Global Pneumatic Conveying System Market – Overview
Market Research Future has published a research report about the global pneumatic conveying system market that has supposed success for this market at 6% CAGR 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 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.
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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.
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. Advancing technology in pneumatic conveyance, coupled with the high availability of advanced products which are integrated with intelligent control technology is triggering the demand from the pneumatic conveying system market.
Leading Players:
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.
Global Pneumatic Conveying System Market: 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.
By operation, the pneumatic conveying system market is segmented into dilute-phase conveying and dense-phase conveying.
By end use, the market comprises ceramic, pharmaceuticals, rubber & plastic, and food.
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.
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