan - Advancements in miniatures and equipment fitted with sensors to spawn additional revenue streams - Frost.com
Integration of Electronics to Create Energy-Efficient Pneumatic Products will Stoke the Global Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2015/12/08 - Advancements in miniatures and equipment fitted with sensors to spawn additional revenue streams - Frost.com.

   
 
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Since pneumatic systems are not energy-efficient by nature, the integration of pneumatic equipment with electronics will address the need for compact, efficient solutions in the global market. This is especially crucial as the stringent enforcement of environmental regulations spurs the demand for energy-efficient products across industries.

New analysis from Frost & Sullivan, Global Pneumatic Market Factbook, finds that the market earned revenues of $10.51 billion in 2014 and estimates this to reach $13.09 billion in 2019. Emerging regions, especially Brazil, Russia, India, China and South Africa will evolve into key markets for pneumatic products.

“The need for solutions equipped with advanced sensor technologies that help monitor equipment performance will fuel advancements in pneumatic products,” said Frost & Sullivan Manufacturing 4.0 Research Analyst Kiravani Emani. “Focus on miniaturisation will also boost operational excellence and broaden the scope of applications for pneumatic systems.”

The automotive, food processing and packaging industries will account for a bulk of the market’s share, primarily due to the stringent emission and safety regulations governing these sectors. The electronic and semiconductor industry too will contribute significantly to market revenues owing to the increasing automation of manufacturing facilities.

However, regional manufacturers may be unable to fully capitalise on these prospects as low-cost manufacturers continue to make the most of the price sensitivity of customers. Chinese imports, in particular, present a big threat. Furthermore, the shortage of qualified and skilled personnel to develop novel solutions and selling techniques will stall innovation.

“Established vendors are investing in intelligent products that facilitate application connectivity in order to overcome the challenges posed by cheap imports and, in the long term, to profit from the anticipated surge in demand post 2020,” noted Emani. “They are also offering value-added benefits to enhance customer services and widen their footprint in the global pneumatic market.”

Global Pneumatic Market Factbook is part of the Mechanical Power Transmission Growth Partnership Service program. Frost & Sullivan’s related studies include: North American Pneumatic Equipment Market, Global Machine Safety Systems Market, Global Motion Controllers Market and Global Oil-free Compressors Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on “the next big thing" | Register: Gain access to visionary innovation

Global Pneumatic Market Factbook / MB39-17

 
 
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Integration of Electronics to Create Energy-Efficient Pneumatic Products will Stoke the Global Market Finds Frost & Sullivan

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Frost & Sullivan | Global Pneumatic Market
Contact: Julia Nikishkina - Frost.com 
+7(499) 213 0156 julia.nikishkina[.]frost.com
 
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