Dublin, March 24, 2021 (GLOBE NEWSWIRE) -- The "Miniature Pneumatics Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type and Application" report has been added to ResearchAndMarkets.com's offering.
According to this report the market was valued at US$ 1,856.0 million in 2019 and is projected to reach US$ 2,725.7 million by 2027; it is expected to grow at a CAGR of 4.9% from 2020 to 2027. The report highlights key factors driving the market growth, and prominent players with their developments in the market.
The performance of pneumatic control systems is based on the equipment and machine's size. Similarly, the pneumadyne manufacturers are designing the miniature pneumatic components that are used to deliver outstanding performance in small packages. The miniature pneumatic valves, solenoids, fittings, and manifolds are designed to be used for light- to medium-duty applications and control the equipment's operation varies from medical and dental equipment to laboratory instrumentation. The miniature pneumatics are compact and lightweight, as well as they are manufactured with high-quality standards. The growing adoption of miniature pneumatics is creating a demand for efficient products and solutions, which is bolstering the growth of the miniature pneumatics market. ASCO, Beswick Engineering, Clippard, Industrial Specialties MFG, Kendrion, and Norgren Limited are among the key market players that were profiled during this market study.
Impact of COVID-19 Pandemic on Miniature Pneumatics Market
The emergence and rapid spread of novel coronavirus has paralyzed numerous countries. The COVID-19 pandemic has shaken several industries. The tremendous growth in the spread of the virus has urged governments worldwide to impose strict restrictions on vehicles and human's movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic is adversely affecting economies and countless industries in various countries. The lockdown imposition has resulted in lesser production of commodities, goods, and services. Manufacturing, automotive, semiconductor & electronics, oil & gas, mining, aviation, and other industries are witnessing a decline in their operations due to the temporary shutdown of activities. The miniature pneumatics market players are also experiencing a slowdown in the volumes because the manufacturing facilities are operating with a limited workforce, which is hindering the market. Additionally, temporary closure of various factories has resulted in reduced procurement of systems among industries during the first quarter of 2020. The COVID-19 outbreak might have its impact in the first six months of 2021 as well.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global miniature pneumatics market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global miniature pneumatics market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Miniature Pneumatics Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East and Africa - PEST Analysis
4.2.5 South America - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Miniature Pneumatics Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Several Benefits Offered by Miniature Pneumatics
5.1.2 Growing Demand from End Use Industries
5.2 Market Restraints
5.2.1 Safety and Maintenance Cost
5.3 Market Opportunities
5.3.1 Increasing Adoption of Miniature Pneumatics in Healthcare
5.4 Future Trends
5.4.1 Surge in Animatronics and Robotics
5.5 Impact Analysis of Drivers and Restraints
6. Miniature Pneumatics Market - Global Analysis
6.1 Global Miniature Pneumatics Market Overview
6.2 Miniature Pneumatics Market - Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning -Key Players
7. Miniature Pneumatics Market Analysis - By Type
7.1 Overview
7.2 Global Miniature Pneumatics Market Breakdown, By Type, 2019 & 2027 (%)
7.3 Valves
7.3.1 Overview
7.3.2 Valves Market Forecast and Analysis
7.4 Cylinder
7.4.1 Overview
7.4.2 Cylinder Market Forecast and Analysis
7.5 Manifolds and Tubing
7.5.1 Overview
7.5.2 Manifolds and Tubing Market Forecast and Analysis
7.6 Specialized Components
7.6.1 Overview
7.6.2 Specialized Components Market Forecast and Analysis
7.7 Others
7.7.1 Overview
7.7.2 Other Market Forecast and Analysis
8. Miniature Pneumatics Market Analysis - By Application
8.1 Overview
8.2 Global Miniature Pneumatics Market Breakdown, By Application, 2019 & 2027 (%)
8.3 Semiconductor
8.3.1 Overview
8.3.2 Semiconductor Market Forecast and Analysis
8.4 HVAC System
8.4.1 Overview
8.4.2 HVAC System Market Forecast and Analysis
8.5 Aerospace
8.5.1 Overview
8.5.2 Aerospace Market Forecast and Analysis
8.6 Medical Instruments
8.6.1 Overview
8.6.2 Medical Instruments Market Forecast and Analysis
8.7 Testing/Analytics Equipment
8.7.1 Overview
8.7.2 Testing/Analytics Equipment Market Forecast and Analysis
8.8 Automotive
8.8.1 Overview
8.8.2 Automotive Market Forecast and Analysis
8.9 Others
8.9.1 Overview
8.9.2 Others Market Forecast and Analysis
9. Miniature Pneumatics Market -Geographic Analysis
9.1 Overview
9.2 North America: Miniature Pneumatics Market
9.3 Europe: Miniature Pneumatics Market
9.4 APAC: Miniature Pneumatics Market
9.5 MEA: Miniature Pneumatics Market
9.6 SAM: Miniature Pneumatics Market
10. Miniature Pneumatics Market- COVID-19 Impact Analysis
10.1 Impact of COVID-19 Pandemic on Global Miniature Pneumatics Market
10.1.1 North America: Impact Assessment of COVID-19 Pandemic
10.1.2 Europe: Impact Assessment of COVID-19 Pandemic
10.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.1.5 South America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Emerson Electric Co. (ASCO)
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Beswick Engineering Co., Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Clippard Instrument Laboratory, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Industrial Specialties Mfg. (ISM)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Kendrion N.V.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 NORGREN LIMITED
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 MCMASTER-CARR
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Parker Hannifin Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Pneumadyne
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 ROSS CONTROLS.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index
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