DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/96lxgt/global_pneumatic) has announced the addition of the "Global Pneumatic Equipment Market 2014-2018" report to their offering.
The Global Pneumatic Equipment market to grow at a CAGR of 4.46 percent over the period 2013-2018
Pneumatic equipment uses compressed gas (air or any other inert gas) to produce mechanical motion. The equipment is used in volatile environments where hydraulic or electric tools cannot be used. It is also used in various industries such as Construction, Metallurgy, and Oil and Petrochemical. Pneumatic equipment is safer than electric and hydraulic tools and it is increasingly being adopted by end-users for industrial applications.
One of the major trends in this market is the increase in the outsourcing of manufacturing activities to the APAC region. The APAC region offers various advantages such as a low labor cost, availability of skilled labor, increased investment in infrastructure development, and government support for pneumatic equipment vendors.
According to the report, one of the major drivers of this market is the demand for material handling and mining equipment. Pneumatic equipment is mainly used in material handling applications in the Automotive, Construction, Food and Beverages, Retail, Metallurgy, and Power industries.
Further, the report states that one of the major challenges faced by the market is the high cost of pneumatic equipment. The total cost of ownership of pneumatic equipment increases because of the additional cost of pneumatic accessories needed for proper functioning of the equipment.
The Global Pneumatic Equipment market can be segmented into four:
- Power Engines and Motors
- Bosch Rexroth
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Products
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and Their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and Their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/96lxgt/global_pneumatic