Global Pneumatic Conveying Systems Market to Grow at 6.4% CAGR to 2021
Asia-Pacific is currently the largest market for pneumatic conveying systems, closely followed by North America. The Asia-Pacific market is primarily driven by countries such as China, India, Australia, and Japan, among others, where there is high demand for pneumatic conveying systems. The market in this region is projected to grow at a high rate, with India expected to dominate the market.
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The pneumatic conveying systems market is projected to reach USD 7.04 billion by 2021, growing at a CAGR of 6.4% from 2016 to 2021. Pneumatic conveying systems are principally used to transport materials like powders, pellets, and granules from source to destination using pressure conveying or vacuum conveying methods
Introduction
1 Objectives of the Study
2 Market Definition
3 Market Scope
4 Markets Covered
5 Country-Wise Scope
6 Years Considered for the Study
7 Currency
8 Limitation
9 Stakeholders
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The ecosystem of the global pneumatic conveying systems market starts with the manufacturer of basic components, such as valves, bearings, motor, engine, blowers, hoppers, pipes, silos, and compressors among others. The manufactured parts are then assembled by the OEM (Hillenbrand Inc. (U.S.), Nilfisk Group (Germany), Schenck Process Holding GmbH (Germany), Zeppelin Systems GmbH (Germany),and so on) to form a pneumatic conveying system, which is then tested. This stage is followed by the installation stage, at the end-users facility.
The report’s target audience includes:
- Pneumatic conveying system manufacturers, dealers, and suppliers
- Renewable power generation and equipment manufacturing companies
- Food and beverage processing companies
- Energy management, audit, and green building consulting companies
- Raw material and component suppliers
- Government and research organizations
- Environmental and industrial associations
- Banks, venture capitalists, financial institutions, and other investors
- Market research and consulting firms
The report provides a picture on pneumatic conveying systems and its types across industries and regions. It aims at estimating the market size and future growth potential of this market across different segments such as operation, technology, industry, and regions
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The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 60%, Tier 2- 27%, Tier 3- 13%
- By Designation: C-Level- 50%, D-Level- 30%, Others- 20%
- By Region: North America- 20%, Europe-20%, Asia-Pacific- 40%, Middle East- 15%, Latin America- 5%
Pneumatic conveying systems are principally used to transport materials like powders, pellets, and granules from source to destination using pressure conveying or vacuum conveying methods with efficiency and with minimal loss.
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