Latest Trends and Insights: Pneumatic Conveying Systems Market

The global pneumatic conveying systems market was valued at USD 4.95 Billion in 2015 and is expected to grow at a CAGR of 6.4% from 2016 to 2021. Rapid industrialization in growing economies such as India, Saudi Arabia, UAE, South Africa, and Brazil, growing demand for advanced and energy efficient pneumatic conveying systems and thriving waste treatment industry are driving the pneumatic conveying systems market.

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Objectives of the Study

• To define, describe, and forecast the global pneumatic conveying systems market by technology, operation, industry, and region
• To provide detailed information regarding major factors influencing the growth of the pneumatic conveying systems market (drivers, restraints, opportunities, industry-specific challenges related to the market)
• To strategically analyze the pneumatic conveying systems market with respect to individual growth trends, future prospects, and contribution of each segment to the market
• To strategically profile key players and comprehensively analyze their market shares and core competencies
• To track and analyze competitive developments such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the pneumatic conveying systems market

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Research Methodology

This research study involved the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global pneumatic conveying systems market. Primary sources are mainly industry experts from core and related industries, preferred suppliers, manufacturers, distributors, service providers, technology developers, standard and certification organizations of companies, and organizations related to all the segments of this industry’s value chain.

The points given below explain the research methodology.

• Study of annual revenue and market developments of major players providing pneumatic conveying systems
• Analysis of major applications of and demand for pneumatic conveying systems from end-use industries
• Assessment of future trends and growth of end-user industries
• Assessment of pneumatic conveying systems market with respect to the type of compression method used for different applications
• Study of market trends in various regions/countries supported by application of pneumatic conveying systems in the manufacturing, power generation, pharmaceuticals, chemicals & petrochemicals, food & beverage, and others
• Study of contracts and developments related to pneumatic conveying systems, for key players, across different regions
• Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies manufacturing pneumatic conveying systems across the globe

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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

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues