Market
Highlights
The key reasons for the preference of pneumatic conveying system over
alternative mechanical systems are that they are economical to install and
operate, pneumatic systems are totally enclosed and if required can operate
entirely without moving parts coming into contact with the conveyed material.
Being enclosed these are relatively clean, more environmentally acceptable and
simple to maintain. In addition, the pneumatic conveying systems are easy to
expand and can convey a product at any place where the pipeline is present.
Rising concerns regarding health and safety issues associated with
infected food will drive the growth of global pneumatic conveying system
market. However, complex installation and high capital investment are the major
restraints for the market growth.
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.
Segmental
Analysis
Based on types, the market is segmented as positive pressure conveying,
vacuum pressure conveying and combined conveying. Positive pressure technology
is expected to account for majority of the share due to its use in
transportation of heavy materials to longer distances.
On the basis of operations, the market is bifurcated as dense-phase
conveying and dilute-phase conveying, with latter expected to account for the
largest market.
Based on end-use, the market is segmented as pharmaceuticals, ceramic,
food and rubber & plastics. In which, pharmaceutical and food account for
over 50% of market share.
While, Asia-Pacific is expected to dominate the global pneumatic
conveying system market with highest CAGR owing to rapid industrialization in
the region.
Asia-Pacific
has the largest market share
Asia-Pacific region is expected to witness high growth in pharmaceuticals
and food industries, due to rapid industrialization in the countries such as
China and India. It is followed by North America, in which U.S is expected to
be the largest market owing to increased demand for material handling equipment
and energy-efficient pneumatic conveying systems in the region.
Key
Players
The key players of the global pneumatic conveying system market are
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.).
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