Global Pneumatic Tube System Market Report 2019-2024: Opportunities in Thriving Recycling and Waste Treatment & Technological Innovation With Improved Capabilities

DUBLIN, May 20, 2019 /PRNewswire/ -- The "Pneumatic Tube System Market by System Type, System Configuration (Multiline, Single-Line, & Point-to-Point), Function (Fully Automatic & Semi-Automatic), End User (Medical and Healthcare, Commercial, & Industrial), & Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The Pneumatic Tube System Market is Expected To Reach USD 2.6 Billion by 2024 From USD 1.9 Billion in 2019, at a CAGR of 6.9%

Demand for automation in material handling across industries, growing medical automation for reproducibility and accuracy, emerging e-commerce industry, and enhanced productivity enabled by improved supply chain processes act as major driving factors for the pneumatic tube system market.

This growth can be attributed to demand for automation in material handling across industries, growing medical automation for reproducibility and accuracy, emerging e-commerce industry, and enhanced productivity enabled by improved supply chain processes. However, high installation and switching cost restrict the growth of the pneumatic tube system market.

Multiline is expected to hold the largest share of the overall pneumatic tube system market, by system configuration, during the forecast period

Multiline systems were initially used especially for hospitals owning to the high requirement of specimen to be present at the right time and at the right department. The market for multiline system is expected to grow at the highest CAGR during the forecast period. Multiline systems were especially designed for hospitals, but in recent times, these systems have become attractive to other end users as they cater to most requirements.

Medical and healthcare end user segment is expected to hold largest share of the overall pneumatic tube system market, during the forecast period

Though pneumatic tube system initially was developed for limited applications of sending letters, it's been around for nearly a century now. The sophistication and capabilities provided by pneumatic tube systems have improved dramatically in the last decade. This in turn has increased the adoption of pneumatic tube system in medical and healthcare end user segment.

Americas to be largest shareholder in 2019, whereas APAC is expected to register highest CAGR during forecast period

The Americas is expected to account for a major share of the overall pneumatic tube system market in 2019. The Americas is the largest market for pneumatic tube systems due to hospitals, banks, government buildings, casinos, toll plazas, and other fields adopting these systems. Moreover, the growing emphasis of department connectivity, less time processing between courier sending and receiving boosted the demand for pneumatic tube systems in general.

The market in APAC is expected to grow at the highest CAGR during the forecast period. The high growth in this regional segment is mainly attributed to the regions' fast-growing e-commerce industry, the booming manufacturing sector, and numerous planned installations of pneumatic tube systems, rising number of clinical research activities, and growing government expenditure on medical and healthcare facilities.

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Pneumatic Tube System Market
4.2 Pneumatic Tube System Market, By System Configuration
4.3 Pneumatic Tube System Market in Europe, By Application and Country
4.4 Pneumatic Tube System Market, By End User
4.5 Pneumatic Tube System Market, By Region
4.6 Country-Wise Analysis of Pneumatic Tube System Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for Automation in Material Handling Across Industries
5.2.1.2 Growing Medical Automation for Reproducibility and Accuracy
5.2.1.3 Emerging E-Commerce Industry
5.2.1.4 Enhanced Productivity Enabled By Improved Supply Chain Processes
5.2.2 Restraints
5.2.2.1 High Installation and Switching Cost
5.2.3 Opportunities
5.2.3.1 Thriving Recycling and Waste Treatment Worldwide
5.2.3.2 Technological Innovation With Improved Capabilities
5.2.4 Challenges
5.2.4.1 Survival of Small Players and New Entrants
5.3 Value Chain Analysis

6 Pneumatic Tube System Market, By System Type
6.1 Introduction
6.2 Single Phase
6.2.1 Medical and Healthcare End-User Segments to Drive the Market Growth
6.3 Three-Phase
6.3.1 Americas to Hold the Largest Market Share for Three-Phase Systems

7 Pneumatic Tube System Market, By System Configuration
7.1 Introduction
7.2 Multiline System
7.2.1 Growing Awareness Among Other End Users to Boost Demand
7.3 Single-Line System
7.3.1 Adoption By Commercial End Users to Drive the Market Growth
7.4 Point-To-Point System
7.4.1 Long-Distance Carrier Transfer Capability to Drive Demand

8 Pneumatic Tube System Market, By Function
8.1 Introduction
8.2 Fully Automatic
8.2.1 Fully Automatic Pneumatic Tube Systems to Dominate Market
8.3 Semi-Automatic
8.3.1 Growing Use By Other End Users to Generate Demand

9 Pneumatic Tube System Market, By End User
9.1 Introduction
9.2 Medical and Healthcare
9.2.1 Hospitals
9.2.1.1 Hospital Automation Mainly Drives the Pneumatic Tube Systems Market
9.2.2 Laboratories
9.2.2.1 Safe Transfer of Lab Specimen Drives the Market
9.2.3 Pharmacies
9.2.3.1 Pneumatic Tube Systems are Widely Used for Enhancement in Operational Efficiency of Pharmacies
9.3 Commercial
9.3.1 Banks
9.3.1.1 Secure and Safe Cash Transactions Drives the Market
9.3.2 Retails
9.3.2.1 Ability of Faster Transport Than Standard Human Pace Boosts the Demand
9.3.3 Logistics and Warehouses
9.3.3.1 Growing Cost-Effective Departmental Logistics to Drive Market Growth
9.4 Industrial
9.4.1 Manufacturing Plants
9.4.1.1 Reduction in Costs Related to Labor and Operations Increased Deployment
9.4.2 Foundries
9.4.2.1 Pneumatic Tube System for Departmental Logistics Highly Used in Foundries
9.4.3 Recycling Facilities
9.4.3.1 Growing Automated Waste Handling to Boost the Demand
9.5 Others

10 Pneumatic Tube System Market, By Region
10.1 Introduction
10.2 Americas
10.2.1 US
10.2.1.1 US to Account for the Largest Share of Pneumatic Tube System Market in the Americas
10.2.2 Canada
10.2.2.1 Canada Likely to Grow at A Significant Growth Rate in Pneumatic Tube Systems Market in the Americas
10.2.3 Latin America
10.2.3.1 Inclination Towards Adoption of Automated Systems to Boost Market
10.3 Europe
10.3.1 UK
10.3.1.1 Growing Logistics Automation to Increase Demand
10.3.2 Germany
10.3.2.1 Growing Adoption Rate in Commercial, Government, and Entertainment to Boost the Demand
10.3.3 France
10.3.3.1 Tremendous Growth of E-Commerce to Drive the Market Growth
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.1.1 China Holds Largest Share of APAC Pneumatic Tube System Market
10.4.2 Japan
10.4.2.1 Well Established Medical and Healthcare Industry Augments the Market Growth
10.4.3 India
10.4.3.1 Indian Pneumatic Tube System Market Likely to Grow at A Significant Rate
10.4.4 Rest of APAC
10.5 Rest of the World
10.5.1 Middle East
10.5.1.1 Growing Material Handling Equipment Deployment Driving Demand for Pneumatic Tube Systems
10.5.2 Africa
10.5.2.1 Grow Installment in Medical and Healthcare Fields in Africa to Boost the Demand

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis
11.3 Competitive Leadership Mapping
11.3.1 Visionary Leaders
11.3.2 Dynamic Differentiators
11.3.3 Innovators
11.3.4 Emerging Companies
11.4 Strength of Product Portfolio (For 25 Players)
11.5 Business Strategy Excellence (For 25 Players)
11.6 Competitive Scenario
11.6.1 Product Launches, Acquisitions, and Expansions

12 Company Profile
12.1 Introduction
12.2 Key Players
12.2.1 Swisslog Holding
12.2.2 Aerocom
12.2.3 Pevco
12.2.4 Quirepace
12.2.5 Eagle Pneumatic
12.2.6 Telecom Bedrijfscommunicatie
12.2.7 Kelly Systems
12.2.8 Hamilton Security
12.2.9 Air Link International
12.2.10 Siebtechnik
12.3 Other Key Players
12.3.1 Sumetzberger
12.3.2 Colombo Pneumatic Tube Systems
12.3.3 Hanter Ingenjorsteknik
12.3.4 Air-Log
12.3.5 Zip Pneumatics
12.4 Key Innovators
12.4.1 Hanazeher Electronics
12.4.2 Oppent
12.4.3 Thalmayr
12.4.4 Lamson Group
12.4.5 S&S Engineering

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