Pneumatic Tools Market is estimated value of USD 2915.2 million in 2023


Posted January 2, 2025 by Jameslin

Pneumatic Tools Market is anticipated to expand at a compound annual growth rate (CAGR) of 4.7% over the course of the forecast period

 
The market for pneumatic tools Market is expected to develop at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2034, from its estimated value of USD 2915.2 million in 2023 to USD 4831.5 million. These tools' strength, speed, accuracy, and safety features make them indispensable for a variety of tasks, ranging from construction and auto repair to manufacturing and carpentry.
Pneumatic or air-powered tools are those that run on compressed air from an air compressor. This apparatus uses compressed air energy as efficiently as possible to perform a range of mechanical tasks. Their higher power-to-weight ratios allow for faster operation without compromising performance when compared to their electric counterparts.

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GROWTH DRIVERS
Regulatory agencies frequently enforce safety requirements that mandate the use of particular tool types in various industries. Because of their efficiency and safety features, pneumatic instruments are usually chosen over traditional electric tools. Businesses are increasingly using pneumatic instruments to comply with the legislation. The need for these instruments is consequently rising sharply.
Demand for items with the least ecological impact has increased as a result of growing consumer and corporate awareness of climate change and environmental degradation. Pneumatic tools, which often run on compressed air, are typically less harmful to the environment in terms of emissions than electric tools, which use fossil fuels to produce electricity. This feature makes them an appealing substitute for customers who care about the environment.
MARKET SEGMENTATION:
· By Type - Wrenches, Sanders, Polishers, Drills, Grinders, Nailer, Hammer, Filer, Chipper, Others
· By Application – Industrial, Residential, Others
· By End Users - Steel & Power, Automotive, Manufacturing, Oil & Gas, Others
· By Region - North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Pneumatic Tools Market Global Key Players:
· Festo SE
· Emerson Electric Co.
· SMC Corporation
· Janatics
· Dom Pneumatic Tools
· Parker Hannifin Corp.
· Ingersoll Rand
· Koki Holdings Co. Ltd
· Chicago Pneumatic
· The 3M Company
· ROSS Controls
· Bimba Manufacturing Company (IMI PLC)
· Other Players

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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Issued By James
Country United States
Categories Construction , Manufacturing , Miscellaneous
Tags pneumatic tools market , pneumatic tools market size , pneumatic tools market share , pneumatic tools market news
Last Updated January 2, 2025