Pneumatic Conveying System Market Grows: 8.24% CAGR
Evolve Business Intelligence has published a research report on the Global Pneumatic Conveying System Market, 2023–2033. The global Pneumatic Conveying System Market is projected to exhibit a CAGR of around 8.24% during the forecast period of 2023 to 2033.
Evolve Business Intelligence has recognized the following companies as the key players in the global Pneumatic Conveying System Market: Nol-Tec Systems, VAC-U-MAX, Flexicon, Schenck Process Holding, Indpro Engineering Systems, Whirl-Air-Flow Corporation, FLSmidth, Jenike & Johanson, HAF Equipment and Industrial Accessories Company.
More Information: https://evolvebi.com/report/pnumetic-conveying-system-market-analysis/
Market Highlights
The Global Pneumatic Conveying System Market is projected to be valued at USD 13.65 Billion by 2033, recording a CAGR of around 8.24% during the forecast period. The Pneumatic Conveying System Market involves the study and analysis of systems used to transport bulk materials through pipes using air or other gases. These systems are essential in various industries, including manufacturing, food processing, pharmaceuticals, and mining, for moving powders, granules, and other bulk materials efficiently.
The pneumatic conveying systems offer a reliable and efficient solution for transporting a wide range of materials in various industries.
The COVID-19 pandemic had a significant impact on the Pneumatic Conveying System Market. Lockdowns and restrictions led to delays in the supply of components and raw materials. There was a surge in demand for pneumatic conveying systems in the healthcare and pharmaceutical sectors due to the need for efficient handling of medical supplies, pharmaceuticals, and vaccines. The food and beverage industry also saw increased demand for automated systems to ensure continuity in production and distribution. The pandemic affected workforce availability due to health concerns and restrictions, impacting the ability to maintain and operate systems. There was a heightened emphasis on hygiene and sanitation, leading to increased demand for systems that can be easily cleaned and maintained. The pandemic accelerated the adoption of new technologies and innovations in pneumatic conveying systems, including remote monitoring and control systems to ensure operational continuity despite reduced on-site personnel.
Segmental Analysis
The global Pneumatic Conveying System Market has been segmented based on Technology and End Use and Operating Principle.
Based on Technology, the Pneumatic Conveying System Market is segmented into on Positive Pressure Systems, Vacuum Systems and Combination Systems. The Vacuum Systems segment is anticipated to dominate the market.
Based on End Use, the global Pneumatic Conveying System Market has been divided into Ceramic, Pharmaceuticals, Food, Cement and Others. The Food segment is anticipated to dominate the market.
Based on Operating Principle, the global Pneumatic Conveying System Market has been divided into Dilute Phase Conveying and Dense Phase Conveying. The Dense Phase Conveying segment is anticipated to dominate the market.
More Information: https://evolvebi.com/report/pnumetic-conveying-system-market-analysis/
Regional Analysis
The Pneumatic Conveying System Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. In North America region, The U.S. has a well-established industrial base with high demand for pneumatic conveying systems across various sectors including food and beverage, pharmaceuticals, chemicals, and plastics. Growing adoption of automation and smart manufacturing solutions and have strict regulatory standards that impact system design and operation. Canada’s market is influenced by its industrial activities in sectors like mining, oil and gas, and food processing and growing interest in advanced pneumatic systems for enhancing operational efficiency. Europe region has a mature industrial base with high demand for pneumatic conveying systems in various sectors including food and beverage, pharmaceuticals, chemicals, and automotive. Strong focus on advanced technology, including smart systems and energy-efficient solutions and have high adoption rates of automation and Industry 4.0 technologies. In Asia-pacific region, China has a significant demand for pneumatic conveying systems across multiple industries, including automotive, food and beverage, pharmaceuticals, and chemicals. Rapid growth in industrial activities and infrastructure development and increasing focus on modernization and integration of advanced technologies in manufacturing. In Latin America region, Brazil, as the largest economy in Latin America, has a diverse industrial base with significant demand for pneumatic conveying systems in sectors such as food and beverage, pharmaceuticals, chemicals, and mining. Increasing investments in modernizing facilities and integrating advanced technologies. In the Middle East and Africa region, Saudi Arabia has a strong demand for pneumatic conveying systems driven by its significant investments in oil and gas, petrochemicals, and industrial sectors. The UAE, particularly Dubai and Abu Dhabi, has a growing demand for pneumatic conveying systems in sectors such as manufacturing, food processing, and logistics.
