The pneumatic seal market is segmented by application (equipment manufacturing, automobile, shipping industry, and others) and geography (APAC, North America, Europe, Middle East and Africa, and South America).
The pneumatic seal market share will value over USD 40.23 million by 2027
It is estimated to expand at a CAGR of 5.73% from 2022 to 2027
The pneumatic seal market size will witness a YOY growth rate of 4.56% in 2023
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The incorporation of servo-pneumatic equipment results in smoother operation than conventional pneumatics. The high-performance motion controllers operate on multiple feedback and regulate the movement of the piston. These advances will further drive the growth of the pneumatic seal market size during the forecast period.
The food processing industry is installing more pneumatic equipment as it is cleaner than other devices like hydraulic and other mechanical equipment. The use of pneumatic equipment in the food processing industry has been initated as part of Food Safety Modernization Act. Therefore, the increase in pneumatic applications in the food processing industry will drive the pneumatic seal market growth.
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The growing demand for electromechanical equipment are the major hindrance for market players
The pneumatic seal market structure is fragmented in nature.
46% of pneumatic seal market growth will develop from APAC.
The market growth by the equipment manufacturing segment will be significant during 2023-2027 owing to the transition of power industries to using renewable sources to generate energy.
