By combining trend forecasting and competitive intelligence, this report supports future-focused strategy in the smart pneumatics sector.
What Is The Projected Market Size & Growth Rate Of The Smart Pneumatics Market?
The smart pneumatics market size has grown steadily in recent years. It will grow from $4.67 billion in 2024 to $4.88 billion in 2025 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to industrial automation demand, energy efficiency, demand for predictive maintenance, cost-effective solutions, the rise of digital twins.
The smart pneumatics market size is expected to see strong growth in the next few years. It will grow to $6.19 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing healthcare expenditure, rise in geriatric population, growing healthcare infrastructure, precision and durability. Major trends in the forecast period include artificial intelligence (AI) integration, edge computing integration, cloud-based solutions, cybersecurity measures, predictive diagnostics and health monitoring.
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What Is The Crucial Factor Driving The Global Smart Pneumatics Market?
Increased production of commercial vehicles is expected to propel the growth of the smart pneumatics market. A commercial vehicle is permitted to transport materials or goods rather than passengers. Commercial vehicles utilize smart pneumatics in their braking, suspension, and gearbox systems to play a significant role in predictive maintenance, monitoring, and improving overall equipment effectiveness. For instance, in September 2024, according to the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association, the commercial vehicle (CV) plants have produced 78,805 units in 2024, a rise of 5.8% from 74,505 in 2023. Therefore, the increased production of commercial vehicles is driving the growth of the smart pneumatics market.
Segment Covered In The Smart Pneumatics Market Report
The smart pneumatics market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Distribution Channel: Direct, Indirect
3) By Industry: Oil And Gas, Energy And Power, Water And Wastewater, Automotive, Semiconductor, Food And Beverage
Subsegments:
1) By Hardware: Pneumatic Cylinders, Sensors And Actuators, Valves, Compressors, Connectors And Fittings
2) By Software: Control Software, Monitoring Software, Analytics Software, Simulation Software
3) By Services: Maintenance And Support Services, Installation And Commissioning Services, Consulting Services, Training Services
Key Trends Driving Growth In The Smart Pneumatics Market
Major companies operating in the smart pneumatics market are developing innovative products, such as electric and pneumatic automation platforms, to enhance efficiency, performance, and control in automated systems. These platforms integrate electrical and pneumatic components, offering greater flexibility and precision for industrial automation processes, and improving overall productivity and system monitoring. For instance, in September 2023, Festo, a Germany-based automation company launched CPX-AP-A. CPX-AP-A is an electric and pneumatic automation. This platform serves as a central communication interface for data transfer and streamlining system architecture. This is a distributed input/output (I/O) solution designed to enhance automation performance and flexibility that combines the strengths of both electric and pneumatic technologies.
Key Player In The Smart Pneumatics Market
Major companies operating in the smart pneumatics market include Cypress Envirosystems Inc., Siemens AG, Schneider Electric SE, Honeywell International Inc., Mitsubishi Heavy Industries Ltd., ABB Ltd., Eaton Corporation plc, Emerson Electric Co., Parker Hannifin Corporation, Rockwell Automation Inc., Bosch Rexroth AG, SMC Corporation, Festo Inc., IMI Precision Engineering Ltd., SICK AG, AirTAC International Group, Rotork plc, Camozzi Automation Spa, Ham-Let Group, CKD Corporation, Basso Industry Corp, Norgren Inc., Thomson Industries Inc., Clippard Instrument Laboratory Inc., Bimba Manufacturing Company, Advanced Pneumatics Inc.
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Global Smart Pneumatics Market - Regional Insights:
Asia-Pacific was the largest region in the smart pneumatics market in 2024 and is expected to be the fastest-growing region in the smart pneumatics market report forecast period. The regions covered in the smart pneumatics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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