1 / 8

Air Motor Market Size Expected to Expand Significantly by 2030

Air Motor Market was valued at USD 2.44 Bn in 2023 and is expected to reach USD 3.56 Bn by 2030, at a CAGR of 5.54% during the forecast period.<br><br>Read More : https://www.maximizemarketresearch.com/market-report/global-air-motor-market/94462/

kulk123
Download Presentation

Air Motor Market Size Expected to Expand Significantly by 2030

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Air Motor MarketGlobal Analysis Report 2024-2030 Published by: Rajnandini, Research Analyst

  2. Market Size & Overview: The global air motor market was valued at approximately USD 2.44 billion in 2023 and is projected to reach USD 3.56 billion by 2030, growing at a CAGR of 5.54% during the forecast period. Air motors, which utilize compressed air to generate mechanical work, are favored for their compactness, lightweight design, and ability to operate safely in explosive or harsh environments.

  3. Market Growth & Opportunities Sample Request The integration of air motors into industrial automation and a heightened focus on energy efficiency are primary drivers of market growth. Their inherent safety in explosive environments further enhances their appeal across various sectors. Opportunities abound in emerging markets experiencing rapid industrialization, where the demand for automation and energy-efficient solutions is on the rise.

  4. Market Segmentation by Application • Machine Building • Automotive Industry • Chemical Industry • Construction Machinery • Conveyors • General Machining by Offering • Products • Components by Type • Vane Air Motors • Piston Air Motors • Gear Air Motors • Others

  5. Regional Analysis: • North America: This region is a significant market for air motors, driven by established industrial sectors like automotive, aerospace, and manufacturing. The emphasis on energy efficiency and the adoption of advanced technologies contribute to the demand for air motors. • Europe: Characterized by a strong industrial base and a focus on technological innovation, Europe sees substantial demand for air motors, particularly in countries such as Germany, France, Italy, and the United Kingdom. • Asia-Pacific (APAC): APAC is the fastest-growing region in the air motor market, propelled by rapid industrialization and urbanization in countries like China, India, Japan, and South Korea. The expanding manufacturing sector and increasing investments in infrastructure development create a favorable environment for air motor adoption.

  6. Regional Analysis Customized Report Request

  7. Merges and Acquisition Buy This Report • Atlas Copco's Acquisition of Desoutter Tools: Atlas Copco, a prominent player in the air motor market, expanded its industrial tool segment by acquiring Desoutter Industrial Tools. This move enhanced Atlas Copco's product offerings and strengthened its position in the market. • Ingersoll Rand's Merger with Gardner Denver: Ingersoll Rand, known for its air motors and industrial equipment, merged with Gardner Denver. This strategic merger combined two major players in the industry, broadening their combined technological capabilities and market presence. • Parker Hannifin's Acquisition of LORD Corporation: Parker Hannifin, a key manufacturer of motion and control technologies, acquired LORD Corporation. This acquisition aimed to expand Parker's engineered materials and aerospace offerings, indirectly impacting its air motor product line by integrating advanced material technologies.

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

More Related