Global Pneumatic Conveying System Market Analysis

Market Research Future (MRFR) has published a research report about the global pneumatic conveying system market that has supposed success for this market at 6% CAGR (Compound Annual Growth Rate) during the forecast period that would end in 2022. A pneumatic conveying system is a process that is useful for transferring or injecting almost any type of bulk materials via a gas flow as the conveying medium from one or more sources to one or more destinations.

The major factors guiding the global pneumatic conveying system market growth include growing demand for material handling equipment, increasing demand for the energy-efficient pneumatic conveying system, and rapid industrialization in emerging economies. However, factors that can restrain the market growth include complex installation and high capital investment.

The global pneumatic conveying system market has witnessed a tectonic surge over the past few years, mainly due to rapid industrialization, especially in emerging nations. The surging demand for material handling equipment is likely to favor the market growth. With the expansion in waste treatment and recycling industries, rapid industrialization in the emerging nations, and an upswing in demand for energy efficient systems, the pneumatic conveying system market is likely to gain traction. Increased health-related concerns among the consumers are compelling the manufactures to use automated pneumatic conveying systems as they assure hygiene of products and also prevent contamination of the materials used.

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Segmental Analysis

The pneumatic conveying system market is segmented on the basis of type, operation, and end use.

By type, the global pneumatic conveying system market is segmented into vacuum pressure conveying, positive pressure conveying, and combined combining. Among these, the positive pressure system is predicted to gain prominence as they can operate at high pressure compared to other types of conveying systems.

By operation, the pneumatic conveying system market is segmented into dilute-phase conveying and dense-phase conveying. Among these, the dilute-phase conveying system is predicted to gain prominence as they are extensively used for incessant conveying in industries where abrasion and dilapidation of materials are not major concerns.

By end use, the market comprises ceramic, pharmaceuticals, rubber & plastic, and food. Of these, the pharmaceutical industry is likely to witness high demand for pneumatic systems due to the need to deal with risky and hazardous materials in the production area.

Key Players

The key players in the global pneumatic conveying system market include Cyclonaire Corporation (USA), Dynamic Air Inc. (USA), Flexicon Corporation (USA), Hillenbrand Inc. (USA), Macawber Engineering Inc. (USA), Nilfisk Group (Denmark), Nol-Tec Systems Inc. (USA), Schenck Process Holdings GmbH (Germany), Vac-U-Max (USA), and Zeppelin systems GmbH (Germany).

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Regional Analysis

The regional segmentation of the global pneumatic conveying system market can segment the market into the regional markets namely North America, Asia Pacific, Europe, and rest of the world (RoW). The Asia Pacific region is the most important regional market due to rapid industrialization in countries like China and India. Various economic reforms in the economies are also benefitting the market growth. Some other prominent country-specific markets in this region are South Korea and Japan, followed by remaining countries of the Asia Pacific region.

North America is the second largest regional market because due to technological advancement, many key market players are based in the USA and Canada. In terms of revenue, these two countries are the biggest markets in North America. Increased demand for energy-efficient pneumatic conveying systems is also contributing to the market growth in this region. Next important country-specific market is Mexico, followed by the remaining countries in North America.

Europe is another important regional market in this region due to the reasons the same as in North America. The prominent country-specific markets in this region are Germany, France, and the UK, followed by the remaining countries of Europe.

Also Read: https://www.marketwatch.com/press-release/pneumatic-conveying-system-market-2019-business-statistics-growth-size-share-opportunity-assessment-competitive-analysis-regional-trends-and-forecast-to-2022-2019-08-26

https://www.reuters.com/brandfeatures/venture-capital/article?id=116652

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