Pneumatic Conveying Systems Market (2023-2030) Research Covers Top Players as Atlas Copco AB, Dynamic Air Inc.

As per the report published by The Brainy Insights, the global pneumatic conveying systems market is expected to grow from USD 26.81 billion in 2021 to USD 44.91 billion by 2030, at a CAGR of 5.9% during the forecast period 2022-2030. Asia Pacific region emerged as the largest global pneumatic conveying systems market with a 38% share of the market revenue in 2021. The Asia Pacific currently dominates the pneumatic conveying systems market due to the rise in population, which drives its consumer demand. The Asia Pacific will continue its domination during the forecast period as major market players in manufacturing & construction are shifting units to this region due to the increasing ease of doing business.

𝐆𝐫𝐚𝐛 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭- https://www.thebrainyinsights.com/enquiry/sample-request/12757

Pneumatic Conveying Systems Market Size by Operation (Dense Phase Conveying, & Dilute Phase Conveying), Technology (Vacuum Pressure Conveying, Positive Pressure Conveying, & Combination Conveying), End-User, Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Leading companies in the industry include Atlas Copco AB, Dynamic Air Inc., Coperion GmbH, Cyclonaire Corporation, Flexicon Corporation, Zeppelin Systems, Hillenbrand Inc., Nilfisk Group, Vac-U-Max, and Schenck Process Holdings GmbH, among others which are offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.

The operation segment is divided into dense phase conveying & dilute phase conveying. The dilute phase conveying segment dominated the market, with a market share of around 75% in 2021. The technology segment is divided into vacuum pressure conveying, positive pressure conveying, & combination conveying. Over the forecast period, the positive pressure conveying segment is expected to grow at the fastest CAGR of 6.6%. The end-user segment is divided into food & beverages, manufacturing, chemicals, pharmaceuticals, plastic & rubber, power generation, & others. In 2021, the food & beverages segment dominated the market, accounting for around 27% of global revenue. The growing population and rising disposable income have increased the demand for consumer goods. The consumer market is expanding with the rising disposable income of the population. To capture a market share of the increasing consumers, manufacturers, suppliers, and retailers are automating their businesses. Automation facilitates timely delivery of high-quality products to consumers, reduces operation costs & increases production efficiency. These factors contribute to the growing application of pneumatic conveying systems in the food & beverages industry.

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The massive population of China and India is driving the consumer demand in the market for various goods ranging from automotive, consumers goods, and pharmaceuticals. This upsurge in demand has made the seamless functioning of logistics a necessary goal. Adopting automated systems for smart logistics is ideal for efficiently fulfilling this market demand. Japan is faced with a short supply of labor and land, which demands optimum utilization of space and the adoption of automated systems which deliver optimum utilization of all resources. Similarly, other developing countries are witnessing an e-commerce boom which will drive the market demand for the pneumatic conveying systems market to help such countries realize the potential of this boom.

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