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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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