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The pneumatic tube system market is estimated to grow by USD 1,061.1 million at a CAGR of 6.74% between 2022 and 2027. The growth of the market depends on several factors, including increasing convenience benefits offered by pneumatic tube systems, growing medical automation for reproducibility and accuracy, and improved supply chain procedures to enable increased productivity.
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Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The increasing convenience offered by pneumatic tube systems are notably driving market growth. To ensure that everything gets to its intended destination each autonomous tube transfer includes carriers supplied with transponders that can connect with the system using RFID technology. It integrates intelligent software that is individually programmable into every system to guarantee that delays or snarled traffic are avoided even during peak times, like in hospitals during morning blood collection.
Transportation security is given first priority, as a result, each transfer is independently recorded using each carrier's transponder ID on the tracking and monitoring list of the control or monitoring system, which is secured against unauthorized access. It is always feasible to determine how small items are transported and where, as well as track the exact path. Feasible operations offered by tube systems are likely to drive the demand for pneumatic tube systems during the forecast period.
The growing implementation of pneumatic tube systems in large factories and production units is an emerging market trend. Every day, massive factories and industrial facilities generate tons of goods. To achieve the deadline requirements and quality standards, large factories and production must be extremely effective.
The pneumatic transport system executes all movements, from segregating raw materials to finished products, with the utmost efficiency. Industries, chemical facilities, and large-scale businesses have seen positive results after utilizing technology. A simple and straightforward pneumatic tube system has the potential to significantly improve any company. Hence, the increasing implementation of pneumatic tube systems in industrial factories and production units is likely to drive the growth of the market during the forecast period.
The growing obsolescence of the pneumatic tube is a major challenge impeding market growth. The idea of pneumatic tube systems continues to be applied on a smaller scale. While pneumatic tubes are no longer used for data transmission, they are still frequently used for local delivery of small items where convenience and speed are essential.
Owing to the introduction of mobile banking applications and the increasing sophistication of ATMs, the majority of drive-up banks specifically in the US had been removed by 2021. Drive-up banks used pneumatic tubes extensively to transport money and documents between cars and tellers.
The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Aerocom Systems Inc. - The key offerings of the company include pneumatic tube systems.
The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market Companies, including:
Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, robust, tentative, and weak.
The market share growth by the single-phase segment will be significant during the forecast period. Single-phase systems are used for intermittent use for transporting small objects and use a single-phase motor of 1250-watt.
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The single-phase segment was valued at USD 1,376.02 million in 2017 and continued to grow until 2021. The manufacturing sector and the medical field both rely heavily on single-phase pneumatic tube systems for performing operations. Pneumatic valves are used in these industries for a variety of purposes, including flow control, position control, and flow regulation. Moreover, since the healthcare industry is expected to grow during the forecast period, it is expected that the demand for single-phase systems will also increase during the forecast period.
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North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
In 2022 North America had a sizable market share for pneumatic tube systems worldwide. Factors like improvements in infrastructure and technology in the healthcare and medical sectors will fuel market expansion. The region has also seen a number of advancements that will fuel the future expansion of the market. For instance, Swisslog Healthcare built automated transport systems in over 3,000 hospitals worldwide and over 2,300 hospitals in North America in 2022.
Every pneumatic tube system (PTS) from TransLogic is specially created to satisfy the specific transport requirements of every healthcare facility. The demand in the region will increase during the forecast period as TransLogic PTS, which offers efficiencies through automated material transport, enables hospitals to lower their operating costs and improve the quality of care by redeploying personnel to patient-facing activities.
The Pneumatic Tube System Market caters to various sectors, including factories, R&D units, chemical plants, and large-sized enterprises, offering basic and advanced pneumatic tube technology for ease and efficiency in data transfer and small goods transportation. In the United States, these systems are widely utilized in healthcare settings, enabling swift delivery of items such as cash, papers, medicines, and laboratory samples between hospital wards, nursing pharmacies, and emergency rooms.
With applications in laboratories and outpatient departments, pneumatic tube systems enhance system performance and reduce delivery times, ensuring timely access to critical supplies like blood products and pharmaceuticals. Innovations like the Pevco Link Web App and Pavco Smart Path further optimize system operations, mitigating contamination risks and improving inventory management. Manufacturers and vendors, including those providing Intralogistics solutions like the Unicar ETV system, continue to innovate to meet the evolving needs of the global hospitality industry and healthcare sector.
The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Pneumatic Tube System Market Scope |
|
Report Coverage |
Details |
Page number |
141 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.74% |
Market growth 2023-2027 |
USD 1,061.1 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
6.59 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 33% |
Key countries |
US, China, Japan, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Aerocom Systems Inc., Air Link International, Air Log International GmbH, Colombo Sales and Engineering Inc., Eagle Pneumatic Inc., Festo SE and Co. KG, Gunnebo AB, Ing. Sumetzberger GMBH, Kelly Systems Inc., KUKA AG, Lamson Concepts Pty. Ltd., Narula Udyog India Pvt. Ltd., Oppent S.p.A., Pevco Systems International Inc., Pilotsmith India Pvt. Ltd., PTS tec GmbH, Quirepace Ltd., SIEBTECHNIK TEMA GmbH, SS Engineering, and Telecom Bedrijfscommunicatie b.v. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our market forecasting report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Class Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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