Pneumatic Tube System Market (Air Tubes) worth $2.6 billion by 2024

MarketsandMarkets^TM report, "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), and Region - Global Forecast to 2024", the pneumatic tube system market is estimated to grow from USD 1.9 billion in 2019 to USD 2.6 billion by 2024, at a CAGR of 6.9%. The market is mainly driven by 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.

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Highlights

Pneumatic Tube Systems (Air Tubes)

The technology is still used on a smaller scale. While its use for communicating information has been completely superseded by electronic systems, pneumatic tubes are still widely used for transporting small objects in healthcare, such as medical supplies, equipment, lab work and medications/drugs, or where convenience and speed in a local environment is useful. KNOW MORE

• Market for multiline pneumatic tube system to grow at highest CAGR during forecast period
• Fully automatic function to hold largest share of pneumatic tube system market during forecast period
• Growing technological advancement to create demand for pneumatic tubes in the commercial sector
• Americas to remain a major consumer of pneumatic tube systems during the forecast period

The market is highly dynamic because of the presence of a significant number of big and small players operating in it. Key players in the market are Aerocom Systems (Germany), Swisslog Holding (Switzerland), Pevco (US), Kelly Systems (US), Quirepace (UK), Eagle Pneumatic (US), Telecom Bedrijfscommunicatie (Netherlands), Siebtechnik (Germany), Hamilton Security (US), Airlink International (US), Hanazeder Electronic (Austria), Colombo Pneumatic Tube Systems (US), Hanter Ingenjörsteknik (Sweden), Oppent (Italy), S&S Engineering (Japan), Air-Log (Germany), Thalmayr (Austria), Zip Pneumatics (US), Lamson Group (US), and Sumetzberger (US).

Browse 61 market data Tables and 30 Figures spread through 126 Pages and in-depth TOC on "Pneumatic Tube System Market - Global Forecast to 2024" know more ask for Sample pages of Report :- https://www.marketsandmarkets.com/requestsampleNew.asp?id=5888710

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