Pneumatic Tube System Market: Global Industry Analysis And Forecast (2024-2030)

Pneumatic Tube System Market size was valued at US$ 2.46 Bn. in 2023 and the total Pneumatic Tube System revenue is expected to grow by 6.8% from 2024 to 2030, reaching nearly US$ 3.91 Bn.
Pneumatic Tube System Market Overview:
The Pneumatic tubes are systems that use pressurized gas or a partial vacuum to move cylindrical objects through networks of tubes. In contrast to traditional pipelines, which transfer fluids, these move solid items. The report explores the Pneumatic Tube System market's segments (Configuration, Function, End-Use Industry, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). It provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2023. The report investigates the Pneumatic Tube System market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Pneumatic Tube System market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Pneumatic Tube System Market Dynamics:
The convenience benefits offered by the pneumatic tube system are expected to be a major driver of the market growth.

Every autonomous pneumatic tube transfer incorporates carriers outfitted with transponders that communicate with the system using RFID-Technology to guarantee that everything reaches precisely where it is meant to (Radio Frequency Identification). It includes uniquely configurable intelligent software into every system that ensures that congestion or long waiting times are avoided even during busy hours – for example, in hospitals during blood collection in the mornings – by utilizing an additional transfer line.

Priority is given to safe transportation: The system is safeguarded from unauthorized access, and each transfer is separately logged using the transponder ID on every carrier in the tracking and monitoring list of the control or monitoring system. One can always follow the precise route and know who shipped what item when and where.

The key opportunity in the market is the implementation of pneumatic tube systems in large factories and production units.

Large factories and industrial units produce tons of commodities every day. They must be very efficient to fulfill the timeline criteria while also meeting the quality standards. Integrating the manufacturing and packaging sites is vital in such regions. There must also be a link between production and the research and development division, which conducts checks regularly to ensure quality control. Nonetheless, the Pneumatic Transport System performs all movements most adequately. After using Pneumatic Tube Technology, industries, chemical plants, and large-scale enterprises have seen optimistic outcomes. A basic and straightforward Pneumatic Tube System may deliver a significant boost to any enterprise.

The growing obsolescence of pneumatic tube systems is expected to be a major challenge in the market growth.

On a smaller scale, the concept is still utilized. While pneumatic tubes are no longer utilized for transferring information, they are typically utilized for carrying tiny goods where ease and quickness in a local area are vital. Drive-up banks in the United States extensively implemented pneumatic tubes to carry cash and papers between automobiles and tellers; by the 2023, most of them had been dismantled, owing to the advent of mobile banking applications and the rising complexity of ATMs.
Pneumatic Tube System Market Segment Analysis:
By End-Use Industry, the hospital segment is expected to grow at a CAGR of 4.5% in the forecast period. In clinics, pneumatic tube systems deliver everything, notably critical samples, medication, preserved blood units, paperwork, x-rays, and others. As a result, it establishes a direct link between all medical wards, including nursing rooms, blood banks, administrative offices, and outpatient centers. Diagnostics, hospital pharmacies, emergency departments, and other similar applications are included in the hospital sector usage.

With an increase in health concerns and sustainable economic growth, the international hospitality sector is growing, and the factors described above contribute to an increase in the desire for pneumatic tube systems in hospitals. Human intervention-free delivery also helps to reduce contamination concerns and motivates providers to give market-specific solutions.

Pneumatic tube systems are essential hospital equipment because they are the optimal option when great distances must be traversed and moments count, such as during surgery or if a blood sample or sample result is demanded quickly. When time is critical, whether for blood tissue, collected samples, or medicine, the hospital tube system can carry materials quickly, safely, and without shock. Pevco Systems, for example, has tools like the Pevco App for monitoring real-time data for medications, collections, and blood transfusions. Pevco Smart Path is also available to improve system efficiency, reliability, and timely delivery.
Pneumatic Tube System Market Regional Insights:
Pneumatic tube systems are particularly common in North America (the USA in particular), where they are used to move cash and papers between vehicles and tellers at drive-up institutions. North America is one of the most important marketplaces for technological solutions. It is also anticipated to be a significant player in the international economy, particularly in the development and use of modern technology. The medical and manufacturing industries are growing, as is the effect on better and safer operations. This has boosted the need for automated systems across a wide range of end-user industries. The most recent technological advances have improved new pneumatic tube systems, which increase overall process efficiency and can considerably improve the precision of numerous applications.

Overall healthcare spending increased by 3.8 percent in 2023, totaling nearly USD 3.8 trillion, or USD 10,900 per capita, as per official figures from the National Health Expenditure Accounts. Healthcare spending contributed to 18.2 percent of the country's Gross Domestic Product. The healthcare industry in North America is anticipated to grow at a quicker rate since investment in this sector has been growing in recent years, which is backed by an increased focus on higher efficiency, safety regulations, and speedier procedures. The increased requirement for protection and the prevention of product loss leads consumers to adopt these pneumatic tube systems while also lowering expenses.

The objective of the report is to present a comprehensive analysis of the Pneumatic Tube System market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Pneumatic Tube System market dynamics, and structure by analyzing the market segments and projecting the Pneumatic Tube System market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Pneumatic Tube System market make the report investor’s guide.
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Pneumatic Tube System Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 2.46 Bn.


Forecast Period 2024 to 2030 CAGR:
6.8%
Market Size in 2030:
US $ 3.91 Bn.


 Segments Covered:
by Configuration
Multiline System
Single-Line System
Point-to-Point System


by Function
Fully Automatic
Semi-Automatic


by End-Use Industry
Hospitals
Industrial
Banks
Waste Management
Other



Pneumatic Tube System Market Key Players
1. Swisslog Holding AG
2. Aerocom Systems Inc.
3. Air Link International Ltd.
4. Eagle Pneumatic Inc.
5. Air-Log International GmbH
6. Colombo Pneumatic Tube Systems Inc.
7. Oppent S.p.A.
8. Ing. Sumetzberger GMBH
9. Hanter Ingenjörsteknik AB
10.Pevco Systems Inc.
11.Kelly Systems
12.Quirepace
13.Siebtechnik
14.Airlink International
15.Hanazeder Electronic

FAQs:

1. Which is the potential market for the Pneumatic Tube System in terms of the region?
Ans. North America is the potential market for the Pneumatic Tube System in terms of region.

2. What are the challenges for new market entrants?
Ans. The growing obsolescence of pneumatic tube systems is expected to be a major challenge in the market growth.

3. What is expected to drive the growth of the Pneumatic Tube System market in the forecast period?
Ans. The convenience benefits offered by the pneumatic tube system are expected to be a major driver of the market growth.

4. What is the projected market size & growth rate of the Pneumatic Tube System Market?
Ans. Pneumatic Tube System Market size was valued at US$ 2.46 Bn. in 2023 and the total Pneumatic Tube System revenue is expected to grow by 6.8% from 2024 to 2030, reaching nearly US$ 3.91 Bn.

5. What segments are covered in the Pneumatic Tube System Market report?
Ans. The segments covered are Configuration, Function, End-Use Industry and Region.