Pneumatic Tube System Market
Pneumatic Tube System Market - Global Industry Assessment & Forecast
Segments Covered
- By System Type Single Phase, Three Phase
- By System Configuration Multiline System, Single-Line System, Point-to-Point System
- By Function Fully Automatic, Semi-Automatic
- By End User Medical and Healthcare, Commercial, Industrial, Others
- By Region North America, Europe, Asia Pacific, Middle East & Africa, South America
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 2268.45 Million |
Revenue 2030: | USD 3782.56 Million |
Revenue CAGR (2023 - 2030): | 6.60% |
Fastest Growing Region (2023 - 2030) | Asia Pacifc |
Largest Region (2022): | Asia Pacific |
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Pneumatic Tube System Market: By System type, System Configuration, Function, End User, and Region
Market Synopsis:
Global Pneumatic Tube System market is valued at USD 2268.45 Million in 2022 and is estimated to reach a value of USD 3782.56 Million by 2030 at a CAGR of 6.60% during the forecast period.
Pneumatic Tube System Market Size, 2022 To 2030 (USD Million)
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Pneumatics is a branch of engineering that deals with gases and their properties, pneumatics relies on the power of air pressure. There are various applications for compressed air in our world today. For example, in construction pneumatic nailers are used to secure steel studs in walls. In many factories a machine called a shot-blaster is used to clean parts by blasting them with high pressured air at near supersonic speeds.
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Market Segmentation:
Low Cost and High-Speed Drive Growth of the Pneumatic Tube System Market
Internationally, Pneumatic Tube Systems (PTS) are commonly used in hospitals and mail order companies for transporting documents and small items. Recently, there has been an increase in demand for these systems because of their low cost, low maintenance requirements and ability to transport data securely across long distances at high speeds. Today many private sector enterprises are purchasing PTSs to drive down costs associated with printed documents during shipping as well as to reduce errors which can occur when people have to manually move the materials from one place to another.
Multi Lines Pneumatic Tube System to Continue Dominating the Market
Multiline systems were initially used mainly in hospitals due to the high demand for samples. These systems are controlled by softwares, capable of performing multiple tasks simultaneously while allowing system monitoring, error management, and real-time data recovery. Multiline systems are designed for hospitals, but in recent times, these systems have become popular with some end users as they meet most of the market needs of the pneumatic tube system.
Hospital are Emerging as the Leading End-user of Pneumatic Tube System
Demand for multiline Pneumatic Tube System for hospital is also increasing. This system helps to transport multiple tubes in the same pipeline. The major cost of transporting items through Pneumatic Tube System is incurred in the installation and maintenance costs. However, even with the high initial investment required for installing these systems, many hospitals are seeing them as an investment which will help cut down on costs within their organizations. The rise in demand for PTSs has led to an increase in manufacturers who provide equipment for this type of transportation.
Asia Pacific Pneumatic Tube System Market to Grow at the Fastest CAGR
Demand for Pneumatic Tube System in Asia Pacific is increasing because of the advantages that these systems provide. They help companies to save time and money, which can then be used elsewhere within their organizations. The system is also very space efficient taking up only a small area allowing companies to use the same space for other things as well. It has been found that more consumers are opting for the system due to several reasons like low cost, security and speed. Therefore, more and more private sector enterprises in the region are acquiring PTSs for transporting items across long distances. Furthermore, hospitals are also upgrading their infrastructures with multiline Pneumatic Tube System (MPLT) to transport documents quickly without wasting any time and manpower.
Competitive Landscape:
Some of the major vendors in the Pneumatic Tube System market are Swisslog Holding (Switzerland), Aerocom Systems (Germany), Quirepace (UK), Pevco (US), Eagle Pneumatic (US), Telecom Bedrijfscommunicatie (Netherlands), Kelly Systems (US), Siebtechnik (Germany), Airlink International (US), Hamilton Security (US), Hanazeder Electronic (Austria), Hanter Ingenjörsteknik (Sweden) (US), Oppent (Italy), Air-Log (Germany), S&S Engineering (Japan), Zip Pneumatics (US), Thalmayr (Austria), and Lamson Group (US).
The Pneumatic Tube System is Segmented as Follows:
Parameter
Details
Segments Covered
By System Type
By System Configuration
By Function
By End User
By Region
Regions & Countries Covered
Companies Covered
Report Coverage
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST
analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market
attractiveness analysis by segments and North America, company market share analysis, and COVID-19
impact analysis
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FAQ
Frequently Asked Question
What is the global demand for Pneumatic Tube System in terms of revenue?
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The global Pneumatic Tube System valued at USD 2268.45 Million in 2022 and is expected to reach USD 3782.56 Million in 2030 growing at a CAGR of 6.60%.
Which are the prominent players in the market?
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The prominent players in the market are Swisslog Holding (Switzerland), Aerocom Systems (Germany), Quirepace (UK), Pevco (US), Eagle Pneumatic (US), Telecom Bedrijfscommunicatie (Netherlands), Kelly Systems (US), Siebtechnik (Germany), Airlink International (US), Hamilton Security (US), Hanazeder Electronic (Austria), Hanter Ingenjörsteknik (Sweden), Colombo Pneumatic Tube Systems (US), Oppent (Italy), Air-Log (Germany), S&S Engineering (Japan), Zip Pneumatics (US), Thalmayr (Austria), and Lamson Group (US).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 6.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Pneumatic Tube System include
- Low Cost and High-Speed to Boost the Market Growth
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Pneumatic Tube System in 2022.