A pneumatic conveying system is the process by which bulk materials of almost any type are transferred or injected using a gas flow as the conveying medium from one or more sources to one or more destinations. Air is the most commonly used gas, but may not be used with reactive materials.
The growth of global pneumatic conveying system market can be attributed to factors such as rapid industrialization in emerging economies and growing demand for material handling equipment. In addition, increasing demand for energy-efficient pneumatic conveying system is expected to fuel the market growth. However, high capital investment and complex installation are the major restraints to the growth of market.
Segmental Analysis
The global pneumatic conveying system market is segmented into type, operation, end-user and region.
On the basis of type, the global pneumatic conveying system market is further segmented into positive pressure conveying, vacuum pressure conveying and combined conveying.
On the basis of operation, the market is segmented into dense-phase conveying and dilute-phase conveying.
by end-user, the global pneumatic conveying system market is further segmented into pharmaceutical, ceramic, food, rubber & plastic.
By region, the industry is segmented into Asia-Pacific, North America, Europe and Rest of World.
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Regional Analysis
Asia-Pacific is the leading market and anticipated to grow approximately at XX% CAGR during the forecast period. It is due to rapid industrialization in countries such as China and India. Also, the favorable reforms for the growth of manufacturing sector which includes food, pharmaceuticals and ceramic.
It is followed by North America, where U.S is expected to be the largest market owing to increased demand for energy-efficient pneumatic conveying systems in the region.
Key Players:
Hillenbrand Inc. (U.S.), Flexicon Corporation (U.S.), Nilfisk Group (Denmark), Cyclonaire Corporation (U.S.), Dynamic Air Inc. (U.S.), Schenck Process Holdings GmbH (Germany), Vac-U-Max (U.S.), Zeppelin systems GmbH (Germany), Macawber Engineering, Inc. (U.S.) and Nol-Tec Systems, Inc. (U.S.) are some of the leading players operating in this market.
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