Latin America Pneumatic Conveying Systems Market Size & Outlook
Latin America pneumatic conveying systems market, 2020-2030 (US$M)
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Latin America pneumatic conveying systems market highlights
- The Latin America pneumatic conveying systems market generated a revenue of USD 4,921.7 million in 2023.
- The market is expected to grow at a CAGR of 5.9% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 4,921.7 million |
| Market revenue in 2030 | USD 7,341.9 million |
| Growth rate | 5.9% (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, Latin America region accounted for 15.1% 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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Latin America 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 74.55% in 2023. Horizon Databook has segmented the Latin America pneumatic conveying systems market based on dilute phase conveying, dense phase conveying covering the revenue growth of each sub-segment from 2020 to 2030.
Dilute phase conveying systems contribute for more than 70% of the market share in 2018 in Latin America owing to the welfares offered by this equipment such as the capability to utilize only air velocity to convey materials and function at high velocity and low pressure differentials.
Dense phase conveying is projected to unveil moderate growth, which may be credited to increased adoption of these system across varied application areas such as pharmaceutical and food industry.
Dilute phase conveying systems are widely used in Latin America owing to numerous benefits it offers. They include low initial investment, no need of an air controlling station, no special brackets for piping needed, operate across all ranges and can be utilized for different type of products.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America pneumatic conveying systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pneumatic conveying systems market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America pneumatic conveying systems market size, by country, 2020-2030 (US$M)
Latin America Pneumatic Conveying Systems Market Outlook Share, 2023 & 2030 (US$M)
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