Pneumatic Tube System MarketPneumatic Tube System Marketis expected to reach USDUSD 3,465 millionbillion by 2028 from USDUSD 2,128 Millionbillion in 2021 at a CAGR of6.9%% over the forecast period 2022-2028. The pneumatic tubes systems are the capsule pipes used to push the cylindrical containers through the network with the help of compressed air or partial vacuum.
The pneumatic tubes are used to transport solids, unlike conventional pipes that can carry only liquids.These pneumatic tubes are used for transporting medicines, laboratory samples, and blood products as the system purify compressed air, automatically keeping the tool clean and free of impurities. The pneumatic system is widely used in mines and other industries to bring parts to a dangerous area as they are easy to maintain and do not receive electricity thus reducing the chances of burns. The installation of Pneumatic Tube Systems in the BFSI sector and in other high-cost organizations such as warehouses, grocery stores, casinos, petrol stations ensure safe, reliable, efficient, and cost-effective transfers in a short period of time and reduce corporate internal exposure and external theft.The Pneumatic Tube System market is mainly driven by the need for automation in industry-wide inventory, automated medical growth for reproducibility and accuracy, the emerging e-commerce industry, and improved productivity enabled by advanced supply chain processes. The primary factor driving the Pneumatic Tube Systems market is the strong research and development in tube systems.
One of the drawbacks of Pneumatic Tube Systems is product damage caused during transport, especially in the medical field. Blood samples are delivered in tubes that alter blood formation. This can serve as a barrier to market growth for pneumatic tube systems during forecasting. Though, increased acceptance of automated solutions in pharmacies and laboratories also improves the market for Pneumatic Tube Systems. Increased adoption of automated systems in the field of warehouse management, secure transfer operations and increased use in the hospital segment to transfer emergency samples, documents that reduce the risk of contamination are factors that promote the growth of the Pneumatic Tube System market.
The Pneumatic Tube System market is segmented on the basis of configuration into the single-line system, point-to-point system, and multi-line system. The multi-line system is to hold the largest share of the market over the forecast period. While based on function, it is either fully automated or semi-automated. The end-users of the Pneumatic Tube System market can be categorized as industrial, commercial, medical, and healthcare. Growing medical automation promises growth in the medical and healthcare sector. The pneumatic tube market can also be divided based on type into single-phase and three-phase systems.
The Pneumatic Tube System market can also be bifurcated depending upon geographical regions into North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. Asia Pacific is expected to hold the largest share of global Pneumatic Tube Systems at the time of forecasting. North America uses a pneumatic tube system in drive-up banks, to transport cash with documents between cars and accountants. In addition, Asia Pacific is estimated to grow at the highest rate during the forecast period.
The key market players in the Pneumatic Tube System market are Swisslog Holding (Switzerland), Aerocom Systems (Germany), Quirepace (UK), Pevco (US), Eagle Pneumatic (US), Telecom Bedrijfscommunicatie (Netherlands), Kelly Systems (US), Siebtechnik (Germany), Airlink International (US), Hamilton Security (US), Hanazeder Electronic (Austria), Hanter Ingenjörsteknik (Sweden), Colombo {{keyword}}s (US), Oppent (Italy), Air-Log (Germany), S&S Engineering (Japan), Zip Pneumatics (US), Thalmayr (Austria), and Lamson Group (US).
Feb 13, 2024
