COVID-19: Air Motor Market 2020-2024 | Increasing Number of Applications in Tools to Boost Market Growth | Technavio

Technavio has announced its latest market research report titled Global Air Motor Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the air motor market and it is poised to grow by USD 788.81 million during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altra Industrial Motion Corp., Atlas Copco AB, DEPRAG SCHULZ GmbH u. Co., GLOBE Benelux BV, IDEX Corp., Ingersoll-Rand Plc, Jergens Inc., MD Drucklufttechnik GmbH & Co. KG, PARKER HANNIFIN Corp., and Stryker Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The increasing number of applications in tools has been instrumental in driving the growth of the market. However, fluctuating prices of raw materials, slowdown in the manufacturing industry, and availability of substitute products might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Air Motor Market 2020-2024: Segmentation

Air Motor Market is segmented as below:

  • Type
    • Vane Air Motor
    • Piston Air Motors And Gear Air Motor
  • Geographic Landscape
    • APAC
    • Europe
    • North America
    • South America And MEA

Air Motor Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The air motor market report covers the following areas:

  • Air Motor Market Size
  • Air Motor Market Trends
  • Air Motor Market Industry Analysis

This study identifies the increasing focus on reducing overall air consumption by air motors as one of the prime reasons driving the Air Motor Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Air Motor Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist air motor market growth during the next five years
  • Estimation of the air motor market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the air motor market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of air motor market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five force summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Vane air motor - Market size and forecast 2019-2024
  • Piston air motor - Market size and forecast 2019-2024
  • Gear air motor - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Volume driver - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Altra Industrial Motion Corp.
  • Atlas Copco AB
  • DEPRAG SCHULZ GmbH u. Co.
  • GLOBE Benelux BV
  • IDEX Corp.
  • Ingersoll-Rand Plc
  • Jergens Inc.
  • MD Drucklufttechnik GmbH & Co. KG
  • PARKER HANNIFIN Corp.
  • Stryker Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Air Motor Market will grow by USD 788.81 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/