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Sunday 14 February 2016

Pneumatic Conveying System Market Analysis-Size, Share, Growth, Trends and Forecasts To 2022: Grand View Research


The global pneumatic conveying system market is expected to reach USD 30.67 billion by 2022, according to a new report by Grand View Research, Inc. Rapid industrialization coupled with the growing need to achieve energy efficiency is expected to elevate industry growth over the forecast period. Rising demand for material handling equipment across varied application sector is also estimated to provide opportunities for industry growth over the next few years. Recent development activities in developing countries paired with growing health and safety concern is anticipated to escalate product demand significantly. Pneumatic conveying systems have the ability to prevent contamination of end products and offer better hygiene. Additionally, pneumatic conveyors also help in minimizing product downtime, increasing productivity, and improving quality together with cost savings. The industry is poised for growth owing to the aforementioned points.
http://www.grandviewresearch.com/industry-analysis/pneumatic-conveying-system-market

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