17:15 | 18.11.2014
Outsourcing to the APAC Region Will Attract Increased Investments in the Global Pneumatic Equipment Market, Says TechNavio

Growing demands for material handling and mining equipment will
encourage growth in the Global
Pneumatic Equipment Market, which is expected to post a
CAGR of 4.46 percent from 2013-2018, says research firm TechNavio.

According to a new report, outsourcing of manufacturing activities to
the APAC region is one of the major trends in the market. Since the 2008
economic downturn, countries like China and India have witnessed steady
growth in their economy, which has led to the emergence of cost-driven
manufacturing companies across Asia.

“To meet the growing demand for pneumatic equipment, several
organizations in the EMEA region and the Americas are now outsourcing
their manufacturing activities to developing countries like India and
China,” says Faisal Ghaus, Vice President of TechNavio.

“The availability of low-cost labor and a skilled workforce in these
countries is the major factor leading to increased outsourcing
activities. This has also helped companies amplify their market presence
in the APAC region.”

The increase in outsourcing activities is expected to attract investment
by both domestic and international vendors in the APAC region, which
will further drive growth in the Global Pneumatic Equipment Market over
the projected period.

Key Information Covered in the Report:

Market segmentation, size and forecast through 2018

Market Growth Drivers:

Demand for Material Handling and Mining Equipment

For a full detailed list, view
our report.

Market Challenges:

High Cost of Pneumatic Equipment

For a full detailed list, view
our report.

Market Trends:

Outsourcing of Manufacturing Activities to APAC Region

For a full detailed list, view
our report.

Key Vendors:

Bosch Rexroth AG

CKD Corp.

Festo Corp.

SMC Corp.

Other Prominent Vendors:





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