Global Pneumatic Conveying System Market: Introduction
Over the past few years, the material handling industry has seen tremendous change as a result of rising production automation. In order to keep up with the quickly evolving industrial techniques, such robotics, there has been a considerable increase in the demand for strong and innovative material handling systems.
The material handling industry is anticipated to experience strong expansion over the forecast period as a result of these specialised and sophisticated handling demands.
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Conveying systems form an important part of material handling industry. Of the varied types of conveying systems available, pneumatic conveying system – a system that utilizes air flow and pressure differential to fulfill conveying operations in a closed environment, finds its application for conveying powder, granules, abrasive and other dry bulk materials in various end use industries such as food & beverages, pharmaceuticals, manufacturing, chemicals, metal & mining and pulp & paper.
The pneumatic conveying system uses pressure difference and flow of air or other gases as the driving force for the conveying system. This is usually supplied by an air mover and kept under control for desired applications. The market for pneumatic conveying system is expected to witness healthy growth over the forecast period, owing to various advantages it offers over the existing conventional mechanical systems.
Pneumatic conveying systems are more flexible than existing mechanical systems, occupy less space and provide enclosed space for transportation. Another major advantage of a pneumatic conveying system over a mechanical one is the relatively low maintenance cost, which is due to the fact that pneumatic conveying systems have less number of moving parts.
Global Pneumatic Conveying System Market: Market Dynamics
Owing to the stabilized growth of global economy and of end-use industries such as food & beverages, chemicals, pharmaceuticals, pulp & paper, steady growth in sales of pneumatic conveying systems is expected over the forecast period. Developing nations such as China, ASEAN, India and South Africa are expected to be the major contributors for the market growth.
Benefits offered by pneumatic conveying systems, such as low maintenance costs, less space requirement for installation, durability and flexibility will be the key factors driving the focus of customers towards pneumatic conveying systems over other systems available in the market. Thereby, driving the growth of the global pneumatic conveying system market. Installation and MRO services are expected to hold significant shares of the total revenue generated in the global pneumatic conveying system market and drive the market growth.
Factors that can hamper the growth of pneumatic conveying system market include large power requirements to drive the conveyor, continuous monitoring and change in air pressure and requirement of larger dust collection systems than other available systems in the market. Furthermore, sluggish growth in some of the end-use industries such as metal & mining industries pose challenge to the growth of global pneumatic conveying systems market.
Global Pneumatic Conveying System Market: Market Segmentation
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Global Pneumatic Conveying System Market: Region-wise Outlook
North America and Europe are expected to collectively account for over half of the revenue generated in the global pneumatic conveying system market. The U.S., U.K., Germany, France and Spain are expected to be the major contributors to the growth of the market.
Asia Pacific is expected to hold significant market share in the global pneumatic conveying systems market over the forecast period. The market in the region is expected to witness high value CAGR over the forecast period. China, Japan, India and ASEAN are expected to witness significant growth opportunities owing to favorable macro-economic factors and rapid industrialization taking place in these countries.
Middle East and Africa and Latin America are expected to hold nominal market share in the global pneumatic conveying system market. Turkey and South Africa are expected to emerge as key countries holding significant opportunities for the growth of pneumatic conveying systems market in the region. The markets in Middle East & Africa and Latin America are expected to witness moderate growth over forecast period.
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Global Pneumatic Conveying System Market: Market Participants
Examples of some of the market participants in the global pneumatic conveying system market include:
- Nol-Tec Systems, Inc.
- VAC-U-MAX
- Flexicon Corporation
- Schenck Process Holding GmbH,
- Indpro Engineering Systems Pvt. Ltd.
- Whirl-Air-Flow Corporation
- FLSmidth Inc.
- Jenike & Johanson
- HAF Equipment, Inc.
- Industrial Accessories Company
- Pace Company
- Nilfisk Group
- Zeppelin Systems Singapore Pte Ltd
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K., Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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