Industry Background:
Pneumatic Conveying System is used for transport of bulk solids through a pipe by using the flow of air and other gases. Pneumatic Conveying System market has high growth prospects due to demand for various verticals such as automation in the manufacturing sector and demand of robust and novel technologies in material handling. Further, less space requirement for installation, durability and flexibility expected to drive the market over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | VAC-U-MAX (United States), Flexicon Corporation (United States), Schenck Process Holding GmbH (Germany), Indpro Engineering Systems Pvt. Ltd. (India), Whirl-Air-Flow Corporation (United States), FLSmidth Inc. (Denmark) and Jenike & Johanson (United States) |
According to AMA, the market for Pneumatic Conveying Systems is expected to register a CAGR of 6.1% during the forecast period to 2030. This growth is primarily driven by Rapid Industrialization and Urbanization Leads to Boost the Market and Growing Automation in the Manufacturing Sector..
Globally, a noticeable market trend is evident Low Maintenance Cost as compared to Pneumatic Conveying Systems.
The Energy & Resources sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as VAC-U-MAX (United States), Flexicon Corporation (United States), Schenck Process Holding GmbH (Germany), Indpro Engineering Systems Pvt. Ltd. (India), Whirl-Air-Flow Corporation (United States), FLSmidth Inc. (Denmark) and Jenike & Johanson (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. In natural gas liquid market, it has been observed that most of the companies are upgrading or introducing different application specific products and compact pressure-vessels technology that provides more smart control features and higher efficiency rates.
Key Developments in the Market:
On October 26, 2023, FLSmidth, a leading supplier of equipment and services to the cement and minerals industries, acquired BEUMER Group, a manufacturer of bulk material handling systems including pneumatic conveying solutions.
In November 2023, Bunting Magnetics launched a new pneumatic conveyor equipped with a powerful magnetic separator to efficiently remove ferrous metals from conveyed materials during pneumatic transport.
Influencing Trend:
Low Maintenance Cost as compared to Pneumatic Conveying Systems. and MRO Services and Installations
Market Growth Drivers:
Rapid Industrialization and Urbanization Leads to Boost the Market and Growing Automation in the Manufacturing Sector.
Challenges:
Limitation Due To Strict Government Laws Are Anticipated To Challenge The Market. and Skilled Professionals required for Operation.
Restraints:
Lack of Awareness among Customers
Opportunities:
Rising Demand at Various End User Such as Food & Beverages, Pharmaceuticals and Others and Technological Advancements Such as Manufacturing Techniques Such as Robotics
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Pneumatic Conveying Systems Market
- Analysis about New Entrants in Pneumatic Conveying Systems Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Pneumatic Conveying Systems Study Sheds Light on
The Pneumatic Conveying Systems Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Pneumatic Conveying Systems industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Pneumatic Conveying Systems industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.