Pneumatic Conveying Systems Market Analysis
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. 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.
Analyzing the market structure, this report forecasts the future growth potential of the market. It monitors the plans of the key market players and supports the competitive developments like new product developments, joint ventures, mergers & acquisitions, research and developments (R&D) in the market.
The major factors guiding the global Pneumatic Conveying Systems 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.
Pneumatic Conveying Systems Market Segmental Analysis
The global pneumatic conveying system market can be segmented into end-use, operation, type, and lastly, region. Based on end-use, this market has been segmented into ceramic, food, pharmaceutical, and rubber & plastic. The operation-based segmentation of this market includes dense-phase conveying and dilute-phase conveying. By type, the market has been segmented into combined conveying, positive pressure conveying, and vacuum pressure conveying.
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Regional Outlook
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.
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).
Also Read: https://www.slideshare.net/MRFR12/pneumatic-conveying-system-market-regional-trends-comprehensive-analysis-opportunity-assessment-future-estimations-by-forecast-to-2022
https://visual.ly/community/Others/business/pneumatic-conveying-system-market-analysis-current-industry-status-growth
https://issuu.com/home/published/pneumatic_conveying_system_market_29b137d85c7218
https://www.scribd.com/document/442884421/Pneumatic-Conveying-System-Market-2020-Global-Size-Share-Business-Growth-Opportunity-and-Regional-Trends-by-2022
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