Global Air Motor Market report from Global Insight Services is the single authoritative source of intelligence on Air Motor Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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An air motor is a type of motor that uses compressed air as its power source. Air motors typically have a high power-to-weight ratio and are rugged and durable, making them well-suited for use in a variety of applications, such as in automotive and aerospace industries.
Covid 19 Impact
The outbreak of COVID-19 has had a significant impact on the air motor market. The market is expected to grow at a slow pace during the forecast period. The outbreak has led to a decline in demand from end-use industries, such as automotive and aerospace, owing to the slowdown in production activities. Additionally, the outbreak has resulted in the closure of manufacturing facilities in various regions, which is expected to hamper the market growth.
Key Trends
The Air Motor Market technology is constantly evolving and improving. Some of the key trends in this market include:
1. Increased Efficiency: Air motors are becoming more and more efficient, thanks to advances in design and manufacturing. This means that they can be used for a wider range of applications, including those that require high levels of power.
2. Improved Durability: Air motors are also becoming more durable, thanks to advances in materials and construction methods. This means that they can withstand more wear and tear, and can be used in more demanding environments.
3. Greater Power: Air motors are capable of developing greater levels of power, thanks to improvements in design and manufacturing. This means that they can be used for a wider range of applications, including those that require high levels of power.
Key Drivers
The air motor market is driven by numerous factors. Firstly, the need for efficient and powerful air motors is growing rapidly in various industries such as automotive, aerospace, and manufacturing. Secondly, the cost of air motors is relatively lower than that of electric motors, making them an attractive proposition for many industries. Additionally, air motors are more efficient than electric motors and have a longer lifespan. This makes them ideal for use in applications where reliability and efficiency are critical.
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Restraints & Challenges
The air motor market is a highly competitive one with a large number of players. The key challenges in this market are:
1. Increasing cost of raw materials: The cost of raw materials used in the manufacture of air motors is constantly on the rise. This is impacting the margins of the players in the market.
2. Stringent emission norms: The emission norms for air motors are becoming increasingly stringent. This is making it difficult for the players to meet the required standards.
3. Rising competition from electric motors: The competition from electric motors is increasing as they are becoming more efficient and cost-effective. This is posing a challenge to the air motor market.
Market Segments
By Type
- Vane Air Motors
- Piston Air Motors
- Gear Air Motors
By Application
- Automotive
- Aerospace
- Chemical
- Packaging
Key Players
- Atlas Copco
- Ingersoll Rand
- Gardner Denver
- Kobelco
- Hitachi
- Fusheng
- Airex
- Airpower
- Howden
- Dresser-Rand
- ZF
- Kirloskar
- Danfoss
- Bosch Rexroth
- Yokogawa
- Fluid Power
- Aircom
- CompAir
- Tsurumi
- Kaeser
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