The smart pneumatics market has seen considerable growth due to a variety of factors.
•The market size for smart pneumatics has experienced robust growth in the past few years. The projections indicate an increase from $4.67 billion in 2024 to $4.96 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%.
A variety of factors have contributed to this growth during the historical period, including the rising demand for industrial automation, increased focus on energy efficiency, the need for predictive maintenance, the affordability of solutions, and the emergence of digital twins.
The smart pneumatics market is expected to maintain its strong growth trajectory in upcoming years.
• The intelligent pneumatics market is predicted to witness robust expansion in the upcoming years, with its value projected to reach $6.4 billion in 2029, growing at a CAGR of 6.6%.
This growth during the forecast period could be due to a surge in healthcare spending, an increasing older population, an expanding healthcare infrastructure and enhanced precision and durability. Leading trends for the forecast period comprise the incorporation of artificial intelligence (AI), the integration of edge computing, the adoption of cloud-based solutions, the implementation of cybersecurity protocols, and the use of predictive diagnostics and health monitoring.
The growth of the smart pneumatics market is projected to be boosted by rising production of commercial vehicles. These vehicles, authorized for carrying materials or goods rather than passengers, employ smart pneumatics in critical systems like braking, suspension, and gearbox. This technology contributes significantly to predictive maintenance, monitoring, and enhancement of overall equipment efficiency. For instance, data from the Society of Motor Manufacturers and Traders (SMMT), a trade association based in the UK, indicated that in September 2024, the production of commercial vehicles increased by 5.8%, from 74,505 in 2023 to 78,805 units in 2024. Thus, this surge in commercial vehicle production is acting as a major catalyst for the expansion of the smart pneumatics market.
The smart pneumatics market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Distribution Channel: Direct, Indirect
3) By Industry: Oil And Gas, Energy And Power, Water And Wastewater, Automotive, Semiconductor, Food And Beverage
Subsegments:
1) By Hardware: Pneumatic Cylinders, Sensors And Actuators, Valves, Compressors, Connectors And Fittings
2) By Software: Control Software, Monitoring Software, Analytics Software, Simulation Software
3) By Services: Maintenance And Support Services, Installation And Commissioning Services, Consulting Services, Training Services
Leading enterprises in the smart pneumatics market are driving innovation by generating new products like electric and pneumatic automation platforms. Such platforms are aimed at amplifying efficiency, control, and functionality in automated systems. By merging electrical and pneumatic elements, these platforms provide improved flexibility and accuracy for industrial automation procedures, boosting general productivity and system monitoring. For example, in September 2023, Festo, an automation firm based in Germany, introduced CPX-AP-A, an electric and pneumatic automation platform. CPX-AP-A acts as a central data transmitting and system structuring communication interface. This distributed input/output (I/O) solution is intended to augment automation performance and flexibility by leveraging the advantages of both electric and pneumatic technologies.
Major companies operating in the smart pneumatics market include:
• Cypress Envirosystems Inc.
• Siemens AG
• Schneider Electric SE
• Honeywell International Inc.
• Mitsubishi Heavy Industries Ltd.
• ABB Ltd.
• Eaton Corporation plc
• Emerson Electric Co.
• Parker Hannifin Corporation
• Rockwell Automation Inc.
• Bosch Rexroth AG
• SMC Corporation
• Festo Inc.
• IMI Precision Engineering Ltd.
• SICK AG
• AirTAC International Group
• Rotork plc
• Camozzi Automation Spa
• Ham-Let Group
• CKD Corporation
• Basso Industry Corp
• Norgren Inc.
• Thomson Industries Inc.
• Clippard Instrument Laboratory Inc.
• Bimba Manufacturing Company
• Advanced Pneumatics Inc.
Asia-Pacific was the largest region in the smart pneumatics market in 2024 and is expected to be the fastest-growing region in the smart pneumatics market report forecast period. The regions covered in the smart pneumatics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.