Pneumatic Conveying Systems Market to Witness a Growth at CAGR of 6.4% in 2028
The Global Pneumatic Conveying Systems Market is set to reach and flourish from USD 7.18 Billion in 2021 to USD 11.8 Billion in 2028 growing at a Compound Annual Growth Rate (CAGR) of 6.4%. The pneumatic conveying system is a bulk cargo handling system. It is a method of the solid mass transport through a pipe through the use of airflow or other gas. These systems work effectively in a wide range of materials that take on a variety of features, including compact structures, bulk density, and particle structure.
The Pneumatic System Market is mainly used to transport materials such as powders, pellets, and granules from source to destination using pressure transfer systems or vacuum with minimal efficiency and minimal loss. This method helps to transport a wide variety of materials used in various industries such as food, medicine, power generation, metals, mines, and pottery among others. This has led to an increase in the installation of air-conditioning systems in all industries. Pneumatic systems are experiencing growing demand because they offer fewer benefits such as convenience, high reliability, a wide range of products with a single sender, easy transmission line, and custom and mobile mobility compared to conventional transmission programs. Because of these features, air-conditioning systems now occupy a position where they can be an effective alternative to conventional heavy-duty transport systems.
With the emergence of a number of alternatives such as electromechanical and hydraulic systems, wind transmission systems have withstood the test of time and have been able to detect the growing demand from critical industries for end-to-end use. These standard systems provide the best solution for certain situations. However, pneumatic transmission remains the main transfer option in many industries that include the production of low and high volumes in the fields of pharmaceuticals, plastics, and food and beverage.
The main driver of the aviation market is the proliferation of industries seen in all regions to satisfy the need of end-users in a variety of applications. The hygiene provided by this program will enhance the growth of this market. The limits of the global air transfer market are the availability of other transmission systems, which include ball transmission, magnetic chain, overhead, etc. The Increased acquisition will affect the growth of the air transport market. The market segment of the pressure-sensitive system is estimated to dominate the market, technically. The need for a constructive pressure system is motivated by the breadth of its use as well as the growing demand for long-distance transportation.
Rapid industrial development in emerging economies such as India, Saudi Arabia, the UAE, South Africa, and Brazil, as well as high demand for processed foods, may also be among the major driving factors. In addition, the growth of industries such as food and beverage, manufacturing, electronics, pharmaceuticals, pulp and paper, and chemicals and petrochemicals, is also expected to increase the demand for these ventilation systems.
Asia-Pacific is estimated to be leading the market for air transport systems, in terms of growth rate and market size. High growth in the energy, food and beverage and pharmaceutical sectors, as well as new and effective policy reforms to support the growth of the manufacturing sector in India and China, are key driving forces in the region. The US is estimated to be the largest market in the world and will grow at a high CAGR. China is expected to follow, registering the highest growth rate at the same time.
The major key players operating in the global pneumatic conveying market include - Nilfisk Group (Germany), Dynamic Air Inc., OEM (Hillenbrand Inc. (U.S.), Zeppelin Systems GmbH (Germany), and Schenck Process Holding GmbH (Germany).
Browse the full Report - Pneumatic Conveying Systems Market by Technology (Positive pressure conveying, Vacuum pressure conveying, Combination conveying), by Operation (Dense-phase conveying, Dilute-phase conveying), by Industry (Manufacturing, Power Generation, Pharmaceuticals, Food & Beverage), by Chemicals (Petrochemicals, Metals minerals & ceramics, Plastic and rubber, Pulp and paper), by Region (North America, Europe, Asia Pacific, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)