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 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.
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).
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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