The global pneumatic conveying system market size was estimated at USD 20.3 billion in 2014. Continuous technological advancements paired with development of application specific products are estimated to significantly propel product demand over the forecast period. In addition, growing demand for material handling equipment across diverse end-use sectors may offer avenues for pneumatic conveying system industry growth.
The industry is poised for growth owing to the advent of cost-effective solutions along with new product development. Companies are expected to invest heavily in R&D for developing innovative solutions in order to improve their offering and provide high product differentiation. However, high initial capital investment and complex installation may pose challenge to growth over the coming years.
Growing health and safety concerns have instigated pneumatic system manufacturers to use this equipment as they offer better hygiene and prevent end product contamination. Additionally, several mandates regulating manufacturers to use better sanitary operations are also estimated to elevate demand.
Technological developments aiding compact pressure vessel technology integrated with intelligent control provides avenues for pneumatic conveying system market growth over the next few years. The ability to minimize product downtime, increase productivity, and improve quality along with cost savings may also fuel demand significantly.
U.S. pneumatic conveying systems market by operating principle, 2012 – 2020 (USD Million
Operating Principle Insights
Categorization on the basis of operating principle includes dilute phase and dense phase system. Dilute phase is anticipated to account for majority share over the coming years owing to several benefits offered by this equipment such as the ability to use only air velocity to convey materials. It operates at high velocity at a low pressure differential.
Dense phase is also expected to witness moderate growth over the next few years. This may be attributed to increasing adoption across the food and pharmaceutical industry. They use high pressure differential with low air velocity. They are also used with air injectors that inject compressed air into the system to catalyze the process. It also provides batch transfer using transporters such as blow & pressure tanks.
Positive pressure technology expected to account for majority share over the forecast period owing to its ability to operate at a relatively high pressure as compared to other types, and is preferable for transporting heavy materials at longer distance.
Vacuum-based technology may also hold significant market share and exhibit high growth over the next few years. This may be attributed to its ability to utilize vacuum created in conveying lines to pull the material towards loading points. Additionally, combination equipment is expected to witness moderate growth owing to benefits such as incorporating pressure to convey multiple unloading points as well as vacuum to convey materials from multiple loading points.
Conveyors are increasingly being used in food processing, construction, automation, agriculture, electronics, aerospace, canning & bottling, packaging, and print finishing industries. Manufacturers adopt the aforementioned advanced technologies to minimize the production and maintenance costs, which further reduces the overall cost of production.
Pharmaceutical and food industry are collectively expected to account for more than 50% of the overall market share. Increasing adoption in the pharmaceutical sector for use across several departments beginning from staging, granulation, blending, coating, compression, and packing is estimated to escalate product demand significantly.
Ceramics industry is anticipated to exhibit substantial growth over the coming years which may be attributed to increasing demand for production processes, wherein automation is adopted as a key strategy. These products are used throughout the production process to supply granulators and dry glazing machines, micronized materials, conveying glazes and pigments in the press department.
Europe pneumatic conveying system market is expected to emerge as the dominant region accounting for more than 30% of the total share over the next few years. This may be attributed to increasing government regulations to use better sanitary operations. Additionally, presence of several regulatory bodies in the region providing favorable mandates may also contribute significantly towards regional growth.
Asia Pacific pneumatic conveying system market is also expected to exhibit high growth over the forecast period owing to rapid industrialization and development activities in the region. Growing health and safety concerns in the region has also instigated manufacturers to use equipment since they offer benefits such as better hygiene and prevent end product contamination.
Competitive Market Share Insights
Key industry participants with pneumatic conveying system market share include K-Tron, AZO GmbH & Co. KG, Cyclonaire Corporation, DongYang P&F, Atlas Copco, Gericke, Nilfisk, Nol-Tec, Dynamic Air Inc., Pneu-Con, Flexicon Corporation, Schenck Process LLC and Vac-U-Max.
Pneumatic conveying system manufacturers emphasize on providing several feasible solutions in order to minimize power consumption and improve efficiency. Major players are expected to become responsive to specialized product needs and focus on offering custom-engineered products.
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