The report "Pneumatic
Conveying Systems Market by Type (Positive Pressure Conveying, Vacuum
Pressure Conveying and Combined Conveying), Operation (Dense-phase conveying
and Dilute-phase conveying), Industry and Region - Global Forecast to
2021", is projected to grow from an estimated USD 5.16
Billion in 2016 to USD 7.04 Billion by 2021, at a CAGR of 6.4%. Rapid
industrialization in emerging economies, rising demand for energy pneumatic
conveying systems, and thriving recycling and waste treatment industries are
the key driving factors for pneumatic conveying systems.
Positive pressure conveying systems to dominate the market during the
forecast period
Positive pressure conveying systems are expected to hold
a larger share of the market by technology in the pneumatic conveying systems
market. Growing demand for high-efficiency systems is likely to be the major
driving factor. The application of the system ranges from medium to high
pressure. It’s used to transfer free flowing, granular, sticky or very fine
material. The system is capable of transporting heavy materials over a longer
distance. In vacuum conveying system, the material is transferred under low
pressure and limited distances. When the material degradation is a concern, the
vacuum or pressure dense phase system is mostly preferred over other modes of
transportation. The market for the positive pressure conveying system is
expected to grow at a promising rate during the forecast period due to their
wide range of applications and high efficiency.
Browse 70 market data tables and 39 figures spread through 153 pages
and in-depth TOC on “Pneumatic Conveying Systems - Global Forecast to 2021”
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Food & beverage industry to hold the largest share in the pneumatic
conveying systems market from 2016 to 2021
The food & beverage industry is the largest
contributor to the pneumatic conveying systems market, and also acts as a key
driver of the market. The rise in disposable income in emerging economies such
as China, India, Brazil, Saudi Arabia, and Southeast Asia has led to high
demand for food products. This has led to high growth of food industry in these
economies, thereby leading to high demand for pneumatic conveying systems
market. The pneumatic conveying systems market is driven by the rapid
industrialization of emerging economies such as China, Saudi Arabia, India,
South Africa, and other South Asian countries. Furthermore, the demand for
advanced and energy efficient pneumatic system has boosted the demand for
pneumatic conveying systems in several manufacturing industries.
Asia-Pacific pneumatic conveying systems market to witness the highest
growth from 2016 to 2021
The report covers five major regions—namely,
Asia-Pacific, Europe, the Middle East and Africa, North America, and South
America. The Asia-Pacific region is expected to witness high growth in the
power generation, pharmaceuticals, and food & beverages industries from
2016 to 2021. Moreover, new government environmental norms are likely to boost
demand for pneumatic systems.
The report also provides an in-depth analysis of the
competitive landscape, along with profiles of leading pneumatic conveying
systems market players such as Hillenbrand Inc. (U.S.), Nilfisk Group
(Germany), Schenck Process Holding GmbH (Germany), Zeppelin Systems GmbH
(Germany), and KC Green Holdings. Key players are trying to penetrate emerging
markets, and are adopting various strategies such as contracts and agreements,
expansions, mergers & acquisitions, and new product launches to increase their
market share.
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MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
