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Sliding Vane Air Motor Market Report by Application (Tools, Industrial Equipment, and Others), End Use Industry (Automotive, Manufacturing, Healthcare, and Others), and Region 2024-2032
Market Report I 2024-08-10 I 149 Pages I IMARC Group
The global sliding vane air motor market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.49% during 2024-2032. The rising demand for enhanced tools with fastening capabilities and variable torque for cutting, drilling, and other purposes, along with the growing investments in superior industrial tools, are primarily bolstering the market.
Global Sliding Vane Air Motor Market Analysis:
- Major Market Drivers: The growing adoption of sliding vane air motors, owing to their capacity to perform in moist environments, optimal safety, enhanced flexibility, high reliability, etc., is one of the key drivers fueling the global market. Besides this, the shifting preferences from electric motors towards sliding vane air motors are also acting as significant growth-inducing factors.
- Key Market Trends: The emerging popularity of compact, easy-to-install, and lightweight sliding vane air motors, as they can efficiently work in several hazardous settings with reduced fuel consumption, represents one of the emerging trends propelling the sliding vane air motor market share. Moreover, they are extensively utilized, on account of their maintenance and high power-to-weight ratio, which is projected to fuel the sliding vane air motor market over the forecasted period.
- Geographical Trends: According to the sliding vane air motor market research report, Asia-Pacific currently dominates the global market. The increasing usage of sliding vane air motors in industrial tools that are adopted in the manufacturing and automotive sectors is positively impacting the regional market. Additionally, extensive investments in R&D activities will continue to catalyze the sliding vane air motor market in the Asia Pacific region over the foreseeable future.
- Competitive Landscape: Some of the leading players in the global sliding vane air motor market include Atlas Copco AB, Bibus AG, Deprag Schulz GmbH u. Co., Ferry Produits, Globe Airmotors, Ingersoll Rand, Parker Hannifin Corporation, Sanei Co. Ltd., and Sommer-Technik GmbH, among many others.
- Challenges and Opportunities: Some of the key challenges hampering the sliding vane air motor market price include high energy consumption, problems related to air leakage, and limited scope in heavy-duty applications. However, the rising inclination towards superior industrial systems and continuous technological advancements are expected to propel the global market in the coming years.
Global Sliding Vane Air Motor Market Trends:
The Rising Industrial Automation Trend
The increasing focus of key players on making industrial processes more effective and efficient is augmenting the demand for sliding vane air motors. According to the Industrial Energy Accelerator, nearly 70% of all electrical energy consumed by numerous industries is used by various electrical motors that are installed globally. Consequently, leading producers in these industries are emphasizing on adopting superior industrial tools that are energy-efficient, thereby driving the global market. Moreover, as sliding vane air motors provide a high power-to-weight ratio and are easy to maintain, they are widely utilized in several industrial processes. Ingersoll Rand, a global leader with a comprehensive offering of products that maintain optimal standards of quality, develops both pneumatic tools and battery-powered cordless tools that are specifically designed to deliver superior performance. In line with this, these tools perform specific tasks with higher precision, speed, and consistency, thereby making them indispensable in several industrial processes.
Favorable Government Policies
The launch of numerous favorable policies by government bodies to expand manufacturing facilities and promote the adoption of superior industrial tools that can efficiently work in a wide array of hazardous settings with low fuel consumption is propelling the market growth across countries. For example, according to the Ministry of Industry and Information Technology, government bodies in China introduced numerous smart manufacturing pilot projects. As per the 13th five-year plan, the country aims to develop its intelligent manufacturing system and complete the critical industry transformation by 2025. Consequently, automakers in the country are expanding their manufacturing facilities in China, which in turn, is augmenting the demand for enhanced and energy-efficient equipment in industrial processes.
Key Prominent Players
The rising number of leading players who are focusing on launching enhanced sliding vane air motor variants with improved capabilities is primarily driving the market growth. For instance, Deprag Schulz GmbH u. Co. develops pneumatic motors that offer alternatives for drive- and control tasks for all industry areas. In line with this, its Advanced Line Air Motors, made from stainless steel, are utilized in areas where high hygiene requirements are necessary. These air motors are especially suited for use in numerous industries, including food and beverage, medical, pharmaceuticals, chemical, etc.
Global Sliding Vane Air Motor Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on the application and end use industry.
Breakup by Application:
- Tools
- Industrial Equipment
- Others
The report has provided a detailed breakup and analysis of the market based on the application. This includes tools, industrial equipment, and others.
Sliding vane air motors are equipped with pneumatic grinders, pneumatic drills, impact wrenches, and pneumatic sanders, among other tools. Sliding vane air engines are suitable for moving these hand-held tools, as they are small and have high torque. This, in turn, makes them easy to use and accurate. In addition, they find widespread applications in places where managed and stable power is needed. Sliding vane air motors are also adopted in mixers, hoists, winches, conveyor systems, pumps, agitators, etc.
Breakup by End Use Industry:
- Automotive
- Manufacturing
- Healthcare
- Others
Currently, automotive exhibits a clear dominance in the market
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes automotive, manufacturing, healthcare, and others. According to the report, automotive accounted for the largest market share.
Sliding vane air motors are widely utilized in numerous systems and processes across the automobile business, which is primarily driving the market growth in this segmentation. They are adapted to move pneumatic tools, moving belts, lifting equipment, etc., on assembly lines for cars. Furthermore, sliding vane air engines are also utilized for running paint booths and making tires. Owing to their high-power output, steady performance, and small size, they are widely used in the production of cars. This, in turn, is acting as another significant growth-inducing factor for the segmentation.
Breakup by Region:
- North America
o United States
o Canada
- Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
- Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
- Latin America
o Brazil
o Mexico
o Others
- Middle East and Africa
Asia-Pacific leads the market, accounting for the largest sliding vane air motor market share.
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific accounted for the largest market share.
The increasing number of offshore and onshore drilling activities in the Asia-Pacific region is propelling the demand for sliding vane air motors, as they can work precisely and reliably in harsh settings. For example, in October 2022, government bodies in India announced to set up 42 oil and gas blocks for exploration and R&D activities via international competitive bidding. Moreover, India will more than double the area under production of oil and gas to 0.5 million sq. km. by 2025 and 1 million sq. km. by 2030, thereby intending to cut reliance on imported fuel and raise domestic output. This, in turn, will create a favorable outlook for sliding vane air motors in the oil and gas industry, as they are widely adopted to drive equipment, including compressor systems and pumps.
Competitive Landscape:
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
- Atlas Copco AB
- Bibus AG
- Deprag Schulz GmbH u. Co.
- Ferry Produits
- Globe Airmotors
- Ingersoll Rand
- Parker Hannifin Corporation
- Sanei Co. Ltd.
- Sommer-Technik GmbH
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Global Sliding Vane Air Motor Market News:
- February 2024: AIR, who developed eVTOLs for the consumer market, announced its partnership with Nidec Motor Corporation, a leading manufacturer of industrial, commercial, and appliance motors and controls, to introduce the motor for the production model of AIRs two-seater eVTOL aircraft, called the AIR ONE.
- November 2023: Infinitum secured US$ 185 Million Series E funding led by Just Climate to bolster industrial decarbonization by introducing sustainable motors with high efficiency.
Key Questions Answered in This Report
1. How big is the global sliding vane air motor market?
2. What is the expected growth rate of the global sliding vane air motor market during 2024-2032?
3. What are the key factors driving the global sliding vane air motor market?
4. What has been the impact of COVID-19 on the global sliding vane air motor market?
5. What is the breakup of the global sliding vane air motor market based on the end use industry?
6. What are the key regions in the global sliding vane air motor market?
7. Who are the key players/companies in the global sliding vane air motor market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Sliding Vane Air Motor Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 Tools
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Industrial Equipment
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by End Use Industry
7.1 Automotive
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Manufacturing
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Healthcare
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Atlas Copco AB
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Bibus AG
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Deprag Schulz GmbH u. Co.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Ferry Produits
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Globe Airmotors
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Ingersoll Rand
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 Parker Hannifin Corporation
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Sanei Co. Ltd.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Sommer-Technik GmbH
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
Figure 1: Global: Sliding Vane Air Motor Market: Major Drivers and Challenges
Figure 2: Global: Sliding Vane Air Motor Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Sliding Vane Air Motor Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Sliding Vane Air Motor Market: Breakup by Application (in %), 2023
Figure 5: Global: Sliding Vane Air Motor Market: Breakup by End Use Industry (in %), 2023
Figure 6: Global: Sliding Vane Air Motor Market: Breakup by Region (in %), 2023
Figure 7: Global: Sliding Vane Air Motor (Tools) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Global: Sliding Vane Air Motor (Tools) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Global: Sliding Vane Air Motor (Industrial Equipment) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Sliding Vane Air Motor (Industrial Equipment) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Sliding Vane Air Motor (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Sliding Vane Air Motor (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Sliding Vane Air Motor (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Sliding Vane Air Motor (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Sliding Vane Air Motor (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Sliding Vane Air Motor (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Sliding Vane Air Motor (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Sliding Vane Air Motor (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Sliding Vane Air Motor (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Sliding Vane Air Motor (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: North America: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: North America: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: United States: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: United States: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Canada: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Canada: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Asia-Pacific: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Asia-Pacific: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: China: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: China: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Japan: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Japan: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: India: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: India: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: South Korea: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: South Korea: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Australia: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Australia: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Indonesia: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Indonesia: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Others: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Others: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Europe: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Europe: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Germany: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Germany: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: France: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: France: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: United Kingdom: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: United Kingdom: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Italy: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Italy: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Spain: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Spain: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Russia: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Russia: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Others: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Others: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Latin America: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Latin America: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Brazil: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Brazil: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Mexico: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Mexico: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Others: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Others: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Middle East and Africa: Sliding Vane Air Motor Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Middle East and Africa: Sliding Vane Air Motor Market: Breakup by Country (in %), 2023
Figure 69: Middle East and Africa: Sliding Vane Air Motor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Global: Sliding Vane Air Motor Industry: SWOT Analysis
Figure 71: Global: Sliding Vane Air Motor Industry: Value Chain Analysis
Figure 72: Global: Sliding Vane Air Motor Industry: Porter's Five Forces Analysis
Table 1: Global: Sliding Vane Air Motor Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Sliding Vane Air Motor Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 3: Global: Sliding Vane Air Motor Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
Table 4: Global: Sliding Vane Air Motor Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Sliding Vane Air Motor Market: Competitive Structure
Table 6: Global: Sliding Vane Air Motor Market: Key Players
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