Pneumatic Conveying Systems Industry - Strategy Analysis

 

The global pneumatic conveying systems market size was valued at USD 32.57 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. Rise in industrialization in emerging economies, expansion of recycling and waste treatment industries, and an upswing in the demand for energy-efficient systems have helped the global pneumatic conveying systems market gain traction in the past few years. Rising concerns related to the health and safety of consumers are compelling manufacturers across many industries to use automated pneumatic conveying systems as they ensure the hygiene of products by preventing contamination of materials being used.

Recent Development

•            March 2021: Columbus acquires McKinnon Dorner. However, Dorner will continue to work for MacKinnon's portfolio in Columbus. Joining the team will strengthen Dorner's automation capabilities and increase expectations for new products.

•            In December 2020, e-commerce giant Amazon.com, Inc. announced plans to build two distribution centres in San Antonio, increasing the development of conveyor systems.

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