Smart Pneumatics Market
Smart Pneumatics market by Type (Smart Pneumatic Valve, Smart Pneumatic Actuator, Smart Pneumatic Module), Component (Hardware, Software), End-User (Automotive, Oil & Gas, Food & Beverage, Energy & Power) — Global Forecast till 2023
Smart Pneumatics market by Type (Smart Pneumatic Valve, Smart Pneumatic Actuator, Smart Pneumatic Module), Component (Hardware, Software), End-User (Automotive, Oil & Gas, Food & Beverage, Energy & Power) — Global Forecast till 2023
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Smart Pneumatics Market Forecast To 2023
Global Smart Pneumatics Market - Geographical Analysis
• The smart pneumatics market has been studied in the key regions of North America, Asia Pacific (APAC),
Europe, as well as the rest of the world (RoW).
• Asia Pacific could achieve the top position in the worldwide smart pneumatics market during the review
period. The market growth is in response to the rising adoption of smart manufacturing or Industry 4.0 across
various industries. Also, surging focus on ideal asset application, strict government regulations for the
workplace as well as personal safety works in favor of the market. Another growth-inducing factor in the
market include the tight superiority control in the semiconductor, automotive, food & beverages and
chemicals, industries.
• The mounting awareness about predictive maintenance along with high penetration of digitization and IIoT is
backing up the market growth in North America. Also, the need for wireless infrastructure to maintain and
monitor equipment in plants is expected to benefit the regional market in subsequent years.
• The Europe market is gaining traction with the rising adoption of smart factors, which gives way to increasing
use of pneumatic devices to control the flow mechanism of air within the pneumatic system. The advent of IIoT
and industry 4.0 in the region also boost market growth.
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