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Global Air Knife Systems Market
The Global Air Knife Systems Market holds the potential to reach USD XX Mn. by 2027 from USD XX Mn in 2019. The report covers the detailed analysis of the Global Air Knife Systems industry with the classifications of the market on the basis of type, application, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
Air knife system is a non-contact method utilized for removing unwanted surface liquid, dirt, moisture, coating, contaminants, and others from the product during the manufacturing process as the product travel on the conveyor. Air knives are used in a wide range of industries including food and beverage, automotive, Rubber and plastic, and others. Increasing demand for efficient air knife systems for a wide range of industrial applications is expected to create lucrative business opportunities during the forecast period.
The report has profiled eleven key players in the market from different regions. However, the report has considered all market ...
... leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in APAC region. Major country’s policies about manufacturing and its impact on market demand are covered in the report.
Market Dynamics
Growing industrialization is driving the market
Growing industrialization is one of the major factors behind the market growth over the forecast period. Automation is further expected to fuel the market. Air knife systems provide an efficient way to blow off the debris or dirt from the manufacturing product; hence they are highly preferred in various industries. Air knives produce low noise and their operating cost is low as compared to other traditional systems. The Air knife system is used as a first step in the recursive recycling process. Increasing demand for effective dirt removal in the food and beverage industry is expected to propel the market growth over the forecast period. The ease of installation of an air knife system is also one of the reasons behind the growing adoption of the system in various sectors. The increasing use of conveyors in the manufacturing industry for part handling is expected to drive the market demand during the forecast period. Low energy consumption of air knife systems is expected to create a positive influence on the market during the forecast period.
Lack of awareness regarding benefits of air knife system is expected to hinder the market growth.
Lack of awareness regarding benefits of air knife systems and high installation cost of air knife systems are the restraining factor for the market.
Increasing use of air knife system in automotive sector is expected to create new opportunities.
Increasing demand for air knife systems in the rebounding automotive sector is expected to create lucrative opportunities for the market. Moreover, growing technological advancement in the air knife system is expected to generate new prospects for the market over the forecast period.
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Scope of Global Air Knife Systems Market: Inquire before buying
The market is divided into three main segments and further into sub-segments to forecast the market size by value.
Global Air Knife Systems Market, By Type.
• Blower Assisted Air Knife System
• Compressed Air Assisted Air Knife System
Global Air Knife Systems Market
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Compressed air assisted air knife system segment is expected to command the largest market share of XX% by 2027.
A compressed air-assisted air knife system is more compact and provides quieter operation as compared to other systems. The low maintenance cost of the compressed air-assisted air knife system is expected to drive the segment growth over the forecast period. Moreover, a compressed air-assisted air knife system generates more force as compared to a blower assisted system, which is further expected to accelerate segment growth during the forecast period.
Global Air Knife Systems Market, By Application
• Food & Beverages
• Industrial & Electronics
• Automotive
• Aerospace & Defense
• Medical devices
• Pharmaceutical
• Packaging
• Rubber & Plastics
Global Air Knife Systems Market 1
Food & beverages and automotive segments are expected to register the significant growth during the forecast period.
High demand for effective contaminant removal in the food & beverages industry is expected to propel the segment growth during the forecast period. Growing concern regarding Hygiene in the food and beverage industry is the supporting factor for the segment growth. The Air knife system is also used for the removal of moisture, which is further expected to accelerate the segment growth over the forecast period. The automotive segment is also expected to register significant growth during the forecast period. Thanks to the ability of the air knife system to efficiently remove surface water and dust from the automotive parts.
Global Air Knife Systems Market, By Region.
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Asia Pacific is expected to register the highest growth at XX% CAGR over the forecast period.
Asia Pacific is expected to register the highest growth at XX% CAGR over the forecast period. Growing industrialization and automation in the region are expected to fuel market growth. Asia is already the largest market for automotive, increasing demand for air knife systems in the automotive sector is expected to propel the market growth over the forecast period. The growing food and beverage industry with an increasing population is expected to create a surge in the demand for air knife systems. Shifting manufacturers' focus to APAC and an increasing number of manufacturing facilities in the Asia Pacific are expected to boost the market growth over the forecast period. North America is also expected to register significant growth at XX% CAGR over the forecast period. The growing food processing industry in the region is expected to fuel the market growth over the forecast period. The presence of key players in the region is the supporting factor for the market.
Global Air Knife Systems Market2
Covid-19 Impact on the Global Air Knife Systems Market:
• The coronavirus pandemic has placed tremendous pressure on businesses and sectors across the globe. Governments from all countries have introduced a lock-up to detect the transmission of infectious diseases. The contribution of these regulations has created a negative impact on Air Knife systems industry.
• The coronavirus adversely impacted the Air Knife Systems market. Restriction on public transportation and the disruption caused by the lockdown would harm the market. Most of the sectors are not functioning properly due to the influence of Covid-19 which has caused an adverse impact on the Global Air Knife Systems Market.
The objective of the report is to present a comprehensive analysis of the Global Air Knife Systems Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Air Knife Systems Market dynamics, structure by analyzing the market segments and project the Global Air Knife Systems Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Air Knife Systems Market make the report investor’s guide.
Competitive Insight
The companies are using acquisition and strategic partnership as a business strategy to expand the global footprint and improve their product portfolio. For instance, recently Solvair ltd. formed a strategic partnership with distributor Al Fanar Al Dhahabi Equipments Trading L.L.C. to improve the air knife sales and strengthen their position in the market. Companies are also focused on developing air knife systems for various industrial applications. The report also covers a detailed analysis of all the key players, their business strategy, and financial details.
Global Air Knife Systems Market, by Type
• Blower Assisted Air Knife System
• Compressed Air Assisted Air Knife System
Global Air Knife Systems Market, by Application
• Food & Beverages
• Industrial & Electronics
• Automotive
• Aerospace & Defense
• Medical devices
• Pharmaceutical
• Packaging
• Rubber & Plastics
Global Air Knife Systems Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Global Air Knife Systems Market
• Aico Engineers
• Air Control Industries Ltd
• Spraying Systems Co.
• Axton Products
• Paxton Products
• EXAIR Corporation
• Summit Dynamics, Inc.
• Nexgen Drying Systems Pvt. Ltd.
• SolvAir Limited
• Sonic Air System
• Simco Ion
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