Global Pneumatic Conveying Systems Market Size By Operating Principle, By End Use, By Technology, By Geographic Scope And Forecast
Published on: 2024-08-15 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Pneumatic Conveying Systems Market Size By Operating Principle, By End Use, By Technology, By Geographic Scope And Forecast
Pneumatic Conveying Systems Market Size And Forecast
Pneumatic Conveying Systems Market size was valued at USD 31.74 Billion in 2024 and is projected to reach USD 45.25 Billion by 2031, growing at a CAGR of 5% from 2024 to 2031.
Global Pneumatic Conveying Systems Market Drivers
The market drivers for the Pneumatic Conveying Systems Market can be influenced by various factors. These may include
- The food processing industry is a major driver of the market expansion since it uses pneumatic conveying systems extensively to handle food ingredients and commodities.
- Embracing Automation Increasing Requirement for Automation in Industrial Operations Pneumatic conveying systems are being adopted by many industries, including cement, chemicals, and pharmaceuticals, which demand automated material handling solutions.
- Efficiency and EconomicalOne of the main reasons pneumatic conveying systems are being used is that they provide more economical and efficient material handling solutions than conventional mechanical conveying systems.
- Tight Industrial lawsIndustries are adopting pneumatic conveying systems because they are safer and more ecologically friendly than conventional conveying systems. These laws concern worker safety and environmental protection.
- Technological Developments By increasing the effectiveness and efficiency of these systems, developments in pneumatic conveying technology, such the creation of high-pressure systems and better control systems, are propelling market expansion.
- Growing Demand from Emerging Economies The need for pneumatic conveying systems in emerging economies is being driven by their growing infrastructure and industrialization.
- Growth of sectorsThe pneumatic conveying systems market is being driven by the rise of sectors like plastics, chemicals, and pharmaceuticals, which call for effective material handling solutions.
Global Pneumatic Conveying Systems Market Restraints
Several factors can act as restraints or challenges for the Pneumatic Conveying Systems Market. These may include
- High Initial Invest Smaller businesses or sectors with limited funds may find it prohibitive to set up pneumatic conveying systems because of the large capital outlay.
- Maintenance Costs The cost of ownership might increase overall since pneumatic conveying systems need routine maintenance to operate properly.
- Installation complexity Especially in already-existing facilities, pneumatic conveying system installation might be difficult and need for extra resources and downtime.
- Energy Use Long-distance or high-capacity applications of pneumatic conveying systems can be particularly energy-intensive, which raises operating expenses.
- Material Degradation Throughout the conveying process, some materials may deteriorate or break down, which raises the expense of replacement and maintenance.
- area Requirements In facilities with little available area, pneumatic conveying systems could need a large amount of room to be installed.
- Limited Material Handling Although pneumatic conveying systems are adaptable, some industries may find them unsuitable for specific materials or applications.
- Environmental Concerns Pneumatic conveying systems might produce noise and dust emissions that need for extra precautions to be taken.
Global Pneumatic Conveying Systems Market Segmentation Analysis
The Global Pneumatic Conveying Systems Market is Segmented on the basis of Operating Principle, End Use, Technology, and Geography.
Pneumatic Conveying Systems Market, By Operating Principle
- Dilute Phase Conveying
- Dense Phase Conveying
Based on Operating Principle, the market is segmented into Dilute Phase Conveying and Dense Phase Conveying. Dilute Phase Conveying holds the largest share in the market. The Dilute Phase Conveying Operating Principle is expected to witness considerable growth in the forecasted period because these are ideal for low-density, non-abrasive, and non-fragile material and also due to their cost effectiveness, versatility, and simplest systems.
Pneumatic Conveying Systems Market, By End Use
- Food
- Pharmaceuticals
- Ceramic
- Rubber and Plastic
- Cement
- Mining (minerals)
- Others
Based on End Use, the market is segmented into Food, Pharmaceuticals, Ceramic, Rubber and Plastic, Cement, Mining (minerals), and Others. The food industry held the largest segment in this market, due to its advantages like increased productivity, less energy consumption, less risk of material spillage, high reliability, and fewer operational and maintenance cost. The mining segment is involved in extracting natural minerals like ore, coal, oil, and gas rise in the adoption of these products can cause the demand in Pneumatic Conveying Systems Market.
Pneumatic Conveying Systems Market, By Technology
- Positive Pressure
- Vacuum
- Combination Systems
Based on Technology, the market is segmented into Positive Pressure, Vacuum, and Combination Systems. The Positive Pressure dominated the market in this segment and its growth is due to its ability to operate at high pressure as compared to other conveying systems. They are also suitable for conveying heavy material over long distances. Vacuum systems are easy to design and require the least maintenance Conveying systems have advantages of both vacuum and pressure systems, convenient conveyance of materials, and certify efficient conveying procedure, which contributes to the growth of this market.
Pneumatic Conveying Systems Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of The World
On the basis of Geography, the Global Pneumatic Conveying Systems Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Europe held the largest share of the market due to increased demand for hygienic methods in the food transfer and production industry. North America is expected to show the highest growth in the forecasted period because the Food & Drug Administration (FDA) has imposed various regulations with respect to indirect contaminants in food which is expected to positively impact this market.
Key Players
The major players in the Pneumatic Conveying Systems Market are
- Altas Copco AB
- Coperion GmbH
- Flexicon Corporation
- Cyclonaire Corporation
- Dynamic Air Inc.
- Gericke AG
- Dongyang P & F
- Schenck Process Holding GmbH
- Nilfisk Group
- Piab Group
- VAC-U-MAX
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Altas Copco AB, Coperion GmbH, Flexicon Corporation, Cyclonaire Corporation, Dynamic Air Inc., Dongyang P & F, Schenck Process Holding GmbH, Nilfisk Group, Piab Group |
SEGMENTS COVERED | By Operating Principle, By End Use, By Technology, and By Geography |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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