Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 784.12 million | USD 1,218.51 million | 5.02% | 2023 |
The global industrial air cannon market size was worth around USD 784.12 million in 2023 and is predicted to grow to around USD 1,218.51 million by 2032 with a compound annual growth rate (CAGR) of roughly 5.02% between 2024 and 2032.
Industrial air cannons are pneumatic flow-enabling solutions. It is used for displacing stalled material in industries such as construction, food & beverages, and other sectors. In a typical application process, industrial air cannons deploy compressed air into a tank thus aiding the displacement of blocked components or material. The air compression generally stands at 100 psi. The two main components of industrial air cannons include a nozzle and a tank containing compressed air. They are used for relieving blockages in silos and most industrial air cannons have two methods of operation. The primary method deals with manual operation while the second and emerging segment is electric operation. The latter is powered using an electrically controlled pneumatic battery changeover valve. There are several benefits associated with industrial air cannons including higher cost-efficiency, safety, and increased overall performance efficiency. The most common application of industrial air cannons is witnessed in the cement manufacturing industry since the device is used across processes related to cement production. However, industrial air cannons also have higher demand in other segments such as food processing and mining-related events. During the forecast period, the industry growth in the industrial air cannon sector will be a result of increased innovation as well as higher demand from the end-user industries. However, market players must remain wary of the challenges that may arise in the raw material supply chain in the forecast period.
Growing investments in infrastructure development processes may drive the market demand rate
The global industrial air cannon market is expected to witness high growth due to the growing investments in infrastructure development processes across the globe. Countries worldwide are focusing on investing heavily in infrastructure projects including changes in transportation ways, telecommunications, utilities, and other sectors. Industrial air cannons are used across such projects during various procedures. For instance, they are used for managing material flow that may get blocked in chutes and silos. Moreover, they are used during demolition as the intense air force is used for breaking hard surfaces including soil and rock. In December 2023, the UK witnessed the commencement of the region’s most expensive road project after receiving approval for €1.15 billion for upgrading the A428 connecting Milton Keynes and Cambridge. The project will enlist the construction of a 16km dual carriageway in the region of Cambridgeshire. In September 2023, Croatian Highways were reported to be seeking contractors to invest in the completion of two main capital highway routes. The project is worth 860 million euros and the contracts are expected to be signed in 2024. Such developments are likely to entail higher demand for industrial air cannons during the projection period.
Cement industry to fuel market growth trend as per latest findings
Industrial air cannons play a comprehensive role in the cement manufacturing industry. These devices are used across sections including the raw mill, raw material proportion & conveying, crushing & conveying, cement grinding, clinker calcination, and cement storage & shipping. The cement manufacturing industry has been growing at a rapid rate driven by the rise in the construction of infrastructure-based projects such as commercial and residential buildings or roadways. Respective governments in several parts of the world have green-lighted several initiatives to generate more investments in the cement manufacturing sector thus contributing to higher demand in the global air cannon market. In April 2024, UltraTech Cement announced that it would be investing over INR 800 crore to expand its presence in the Maharashtra state of India. UltraTech Cement is India’s largest cement producer and to achieve its vision, it will buy a 1.1 million tonne grinding unit in the state.
Limited application of air cannon devices may restrict the market growth rate
The global industry for industrial air cannon is expected to be restricted due to the limited application of the device in effectively dislodging the stalled material in chutes, bins, and silos. For instance, excessive material build-up across bin walls cannot be effectively cleaned using industrial air cannons and will require manual cleaning. In addition to this, industrial air cannons cannot prevent material build-up. They can only clean the blocks. Hence, the devices must prove their cost efficiency for higher adoption.
Increasing innovation rate and launch of new solutions may generate high growth opportunities
The global industrial air cannon market is projected to generate extensive growth opportunities due to the growing rate of innovation and the launch of novel solutions with higher performance value. In April 2024, Martin Engineering, a leading producer of bulk handling solutions, celebrated the 50th anniversary of the first-ever low-pressure air cannon, an invention by the company. The solution has been widely accepted in the bulk processing market since it helps eliminate internal blockages and build-ups. In addition to this, market players can experiment with automated solutions by deploying smart technologies for controlling cannon operations remotely. Furthermore, industrial air cannons can be made more efficient by working on delivering improved valve operational systems such as precision control over device variables such as air flow rate and timing. The rising integration of industry 4.0 solutions and artificial intelligence (AI) in devices used during bulk manufacturing processes may further impact the market demand in the coming years.
Increasing investments in the utilities sector may trigger higher growth in the industry
The power & utilities sector has a high demand for industrial air cannons. The blockage-reducing device is used in power plants coal as a means for generating energy. Industrial air cannons are used for keeping chutes and silos free of blockage that can be caused by debris originating from burning fuel. The growing power demand across the globe in commercial, residential, and industrial settings will generate high growth opportunities for industrial air cannons. In addition to this, the utilities segment is growing at a fast pace with the steady growth in the population rate. In June 2023, South Africa announced the development of a new office focusing on managing water procurement investments. The surging demand for essential utilities and the associated investments will help the global industrial air cannon market grow.
Concerns over energy efficiency of the device may challenge the market expansion rate
The global industry for industrial air cannons is expected to be restricted due to the concerns over energy efficiency of the device. Since the performance of industrial air cannons depends on compressed air, the tools may not qualify as sustainable solutions since the process of obtaining compressed air is highly resource-intensive. In addition to this, companies on limited budgets may be unable to justify the cost of buying and operating industrial air cannons.
The global industrial air cannon market is segmented based on application, type, and region.
Based on the application, the global market segments are industrial and construction. In 2023, the highest growth was observed in the construction segment. Industrial air cannons have an integral role to play in the cement manufacturing segment. They are used for the removal of lodged particles in silos and other equipment thus allowing smooth functioning of the process. The rising demand for cement across infrastructure projects is driving the segmental demand. The global average cement consumption rate is between 500 to 560 kg per capita.
Based on the type, the global industry divisions are typhoon air cannon and hurricane air cannon. In 2023, the demand was highest in the hurricane air cannon segment driven by the higher versatility of the variant. It has wide applications across industries as it is used in bulk manufacturing processes. Typhoon air cannons have a higher demand in the cement production sector. In 2023, the global cement industry was valued at over USD 406 billion.
Report Attributes | Report Details |
---|---|
Report Name | Industrial Air Cannon Market |
Market Size in 2023 | USD 784.12 Million |
Market Forecast in 2032 | USD 1,218.51 Million |
Growth Rate | CAGR of 5.02% |
Number of Pages | 213 |
Key Companies Covered | Fike Corporation, Jost GmbH, Global Manufacturing Inc., Martin Engineering, Cleveland Vibrator Company, Vortex Global, Vibco Vibrators, Coperion K-Tron, JPI Industries, Nol-Tec Systems, FineTek, AIRMATIC Inc., Siethom Group, ACT Group and STT Storage & Transfer Technologies., and others. |
Segments Covered | By Application, By Type, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia-Pacific to emerge as a clear winner during the forecast period
The global industrial air cannon market will be dominated by Asia-Pacific during the projection period. The reason for the higher growth rate is the presence of a massive cement manufacturing industry in Asia-Pacific. China and India are among the largest producers of cement with the former leading the global production rate. As per official estimates, the country produces more than 2.12 billion metric tons of cement in 2022. However, in 2024, reports emerged that the country witnessed a massive decline in cement capacity utilization. As per market research, regional cement capacity utilization fell by 50% in April 2024 in comparison to 80% in 2024 influenced by the dropping cement demand in the regional coal industry. India, on the other hand, is expected to witness steady growth. In May 2024, Dalmia Bharat Ltd, a leading Indian cement maker, started production at its new facility in Tamil Nadu. The total investments associated with the new site stand at INR 204 crore. The surging infrastructure development expenditure in India and the growing demand for housing units will fuel the consumption rate thus creating more opportunities for industrial air cannons.
The global industrial air cannon market is led by players like:
By Application
By Type
FrequentlyAsked Questions
Industrial air cannons are pneumatic flow-enabling solutions. It is used for displacing stalled material in industries such as construction, food & beverages, and other sectors.
The global industrial air cannon market is expected to witness high growth due to the growing investments in infrastructure development processes across the globe.
According to study, the global industrial air cannon market size was worth around USD 784.12 million in 2023 and is predicted to grow to around USD 1,218.51 million by 2032.
The CAGR value of industrial air cannon market is expected to be around 5.02% during 2024-2032.
The global industrial air cannon market will be dominated by Asia-Pacific during the projection period.
The global industrial air cannon market is led by players like Fike Corporation, Jost GmbH, Global Manufacturing Inc., Martin Engineering, Cleveland Vibrator Company, Vortex Global, Vibco Vibrators, Coperion K-Tron, JPI Industries, Nol-Tec Systems, FineTek, AIRMATIC Inc., Siethom Group, ACT Group and STT Storage & Transfer Technologies.
The report explores crucial aspects of the industrial air cannon market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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