Market Insights
Miniature pneumatics market is likely to witness an impressive CAGR of 5% during the forecast period. Compact pneumatic and battery-powered devices such as portable oxygen delivery systems, environmental gas samplers, and flow switching devices are ideal for miniature pneumatics. Miniature pneumatics have numerous advantages, including lightweight, compact size, low friction, an excellent power-to-weight ratio, and ease of availability, which are expected to drive the growth of the market over the forecast period.
Miniature Pneumatics Market – Snapshot
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Growth
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5% for the next five years
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Major Application Type
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Semiconductor
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Region with the highest demand
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Asia-Pacific
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Key Players
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ASCO, Beswick Engineering, Clippard, Industrial Specialties MFG, Kendrion, Mcmaster-Carr, Norgren Limited, Parker NA, Pneumadyne and Ross Controls
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Market Segments' Analysis
Miniature Pneumatics Market Share: By Application Type
Based on the application type, the market is segmented as semiconductor, HVAC systems, aerospace, medical instruments, test/analytics equipment, automotive, and others. Among these, the semiconductor application segment is estimated to account for the major share of the market during the forecast period. With the increase in the production of electronic components and semiconductor devices, the applications of miniature pneumatics are expanding.
Miniature Pneumatics Market Share: By Region
In terms of regions, Asia-Pacific is expected to be the leading region in the market during the forecast period with Japan, China, India and Australia as the key markets for miniature pneumatics. The region is expected to grow at the highest CAGR over the forecast period. Many Asian countries have witnessed government assistance for the expansion of their manufacturing industries.
Market Scope & Segmentation
Miniature pneumatics, also known as, precision pneumatics, are made up of a range of pneumatic components that are miniaturized for use in a variety of applications in different pressure and temperature ranges.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Miniature Pneumatics Market Research Report - Features
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Market Segmentation
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3
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The miniature pneumatics market is segmented into the following categories.
Miniature Pneumatics Market Size, Share, & Forecast, by Type:
- Valves (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Cylinder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Manifolds and Tubing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Specialized Components (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Miniature Pneumatics Market Size, Share, & Forecast, by Application Type:
- Semiconductor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- HVAC Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Medical Instruments (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Test/Analytics Equipment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Miniature Pneumatics Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation by any one of the types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.