Pneumatics would be to slow to change directions, the volume of air for the force needed has to pass through lines and fittings etc. Hydraulics on the other hand could change direction instantly and controlled for holding, accelerating, and stopping. It could be run off of an accumulator, that could be kept charged by a constant pump on a pressure switch. A few good solenoid control valves would be the way to control it electrically. It would take some math to compute the pump flow required, per cyl size, per force needed @ flow velocity to choose pump. And pi x (radius squared of piston) times line pressure to get force available from cyl. Then it could all be adjusted for the weight of the assembly to make assembly movement more neutral at the servo. Most of the big Lathes that I worked on used the hyd system to lift the tool carousel, and they can move FAST !
With air, think about how long it takes to let the air out of a tire !
Don
IH v-3 early model owner