Market Overview:
The global current to pneumatic converter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation in various industries and the growing adoption of industrial robots across different regions. In addition, the increasing demand for energy-efficient and cost-effective solutions is also contributing to the growth of this market. The global current to pneumatic converter market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into rail or rack mount and field mount. The rail or rack mount segment is expected to hold a larger share in terms of revenue than the field mount segment duringthe forecast period owingto its high installation flexibilityand low installation costs as compared with field mounted converters.Onthe basisofapplication, itcanbe dividedinto automobile manufacturing industry, aerospace industry, military industry, and others (including oil & gas production plants).
Product Definition:
The current to pneumatic converter is an important device in many industrial and commercial applications. It allows a user to control the flow of air through a system by converting electrical current into pressurized air. This can be used to power machines, actuate valves or switches, or pneumatically control other devices.
Rail or Rack Mount:
Rail or rack mount is a device that is mounted on a printed circuit board (PCB) and has one or more electrical connectors for supplying power, data, and cooling. The rail/rack system can be used with any electronic equipment such as computers, servers, storage devices etc. It provides high-density storage at low costs which helps in meeting the requirements of small businesses.
Field Mount:
A field mount is a device that enables the operator to connect two devices, such as computers and video cameras, directly to an analog or digital video source. It allows the user to record images from various sources on one screen. The term “field-mount” is used for any type of camera mounting that can be used in industrial applications where there is a need for high resolution and multiple camera viewing options.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing automotive industry, particularly in Asia Pacific and Middle East & Africa, is expected to drive the demand for pneumatic converters over the next few years.
The aerospace industry also accounted for a significant share in 2017 owing to increasing passenger traffic on commercial aircrafts coupled with rising defense expenditure by countries such as U.S., China and India has resulted in an increased need for advanced technology products such as air handling units (AHUs) which use electric motors along with compressors driven by currents generated from turbines installed at airports generating stations (GEGS).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are experiencing strong economic growth owing to increasing industrialization and modernization of their manufacturing sector. Growing automotive production in these countries coupled with growing aerospace industry is anticipated to drive the demand for NCPCs across Asia Pacific over the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to high product adoption by end-users across various industries such as aerospace & defense, marine & naval engineering, rail transportation equipment manufacturing industry etc., especially within Germany's automotive sector has significantly contributed towards product sales volume as well as revenue generation across Europe during recent years; hence it can be said that Germany represents a microcosm of European current transfer technology (CT) market trends/adoption rates which may be applied generally throughout EMEA).
Growth Factors:
- Increasing demand for current to pneumatic converters in the automotive industry for various applications such as power steering, air suspension, and braking systems.
- Growing demand from the aerospace and defense sector for current to pneumatic converters in aircrafts and missiles for controlling various systems.
- Rising adoption of current to pneumatic converters in process industries such as oil & gas, chemical processing, and water treatment plants for controlling various processes.
- Increasing use of current to pneumatic converters in renewable energy installations such as wind turbines and solar farms for power conversion purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Current to Pneumatic Converter Market Research Report
By Type
Rail or Rack Mount, Field Mount
By Application
Automobile Manufacturing Industry, Aerospace Industry, Military Industry, Others
By Companies
Dwyer, OMEGA, ControlAir, Safety Speed Service, Moore Industries, ABB, ASCON TECNOLOGIC S.r.l, Rotork, YOKOGAWA Europe, Indumart, OWECON ApS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Current to Pneumatic Converter Market Report Segments:
The global Current to Pneumatic Converter market is segmented on the basis of:
Types
Rail or Rack Mount, Field Mount
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Manufacturing Industry, Aerospace Industry, Military Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dwyer
- OMEGA
- ControlAir
- Safety Speed Service
- Moore Industries
- ABB
- ASCON TECNOLOGIC S.r.l
- Rotork
- YOKOGAWA Europe
- Indumart
- OWECON ApS
Highlights of The Current to Pneumatic Converter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rail or Rack Mount
- Field Mount
- By Application:
- Automobile Manufacturing Industry
- Aerospace Industry
- Military Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Current to Pneumatic Converter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A current to pneumatic converter is a device that converts electrical energy into compressed air. This allows machines, such as printers and copiers, to operate without the need for an external power source.
Some of the major companies in the current to pneumatic converter market are Dwyer, OMEGA, ControlAir, Safety Speed Service, Moore Industries, ABB, ASCON TECNOLOGIC S.r.l, Rotork, YOKOGAWA Europe, Indumart, OWECON ApS.
The current to pneumatic converter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Current to Pneumatic Converter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Current to Pneumatic Converter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Current to Pneumatic Converter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Current to Pneumatic Converter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Current to Pneumatic Converter Market Size & Forecast, 2018-2028
4.5.1 Current to Pneumatic Converter Market Size and Y-o-Y Growth
4.5.2 Current to Pneumatic Converter Market Absolute $ Opportunity
Chapter 5 Global Current to Pneumatic Converter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Current to Pneumatic Converter Market Size Forecast by Type
5.2.1 Rail or Rack Mount
5.2.2 Field Mount
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Current to Pneumatic Converter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Current to Pneumatic Converter Market Size Forecast by Applications
6.2.1 Automobile Manufacturing Industry
6.2.2 Aerospace Industry
6.2.3 Military Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Current to Pneumatic Converter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Current to Pneumatic Converter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Current to Pneumatic Converter Analysis and Forecast
9.1 Introduction
9.2 North America Current to Pneumatic Converter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Current to Pneumatic Converter Market Size Forecast by Type
9.6.1 Rail or Rack Mount
9.6.2 Field Mount
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Current to Pneumatic Converter Market Size Forecast by Applications
9.10.1 Automobile Manufacturing Industry
9.10.2 Aerospace Industry
9.10.3 Military Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Current to Pneumatic Converter Analysis and Forecast
10.1 Introduction
10.2 Europe Current to Pneumatic Converter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Current to Pneumatic Converter Market Size Forecast by Type
10.6.1 Rail or Rack Mount
10.6.2 Field Mount
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Current to Pneumatic Converter Market Size Forecast by Applications
10.10.1 Automobile Manufacturing Industry
10.10.2 Aerospace Industry
10.10.3 Military Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Current to Pneumatic Converter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Current to Pneumatic Converter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Current to Pneumatic Converter Market Size Forecast by Type
11.6.1 Rail or Rack Mount
11.6.2 Field Mount
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Current to Pneumatic Converter Market Size Forecast by Applications
11.10.1 Automobile Manufacturing Industry
11.10.2 Aerospace Industry
11.10.3 Military Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Current to Pneumatic Converter Analysis and Forecast
12.1 Introduction
12.2 Latin America Current to Pneumatic Converter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Current to Pneumatic Converter Market Size Forecast by Type
12.6.1 Rail or Rack Mount
12.6.2 Field Mount
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Current to Pneumatic Converter Market Size Forecast by Applications
12.10.1 Automobile Manufacturing Industry
12.10.2 Aerospace Industry
12.10.3 Military Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Current to Pneumatic Converter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Current to Pneumatic Converter Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Current to Pneumatic Converter Market Size Forecast by Type
13.6.1 Rail or Rack Mount
13.6.2 Field Mount
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Current to Pneumatic Converter Market Size Forecast by Applications
13.10.1 Automobile Manufacturing Industry
13.10.2 Aerospace Industry
13.10.3 Military Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Current to Pneumatic Converter Market: Competitive Dashboard
14.2 Global Current to Pneumatic Converter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dwyer
14.3.2 OMEGA
14.3.3 ControlAir
14.3.4 Safety Speed Service
14.3.5 Moore Industries
14.3.6 ABB
14.3.7 ASCON TECNOLOGIC S.r.l
14.3.8 Rotork
14.3.9 YOKOGAWA Europe
14.3.10 Indumart
14.3.11 OWECON ApS
