HVAC and Construction Industry Pneumatic Conveying System Market Report

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Pneumatic Conveying System Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research The global pneumatic conveying systems market is expected to reach USD 31 billion by 2024 with a CAGR of over 6 % during the forecast period (from 2016 to 2024). Growing demands for material handling equipment in a variety of application segments are likely to boost the market growth in the near future. Moreover, technology development and innovation in a number of feeding technologies, such as suction nozzles & hoppers, rotary valves etc., are also anticipated to spur the product demands. The global market is divided into operating principles, technologies, end-uses, and regions. The operating principles sector includes dilute phase and dense phase. The dilute phase sector dominated the global market in 2015 and is expected to witness a huge growth in the near future due to its property of utilizing only air pressure for conveying materials. The dense phase sector is projected to grow at CAGR of 6 % over the estimated years. It involves the use of transporters like blow & pressure tanks. Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/