Pneumatic Conveying Systems Market Dynamics, SWOT Analysis and Competitive Insights till 2014 - 2024.
The pneumatic conveying systems market is broadly categorized into four major segments based on the application type such as ceramic, pharmaceuticals sector, food & beverages sector, and rubber & plastic industry. The food & beverages segment is growing rapidly in the pneumatic conveying systems industry with substantial revenue generation in the last few years.
The growing popularity of pneumatic conveying systems in the food & beverages segment is attributed to the increasing adoption of pneumatic conveying systems to perform applications such as staging, granulation, blending, coating, compression, and packing. The ceramic segment has also witnessed substantial growth owing to the growing demand for application-specific automated systems in the market.
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The pneumatic conveying system market is divided by region as North America, Europe, Asia-Pacific, Latin America, and Africa. North America has shown major growth in recent years owing to the rise in the implementation of the latest technologies in the manufacturing sector, surge in the number of research & development activities in the region, and existence of well-established infrastructure.
Asia-Pacific region is estimated to hold a major market share in pneumatic conveying systems with massive growth in the forecast period. Countries such as India, China, Japan, and Singapore are leading the Asia-Pacific market with rapid industrialization, increasing manufacturing activities, rising disposable income, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the pneumatic conveying system industry are K-Tron Investment Co., Cyclonaire Corp., AZO GmbH & Co., KG, Flexicon Corp., Atlas Copco Corp., DongYang P&F Co., Ltd., Gericke Co., Nol-Tec Systems, Inc., Nilfisk Group, Inc., Schenck Process LLC, Vac-U-Max, Inc., Dynamic Air Inc., and Pneumatic Conveying Inc.
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