Pneumatic Rotary Actuators Market Size, Share, Growth, and Industry Analysis, By Type (Single-Cylinder Rotary Actuators, Multi-Cylinders Rotary Actuators, and Others), By Application (Construction, Oil & Gas, Metal & Mining, Agriculture, and Industrial.), and Regional Forecast From 2024 To 2032

Pneumatic Rotary Actuators Market Report Overview

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The global pneumatic rotary actuators market size expanded rapidly in 2023 & the market is expected to generate a substantial revenue by 2032, a robust CAGR during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the pneumatic rotary actuators market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Pneumatic rotary actuators are devices that convert compressed air or gas pressure into rotary motion. They are commonly used in industrial automation systems to control the motion of machines and equipment. The basic design of a pneumatic rotary actuator consists of a piston, a cylinder, and a shaft. When compressed air or gas is introduced into the cylinder, it pushes the piston, which in turn rotates the shaft. The direction of rotation is determined by the direction of the air or gas flow.

They are widely used in manufacturing, packaging, and other industrial applications that require precise control of rotary motion. They offer several advantages over other types of actuators, including simplicity of design, high speed, and low cost.

COVID-19 Impact: Pandemic Decreased the Market Demand due to imposed restrictions on manufacturing industries

The COVID-19 pandemic has had a significant impact on the global economy and the pneumatic rotary actuators market is no exception. The pandemic has caused disruptions in the supply chain, leading to shortages of raw materials, components, and finished products. This has resulted in delays in production, shipment, and delivery of pneumatic rotary actuators, causing uncertainty and instability in the market. Moreover, many industries that heavily rely on them, such as automotive, aerospace, and manufacturing, have been severely impacted by the pandemic. The reduction in demand for these industries has led to a decrease in the production and use of these products. As a result, the market for these products has been negatively affected. In addition, travel restrictions and social distancing measures have hindered sales and marketing efforts, making it difficult for manufacturers and distributors to reach customers and promote their products. This has further exacerbated the challenges faced by the market during the pandemic.

Latest Trends

"Shift towards lightweight and compact actuators is expected to fuel the growth in the market"

The trend towards lightweight and compact pneumatic rotary actuators has been driven by the need for improved efficiency and performance in industrial automation systems. The shift towards lighter and smaller actuators is a response to the need for increased precision and faster cycle times in manufacturing and other industrial applications. Lightweight and compact actuators are designed to reduce the overall weight and size of the system, which can lead to improved energy efficiency and reduced operating costs. In addition, these actuators are often easier to install and require less maintenance, which can result in increased productivity and reduced downtime. One approach to achieving lighter and more compact product is through the use of new materials and manufacturing techniques. For example, some manufacturers are using advanced composite materials or 3D printing to create lightweight and durable actuators. Others are exploring new designs, such as double-acting actuators or actuators with integrated valves, to reduce the overall size and weight of the actuator.

Pneumatic Rotary Actuators Market Segmentation

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• By Type Analysis

According to type, the market can be segmented Single-cylinder Rotary Actuators, Multi-cylinders Rotary Actuators and Others.

• By Application Analysis

Based on application, the market can be divided into Construction, Oil & Gas, Metal & Mining, Agriculture, Industrial.

Driving Factors

"Increasing use of actuators in robotics to foster the market growth"

The increasing use of these actuators in robotics is driven by the need for precision and control in robotic systems. They provide precise and reliable motion control, allowing robots to perform tasks with high accuracy and repeatability. They are used in various types of robots, including industrial robots, collaborative robots, and mobile robots. One area they are increasingly being used in robotics is in pick-and-place applications. These applications involve the use of robots to pick up and place objects in specific locations, requiring precise and repeatable motion control. They can provide the required motion control for these applications, allowing robots to perform these tasks with high accuracy. Another area where they are used in robotics is in assembly and manufacturing applications. These applications require precise and coordinated motion control to perform complex assembly tasks, such as inserting parts, tightening screws, and welding. They can provide the necessary motion control for these applications, enabling robots to perform these tasks with high precision and efficiency.

"Increasing demand for automation to result in the expansion of the market"

The increasing demand for automation is one of the key driving factors in this market. Automation involves the use of machines and systems to perform tasks that were previously performed by humans. This includes tasks such as assembly, packaging, material handling, and quality control, among others. Pneumatic rotary actuators are critical components in automated systems, providing precise and reliable motion control for machines and equipment. One of the main drivers of the increasing demand for automation is the need for improved efficiency and productivity in manufacturing and other industrial processes. Automation can help to reduce production times, increase output, and improve quality, leading to cost savings and increased competitiveness.

Restraining Factors

"High maintenance and repair costs to hamper the market growth"

One of the restraining factors affecting the pneumatic rotary actuators market growth is the high maintenance and repair costs. Pneumatic rotary actuators require regular maintenance and repair to ensure their proper functioning, especially in harsh environments. This can be a significant expense for end-users, particularly those with smaller budgets. The maintenance and repair costs for pneumatic rotary actuators can include expenses such as lubrication, replacement of worn-out parts, and repair or replacement of components such as valves and seals. The frequency of maintenance and repair can vary depending on factors such as the operating conditions, frequency of use, and the quality of the components.

Pneumatic Rotary Actuators Market Regional Insights

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"Asia-Pacific to lead the market owing to the increasing adoption of automation and the growing demand for industrial robots. "

Asia-Pacific region is expected to show the highest growth in the pneumatic rotary actuators market share. The region is home to several emerging economies, such as China and India, which are experiencing significant growth in the manufacturing sector. The increasing adoption of automation and the growing demand for industrial robots in the region are expected to drive the growth of the market. In addition, the region's rapid industrialization, urbanization, and infrastructure development are expected to boost the demand for pneumatic rotary actuators in various industries such as automotive, aerospace, and construction.

Key Industry Players

"Key players are employing advanced technologies in order to stimulate further growth of the market."

All the major players are motivated to offer superior and more advanced services in order to gain a competitive edge in the market. To increase their market presence, vendors are using a variety of techniques, including product launches, regional growth, strategic alliances, partnerships, mergers, and acquisitions.

LIST OF TOP PNEUMATIC ROTARY ACTUATORS COMPANIES

• Parker Hannifin (U.S.)
• PHD Inc. (U.S.)
• Helac Corporation (U.S.)
• Rotork - Bath, England, UK
• Exlar (U.S.)
• Moog (U.S.)
• Flowserve (U.S.)
• Pentair (U.S.)
• Bosch Rexroth (Germany)
• SMC Corporation (Japan)
• Micromatic (U.S.)
• Eckart (Germany)
• HKS Dreh-Antriebe (Germany)
• Rotomation (U.S.)
• Rima Group (Italy)

Report Coverage

This report examines an understanding of the pneumatic rotary actuators market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.