Publication Month: Jan 2021 | Report Code: TIPRE00017508 | No. of Pages: 152 | Category: Electronics and Semiconductor | Status: Published
The miniature pneumatics consist of a variety of pneumatic components that are miniaturized to be used for both light- and medium-duty applications and low-medium pressure ranges. In these systems, the weight and size are significant constraints and, thus, the need for high precision. The magnetically latched solenoid valve is apt for decreasing the power consumption across various applications where higher and conventional power valves are precisely used. The magnetically design solenoids are suitable for battery-powered and compact pneumatic instruments such as environmental gas samplers, portable oxygen delivery systems, and other OEM flow switching devices. The advantages of miniature pneumatic are low friction, excellent power-to-weight ratio, and easy availability, which is expected to boost the Miniature Pneumatics market growth during the forecast period.
Furthermore, the pneumatic control systems include the critical performance based on the equipment and machine's size. Similarly, the Pneumadyne manufacturers focus on designing the miniature pneumatic components, which 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 comprise of various features such as they are compact, lightweight, and are manufactured with high-quality standards.
APAC is expected to offer multiple growth opportunities to market vendors during the forecast period. The Japan, China, India and Australia are among the key markets for miniature pneumatics market. APAC is anticipated to grow at the highest CAGR during the forecast period. Many Asian countries have witnessed government support for the growth of their manufacturing industries. On the other hand, due to the aforementioned features of miniature pneumatic components, the manufacturing industries are highly inclined toward using them in varied applications. For instance, market players such as ASCO, Beswick Engineering, Clippard, Industrial Specialties MFG, Kendrion, and Norgren Limited are among the top market players operating in a miniature pneumatics market. The miniature pneumatics has quickly gained prominence and resulted in wider adoption by several automotive OEMs globally. The automotive manufactures in Asia and Europe also witnessed the adoption of miniature pneumatics in their car models owing to its rising popularity among customers across different economic sections. However, due to the shutdown of businesses and the delay in procurement activities in the last six months of 2020, the market is significantly impacted. Moreover, the falling GDP is another factor negatively impacting the growth of the miniature pneumatics market. The COVID-19 crisis has drastically impacted the operations across the value chain, from supplier networks to the customer delivery experience. Moreover, in 2020, McMaster-Carr Planned Major HQ Expansion. It includes a 460,000-square-foot warehouse expansion that calls for a 66-foot-high roof. Similarly, in the same year, the Precision Fluidics Division of Parker Hannifin declared Parker LM-Pro linear motor proportional valve targeted at the respiratory and anesthesia markets.
The technical benefits, such as improved efficiency, reliability, customization, and smooth machine function offered by miniature pneumatics, are expected to increase their adoption by various industries. Miniature pneumatics component also known as precision pneumatics includes a wide range of pneumatic components that have been manufactured in miniature size for use in light and medium duty applications. The adoption of miniature pneumatics has increased across numerous industrial applications owing to the advantages such as light weight, greater equipment design flexibility, and scope of customization.
Based on type, the miniature pneumatics market is segmented into valves, cylinder, manifolds and tubing, specialized components, and others. The devices with miniature components are designed to meet the higher standards, such as smaller footprint, long-term reliability, and lower internal volume. The miniature valves are very well known for their reliable performance to handle high temperatures and high pressure efficiently. The miniature pneumatics valves are integrated with cartridge or diaphragm actuation and solenoid and they operate efficiently across different industrial media. Thus, it makes the valves more efficient to be used across a variety of applications.
Based on application, the miniature pneumatics market is segmented into semiconductor, HVAC systems, aerospace, medical instrument, test/analytics equipment, and others. In the semiconductor industry, the applications of miniature pneumatics are increasing with the surge in the manufacturing of electronic components and semiconductor devices for clean and contaminant-free environment. The electronic equipment manufacturers majorly rely on pneumatic fittings and Pneumadyne directional valves while designing and building machines for the semiconductor and electronic component industries.
|Market Size Value in||US$ 1,856.0 Million in 2019|
|Market Size Value by||US$ 2,725.7 Million by 2027|
|Growth rate||CAGR of 4.9% from 2020-2027|
|No. of Pages||152|
|No. of Tables||56|
|No. of Charts & Figures||77|
|Historical data available||Yes|
|Segments covered||Type and Application|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
Product development is the commonly adopted strategy by companies to expand their product portfolio. Clippard, Industrial Specialties MFG, Kendrion, Norgren Limited, Mcmaster-Carr, among others are the key players implementing strategies to enlarge the customer base and gain significant share in the global Miniature Pneumatics Market, which in turn permits them to maintain their brand name. A few of the recent key developments are:
The List of Companies - Miniature Pneumatics Market