A pneumatic conveying system is an economical method of transporting materials from one point to another than alternative mechanical systems, which includes belt conveyors, screw conveyors, vibrating conveyors etc. The growth of global pneumatic conveying system market can be attributed to the increasing demand for energy-efficient pneumatic conveying system and rapid industrialization in developing economies. A pneumatic conveying system is the process by which bulk materials of almost any type are transferred or injected using a gas flow as the conveying medium from one or more sources to one or more destinations. Air is the most commonly used gas but may not be used with reactive materials.
The growth of global pneumatic conveying system market can be attributed to factors such as rapid industrialization in emerging economies and growing demand for material handling equipment. In addition, increasing demand for energy-efficient pneumatic conveying system is expected to fuel the market growth. However, high capital investment and complex installation are the major restraints to the growth of market.
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Hillenbrand Inc. (U.S.), Flexicon Corporation (U.S.), Nilfisk Group (Denmark), Cyclonaire Corporation (U.S.), Dynamic Air Inc. (U.S.), Schenck Process Holdings GmbH (Germany), Vac-U-Max (U.S.), Zeppelin systems GmbH (Germany), Macawber Engineering, Inc. (U.S.) and Nol-Tec Systems, Inc. (U.S.) are some of the leading players operating in this market.
Pneumatic Conveying System Industry Segmentation
The global pneumatic conveying system market is segmented on the basis of type, operation, end-use and regions.
On the basis of type, the market is further segmented into positive pressure conveying, vacuum pressure conveying and combined conveying.
On the basis of operation, the industry is segmented into dense-phase conveying and dilute-phase conveying.
On the basis of end- use, the industry is segmented into pharmaceutical, ceramic, food, rubber & plastic.
By regions, the pneumatic conveying system industry is segmented such as, Asia-Pacific, North America, Europe, Rest of World
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Asia-Pacific is the leading market and anticipated to grow approximately at XX% CAGR during the forecast period. It is due to rapid industrialization in countries such as China and India. Also, the favorable reforms for the growth of manufacturing sector which includes food, pharmaceuticals and ceramic.
It is followed by North America, where U.S is expected to be the largest market owing to increased demand for energy-efficient pneumatic conveying systems in the region.
Study objectives of Global Pneumatic Conveying System Market
To provide detailed analysis of the market structure along with forecast for the next ten years of various segments and sub-segments of the global pneumatic conveying system market
To provide insights about factors affecting the market growth
To analyze global pneumatic conveying system market based on various tools such as Price Analysis, Supply Chain Analysis, Porters Five Force Analysis
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Asia-Pacific, North America, Europe, Rest of World
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by capacity, by technology and by region
To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global pneumatic conveying system market
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