Global
pneumatic
power motor and engine market are expected
to grow at a significant CAGR in the upcoming period as the scope and its
applications are rising enormously across the globe. Pneumatic power motor and
engine is also termed as air motor or compressed air engine, it is an
instrument that takes compressed air and converts it into energy that is then
used for mechanical work. They are available in several forms, from hand-held
motors to engines of up to several hundred horsepower.
The
factors that are playing a major role in the growth of the market are it offers
high power and the growing demand from end-users. However, the high cost of the
product may restrain overall market growth in the years to come. Pneumatic
power motor and engine market are segmented based on product type, application,
and region.
Rotary
vane motor and linear motor and engine are the product types that could be
explored in pneumatic power motor and engine in the forecast period. Rotary
vane motor starts when the energy from the compressed air is stored and routed
to the motor chamber. The rotary motion is supplied by an air turbine or gear
type motor, vane type motor, and piston type motor. Whereas, linear motion come
from either a piston actuator or diaphragm.
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The
market may be categorized based on applications like tools, torpedoes,
railways, automotive, flight, and others could be explored in the forecast
period. Tools comprise sanders, hand-held tools, grinders, impact wrenches,
drills, pulse tools, nut runners, screwdrivers, and others.
Pneumatic
power motor and engine market is segmented geographically into Americas (North
America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific
(India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and
Qatar) and Africa (South Africa).
Globally,
North America accounted for the substantial market share of pneumatic power
motor and engine and is estimated to lead the overall market in the years to
come. The reason behind the overall market growth could be the presence of key
manufacturers in the region, developed infrastructure, and the growing use of
enhanced technology. The United States is a major consumer of pneumatic power
motor and engine in this region.
Europe
and the Asia Pacific are also estimated to have a positive influence on future
growth. Europe is the second largest region with significant market share.
However, Asia Pacific is estimated to grow at the highest CAGR in the forecast
period. The developing countries like Inia and China are the major consumers of
pneumatic power motor and engine in this region.
The
key players of pneumatic power motor and engine market are Air Canada,
Expressjet Airlines, Inc., Spartan Controls Ltd., Wainbee Limited, Varifan
Inc., Bray Controls Canada Ltd., Emerson Electric Canada Limited, Cvs Controls
Ltd., Tundra Process Solutions Ltd., and Summit Instrument Specialties. These
players are concentrating on inorganic growth to sustain themselves amidst
fierce competition.
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