Pneumatic Conveying Systems Market Size, Sector / Industry Report & Analysis 2020, & Forecast 2021-2026 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Pneumatic Conveying Systems Market


The global Pneumatic Conveying Systems market size is projected to reach US$ 38.75 billion by 2026, from US$ 27.79 billion in 2020, at a CAGR of 5.7% during 2021-2026.Rise in industrialization in emerging economies, expansion of recycling and waste treatment industries, and upswing in the demand for energy-efficient systems have helped the global market gain traction in the past few years.

Rising concerns related to health and safety of consumers are compelling manufacturers across a number of industries to use automated pneumatic conveying systems as they ensure hygiene of products by preventing contamination of materials being used. Furthermore, technological developments in the field of pneumatic conveyance and availability of advanced products equipped with intelligent control technology are leading to increased uptake of these systems. Additionally, usage of pneumatic conveying systems in material handling industries has also been on a rise, which is poised to bolster the growth of the market over the forecast period.

Use of pneumatic conveyors in various industries, results in increased productivity, reduction in production downtime, and ensures cost savings and quality improvements related to aspects such as packaging, coating, and improved quality of end products. These benefits are leading to increased adoption of pneumatic conveyors across various end-use industries.

Conventional conveyors are prone to dust and foreign particles entering the systems, resulting in quality degradation of materials and consecutive losses incurring from material that is left unsuitable for use for the desired purpose. This is another factor why pneumatic conveyors are increasingly replacing conventional conveyors in a number of industries as product contamination continues to be a major area of concern for end users.

Industries such as ceramics, food processing, pharmaceutical, and rubber and plastic are investing considerably in procuring pneumatic conveyors to step up their production capacities in order to meet increasing demands. As industries continue to face extremely competitive environments, pneumatic conveyors are being installed in order to avoid losses and enhance quality of products. This is further likely to impel the growth of the market.

Market Segmentation, Outlook & Viewpoint: Global Pneumatic Conveying Systems Market

Operating Principle Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Dilute Phase Conveying
  
Dense Phase Conveying

Technology Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Positive Pressure Systems
  
Vacuum Systems
  
Combination Systems

End Use Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Ceramic
  
Pharmaceuticals
  
Food
  
Rubber and Plastic
  
Cement
  
Mining (Mineral)
  
Others

Key Players, Recent Developments & Regional Insights: Global Pneumatic Conveying Systems Market

Based on end use, the market has been classified into ceramic, pharmaceuticals, food, rubber and plastic, cement, mining (mineral), and others. The food industry represented over 28.0% of the overall revenue in 2018. Pneumatic conveyors are gaining popularity in the industry owing to their benefits such as high reliability, increased productivity, reduced risk of material spillage, low energy consumption, and low operational and maintenance costs.
The pharmaceutical industry is also expected to experience high demand for pneumatic systems over the forthcoming years. This can be attributed to criticality of processes and need to handle hazardous and risky materials in the production area.

The mining segment was estimated at USD 576.5 million in 2018. Companies in the mining sector are engaged in extracting natural solid minerals such as ores and coal, oil and gas, liquid minerals, gases, and crude petroleum. Steady rise in the adoption of these products will, in turn, lead to increased demand for conveyors and in turn drive the market.

Regional Insights

Europe held the dominant share of over 30.0% of the total market in terms of revenue in 2018. The regional market is anticipated to register significant growth over the forecast period, thanks to rising demand for hygienic methods in the food transfer and production industry.

In North America, the Food & Drug Administration (FDA) has introduced several regulations regarding indirect contaminants in food. This is projected to positively influence the demand for pneumatic conveying systems in the region over the forecast period.

Rapid growth of the pharmaceutical industry in Asia Pacific is also poised to stir up the demand for pneumatic conveying systems. The region has witnessed a notable rise in facilities involved in the development of biosimilars and vaccines, especially in developing countries. Governments in these countries have been actively involved in practices promoting better healthcare facilities and the overall development of associated industries. Notable rise in growth opportunities due to this scenario is attracting a number of pharmaceuticals manufacturers to emerging countries. This shift of pharmaceutical manufacturing sector from developed to developing regions is likely to fuel the demand for pneumatic conveying systems in APAC.

Pneumatic Conveying Systems Market Share Insights

The vendor landscape is highly consolidated and is characterized by a high level of competition. The market features presence of major global players such as AZO GmbH + Co. KG., Flexicon Corporation, Dynamic Air Inc., Altas Copco AB, and Coperion GmbH. These market players are engaged in mergers and acquisitions in order to strengthen their market positions. For example, Atlas Copco AB announced acquisition of Reno A/S in September 2018.  Reno A/S is engaged in manufacturing and distributing compressed air solutions. Through this acquisition, the former aimed to expand its market presence in Denmark.

Similarly, the leading market players are also focusing on introduction of innovative technologies to gain a competitive edge. For instance, in August 2017, Schenck Process introduced E-finity. E-finity is a patented low-pressure continuous dense-phase conveying system, specially designed for conveyance of fragile and granular materials such as cereals, nuts and grains, and pet foods.

Key Insights Covered: Global Pneumatic Conveying Systems Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Pneumatic Conveying Systems industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Pneumatic Conveying Systems industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Pneumatic Conveying Systems industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Pneumatic Conveying Systems industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Pneumatic Conveying Systems industry.

Research Methodology: Global Pneumatic Conveying Systems Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other