Pneumatic Actuator Market Size, Share, Demand & Growth during Forecast to 2031

Sagargunjal88927 Jan, 2023Business

The global pneumatic actuator market is expected to grow at a CAGR of more than 5% through 2031. With the surge in application across various sectors such as industrial automation, transportation, and offshore, to name a few, demand for pneumatic actuators has grown exponentially in recent years. Though the COVID-19 outbreak temporarily slowed the growth of the pneumatic actuator market in early 2020, the steady recovery of the key application sectors is expected to allow the market to regain momentum in the coming years.