The global pneumatic tube systems market is estimated to grow at a CAGR of nearly 6.0% during the forecast period. An emerging application of pneumatic tube system in retail and waste disposal is fueling the adoption of pneumatic tube systems. The retail sector involves the management of warehousing, movement of products in retail stores, and cash transfer activities securely and efficiently. As a result, the dependency on automation solutions has been increasing in the retail sector. Expansion of retail warehouse operations has emerged the need for systems that can easily transport goods within the facility and accelerate the safety and efficacy of the logistics operations. This leads to the adoption of pneumatic tube systems in the retail sector for faster and reliable operations.
Browse the full report description of "Global Pneumatic Tube System Market Size, Share & Trends Analysis Report, By System Type (Single-Line, Multi-Line, and Point-to-Point), By Function (Semi-Automatic and Fully Automatic), By End-User (Medical, Commercial, and Industrial) and Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/pneumatic-tube-system-market
Pneumatic tube systems can save money and time by increasing the efficiency in retail operations to transport cash and enhance security, as well as minimize exposure of the company to internal and external thefts. In the retail sector, employee theft and shoplifting are the major cause of cash losses and is growing significantly. Therefore, retailers are increasingly implementing intelligent cash handling systems to significantly reduce cash shrink, streamline cash handling processes, increase security, and offer significant operational efficiencies. As a result, the adoption of pneumatic tube systems has been gaining significance as a solution for cash loss prevention among retailers. Some major retailers such as IKEA, Walmart, Lowe’s, and Home Depot globally are using Aerocom’s pneumatic tubes for transportation of products and cash safely and quickly.
Further, increasing demand for automated waste disposal is contributing to the adoption of pneumatic tube systems. Owing to the rising inclination towards hygienic disposal of increasing amounts of waste has led the government to focus towards the pneumatic underground solution. It offers a hygienic way of waste disposal and is regarded as safer, cost-effective, and environmentally friendly. Increasing smart cities mission across the countries have been further reinforcing the pneumatic transport of solid waste and recyclables. Multiple smart city projects witnessed in China, Germany, India, and the US, China. As per the German Asia-Pacific Business Association, there are nearly 500 smart city pilot projects have already been running in the country.
The trend towards smart cities is encouraging the adoption of smart waste handling solutions that can reduce pollution and increasing efficiency of the waste disposal process. Pneumatic systems support automated transport of recyclables and waste from the deposit point to the collection station. The use of stationary pneumatic system enables the transportation of garbage by air through pipes, which eliminates the need for waste collection by trucks. It supports the reduction in pollution caused by waste collection vehicles. This, in turn, will contribute to the growth of the global pneumatic tube systems market.
Global Pneumatic Tube System Market- Segmentation
By System Configuration
By Function
By End-User
Global Pneumatic Tube System Market– Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/pneumatic-tube-system-market