Market Overview:
The global pneumatic converters 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 consumer electronics and industrial applications, and the growing trend of miniaturization in electronic devices. In terms of type, the p/i converter segment is expected to account for a larger share of the global market during the forecast period, followed by the i/p converter segment. In terms of application, consumer electronics is expected to be one of the fastest-growing segments duringthe forecast period.
Product Definition:
Pneumatic converters are used to convert the kinetic energy of a fluid into rotational or linear motion. They are important for applications that require high-pressure fluids, such as hydraulic systems or pneumatic systems.
P/I Converters:
P/I converters are used to convert the high-pressure (up to 15,000 PSI) and low-pressure (up to 7,000 PSI) streams of a pneumatic system. They are mainly used in applications such as air compressors, oil & gas extraction equipment and hydraulic systems.
I/P Converters:
I/P converters are used to convert the analog input signals from a sensor or an external source into a digital format. It is also used to convert the digital input signals into an analog format. The I/P converters are widely used in pneumatic conveying systems, process control systems, and industrial robots among others.
The key application areas of I/P converters include food & beverage processing, oil & gas extraction processes, water treatment plants.
Application Insights:
The industrial application segment accounted for the largest revenue share of over 50% in 2017. The segment is projected to witness significant growth during the forecast period owing to rising demand from various industries such as oil & gas, metalworking, food & beverage and medical. Pneumatic converters are used in various applications such as material handling, packaging and palletizing systems among others.
Consumer electronics is another key application sector expected to witness rapid growth over the forecast period owing to increasing use of pneumatic equipment for moving large size appliances including refrigerators and washing machines at home or commercial locations with ease and efficiency. Other key applications include healthcare where these devices are used for moving heavy medical equipment along with ease along with safety due to their air cushioning technology which has led them being one of the most popular consumer goods across all major regions worldwide since their introduction several decades ago up until present day.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of key manufacturers and exporters in China, India, Japan, and Korea. The region is expected to continue its dominance over the forecast period as well due to increasing industrialization coupled with rising living standards of consumers.
The growth of industrial manufacturing sectors mainly metal processing, automotive parts production has led to an increase in pneumatic equipment requirements across numerous industries globally. In addition, growing demand for consumer electronics such as smartphones and laptops is also anticipated to drive product demand over the forecast period.
North America accounted for a significant share owing to early adoption by several end-use industries such as medical devices & instruments; aerospace & defense; food processing machinery; textile machinery; etc ’some time ago).
Growth Factors:
- Increasing demand for automation in various industries
- Growing adoption of pneumatics in automotive and aerospace industry
- Rising demand for energy-efficient and environment-friendly systems
- Technological advancements in pneumatic converter products
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Pneumatic Converters Market Research Report
By Type
P/I Converters, I/P Converters, Pulse-Pneumatic Converters
By Application
Consumer Electronic, Industrial, Others
By Companies
Azbil, Yokogawa Electric, AMOT, Nireco, Moore Industries, Festo Didactic, ABB, Northwest Instruments and Controls, Fuji Electric, Azbil
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Pneumatic Converters Market Report Segments:
The global Pneumatic Converters market is segmented on the basis of:
Types
P/I Converters, I/P Converters, Pulse-Pneumatic Converters
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
Consumer Electronic, Industrial, 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:
- Azbil
- Yokogawa Electric
- AMOT
- Nireco
- Moore Industries
- Festo Didactic
- ABB
- Northwest Instruments and Controls
- Fuji Electric
- Azbil
Highlights of The Pneumatic Converters 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:
- P/I Converters
- I/P Converters
- Pulse-Pneumatic Converters
- By Application:
- Consumer Electronic
- Industrial
- 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 Pneumatic Converters 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?
Pneumatic converters are devices that change the pressure of air to create power. They can be found in a variety of applications, such as powering tools or vehicles.
Some of the major companies in the pneumatic converters market are Azbil, Yokogawa Electric, AMOT, Nireco, Moore Industries, Festo Didactic, ABB, Northwest Instruments and Controls, Fuji Electric, Azbil.
The pneumatic converters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pneumatic Converters 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 Pneumatic Converters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pneumatic Converters 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 Pneumatic Converters 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 Pneumatic Converters Market Size & Forecast, 2020-2028
4.5.1 Pneumatic Converters Market Size and Y-o-Y Growth
4.5.2 Pneumatic Converters Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 P/I Converters
5.2.2 I/P Converters
5.2.3 Pulse-Pneumatic Converters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Consumer Electronic
6.2.2 Industrial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pneumatic Converters 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 Pneumatic Converters 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 P/I Converters
9.6.2 I/P Converters
9.6.3 Pulse-Pneumatic Converters
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 Market Size Forecast by Applications
9.10.1 Consumer Electronic
9.10.2 Industrial
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 P/I Converters
10.6.2 I/P Converters
10.6.3 Pulse-Pneumatic Converters
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 Market Size Forecast by Applications
10.10.1 Consumer Electronic
10.10.2 Industrial
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 P/I Converters
11.6.2 I/P Converters
11.6.3 Pulse-Pneumatic Converters
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 Market Size Forecast by Applications
11.10.1 Consumer Electronic
11.10.2 Industrial
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 P/I Converters
12.6.2 I/P Converters
12.6.3 Pulse-Pneumatic Converters
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 Market Size Forecast by Applications
12.10.1 Consumer Electronic
12.10.2 Industrial
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 P/I Converters
13.6.2 I/P Converters
13.6.3 Pulse-Pneumatic Converters
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) Market Size Forecast by Applications
13.10.1 Consumer Electronic
13.10.2 Industrial
13.10.3 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 Pneumatic Converters Market: Competitive Dashboard
14.2 Global Pneumatic Converters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Azbil
14.3.2 Yokogawa Electric
14.3.3 AMOT
14.3.4 Nireco
14.3.5 Moore Industries
14.3.6 Festo Didactic
14.3.7 ABB
14.3.8 Northwest Instruments and Controls
14.3.9 Fuji Electric
14.3.10 Azbil
