Overview of the Global Market for Pneumatic Linear Acting Actuators

Market Size for Pneumatic Linear Acting Actuators

In 2022, the global pneumatic linear acting actuator market increased by 1% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Pneumatic Linear Acting Actuators

In value terms, pneumatic linear acting actuator production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when the production volume increased by 14%. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Pneumatic Linear Acting Actuators

Exports

Global pneumatic linear acting actuator exports dropped to X units in 2022, with a decrease of -13.8% compared with 2021 figures. In general, total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +4.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 24% against the previous year. Over the period under review, the global exports hit record highs at X units in 2021, and then contracted in the following year.

In value terms, pneumatic linear acting actuator exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Poland (X units), distantly followed by China (X units), Germany (X units) and Italy (X units) were the largest exporters of pneumatic linear acting actuators, together achieving 74% of total exports. Hungary (X units), Japan (X units), Mexico (X units) and the Czech Republic (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of +14.3%), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Poland ($X) were the countries with the highest levels of exports in 2022, together comprising 53% of global exports.

Poland, with a CAGR of +13.3%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pneumatic linear acting actuator export price amounted to $X per unit, growing by 20% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The global export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the other global leaders experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports

In 2022, purchases abroad of pneumatic linear acting actuators increased by 0.5% to X units, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Over the period under review, global imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, pneumatic linear acting actuator imports shrank slightly to $X in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Germany represented the largest importing country with an import of around X units, which amounted to 27% of total imports. It was distantly followed by Russia (X units), mixing up a 10% share of total imports. The following importers - the United States (X units), Japan (X units), Italy (X units), Canada (X units), France (X units), China (X units), Mexico (X units), Belgium (X units), South Korea (X units), Brazil (X units) and the Netherlands (X units) - together made up 33% of total imports.

From 2012 to 2022, average annual rates of growth with regard to pneumatic linear acting actuator imports into Germany stood at +1.6%. At the same time, Russia (+20.2%), South Korea (+17.9%), Mexico (+8.3%), Canada (+6.4%), France (+4.8%), Japan (+4.0%) and Belgium (+3.7%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of +20.2% from 2012-2022. The Netherlands and Italy experienced a relatively flat trend pattern. By contrast, the United States (-1.8%), Brazil (-3.7%) and China (-4.7%) illustrated a downward trend over the same period. Russia (+8.4 p.p.) and South Korea (+1.8 p.p.) significantly strengthened its position in terms of the global imports, while Brazil, the United States and China saw its share reduced by -1.6%, -1.8% and -2.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 35% of global imports. Italy, Canada, Mexico, Japan, South Korea, France, Russia, the Netherlands, Brazil and Belgium lagged somewhat behind, together comprising a further 32%.

South Korea, with a CAGR of +14.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pneumatic linear acting actuator import price amounted to $X per unit, remaining constant against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 8.9%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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