Pneumatic Conveying Systems Market Segmented by principal, technology, key players, country and industry forecast till 2025.
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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Grand View Research has segmented the global pneumatic conveying systems market based on operating principle, technology, end use, and region.