Smart Pneumatics Market
PUBLISHED: 2023 ID: SMRC22981
SHARE
SHARE

Smart Pneumatics Market

Smart Pneumatics Market Forecasts to 2028 - Global Analysis By Type (Smart Pneumatic Valve, Smart Pneumatic Actuator, Smart Pneumatic Module and Other Types), Component Type (Hardware, Software and services, Cylinders, Fittings and Sensor), End Users (Automotive, Semiconductor, Food & Beverage and Energy & Power) and By Geography

4.1 (17 reviews)
4.1 (17 reviews)
Published: 2023 ID: SMRC22981

This report covers the impact of COVID-19 on this global market
Loading...

Years Covered

2020-2028

Estimated Year Value (2022)

US $4.43 BN

Projected Year Value (2028)

US $7.72 BN

CAGR (2022 - 2028)

9.7%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

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

Largest Market

Asia Pacific

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Smart Pneumatics Market is accounted for $4.43 billion in 2022 and is expected to reach $7.72 billion by 2028 growing at a CAGR of 9.7% during the forecast period. Engineering that uses gas or pressurized air is called pneumatics. Compressed air or compressed inert gases are frequently used to power pneumatic systems in industry. Smart pneumatic actuators use sensors and other electronics to give controllers operational feedback such as speed, force, end-of-travel, stroke length, and cycle time. The gathered information enables condition monitoring to assess whether an actuator is operating as intended.

According to vXchnge Holdings Inc., over 80% of manufacturing organizations are using or planning to use IoT devices to improve energy efficiency and production uptime. Thus, the adoption of smart pneumatics systems is likely to increase since it can help to meet this demand by providing reliable and efficient automation solutions.



Market Dynamics:

Driver:

Predictive maintenance is becoming more popular

The market is being driven by an increase in awareness of predictive maintenance as a result of the development of Industry 4.0 and sophisticated smarter technologies. Predictive maintenance can save up to 12 percent over scheduled repairs, cut maintenance costs overall by up to 30 percent, and prevent up to 70 percent of breakdowns, according to Accenture. For fluid power systems, this entails a completely new level of condition and remote monitoring, to the point where maintenance staff can ascertain whether or not some obstacles have arisen.

Restraint:

Lack of a standard ethernet platform

Since these devices can be easily integrated into wireless systems across the IoT industry via these gateways, the lack of a common platform for Ethernet, Zigbee, and Profibus is preventing the market from expanding. In addition, the market for smart pneumatics faces difficulties expanding because of a lack of integration in the industrial and manufacturing sectors.

Opportunity:

IoT and digitization adoption

Digitalization and IoT adoption are propelling the market. Over 80% of industrial manufacturing companies use or plan to use IoT devices for increased production uptime and improved energy efficiency, according to vXchnge Holdings Inc. In the upcoming years, this will increase the demand for smart pneumatics. To make it convenient and simple for users of pneumatic systems to see the potential advantages of integrating IIoT, Emerson recently released a new tool in May 2019. The new AVENTICS Smart Pneumatics Analyzer can be connected to an existing machine's pressurized air supply to provide users with instantaneous analysis options for important machine characteristics like compressed air consumption and potential leaks.

Threat:

High component prices

The high cost of components is one of the biggest problems the pneumatic market has to deal with. When compared to other comparable products on the market, the price of pneumatic components is quite high. Because of this, it is challenging for the manufacturers to set competitive prices for their goods.

Covid-19 Impact:

The COVID-19 epidemic has resulted in the closure of a large number of construction sites, power plants, chemical storage facilities, technology advancement companies, and other businesses. It is anticipated that this will continue throughout the forecast period, which has recently seen a slowdown in demand for the smart pneumatics market. Smart pneumatics market size and sales have already been impacted by COVID-19. All year long, it's anticipated to negatively impact market growth. Prior to the spread of the coronavirus, the largest markets for manufacturing, including the United States, Germany, Italy, the United Kingdom, and China, had the highest demand for smart pneumatics. As a result, these markets' smart pneumatics market share and demand have declined.

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

The automotive sector held the largest market share for smart pneumatics. The number of automobiles produced each day across the globe is significantly increasing. To reduce production cycle times and boost output, the equipment on the production floor needs to be properly maintained. In order to ensure effective manufacturing processes, intelligent pneumatic systems are essential. IIoT systems are being used by automakers to improve energy efficiency and track the health of their assets. As a result, the automotive industry is seeing huge potential for smart pneumatics.

The software and services segment is expected to have the highest CAGR during the forecast period

The software and services segment is anticipated to grow at the fastest rate during the forecast period. A smart pneumatic system cannot function without software, which collects, processes, and analyzes the raw data extracted by hardware components. There are numerous software options on the market that utilize various technologies but primarily offer some basic features like data integration, diagnostic reporting, order tracking analysis, and parameter calculation. Manufacturers are concentrating on providing monitoring services, including data extraction and analysis.

Region with highest share:

The market for smart pneumatics was dominated by APAC. Smart pneumatics are in great demand in the area as a result of the expanding use of smart manufacturing, or Industry 4.0, across many industries. APAC is seeing a rise in demand for smart pneumatic systems due to factors like a growing emphasis on optimal asset utilization, strict government regulations for personal and workplace safety, and strict quality control in the automotive, semiconductor, chemicals, and food and beverage industries.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period. The Asia-Pacific region's growing population, rising industrialization, and quickening urbanization, particularly in developing nations like China and India, will cause an increase in demand for agricultural goods, food, and chemicals, the production of which uses pneumatic machinery. This is the only region in recent years to record an increase in oil and gas capacity, and four new refineries were added there, increasing global crude oil production by about 750,000 barrels per day.



Key players in the market

Some of the key players in Smart Pneumatics market include Aventics GmbH , Bimba Manufacturing Company, Bosch Rexroth AG, Cypress EnviroSystems Corp , Eaton, Emerson Electric Co. , Festo Corporation , Ingersoll-Rand plc, Metso Corporation, Ningbo Smart Pneumatic Co. Ltd , Parker Hannifin Corporation , Rotex Automation Limited , Rotork PLC and Thomson Industries Inc.

Key Developments:

In July 2018, Emerson Electric acquired Aventics GmbH (Germany) a global leader in smart pneumatics technologies that power machines and factory automation applications.

In February 2018, Bimba Manufacturing was acquired by Norgren Ltd.’s IMI Precision Engineering business unit (US). This created a significant opportunity to enhance IMI Precision Engineering’s position in the US Industrial Automation market and grow the Bimba brand internationally.

In December 2017, Thomson Industries launched smart actuators with integrated electronics, such as sensors and communications technologies, to meet the demand for improved connectivity, application flexibility, and cost efficiency as well as to build smart machines for factory automation applications.

Types Covered:
• Smart Pneumatic Valve
• Smart Pneumatic Actuator
• Smart Pneumatic Module
• Other Types

Component Types Covered:
• Hardware
• Software And Services
• Cylinders
• Fittings
• Sensor
• Communication Equipment
• Data Integration Software
• Diagnostic Reporting
• Parameter Calculation
• Other Component Types

End Users Covered:
• Automotive
• Semiconductor
• Food & Beverage
• Energy & Power
• Water & Wastewater
• Construction
• Oil & Gas
• Other End Users

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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
 

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Smart Pneumatics Market, By Type
5.1 Introduction
5.2 Smart Pneumatic Valve
5.3 Smart Pneumatic Actuator
5.4 Smart Pneumatic Module
5.5 Other Types

6 Global Smart Pneumatics Market, By Component Type
6.1 Introduction
6.2 Hardware
6.3 Software And Services
6.4 Cylinders
6.5 Fittings
6.6 Sensor
6.7 Communication Equipment
6.8 Data Integration Software
6.9 Diagnostic Reporting
6.10 Parameter Calculation
6.11 Other Component Types

7 Global Smart Pneumatics Market, By End Users
7.1 Introduction
7.2 Automotive
7.3 Semiconductor
7.4 Food & Beverage
7.5 Energy & Power
7.6 Water & Wastewater
7.7 Construction
7.8 Oil & Gas
7.9 Other End Users

8 Global Smart Pneumatics Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa

9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling
10.1 Aventics GmbH
10.2 Bimba Manufacturing Company
10.3 Bosch Rexroth AG
10.4 Cypress EnviroSystems Corp
10.5 Eaton
10.6 Emerson Electric Co.
10.7 Festo Corporation
10.8 Ingersoll-Rand plc,
10.9 Metso Corporation
10.10 Ningbo Smart Pneumatic Co. Ltd
10.11 Parker Hannifin Corporation
10.12 Rotex Automation Limited
10.13 Rotork PLC
10.14 Thomson Industries Inc.

List of Tables
1 Global Smart Pneumatics Market Outlook, By Region (2020-2028) ($MN)
2 Global Smart Pneumatics Market Outlook, By Type (2020-2028) ($MN)
3 Global Smart Pneumatics Market Outlook, By Smart Pneumatic Valve (2020-2028) ($MN)
4 Global Smart Pneumatics Market Outlook, By Smart Pneumatic Actuator (2020-2028) ($MN)
5 Global Smart Pneumatics Market Outlook, By Smart Pneumatic Module (2020-2028) ($MN)
6 Global Smart Pneumatics Market Outlook, By Other Types (2020-2028) ($MN)
7 Global Smart Pneumatics Market Outlook, By Component Type (2020-2028) ($MN)
8 Global Smart Pneumatics Market Outlook, By Hardware (2020-2028) ($MN)
9 Global Smart Pneumatics Market Outlook, By Software And Services (2020-2028) ($MN)
10 Global Smart Pneumatics Market Outlook, By Cylinders (2020-2028) ($MN)
11 Global Smart Pneumatics Market Outlook, By Fittings (2020-2028) ($MN)
12 Global Smart Pneumatics Market Outlook, By Sensor (2020-2028) ($MN)
13 Global Smart Pneumatics Market Outlook, By Communication Equipment (2020-2028) ($MN)
14 Global Smart Pneumatics Market Outlook, By Data Integration Software (2020-2028) ($MN)
15 Global Smart Pneumatics Market Outlook, By Diagnostic Reporting (2020-2028) ($MN)
16 Global Smart Pneumatics Market Outlook, By Parameter Calculation (2020-2028) ($MN)
17 Global Smart Pneumatics Market Outlook, By Other Component Types (2020-2028) ($MN)
18 Global Smart Pneumatics Market Outlook, By End Users (2020-2028) ($MN)
19 Global Smart Pneumatics Market Outlook, By Automotive (2020-2028) ($MN)
20 Global Smart Pneumatics Market Outlook, By Semiconductor (2020-2028) ($MN)
21 Global Smart Pneumatics Market Outlook, By Food & Beverage (2020-2028) ($MN)
22 Global Smart Pneumatics Market Outlook, By Energy & Power (2020-2028) ($MN)
23 Global Smart Pneumatics Market Outlook, By Water & Wastewater (2020-2028) ($MN)
24 Global Smart Pneumatics Market Outlook, By Construction (2020-2028) ($MN)
25 Global Smart Pneumatics Market Outlook, By Oil & Gas (2020-2028) ($MN)
26 Global Smart Pneumatics Market Outlook, By Other End Users (2020-2028) ($MN)
27 North America Smart Pneumatics Market Outlook, By Country (2020-2028) ($MN)
28 North America Smart Pneumatics Market Outlook, By Type (2020-2028) ($MN)
29 North America Smart Pneumatics Market Outlook, By Smart Pneumatic Valve (2020-2028) ($MN)
30 North America Smart Pneumatics Market Outlook, By Smart Pneumatic Actuator (2020-2028) ($MN)
31 North America Smart Pneumatics Market Outlook, By Smart Pneumatic Module (2020-2028) ($MN)
32 North America Smart Pneumatics Market Outlook, By Other Types (2020-2028) ($MN)
33 North America Smart Pneumatics Market Outlook, By Component Type (2020-2028) ($MN)
34 North America Smart Pneumatics Market Outlook, By Hardware (2020-2028) ($MN)
35 North America Smart Pneumatics Market Outlook, By Software And Services (2020-2028) ($MN)
36 North America Smart Pneumatics Market Outlook, By Cylinders (2020-2028) ($MN)
37 North America Smart Pneumatics Market Outlook, By Fittings (2020-2028) ($MN)
38 North America Smart Pneumatics Market Outlook, By Sensor (2020-2028) ($MN)
39 North America Smart Pneumatics Market Outlook, By Communication Equipment (2020-2028) ($MN)
40 North America Smart Pneumatics Market Outlook, By Data Integration Software (2020-2028) ($MN)
41 North America Smart Pneumatics Market Outlook, By Diagnostic Reporting (2020-2028) ($MN)
42 North America Smart Pneumatics Market Outlook, By Parameter Calculation (2020-2028) ($MN)
43 North America Smart Pneumatics Market Outlook, By Other Component Types (2020-2028) ($MN)
44 North America Smart Pneumatics Market Outlook, By End Users (2020-2028) ($MN)
45 North America Smart Pneumatics Market Outlook, By Automotive (2020-2028) ($MN)
46 North America Smart Pneumatics Market Outlook, By Semiconductor (2020-2028) ($MN)
47 North America Smart Pneumatics Market Outlook, By Food & Beverage (2020-2028) ($MN)
48 North America Smart Pneumatics Market Outlook, By Energy & Power (2020-2028) ($MN)
49 North America Smart Pneumatics Market Outlook, By Water & Wastewater (2020-2028) ($MN)
50 North America Smart Pneumatics Market Outlook, By Construction (2020-2028) ($MN)
51 North America Smart Pneumatics Market Outlook, By Oil & Gas (2020-2028) ($MN)
52 North America Smart Pneumatics Market Outlook, By Other End Users (2020-2028) ($MN)
53 Europe Smart Pneumatics Market Outlook, By Country (2020-2028) ($MN)
54 Europe Smart Pneumatics Market Outlook, By Type (2020-2028) ($MN)
55 Europe Smart Pneumatics Market Outlook, By Smart Pneumatic Valve (2020-2028) ($MN)
56 Europe Smart Pneumatics Market Outlook, By Smart Pneumatic Actuator (2020-2028) ($MN)
57 Europe Smart Pneumatics Market Outlook, By Smart Pneumatic Module (2020-2028) ($MN)
58 Europe Smart Pneumatics Market Outlook, By Other Types (2020-2028) ($MN)
59 Europe Smart Pneumatics Market Outlook, By Component Type (2020-2028) ($MN)
60 Europe Smart Pneumatics Market Outlook, By Hardware (2020-2028) ($MN)
61 Europe Smart Pneumatics Market Outlook, By Software And Services (2020-2028) ($MN)
62 Europe Smart Pneumatics Market Outlook, By Cylinders (2020-2028) ($MN)
63 Europe Smart Pneumatics Market Outlook, By Fittings (2020-2028) ($MN)
64 Europe Smart Pneumatics Market Outlook, By Sensor (2020-2028) ($MN)
65 Europe Smart Pneumatics Market Outlook, By Communication Equipment (2020-2028) ($MN)
66 Europe Smart Pneumatics Market Outlook, By Data Integration Software (2020-2028) ($MN)
67 Europe Smart Pneumatics Market Outlook, By Diagnostic Reporting (2020-2028) ($MN)
68 Europe Smart Pneumatics Market Outlook, By Parameter Calculation (2020-2028) ($MN)
69 Europe Smart Pneumatics Market Outlook, By Other Component Types (2020-2028) ($MN)
70 Europe Smart Pneumatics Market Outlook, By End Users (2020-2028) ($MN)
71 Europe Smart Pneumatics Market Outlook, By Automotive (2020-2028) ($MN)
72 Europe Smart Pneumatics Market Outlook, By Semiconductor (2020-2028) ($MN)
73 Europe Smart Pneumatics Market Outlook, By Food & Beverage (2020-2028) ($MN)
74 Europe Smart Pneumatics Market Outlook, By Energy & Power (2020-2028) ($MN)
75 Europe Smart Pneumatics Market Outlook, By Water & Wastewater (2020-2028) ($MN)
76 Europe Smart Pneumatics Market Outlook, By Construction (2020-2028) ($MN)
77 Europe Smart Pneumatics Market Outlook, By Oil & Gas (2020-2028) ($MN)
78 Europe Smart Pneumatics Market Outlook, By Other End Users (2020-2028) ($MN)
79 Asia Pacific Smart Pneumatics Market Outlook, By Country (2020-2028) ($MN)
80 Asia Pacific Smart Pneumatics Market Outlook, By Type (2020-2028) ($MN)
81 Asia Pacific Smart Pneumatics Market Outlook, By Smart Pneumatic Valve (2020-2028) ($MN)
82 Asia Pacific Smart Pneumatics Market Outlook, By Smart Pneumatic Actuator (2020-2028) ($MN)
83 Asia Pacific Smart Pneumatics Market Outlook, By Smart Pneumatic Module (2020-2028) ($MN)
84 Asia Pacific Smart Pneumatics Market Outlook, By Other Types (2020-2028) ($MN)
85 Asia Pacific Smart Pneumatics Market Outlook, By Component Type (2020-2028) ($MN)
86 Asia Pacific Smart Pneumatics Market Outlook, By Hardware (2020-2028) ($MN)
87 Asia Pacific Smart Pneumatics Market Outlook, By Software And Services (2020-2028) ($MN)
88 Asia Pacific Smart Pneumatics Market Outlook, By Cylinders (2020-2028) ($MN)
89 Asia Pacific Smart Pneumatics Market Outlook, By Fittings (2020-2028) ($MN)
90 Asia Pacific Smart Pneumatics Market Outlook, By Sensor (2020-2028) ($MN)
91 Asia Pacific Smart Pneumatics Market Outlook, By Communication Equipment (2020-2028) ($MN)
92 Asia Pacific Smart Pneumatics Market Outlook, By Data Integration Software (2020-2028) ($MN)
93 Asia Pacific Smart Pneumatics Market Outlook, By Diagnostic Reporting (2020-2028) ($MN)
94 Asia Pacific Smart Pneumatics Market Outlook, By Parameter Calculation (2020-2028) ($MN)
95 Asia Pacific Smart Pneumatics Market Outlook, By Other Component Types (2020-2028) ($MN)
96 Asia Pacific Smart Pneumatics Market Outlook, By End Users (2020-2028) ($MN)
97 Asia Pacific Smart Pneumatics Market Outlook, By Automotive (2020-2028) ($MN)
98 Asia Pacific Smart Pneumatics Market Outlook, By Semiconductor (2020-2028) ($MN)
99 Asia Pacific Smart Pneumatics Market Outlook, By Food & Beverage (2020-2028) ($MN)
100 Asia Pacific Smart Pneumatics Market Outlook, By Energy & Power (2020-2028) ($MN)
101 Asia Pacific Smart Pneumatics Market Outlook, By Water & Wastewater (2020-2028) ($MN)
102 Asia Pacific Smart Pneumatics Market Outlook, By Construction (2020-2028) ($MN)
103 Asia Pacific Smart Pneumatics Market Outlook, By Oil & Gas (2020-2028) ($MN)
104 Asia Pacific Smart Pneumatics Market Outlook, By Other End Users (2020-2028) ($MN)
105 South America Smart Pneumatics Market Outlook, By Country (2020-2028) ($MN)
106 South America Smart Pneumatics Market Outlook, By Type (2020-2028) ($MN)
107 South America Smart Pneumatics Market Outlook, By Smart Pneumatic Valve (2020-2028) ($MN)
108 South America Smart Pneumatics Market Outlook, By Smart Pneumatic Actuator (2020-2028) ($MN)
109 South America Smart Pneumatics Market Outlook, By Smart Pneumatic Module (2020-2028) ($MN)
110 South America Smart Pneumatics Market Outlook, By Other Types (2020-2028) ($MN)
111 South America Smart Pneumatics Market Outlook, By Component Type (2020-2028) ($MN)
112 South America Smart Pneumatics Market Outlook, By Hardware (2020-2028) ($MN)
113 South America Smart Pneumatics Market Outlook, By Software And Services (2020-2028) ($MN)
114 South America Smart Pneumatics Market Outlook, By Cylinders (2020-2028) ($MN)
115 South America Smart Pneumatics Market Outlook, By Fittings (2020-2028) ($MN)
116 South America Smart Pneumatics Market Outlook, By Sensor (2020-2028) ($MN)
117 South America Smart Pneumatics Market Outlook, By Communication Equipment (2020-2028) ($MN)
118 South America Smart Pneumatics Market Outlook, By Data Integration Software (2020-2028) ($MN)
119 South America Smart Pneumatics Market Outlook, By Diagnostic Reporting (2020-2028) ($MN)
120 South America Smart Pneumatics Market Outlook, By Parameter Calculation (2020-2028) ($MN)
121 South America Smart Pneumatics Market Outlook, By Other Component Types (2020-2028) ($MN)
122 South America Smart Pneumatics Market Outlook, By End Users (2020-2028) ($MN)
123 South America Smart Pneumatics Market Outlook, By Automotive (2020-2028) ($MN)
124 South America Smart Pneumatics Market Outlook, By Semiconductor (2020-2028) ($MN)
125 South America Smart Pneumatics Market Outlook, By Food & Beverage (2020-2028) ($MN)
126 South America Smart Pneumatics Market Outlook, By Energy & Power (2020-2028) ($MN)
127 South America Smart Pneumatics Market Outlook, By Water & Wastewater (2020-2028) ($MN)
128 South America Smart Pneumatics Market Outlook, By Construction (2020-2028) ($MN)
129 South America Smart Pneumatics Market Outlook, By Oil & Gas (2020-2028) ($MN)
130 South America Smart Pneumatics Market Outlook, By Other End Users (2020-2028) ($MN)
131 Middle East & Africa Smart Pneumatics Market Outlook, By Country (2020-2028) ($MN)
132 Middle East & Africa Smart Pneumatics Market Outlook, By Type (2020-2028) ($MN)
133 Middle East & Africa Smart Pneumatics Market Outlook, By Smart Pneumatic Valve (2020-2028) ($MN)
134 Middle East & Africa Smart Pneumatics Market Outlook, By Smart Pneumatic Actuator (2020-2028) ($MN)
135 Middle East & Africa Smart Pneumatics Market Outlook, By Smart Pneumatic Module (2020-2028) ($MN)
136 Middle East & Africa Smart Pneumatics Market Outlook, By Other Types (2020-2028) ($MN)
137 Middle East & Africa Smart Pneumatics Market Outlook, By Component Type (2020-2028) ($MN)
138 Middle East & Africa Smart Pneumatics Market Outlook, By Hardware (2020-2028) ($MN)
139 Middle East & Africa Smart Pneumatics Market Outlook, By Software And Services (2020-2028) ($MN)
140 Middle East & Africa Smart Pneumatics Market Outlook, By Cylinders (2020-2028) ($MN)
141 Middle East & Africa Smart Pneumatics Market Outlook, By Fittings (2020-2028) ($MN)
142 Middle East & Africa Smart Pneumatics Market Outlook, By Sensor (2020-2028) ($MN)
143 Middle East & Africa Smart Pneumatics Market Outlook, By Communication Equipment (2020-2028) ($MN)
144 Middle East & Africa Smart Pneumatics Market Outlook, By Data Integration Software (2020-2028) ($MN)
145 Middle East & Africa Smart Pneumatics Market Outlook, By Diagnostic Reporting (2020-2028) ($MN)
146 Middle East & Africa Smart Pneumatics Market Outlook, By Parameter Calculation (2020-2028) ($MN)
147 Middle East & Africa Smart Pneumatics Market Outlook, By Other Component Types (2020-2028) ($MN)
148 Middle East & Africa Smart Pneumatics Market Outlook, By End Users (2020-2028) ($MN)
149 Middle East & Africa Smart Pneumatics Market Outlook, By Automotive (2020-2028) ($MN)
150 Middle East & Africa Smart Pneumatics Market Outlook, By Semiconductor (2020-2028) ($MN)
151 Middle East & Africa Smart Pneumatics Market Outlook, By Food & Beverage (2020-2028) ($MN)
152 Middle East & Africa Smart Pneumatics Market Outlook, By Energy & Power (2020-2028) ($MN)
153 Middle East & Africa Smart Pneumatics Market Outlook, By Water & Wastewater (2020-2028) ($MN)
154 Middle East & Africa Smart Pneumatics Market Outlook, By Construction (2020-2028) ($MN)
155 Middle East & Africa Smart Pneumatics Market Outlook, By Oil & Gas (2020-2028) ($MN)
156 Middle East & Africa Smart Pneumatics Market Outlook, By Other End Users (2020-2028) ($MN)
 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials