Global Industrial Air Knife System Market Growth 2023-2029
The global Industrial Air Knife System market size is projected to grow from US$ 83 million in 2022 to US$ 124.3 million in 2029; it is expected to grow at a CAGR of 5.9% from 2023 to 2029.
The global industrial air knife system market is expected to grow during the forecast period (2023-2029). The market is primarily driven by the increasing demand for energy-efficient and cost-effective solutions in various industries, such as automotive, food and beverage, pharmaceuticals, and packaging.North America and Europe are the major sales regions for industrial air knife systems, owing to the presence of a large number of manufacturing industries in these regions. Asia-Pacific is expected to witness significant growth during the forecast period, due to the increasing industrialization and growing demand for automation in the region.The market is highly concentrated, with a few major players dominating the market. Some of the key players in the market include EXAIR Corporation, Vortec, ACI, Streamtek Corp, Paxton Products, and AiRTX International.One of the major challenges faced by the market is the high initial cost of installation and maintenance of industrial air knife systems. However, the growing demand for energy-efficient and cost-effective solutions is expected to create significant opportunities for the market in the coming years. The increasing adoption of automation in various industries is also expected to drive the growth of the market.
LPI (LP Information)' newest research report, the “Industrial Air Knife System Industry Forecast” looks at past sales and reviews total world Industrial Air Knife System sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Air Knife System sales for 2023 through 2029. With Industrial Air Knife System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Air Knife System industry.
This Insight Report provides a comprehensive analysis of the global Industrial Air Knife System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Air Knife System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Air Knife System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Air Knife System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Air Knife System.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Air Knife System market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Aluminum Air Knife
Stainless Steel Air Knife
Other
Segmentation by application
Food Processing
Machinery Manufacturing
Electronics
Automotive
Pharmaceutical
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SolvAir
EXAIR
Atlantic Blowers
Vortex
Vortron
ACI
Airtec
Paxton
Republic
Sonic
Raico Engineers
Cleantek
JetAir
Supreme Air Products
AiRTX
RAETTS
Nexgen
MAAG Group
Meech
Simco-Ion
Secomak
Streamtek
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Air Knife System market?
What factors are driving Industrial Air Knife System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Air Knife System market opportunities vary by end market size?
How does Industrial Air Knife System break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.