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The Global Pneumatic Tube System Market was valued at US$ 24.33 Bn in 2019 and is estimated to reach US$ 37.2Bn by 2026 at a CAGR of 6.25%.
The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short term and long term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region wise.
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The pneumatic tube systems are increasingly finding a place in providing solutions to numerous internal logistic problems of the producers of various goods and services. As the costs involved with these systems are low, there has been a significant rise in their demand. Drivers of the pneumatic tube systems market are inexpensive, safe & easy to operate, and clean. Some of the restraint factors are lack of precision controls, sensitivity to vibrations, and loud & noise. One of the key trends in the global pneumatic tube systems market is the development of automatic pneumatic tube systems.
Hospital & medical segments are leading the global pneumatic tube systems market. The medical sector has to be profit-oriented and cost-efficient like any other industry. Hospitals also suffer from staff shortages. The pneumatic tube systems increase efficiency by saving money, time and by growing the productivity of employees.
Region-wise, in 2017, North America held the highest market share for global pneumatic tube systems, followed by Europe. The versatility of the product offering and the level of customization are the essential factors that need to be considered by the vendors to survive the competition. The growth of pneumatic tube systems in North America is supported by the rising adoption of various applications. The technology is used for the automation drives in all the verticals and particularly for recycling and manufacturing activities in the industrial sector.
Global pneumatic tube systems market report includes PESTLE analysis, competitive landscape, and Porter’s five force model. Also, market attractive analysis wherein all the segments are benchmarked based on the market size, growth rate, and general attractiveness.
The key players operating in the global pneumatic tube system market, Aerocom, Swisslog, Pevco, Hanazeder Electronic, KellyTube, Telecom, Eagle Pneumatic, Siebtechnik, Lamson Group, Hamilton, Quirepace, Sumetzberger, Air Link International, Hanter Ingenjorsteknik, Thalmayr GmbH, Air-log, Colombo Pneumatic Tube Systems, Oppent, S&S Engineering, Zip Pneumatics.
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Global Pneumatic Tube System Market, by Product
• Single Phase Pneumatic Tube Systems
• Three Phase Pneumatic Tube Systems
Global Pneumatic Tube System Market, by End-user
• Hospital & Medical
• Retail & Banks
• Logistics & Transport
Global Pneumatic Tube System Market, by Region
• North America
• The Asia Pacific
• Middle East and Africa
• South America
Key Players Operating in Global Pneumatic Tube System Market
• Hanazeder Electronic
• Eagle Pneumatic, Inc
• Lamson Group
• Air Link International
• Thalmayr GmbH
• Colombo Pneumatic Tube Systems
• Zip Pneumatics
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