The Air Motor Market is being driven by Increasing number of applications in various tools
The Air Motor Market is expected to grow at a CAGR of 4.06% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1.14 billion. Air motors are essential machinery in various industries that rely on compressed air for operation. While the direct electricity consumption of air motors is minimal, the cost of compressed energy can be significant for manufacturing businesses. The absence of a convenient compressed air source can lead to elevated operating expenses (OPEX) for air motors compared to electric motors and their accompanying equipment. To mitigate this issue, air motor manufacturers are focusing on reducing compressed air consumption. One solution gaining traction is the development of piston air motors. These motors operate at slower speeds but deliver high torque, thereby minimizing power consumption during operation and lowering overall energy costs.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Type (Vane air motor, Piston air motor, Gear air motor) Application (Transportation, Chemical, Food and beverage, Healthcare, Others) Geography (APAC, Europe, North America, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Air Motor Market Research Report
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The Air Motor Market encompasses various types of motors, including pneumatic motors and air motors, which convert compressed air into mechanical work. Rotary motion and linear motion are common forms of mechanical work provided by these motors. Gear air motors and piston actuators are popular choices, while vane air motors, gear and piston air motor, and air turbine motors offer different power density and application-specific advantages. Industries like petrochemical, agricultural, and nuclear utilize air motors for powering tools such as air guns, tires shops equipment, and handheld devices. Volatile environments require air pressure regulators and air receivers to maintain consistent air pressure for optimal performance. Electric peers are sometimes used as an alternative power source, but air motors offer advantages in certain applications due to their ability to operate in harsh conditions and provide high power density.
The global air motor market is a segment of the expansive electrical components and equipment market, as identified by Technavio. This market encompasses businesses specializing in the production of air motors, including pneumatic motors, which convert compressed air into mechanical work, providing rotary or linear motion through mechanisms such as gear air motors, piston actuators, diaphragms, and others. The electrical components and equipment market, in turn, is a significant sector within the broader electrical equipment market. This market's size is determined by Technavio based on the consolidated revenue generated by manufacturers of various electrical products, including water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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