Report ID: SQMIG20I2119
Report ID:
SQMIG20I2119 |
Region:
Global |
Published Date: March, 2024
Pages:
202
|
Tables:
94 |
Figures:
76
The vendor landscape is largely consolidated, with a significant degree of competitiveness. Mergers and acquisitions are being pursued by market participants in order to increase their market positions. Atlas Copco AB, for example, announced its purchase of Reno A/S. Reno A/S is a company that manufactures and distributes compressed air products. The former hoped to increase its market footprint in Denmark through this acquisition.
Similarly, to acquire a competitive advantage, the major market players are focusing on the launch of novel technology. Schenck Process, for example, pioneered E-finite. E-finite is a proprietary low-pressure continuous dense-phase conveying system intended specifically for the transport of fragile and granular commodities such as cereals, nuts and grains, and pet meals.
A significant increase in growth potential as a result of this scenario is driving numerous pharmaceutical firms to emerging markets. This transition in pharmaceutical production from developed to emerging nations is expected to increase demand for the APAC pneumatic conveying systems market.
Pneumatic Conveying Systems Market Top Player’s Company Profiles
Pneumatic Conveying Systems Market
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Report ID: SQMIG20I2119