Smart Pneumatics Market

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2www.marketresearchfuture.comSmart Pneumatics Market Forecast To 2023Smart Pneumatics Market Forecast To 2023• The global smart pneumatics market was worth USD 3.14 billion in 2017 and could touch thevaluation of USD 4.76 billion by 2023, says Market Research Future (MRFR). It is projected toachieve a CAGR of 7.5% during the forecast period (2018-2023).• Smart pneumatic systems that form an integral part of any industry are generally powered bycompressed air to transmit and control power. A pneumatic system that is organized using manualor automatic solenoid valves is chosen when it delivers a lower cost, highly flexible, or saferalternative to electric motors as well as actuators. Pneumatic tube systems help reduce personnelcosts as the errands are automated, in addition to the surge in the consistency of transportprocesses.
3www.marketresearchfuture.comSmart Pneumatics Market Forecast To 2023“Taste the market data and market information presented through more than 50 market data tablesand figures spread in 100 numbers of pages of the project report. Avail the in-depth table of contentTOC & market synopsis on Smart Pneumatics Market Forecast To 2023”• The smart pneumatic market has gained momentum in recent years with the penetration ofdigitization as well as IIoT as the latter’s incorporation lets the companies connect sensors toobserve parameters such as temperature, noise, and vibration. IIoT helps enable a single platformwhere companies are able to incorporate all the data and then process them as needed. Apart fromthis, mounting awareness with regard to predictive maintenance and the need for wirelessinfrastructure to monitor tools within a plant benefits the global market.• With that said, nonexistence of standardized certifications could prove to be a challenge for thesmart pneumatics market in the coming years. On the bright side, smart pneumatic market isbrimming with a host of opportunities as the future can expect technical inventions with highercapabilities. In addition, initiation of artificial intelligence and machine learning could ensure themarket growth is smooth in the near future.
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