Global Pneumatic Tubing Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
The use of tubing is on the rise as automated systems gain popularity due to its durability and flexibility in various environmental conditions, like polyurethane or nylon materials being commonly used for its construction.
Market Key Insights
- The Pneumatic Tubing market is projected to grow from $2.6 billion in 2024 to $4.6 billion in 2034. This represents a CAGR of 6.1%, reflecting rising demand across Industrial Automation Systems, Retail Store Operations and Healthcare Facilities.
- SMC Corporation, Parker Hannifin, Festo AG are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Pneumatic Tubing market and are expected to observe the growth CAGR of 4.0% to 5.9% between 2024 and 2030.
- Emerging markets including Vietnam, Brazil and Nigeria are expected to observe highest growth with CAGR ranging between 7.0% to 8.4%.
- Transition like Integration of Smart Technologies is expected to add $300.0 million to the Pneumatic Tubing market growth by 2030
- The Pneumatic Tubing market is set to add $2.1 billion between 2024 and 2034, with manufacturer targeting Small-Scale & Medium-Scale Diameter Size projected to gain a larger market share.
- With Increased industrial automation, and High demand in automobile industry, Pneumatic Tubing market to expand 81% between 2024 and 2034.
Opportunities in the Pneumatic Tubing
With progress in IoT and smart technology, across different sectors today manufacturers have a chance to create innovative smart pneumatic tube systems.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Increased Industrial Automation, and Infrastructure Boom in Emerging Economies
The increasing demand in the industry, for strong and dependable tubing used in brake systems and fuel lines is also boosting the growth of the Pneumatic Tubing market.
Restraint: Rising Cost of Raw Materials
Opportunity: Pneumatic Tubing in Green Energy Sector and Pneumatic Tubing for Medical Applications
The healthcare industry offers an opportunity for pneumatic tubing systems to thrive in hospitals and clinics where they are being used more frequently for swift transportation of lab samples and medications while reducing direct contact and infection risks which is becoming a common trend, among medical facilities nowadays with potential for manufacturers to explore this growing market segment effectively.
Challenge: Increased Competition from Alternatives
Supply Chain Landscape
BASF
Dow Chemicals
Freelin-Wade
Nordson Medical
Festo
SMC Corporation
Automotive Industry
Food & Beverage Industry
Medical Equipment
BASF
Dow Chemicals
Freelin-Wade
Nordson Medical
Festo
SMC Corporation
Automotive Industry
Food & Beverage Industry
Medical Equipment
Applications of Pneumatic Tubing in Industrial Automation Systems, Retail Store Operations & Healthcare Facilities
Recent Developments
Bosch Rexroth unveiled its smart pneumatic tubing system, incorporating IoT technologies, to optimize automatic control in machinery