Market Share of Smart Pneumatics Industry
The market for smart pneumatics is presently in mid of fragmented and consolidateddue to the presence of low players in the market and various other companies are extensively investing in offering a wide range of technologies to the customers for application across the industries. Moreover, thesecompanies are continuously investing in adopting advanced technologies for developing valves and actuators. Key players are Emerson Electric Co., Parker Hannifin Corporation, Festo, etc. Recent developments in the market are -
- Sep 2019 -Parker Hannifin added an expanded range of features and capabilities to its H Series ISO valve platform as part of its global focus on factory automation. It is designed with a new universal manifold, where the new valves provide the opportunity to mix ISO 02, 01, 1 and 2 valve sizes on one common manifold without transition blocks. This ability enable right sizing in the field and the ISO design supports easy interchangeability for additions or changes to the valve and manifold assembly.
- Dec 2018 -The Ham-Let Group launched its first smart valve ready to connect to the Internet. The company has incorporated cloud-based technology into its products to increase reliability, reduce costs and open up new possibilities that were previously too expensive or too complex to implement. As a complete oil and gas portfolio company, Ham-Let continues to make efforts to supply unique safety solutions that bring best value in terms of total cost of ownership.
Smart Pneumatics Market Leaders
Emerson Electric Co.
Festo
Thomson Industries Inc.
Metso Corporation
Parker Hannifin
*Disclaimer: Major Players sorted in no particular order
