Market Overview:
The global pneumatic and electric pivot units 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 electric pivot units in the automotive industry, and the growing demand for pneumatic pivot units in the aerospace industry. Some of the other factors that are driving this market include technological advancements, rising disposable income, and growing urbanization. However, fluctuations in raw material prices may restrain market growth to some extent during the forecast period. On basis of type, pneumatic pivot units are expected to account for a larger share of this market than electric pivot units during the forecast period from 2018 to 2030.
Product Definition:
Pneumatic pivot units are air-powered devices that use a small amount of compressed air to create a rotational force. This force can be used to power pneumatic actuators, which in turn can be used to control valves and other equipment. Electric pivot units are similar devices that use an electric motor to create the rotational force. Electric pivot units are often used in high-volume applications where compressed air is not available or would be prohibitively expensive.
Pneumatic Pivot Units:
Pneumatic pivot units are used in various applications such as packaging, automotive, construction equipment and material handling. The growth factor for the PPU market is determined by the growing demand from end-use industries. In recent years, there has been a significant rise in industrialization across developing economies which has driven the demand for pneumatic pivot units.
Electric Pivot Units:
Electric pivot units are used in pneumatic systems to convert rotary motion into linear one. They are mainly used in valves, cylinders, and actuators. The working principle of electric pivot units is based on the lever mechanism that uses a single or double pole motor to create a rotating force that can be applied to drive or brake various parts of the system.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The rising demand for vehicles with enhanced maneuverability and higher safety features is expected to drive the demand over the forecast period. Electric motors provide faster actuation, which helps in quickly changing directions and also provides better control on uneven grounds such as grassy areas or gravel roads.
The aerospace industry is anticipated to be one of the fastest growing industries owing to increasing passenger traffic, rapid urbanization, technological advancements and expansion of airports across various regions coupled with high R&D spending by major players such as Airbus SE & A3ospace America LLC for developing new aircraft models are expected to boost product demand in this application segment over the forecast period.
In addition, favorable government policies regarding energy conservation are likely to reduce electricity costs which will further stimulate industry growth during future years when compared with conventional pivot units that use pneumatic systems or hydraulic systems respectively.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand in countries such as China, India, and Japan. In addition, rising investments by governments for developing infrastructure are expected to drive industrial automation in this region.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high automotive production and sales across countries such as Germany, France, Italy, Spain among others. Moreover, growing food processing industry due to increasing population will also support regional market growth over the forecast period.
Growth Factors:
- Increasing demand for electric pivot units from the automotive industry on account of their high performance and efficiency.
- Growing popularity of pneumatic pivot units in the construction sector owing to their ability to handle heavy loads easily.
- Rising demand for electric pivot units in the agricultural sector due to their low power consumption and easy installation process.
- Proliferation of automated systems across various industries, which is leading to an increase in demand for electric pivot units as they are essential components of such systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pneumatic and Electric Pivot Units Market Research Report
By Type
Pneumatic Pivot Units, Electric Pivot Units
By Application
Aerospace, Food and Packaging, Industrial, Automotive, Others
By Companies
DESTACO, Dab Technology, Fohrenbach, Minebea, Univer Group, Zimmer Biomet, SMC, Nexus Pneumatics
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Pneumatic and Electric Pivot Units Market Report Segments:
The global Pneumatic and Electric Pivot Units market is segmented on the basis of:
Types
Pneumatic Pivot Units, Electric Pivot Units
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
Aerospace, Food and Packaging, Industrial, Automotive, 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:
- DESTACO
- Dab Technology
- Fohrenbach
- Minebea
- Univer Group
- Zimmer Biomet
- SMC
- Nexus Pneumatics
Highlights of The Pneumatic and Electric Pivot Units 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:
- Pneumatic Pivot Units
- Electric Pivot Units
- By Application:
- Aerospace
- Food and Packaging
- Industrial
- Automotive
- 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 and Electric Pivot Units 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 and electric pivot units are used in warehouses, factories, and other industrial settings to move large objects. These units use compressed air or electricity to rotate an arm or a platform that can hold the object being moved.
Some of the major players in the pneumatic and electric pivot units market are DESTACO, Dab Technology, Fohrenbach, Minebea, Univer Group, Zimmer Biomet, SMC, Nexus Pneumatics.
The pneumatic and electric pivot units market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pneumatic and Electric Pivot Units Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pneumatic and Electric Pivot Units Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pneumatic and Electric Pivot Units Market - Supply Chain
4.5. Global Pneumatic and Electric Pivot Units Market Forecast
4.5.1. Pneumatic and Electric Pivot Units Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pneumatic and Electric Pivot Units Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pneumatic and Electric Pivot Units Market Absolute $ Opportunity
5. Global Pneumatic and Electric Pivot Units Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Type
5.3.1. Pneumatic Pivot Units
5.3.2. Electric Pivot Units
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pneumatic and Electric Pivot Units Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Food and Packaging
6.3.3. Industrial
6.3.4. Automotive
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pneumatic and Electric Pivot Units Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pneumatic and Electric Pivot Units Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pneumatic and Electric Pivot Units Demand Share Forecast, 2019-2029
9. North America Pneumatic and Electric Pivot Units Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Food and Packaging
9.4.3. Industrial
9.4.4. Automotive
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Type
9.7.1. Pneumatic Pivot Units
9.7.2. Electric Pivot Units
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pneumatic and Electric Pivot Units Demand Share Forecast, 2019-2029
10. Latin America Pneumatic and Electric Pivot Units Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Food and Packaging
10.4.3. Industrial
10.4.4. Automotive
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Type
10.7.1. Pneumatic Pivot Units
10.7.2. Electric Pivot Units
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pneumatic and Electric Pivot Units Demand Share Forecast, 2019-2029
11. Europe Pneumatic and Electric Pivot Units Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Food and Packaging
11.4.3. Industrial
11.4.4. Automotive
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Type
11.7.1. Pneumatic Pivot Units
11.7.2. Electric Pivot Units
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pneumatic and Electric Pivot Units Demand Share, 2019-2029
12. Asia Pacific Pneumatic and Electric Pivot Units Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Food and Packaging
12.4.3. Industrial
12.4.4. Automotive
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Type
12.7.1. Pneumatic Pivot Units
12.7.2. Electric Pivot Units
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pneumatic and Electric Pivot Units Demand Share, 2019-2029
13. Middle East & Africa Pneumatic and Electric Pivot Units Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pneumatic and Electric Pivot Units Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Food and Packaging
13.4.3. Industrial
13.4.4. Automotive
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pneumatic and Electric Pivot Units Market Size and Volume Forecast by Type
13.7.1. Pneumatic Pivot Units
13.7.2. Electric Pivot Units
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pneumatic and Electric Pivot Units Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Pneumatic and Electric Pivot Units Market: Market Share Analysis
14.2. Pneumatic and Electric Pivot Units Distributors and Customers
14.3. Pneumatic and Electric Pivot Units Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DESTACO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dab Technology
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fohrenbach
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Minebea
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Univer Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zimmer Biomet
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SMC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nexus Pneumatics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
