Market Overview

The global air motor market is expected to grow at a CAGR of over 5% during the forecast period (2021-2026). Air motors are highly preferred in the industrial sector due to their efficiency, high torque output, and low maintenance requirements. These motors are extensively used in various applications such as pumps, compressors, and conveyors, among others.

Meaning

Air motors are a type of rotary actuator that uses compressed air to generate mechanical energy. They operate by converting the pressure of compressed air into mechanical motion, which can be used to drive machinery and equipment. These motors are highly efficient, lightweight, and require little to no maintenance, making them a popular choice in various industries.

Executive Summary

The air motor market is expected to witness significant growth during the forecast period, driven by factors such as increasing demand for energy-efficient and cost-effective motors, rising automation in industrial processes, and growing adoption of air motors in various applications. Additionally, the development of new technologies and the introduction of advanced products by market players are expected to further drive market growth.

Important Note: The companies listed in the image above are for reference only. The final study will cover 18–20 key players in this market, and the list can be adjusted based on our client’s requirements.

Key Market Insights

• The global air motor market is expected to reach USD 1.5 billion by 2026, growing at a CAGR of over 5% during the forecast period.
• Pneumatic air motors are expected to hold the largest share of the market, owing to their high efficiency and low maintenance requirements.
• The industrial sector is expected to hold the largest share of the market, due to the widespread adoption of air motors in various applications such as pumps, compressors, and conveyors, among others.
• Asia-Pacific is expected to witness significant growth during the forecast period, driven by factors such as rapid industrialization, increasing automation in industrial processes, and growing demand for energy-efficient and cost-effective motors.

Market Analysis

The global air motor market is segmented based on type, power, end-user, and region.

Based on type, the market is segmented into pneumatic air motors and hydraulic air motors. Pneumatic air motors are expected to hold the largest share of the market, owing to their high efficiency and low maintenance requirements.

Based on power, the market is segmented into less than 1 HP, 1-5 HP, and more than 5 HP. The less than 1 HP segment is expected to hold the largest share of the market, owing to the widespread adoption of air motors in small machinery and equipment.

Based on end-user, the market is segmented into industrial, automotive, and others. The industrial sector is expected to hold the largest share of the market, due to the widespread adoption of air motors in various applications such as pumps, compressors, and conveyors, among others.

Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is expected to witness significant growth during the forecast period, driven by factors such as rapid industrialization, increasing automation in industrial processes, and growing demand for energy-efficient and cost-effective motors.

Market Drivers

• Increasing demand for energy-efficient and cost-effective motors
• Rising automation in industrial processes
• Growing adoption of air motors in various applications

Market Restraints

• High initial cost of air motors compared to conventional motors
• Limited availability of skilled technicians for air motor maintenance

Market Opportunities

• Development of new technologies and advanced products by market players
• Growing demand for air motors in emerging economies

Market Dynamics

The global air motor market is highly competitive and is dominated by a few major players. The market is characterized by the presence of several small and medium-sized players, who compete with each other and with the major players on the basis of product quality, price

North America and Europe are expected to witness moderate growth during the forecast period, owing to the mature industrial sectors in these regions. The automotive industry is expected to be a key end-user in these regions, due to the widespread adoption of air motors in automotive applications such as power windows, power seats, and sunroofs, among others.

Latin America and the Middle East & Africa are expected to witness slow growth during the forecast period, owing to the limited adoption of air motors in these regions and the presence of a large number of conventional motor manufacturers.

Competitive Landscape

Leading Companies in the Air Motor Market:

1. Atlas Copco AB
2. Parker Hannifin Corp
3. Ingersoll-Rand plc
4. Gast Manufacturing, Inc.
5. Jiangsu Sanhe Machinery Co., Ltd.
6. Deprag Schulz GmbH u. Co.
7. Globe Airmotors
8. Strainsert Company
9. Sir Meccanica
10. Jergens, Inc.

Please note: This is a preliminary list; the final study will feature 18–20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.

Segmentation

Based on type:

• Pneumatic air motors
• Hydraulic air motors

Based on power:

• Less than 1 HP
• 1-5 HP
• More than 5 HP

Based on end-user:

• Industrial
• Automotive
• Others

Category-wise Insights

Based on the end-user category, the industrial sector is expected to hold the largest share of the market, due to the widespread adoption of air motors in various applications such as pumps, compressors, and conveyors, among others. The automotive sector is expected to witness moderate growth during the forecast period, owing to the adoption of air motors in automotive applications such as power windows, power seats, and sunroofs, among others.

Based on the power category, the less than 1 HP segment is expected to hold the largest share of the market, owing to the widespread adoption of air motors in small machinery and equipment. The more than 5 HP segment is expected to witness significant growth during the forecast period, owing to the growing demand for high-power air motors in heavy machinery and equipment.

Based on the type category, the pneumatic air motors segment is expected to hold the largest share of the market, owing to their high efficiency and low maintenance requirements.

Key Benefits for Industry Participants and Stakeholders

• In-depth analysis of the global air motor market and its various segments
• Detailed insights into the key market drivers, restraints, opportunities, and challenges
• Comprehensive analysis of the competitive landscape and market players
• Strategic recommendations for industry participants and stakeholders to gain a competitive edge in the market

SWOT Analysis Strengths:

• Highly efficient and cost-effective
• Low maintenance requirements
• Suitable for various applications in the industrial and automotive sectors

Weaknesses:

• High initial cost compared to conventional motors
• Limited availability of skilled technicians for air motor maintenance

Opportunities:

• Development of new technologies and advanced products by market players
• Growing demand for air motors in emerging economies

Threats:

• Intense competition from conventional motors
• Fluctuations in raw material prices

Market Key Trends

• Growing adoption of energy-efficient and cost-effective motors
• Increasing automation in industrial processes
• Development of advanced products by market players

• Rising demand for air motors in various applications

Covid-19 Impact

The Covid-19 pandemic has had a mixed impact on the air motor market. On one hand, the pandemic has resulted in a slowdown in industrial production and a decline in demand for air motors in various industries. On the other hand, the pandemic has also led to an increase in demand for air motors in the healthcare industry, owing to their use in various medical equipment such as ventilators.

Key Industry Developments

• In May 2021, Atlas Copco AB launched a new range of air motors that are designed to meet the requirements of the food and beverage industry.
• In September 2020, Parker Hannifin Corporation launched a new range of air motors that are designed for use in hazardous environments.

Analyst Suggestions

Industry analysts suggest that market players should focus on product innovation and development, strategic partnerships and collaborations, and mergers and acquisitions to gain a competitive edge in the market. Additionally, they recommend that market players should focus on expanding their presence in emerging economies, such as China and India, to capitalize on the growing demand for air motors in these regions.

Future Outlook

The global air motor market is expected to witness significant growth during the forecast period, driven by factors such as increasing demand for energy-efficient and cost-effective motors, rising automation in industrial processes, and growing adoption of air motors in various applications. Additionally, the development of new technologies and the introduction of advanced products by market players are expected to further drive market growth.

Conclusion

In conclusion, the global air motor market is expected to witness significant growth during the forecast period, driven by factors such as increasing demand for energy-efficient and cost-effective motors, rising automation in industrial processes, and growing adoption of air motors in various applications. The Asia-Pacific region is expected to witness the highest growth during the forecast period, owing to the rapid industrialization and growing demand for energy-efficient and cost-effective motors in the region. However, market players should also focus on expanding their presence in other regions and developing new technologies and advanced products to gain a competitive edge in the market.