Pneumatic Conveying Systems Market is estimated to be US$ 9.38 billion by 2027 with a CAGR of 4.5% during the forecast period
The report "Global Pneumatic
Conveying Systems Market, By Product (Dense phase conveying, Dilute phase
conveying), By Technology (Vacuum Conveying Systems, Pressure Conveying
Systems, and others), By Application (Construction, Chemical Industry, Food
Industry, and others), and By Region (North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa) - Trends, Analysis and Forecast
till 2030’’
Key Highlights:
• In 2021, Hatch has released PneuCalc 7.0.0, an
all-in-one programme that allows engineers and practitioners working with
pneumatic conveying systems to design and diagnose both pressure and vacuum
systems more efficiently.
Analyst View:
Consumer health and safety concerns are driving
businesses in a variety of industries to utilise automated pneumatic conveying
systems, which maintain product cleanliness by preventing contamination of the
materials used. Furthermore, advances in pneumatic conveyance technology, as
well as the availability of advanced goods with intelligent control technology,
are driving growing adoption of these systems. Furthermore, the use of
pneumatic conveying systems in material handling sectors has increased, which
is expected to support the market's growth throughout the forecast period.
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Key Market Insights from the report:
Pneumatic Conveying Systems Market account revenue of USD 6.08
billion in the year 2020 globally and has been foreseen to yield USD 9.38
billion by the year 2030 at a compound annual growth (CAGR) of 4.5% over the
forecast period. The global pneumatic conveying
systems market report segments the market on the basis of product, technology,
application, and region.
·
Based on
Product, Global Pneumatic Conveying Systems Market is segmented into Dense
phase conveying, Dilute phase conveying.
·
Based on
Technology, Global Pneumatic Conveying Systems Market is segmented into Vacuum
Conveying Systems, Pressure Conveying Systems, and others.
·
Based on
Application, Global Pneumatic Conveying Systems Market is segmented into
Construction, Chemical Industry, Food Industry, and others.
·
By Region, the
Global Pneumatic Conveying Systems Market is segmented into North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of
Global Pneumatic Conveying Systems Market:
Key players in the global pneumatic conveying
systems market include Hillenbrand Inc., Cyclonaire Corporation, AZO
Incorporated, DongYang P&F Co.Ltd., Nol-Tec Systems Inc, Vac-U-Max Inc,
Dynamic Air Inc, Powder Solution Group, and FLSmidth & Co. A/S.
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant Global
Pneumatic Conveying Systems Markets, and market forecasts. In addition, the
market includes recent collaborations, mergers, acquisitions, and partnerships
along with regulatory frameworks across different regions impacting the market
trajectory. Recent technological advances and innovations influencing the
global market are included in the report.
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