Tuesday, 02 January 2024 12:17 GMT

Pneumatic Conveying Systems Market Size To Cross $ 60.4 Billion By 2027


(MENAFN- Ameliorate Digital Consultancy)

Market Study Report adds new research on Pneumatic Conveying Systems market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Pneumatic Conveying Systems market also includes an in-depth study of the industry's competitive scenario.

Global Pneumatic Conveying Systems Market to reach USD 60.4 billion by 2027. Global Pneumatic Conveying Systems Market is valued approximately USD 40.97 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.7 % over the forecast period 2021-2027.

Request a sample of this premium report at:

Pneumatic Conveying Systems are used in industries as they ensure the hygiene of products by preventing contamination of materials being used. Use of pneumatic conveyors in various industries, also increases productivity, reduce overall production time, and ensures cost savings and quality improvements at various production stages like packaging, coating.. Growing food and beverage industries and rapid technological developments in various industries are driving growth of Pneumatic Conveying Systems. According to Statista, in 2021, the overall size of global foods and beverage market is worth USD 281.14 billion, The market is predicted to grow at a compound annual growth rate of about 9.5 percent between 2021 and 2028. This trend of market growth will impact Pneumatic Conveying Systems market. However, high installation cost impedes the growth of the market over the forecast period of 2021-2027. Also, increasing adoption of automated material handling equipment in various industries is likely to increase the market growth during the forecast period.

The regional analysis of global Pneumatic Conveying Systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the overall market Size and growth rate. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as Increasing food and beverage, Packaged food industries in countries like China, India would create lucrative growth prospects for the Pneumatic Conveying Systems market across Asia-Pacific region.

Major market player included in this report are:

Atlas Copco AB

Coperion GmbH

Cyclonaire Corporation

Dongyang P & F

Dynamic Air Inc.

Flexicon Corporation

Gericke AG

Altomech Pvt Ltd

Hillenbrand Inc.

Zeppelin Systems

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Positive pressure conveying

Vacuum pressure conveying

Combination conveying

By Operation:

Dense-phase conveying

Dilute-phase conveying

By End Use industry:

Manufacturing

Power Generation

Pharmaceuticals

Food & Beverage

Chemicals

Petrochemicals

Metals, minerals, & ceramics

Plastic and rubber

Pulp and paper

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

For More Details on this Report At:

About Us:

Market Study Report is a hub for market intelligence products and services.

We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.

Our customers partner with Market Study Report to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.

If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report is the platform that can help you in achieving any of these objectives.

MENAFN10082022004660010643ID1104674241



Ameliorate Digital Consultancy

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.