The global pneumatic conveying systems market size is expected to reach USD 36.5 billion by 2025, according to a study conducted by Grand View Research, Inc., expanding at a CAGR of 5.7% during the forecast period. Rise in prominence of automation in the manufacturing industry in recent years has positively influenced the market for conveying systems and material handling equipment.
There has also been a notable increase in
the demand for novel and robust technologies such as pneumatic conveying
systems that use principles of pressure and airflow to perform conveying
operations in enclosed and compact environments. While this factor has
positively influenced the growth of the market over the years, rapid
industrialization and availability of energy-efficient products are further
allowing the market to tap into a bigger set of growth opportunities.
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Over the past few years, advancements in
material handling and conveyance technologies have helped pneumatic conveying
systems gain a prominent position in the field of conveying materials. Owing to
promising pace of development in the field, systems that can not only handle
light-density but even high-density materials have been introduced in the
global marketplace.
Pneumatic conveying systems are gaining
increased demand also owing to the fact that they offer several benefits such
as ease of maintenance, high reliability, wide diversity of products handled by
one conveyor, easy conveyor line routing, and custom and mobile configurations
as compared to conventional conveying systems. Owing to these factors,
pneumatic conveying systems now hold a position wherein they can be an
efficient alternative for conventional heavy-duty conveying systems.
Despite the evolution of several
alternatives such as electromechanical and hydraulic systems, pneumatic
conveying systems have stood the test of time and have been able to witness a
steady rise in the demand from key end-use industries. These conventional
systems offer a better solution in certain cases. However, pneumatic conveying
remains the key conveying options for many industries including low- and
high-volume manufacturing in the pharmaceuticals, plastics, and food &
beverages sectors.
Moreover, manufacturers today offer several
services in addition to maintenance, repair, and operations (MRO), and
installation. For example, Dynamics Air has a fully-equipped testing facility
that allows end users to test any new material they have and design a
customized product based on the same. Trends as these are expected to escalate
the global demand for these systems over the forecast period.
Pneumatic Conveying
Systems Market Report Highlights
·
In 2018, pneumatic conveying systems based
on dilute phase operating principle held over 73.0% of the overall revenue.
This growth can be attributed to the ability of dilute phase pneumatic
conveying systems to handle light density fragile and non-fragile materials
with high efficiency
·
Based on technology, the positive pressure
systems segment was valued close to USD 12.5 billion in 2018. It is estimated
to register a CAGR of approximately 6.0% over the forecast period
·
The market in Europe is likely to reach
value of more than USD 11.17 billion by 2025 owing to increasing government
mandates and initiatives for the use of better sanitary operations in the food
industry
·
The market is highly consolidated and is
characterized by a high level of competition with presence of major global
players such as AZO GmbH & Co. KG., Flexicon Corporation, Dynamic Air Inc.,
Altas Copco AB, and Coperion GmbH.
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