Research on Pacific Region Pneumatic Industry Strategy Analysis (Impact of Covid-19)
The Pacific Region Pneumatic market size in 2022 is 190.04 million US dollars, and it is expected to be 262.82 million US dollars by 2029, with a compound annual growth rate of 4.74% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Pneumatic market include SMC, Festo, Norgren, Parker, and CKD. The share of the top 3 players in the Pneumatic market is 55.80%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Pneumatic Cylinders, Pneumatic Valves, etc. Application segment includes Machinery, Chemical Industry, etc.
---Pneumatic Cylinders contributes approximately 33.61% share to the market in 2022.
---Machinery contributes approximately 19.00% share to the market in 2022.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it”s going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Industrial Automation: The pneumatic industry in Australia and New Zealand has been driven by the increasing adoption of industrial automation. Pneumatic systems are commonly used in various automated processes, such as assembly lines, packaging, material handling, and robotics. The demand for pneumatic components and systems is expected to grow in line with the expansion of automation in manufacturing industries.
Energy Efficiency: Energy efficiency has been a significant trend in the pneumatic market. Manufacturers and end-users in Australia and New Zealand are increasingly focused on reducing energy consumption and optimizing pneumatic systems for efficiency. This includes the use of energy-efficient components, improved system design, and the adoption of technologies such as variable speed drives and energy recovery systems.
Sustainability and Environmental Considerations: There is an increasing emphasis on sustainability and environmental considerations in the pneumatic industry. Manufacturers are developing pneumatic products and systems that reduce air consumption, minimize air leaks, and improve overall energy efficiency. Additionally, there is a growing demand for environmentally friendly and recyclable materials in pneumatic components.
Industry 4.0 and Smart Manufacturing: The adoption of Industry 4.0 concepts and smart manufacturing has been driving the integration of pneumatic systems with digital technologies. Pneumatic components with built-in sensors and communication capabilities are enabling real-time monitoring, data collection, and predictive maintenance. This trend is expected to continue as the industry moves towards more connected and intelligent systems.
Growing End-use Industries: The pneumatic market in Australia and New Zealand is influenced by the growth of various end-use industries. These include automotive, food and beverage, packaging, mining, and construction. The demand for pneumatic components and systems is driven by the need for reliable and efficient equipment in these sectors.
Highlights-Regions
Australia
New Zealand
Others
Highlights-Players
Major Players in Pneumatic market are:
SMC
Festo
Norgren
Parker
CKD
Camozzi
AirTAC
Aventics
EASUN
JELPC
Others
Highlights-Types
Most important types of Pneumatic products covered in this report are:
Pneumatic Cylinders
Pneumatic Valves
Air Treatment Components
Others
Highlights-Application
Most widely Application of Pneumatic market covered in this report are:
Machinery
Chemical Industry
Package
Car
Food and Drinks
Building
Agriculture
Others
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