The global demand for Spring Return and Double Acting Pneumatic Actuator Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A pneumatic actuator is a machine that transforms energy in compressed air form into mechanical motion. There are two categories of pneumatic actuators: the spring return or single-acting actuator and the double-acting actuator. The spring return or single actuator uses spring force to place the valve position in the close or open position. It is required to pressurize on one side only to operate the valve. While in the case of double-acting, the actuator only uses a piston as its element to operate the valve. It has to pressurize both sides of the actuator alternately to operate the valve. Typical applications of pneumatic actuators include ball valve, control valve, and choke valve, and others.
Market Dynamics
Global spring return and double acting pneumatic actuator market will be gaining traction with the growing need to boost productivity & reduce downtime in industrial facilities & manufacturing places worldwide. Increasing demand for process automation and industrial robots in different industrial verticals is foreseen to create the pneumatic actuators market opportunities. A wave of Industry 4.0 will witness many positive trends for market growth. Expansion of global giants in emerging economies and ongoing and upcoming capacity expansion will spur demand for spring return and double acting pneumatic actuator. Players have been focused on developing advanced & cost-effective actuators. However, significant manufacturing and installation costs for pneumatic actuators are likely to hamper the market growth of the global pneumatic actuators market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of spring return and double acting pneumatic actuator. The growth and trends of spring return and double acting pneumatic actuator industry provide a holistic approach to this study.
Market Segmentation
This section of the spring return and double acting pneumatic actuator market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Rack and Pinion
- Scotch Yoke
- Linear
By Category
- Spring Return Pneumatic Actuator
- Double Acting Pneumatic Actuator
By Application
- Power Plant
- Chemical Industrial
- Oil Refining
- Other
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Spring Return and Double Acting Pneumatic Actuator market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Spring Return and Double Acting Pneumatic Actuator Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the spring return and double acting pneumatic actuator market include Emerson Electric, GE, Curtiss-Wright, Watts, CIRCOR, IMI, Parker, Assured Automation, Rotork, Valbia, Samson AG, Wuxi Xinming Auto-control Valves Industry Co Ltd, Metso. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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