Canada Pneumatic Conveying Systems Market Size & Outlook
Canada pneumatic conveying systems market, 2020-2030 (US$M)
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Canada pneumatic conveying systems market highlights
- The Canada pneumatic conveying systems market generated a revenue of USD 1,705.2 million in 2023 and is expected to reach USD 2,425.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.2% 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.
Pneumatic conveying systems market data book summary
| Market revenue in 2023 | USD 1,705.2 million |
| Market revenue in 2030 | USD 2,425.6 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Dilute phase conveying |
| Fastest growing segment | Dilute phase conveying |
| Historical data | 2020 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 5.2% of the global pneumatic conveying systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pneumatic conveying systems market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 9,453.0 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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Canada 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 73.27% in 2023. Horizon Databook has segmented the Canada pneumatic conveying systems market based on dilute phase conveying, dense phase conveying covering the revenue growth of each sub-segment from 2020 to 2030.
Canada with the presence of more than 3,200 pharmaceutical and medical manufacturing companies is expected to witness surge in dilute phase pneumatic conveying system demand.
With high speed conveying of powdered substances over the long distance dilute phase system are anticipated to exhibit healthy growth over the next few years. Dense phase pneumatic conveying system is expected to have comparatively less demand owing to lesser development of new plants in food processing industries.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada pneumatic conveying systems market , including forecasts for subscribers. This country databook contains high-level insights into Canada pneumatic conveying systems market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Canada pneumatic conveying systems market size, by operating principle, 2020-2030 (US$M)
Canada Pneumatic Conveying Systems Market Outlook Share, 2023 & 2030 (US$M)
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