Asia Pacific Pneumatic Conveying Systems Market Size & Outlook
Asia Pacific pneumatic conveying systems market, 2020-2030 (US$M)
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Asia Pacific pneumatic conveying systems market highlights
- The Asia Pacific pneumatic conveying systems market generated a revenue of USD 7,234.3 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, dilute phase conveying was the largest revenue generating operating principle in 2023.
- Dilute phase conveying is the most lucrative operating principle segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 7,234.3 million |
| Market revenue in 2030 | USD 11,114.4 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Dilute phase conveying |
| Fastest growing segment | Dilute phase conveying |
| Historical data covered | 2020 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dilute phase conveying, Dense phase conveying |
| Key market players worldwide | Atlas Copco AB Class A, Hillenbrand Inc, Nilfisk Group, Cyclonaire Corporation, Flexicon Corporation, Gericke, Nol-Tec Systems, Vac-U-Max, Schenck Process, DYPNF |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.2% of the global pneumatic conveying systems market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,114.4 million by 2030.
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Pneumatic Conveying Systems Market Scope
Pneumatic Conveying Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific pneumatic conveying systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pneumatic conveying systems market will help companies and investors design strategic landscapes.
Dilute phase conveying was the largest segment with a revenue share of 73.64% in 2023. Horizon Databook has segmented the Asia Pacific pneumatic conveying systems market based on dilute phase conveying, dense phase conveying covering the revenue growth of each sub-segment from 2020 to 2030.
Companies are soon realizing the benefits of optimizing their material handling operations with the use of more economical and easy to install conveying systems, which is expected to spur the pneumatic conveying demand over the forecast years.
The dilute phase systems need comparatively minimum headroom and are low-cost, easy to operate as well install, and ideal for conveying materials from a single source to multiple locations. Therefore, the segment is expected to witness healthy demand over the forecast period.
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Our clientele includes a mix of pneumatic conveying systems market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pneumatic conveying systems market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pneumatic conveying systems market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pneumatic conveying systems market size, by country, 2020-2030 (US$M)
Asia Pacific Pneumatic Conveying Systems Market Outlook Share, 2023 & 2030 (US$M)
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