1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Geographic Scope
1.3.2 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Secondary and Primary Research
2.2.1 Secondary Data
2.2.1.1 Secondary Sources
2.2.2 Primary Data
2.2.2.1 Primary Sources
2.2.2.2 Key Industry Insights
2.2.2.3 Breakdown of Primaries
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Data Triangulation
2.5 Research Assumptions
4 Premium Insights
4.1 Attractive Growth Opportunities in Smart Pneumatics Market
4.2 Smart Pneumatics Market, By Type
4.3 Smart Pneumatics Market in North America, By Country and Industry
4.4 Smart Pneumatics Market, By Industry
4.5 Smart Pneumatics Market, By Country, 2018
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Awareness Toward Predictive Maintenance
5.2.1.2 Penetration of Digitization and IIoT
5.2.1.3 Demand for Smart Pneumatics Due to Remote Monitoring Capabilities
5.2.1.4 Need for Wireless Infrastructure to Maintain/Monitor Equipment in Plants
5.2.1.5 Stringent Environmental and Safety Regulations in Energy Industry
5.2.2 Restraints
5.2.2.1 High Initial Investments in Valve Projects
5.2.2.2 Lack of Common Platform for Zigbee, Profibus, and Ethernet
5.2.2.3 Lack of Standardized Certifications and Government Policies
5.2.3 Opportunities
5.2.3.1 Technological Innovations With Improved Capabilities
5.2.3.2 Advent of Artificial Intelligence and Machine Learning
5.2.4 Challenges
5.2.4.1 High Cost of Fabrication
5.2.4.2 Duplication of Technology
5.2.4.3 Increasing Security Risks Associated With Cloud Platform
5.3 Value Chain Analysis
6 Smart Pneumatics Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Sensor
6.2.2 Communications Technology
6.3 Software and Services
6.3.1 Software
6.3.1.1 Data Integration
6.3.1.2 Diagnostic Reporting
6.3.1.3 Parameter Calculation
6.3.2 Services
7 Smart Pneumatics Market, By Type
7.1 Introduction
7.2 Smart Pneumatic Valves
7.2.1 With IIoT Trending, Pneumatic Valves Have Emerged as the Center of the Smart Movement
7.3 Smart Pneumatic Actuators
7.3.1 Smart Pneumatic Actuators are Expected to Grow at A Significant Rate During the Forecast Period
7.4 Smart Pneumatic Modules
7.4.1 Smart Pneumatic Modules Facilitate Predictive Maintenance
8 Smart Pneumatics Market, By Industry
8.1 Introduction
8.2 Oil & Gas
8.2.1 Smart Pneumatic Solutions are Mostly Employed in Downstream Operations
8.3 Energy & Power
8.3.1 APAC Held the Largest Share of the Smart Pneumatics Market for the Energy & Power Industry in 2017
8.4 Water & Wastewater
8.4.1 Proper Operation and Maintenance of Pneumatic Systems Contribute to the Smooth Operation of Water/Wastewater Facilities.
8.5 Automotive
8.5.1 Smart Pneumatic Systems Play A Crucial Role in Ensuring Efficient, Continuous Manufacturing Processes.
8.6 Semiconductor
8.6.1 New Technologies, Such as IoT, and Advanced Analytics, Have Boosted the Sales of Semiconductor and Electronic Devices
8.7 Food & Beverages
8.7.1 Food and Beverages Industry to Hold A Significant Market for Smart Pneumatic Systems
8.8 Others
8.8.1 Metal and Mining
8.8.1.1 Increasing Complexity of Machinery and the Growing Demand for Greater Productivity, has Led to the Adoption of Smart Pneumatic Systems
8.8.2 Chemicals
8.8.2.1 Smart Pneumatics is Used to Monitor the Chemical Processes in A Plant
8.8.3 Pharmaceuticals
8.8.3.1 The Use of Smart Pneumatics has Helped Pharmaceutical Companies in Eliminating Process Constraints
9 Geographic Analysis
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 Accounted for the Largest Share for Smart Pneumatic Market in North America
9.2.2 Canada
9.2.2.1 Canada is Promoting the Adoption of New Manufacturing Technologies and Processes Related to Automation
9.2.3 Mexico
9.2.3.1 Low Cost Labor and Necessary Infrastructure Boost the Growth of Smart Pneumatic Market
9.3 Europe
9.3.1 Germany
9.3.1.1 Germany Held the Largest Share of the Smart Pneumatics Market in Europe
9.3.2 UK
9.3.2.1 Growth in the Industrial Automation Market in the UK, to Provide Potential Growth Opportunities for the Smart Pneumatics Market
9.3.3 France
9.3.3.1 Manufacturers in France are Adopting Smart Factory Initiatives to Automate Their Manufacturing Processes and Enhance Competitiveness
9.3.4 Rest of Europe
9.3.4.1 Manufacturers in France are Adopting Smart Factory Initiatives to Automate Their Manufacturing Processes and Enhance Competitiveness
9.4 APAC
9.4.1 China
9.4.1.1 China Holds Immense Potential for the Growth of the Smart Pneumatics Market
9.4.2 Japan
9.4.2.1 Japan’s Significant Advancements in Technology has Increased FDI Inflow in Its Industrial Sector
9.4.3 India
9.4.3.1 India Presents Huge Growth Opportunities for the IIoT Market Given Its Large-Scale Industrial Development
9.4.4 Rest of APAC
9.4.4.1 Availability of Labor at Considerably Lower Rates Than in Other Regions and the Growing Number of Production-Based Companies are the Key Factors Driving the Growth of the Market
9.5 RoW
9.5.1 Middle East
9.5.1.1 Increasing Demand From the Oil & Gas Vertical and Numerous Smart Cities Initiatives Have Boosted the Adoption of IoT in the Middle East
9.5.2 South America
9.5.2.1 Industries in South America are Also Focusing on Smart Manufacturing to Produce High-Quality End Products
9.5.3 Africa
9.5.3.1 Increasing Investments in Infrastructure Development and Wider Adoption of Advanced Technologies Would Create Growth Avenues for the Market in the Near Future
10 Competitive Landscape
10.1 Overview
10.2 Ranking Analysis, 2017
10.3 Competitive Situations and Trends
10.3.1 Product Launches and Developments
10.3.2 Acquisition, Collaborations, and Partnerships
10.3.3 Contracts, and Expansions
11 Company Profiles
11.1 Key Players
11.1.1 Emerson Electric
11.1.2 Festo
11.1.3 Parker Hannifin
11.1.4 Bimba Manufacturing
11.1.5 Rotork
11.1.6 Mesto
11.1.7 Thomson Industries
12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
List of Tables
Table 1 Smart Pneumatics Market, By Type, 2016–2023 (USD Million)
Table 2 Smart Pneumatics Market, By Type, 2016–2023 (USD Million)
Table 3 Smart Pneumatic Valve Market, By Industry, 2016–2023 (USD Million)
Table 4 Smart Pneumatic Actuators Market, By Industry, 2016–2023 (USD Million)
Table 5 Smart Pneumatic Modules Market, By Industry, 2016–2023 (USD Million)
Table 6 Smart Pneumatics Market, By Industry, 2016–2023 (USD Million)
Table 7 Smart Pneumatics Market for Oil & Gas, By Type, 2016–2023 (USD Million)
Table 8 Smart Pneumatics Market for Oil & Gas, By Region, 2016–2023 (USD Million)
Table 9 Smart Pneumatics Market for Energy & Power, By Type, 2016–2023 (USD Million)
Table 10 Smart Pneumatics Market for Energy & Power, By Region, 2016–2023 (USD Million)
Table 11 Smart Pneumatics Market for Water & Wastewater, By Type, 2016–2023 (USD Million)
Table 12 Smart Pneumatics Market for Water & Wastewater, By Region, 2016–2023 (USD Million)
Table 13 Smart Pneumatics Market for Automotive, By Type, 2016–2023 (USD Million)
Table 14 Smart Pneumatics Market for Automotive, By Region, 2016–2023 (USD Million)
Table 15 Smart Pneumatics Market for Semiconductor, By Type, 2016–2023 (USD Million)
Table 16 Smart Pneumatics Market for Semiconductor, By Region, 2016–2023 (USD Million)
Table 17 Smart Pneumatics Market for Food & Beverages, By Type, 2016–2023 (USD Million)
Table 18 Smart Pneumatics Market for Food & Beverages, By Region, 2016–2023 (USD Million)
Table 19 Smart Pneumatics Market for Others, By Type, 2016–2023 (USD Million)
Table 20 Smart Pneumatics Market for Others, By Region, 2016–2023 (USD Million)
Table 21 Smart Pneumatics Market, By Region, 2016–2023 (USD Million)
Table 22 Smart Pneumatics Market in North America, By Country, 2016–2023 (USD Million)
Table 23 Smart Pneumatics Market in North America, By Industry, 2016–2023 (USD Million)
Table 24 Smart Pneumatics Market in Europe, By Country, 2016–2023 (USD Million)
Table 25 Smart Pneumatics Market in Europe, By Industry, 2016–2023 (USD Million)
Table 26 Smart Pneumatics Market in APAC, By Country, 2016–2023 (USD Million)
Table 27 Smart Pneumatics Market in APAC, By Industry, 2016–2023 (USD Million)
Table 28 Smart Pneumatics Market in RoW, By Region, 2016–2023 (USD Million)
Table 29 Smart Pneumatics Market in South America, By Country, 2016–2023 (USD Million)
Table 30 Smart Pneumatics Market in RoW, By Industry, 2016–2023 (USD Million)
List of Figures
Figure 1 Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Smart Pneumatics Market, in Terms of Value, 2016–2023
Figure 6 Snapshot of Smart Pneumatics Market: Smart Pneumatic Valves to Hold Larger Market Size in 2018
Figure 7 Hardware Component to Dominate Smart Pneumatics Market During Forecast Period, in Terms of Size
Figure 8 Smart Pneumatics Market for Automotive Applications to Grow at Highest CAGR During Forecast Period
Figure 9 APAC to Hold Largest Share of Smart Pneumatics Market in 2018
Figure 10 Rise in Adoption of IIoT to Create Attractive Growth Opportunities for Smart Pneumatics Market Players
Figure 11 Smart Pneumatic Actuators Market to Grow at Highest CAGR During Forecast Period
Figure 12 US to Hold Largest Share of Smart Pneumatics Market in North America By 2023
Figure 13 Automotive Industry to Dominate Smart Pneumatics Market During 2018–2023
Figure 14 APAC Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 15 Inherent Advantages Drive Smart Pneumatics Market
Figure 16 Smart Pneumatics Market: Major Value Added By Manufacturers and Component Providers
Figure 17 Smart Pneumatics Market, By Type
Figure 18 Smart Pneumatics Market for Software and Services to Grow at Highest CAGR From 2018 to 2023
Figure 19 Smart Pneumatics Market, By Type, 2017
Figure 20 Market for Smart Pneumatic Actuators to Grow at Highest CAGR From 2018 to 2023
Figure 21 Automotive to Dominate Smart Pneumatic Actuators Market By 2023
Figure 22 Smart Pneumatics Market, By Industry
Figure 23 Smart Pneumatics Market for Automotive Expected to Grow at Highest CAGR From 2018 to 2023
Figure 24 APAC to Hold Largest Share of Smart Pneumatics Market for Energy & Power During Forecast Period
Figure 25 Smart Pneumatic Modules Market for Automotive Industry to Grow at Highest CAGR During Forecast Period
Figure 26 APAC Expected to Hold Largest Share of Smart Pneumatics Market for Food & Beverages Industry By 2023
Figure 27 Smart Pneumatic Valves Market for Others to Grow at Highest Rate During Forecast Period
Figure 28 Geographic Snapshot: India Expected to Witness Significant Growth During Forecast Period
Figure 29 APAC Held Largest Share of Smart Pneumatics Market in 2017
Figure 30 North America: Snapshot of Smart Pneumatics Market
Figure 31 Europe: Snapshot of Smart Pneumatics Market
Figure 32 APAC: Snapshot of Smart Pneumatics Market
Figure 33 Product Launches and Developments Adopted as Key Growth Strategies From January 2016 to November 2018
Figure 34 Smart Pneumatics Market: Ranking Analysis (2017)
Figure 35 Emerson Electric: Company Snapshot
Figure 36 Parker Hannifin: Company Snapshot
Figure 37 Rotork: Company Snapshot
Figure 38 Metso: Company Snapshot