Pneumatic Actuators Market Is Projected to Reach USD 6.2 Billion at a CAGR of 5.3% from 2019 to 2025
The pneumatic actuators market is estimated to be USD 4.5 billion in 2019 and is projected to reach USD 6.2 billion by 2025, at a CAGR of 5.3 % from 2019 to 2025. The need to increase productivity & reduce downtime in industrial facilities & manufacturing activities worldwide are the major factors expected to drive the market for pneumatic actuators globally. The development of advanced & cost-effective actuators and increasing demand for industrial robots & process automation in different industrial...
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