Global Vacuum Pumps Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Vacuum Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global vacuum pumps market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global vacuum pumps market size reached US$ 5.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
Vacuum pumps are devices designed to remove gas molecules from a sealed volume, creating a vacuum or low-pressure environment. They comprise positive displacement pumps like rotary vane and piston pumps, which generate a vacuum by displacing gas. They also consist of momentum transfer pumps, which utilize high-speed jets of vapor to propel gas molecules out of the system. They include adsorption and cryogenic pumps, which trap gases by condensing them at extremely low temperatures. They encompass regenerative or claw pumps, which use a rotating mechanism to compress and discharge gas, providing continuous operation. Vacuum pumps operate based on different principles, such as positive displacement, momentum transfer, and entrapment. They are categorized by their pressure range, from rough vacuum (higher pressure) to high vacuum (lower pressure), depending on the specific application requirements. They enable precise control over pressure conditions, ensuring the success of various manufacturing and research processes. They help prevent contamination by removing unwanted gases and particles in industries like electronics and pharmaceuticals, where a clean environment is critical. They contribute to overall energy efficiency in industrial processes, reducing operational costs. They are versatile tools adapted for use in diverse applications across industries, making them indispensable for various technological advancements. They contribute to cost savings in terms of reduced energy consumption and maintenance expenses.
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Global Vacuum Pumps Market Trends and Drivers:
At present, the increasing focus on energy efficiency to reduce the cost of electricity bills and carbon footprint among businesses represents one of the crucial factors impelling the growth of the market. Besides this, the rising shift away from traditional oil-sealed rotary vane pumps to dry vacuum pumps, as they eliminate the need for lubricating oil, reduce the risk of contamination, and minimize environmental impact, is contributing to the market growth. Manufacturers are responding by developing innovative dry pump solutions to meet the demand for cleaner and more efficient vacuum pump technologies. In addition, the growing complexity of electronic components and the demand for higher processing speeds, along with the need for precise vacuum conditions in the semiconductor manufacturing processes, is offering a favorable market outlook. Apart from this, there is an increase in the utilization of vacuum pumps in the pharmaceutical sector for freeze-drying, distillation, and degassing purposes. The stringent quality standards and regulatory requirements in the pharmaceutical sector is also driving the demand for reliable and efficient vacuum pump solutions. Manufacturers are investing in research and development (R&D) to create energy-efficient vacuum pump technologies that not only reduce operational costs but also align with global sustainability goals. Additionally, the rising employment of vacuum pumps in space simulation chambers to replicate the vacuum of outer space for testing aerospace equipment and materials is supporting the market growth. Moreover, the increasing adoption of vacuum pumps in laboratories for various applications, including distillation, filtration, and analytical instrument operation, is bolstering the market growth. Furthermore, the rising integration of vacuum pumps in dental vacuum systems, used to remove excess fluids, ensuring a clear field of view for the dentist and a more comfortable experience for the patient, is propelling the market growth.
Global Vacuum Pumps Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Atlas Copco AB, Becker Pumps Corporation, Busch Group, Cutes Corporation, Ebara Corporation, Flowserve Corporation, Graham Corporation, Ingersoll Rand Inc., Pfeiffer Vacuum GmbH, PPI Pumps Pvt. Ltd., Tsurumi Manufacturing Co. Ltd. and ULVAC Inc.
The report segmented the market on the basis of region, type, lubrication, pressure and application.
Breakup by Type:
- Rotary Vacuum Pumps
- Rotary Vane Pumps
- Screw and Claw Pumps
- Roots Pumps
- Reciprocating Vacuum Pumps
- Diaphragm Pumps
- Piston Pumps
- Kinetic Vacuum Pumps
- Ejector Pumps
- Turbomolecular Pumps
- Diffusion Pumps
- Dynamic Pumps
- Liquid Ring Pumps
- Side Channel Pumps
- Specialized Vacuum Pumps
- Getter Pumps
- Cryogenic Pumps
Breakup by Lubrication:
- Dry Vacuum Pump
- Wet Vacuum Pump
Breakup by Pressure:
- Rough Vacuum Pumps (103 Mbar to 1 Mbar)
- Medium Vacuum Pumps (1 Mbar to 10-3 Mbar)
- High Vacuum Pumps (10-3 Mbar to 10-7 Mbar)
- Ultra-High Vacuum Pumps (10-7 Mbar to 10-12 Mbar)
- Extreme High Vacuum Pumps (Less Than 10-12 Mbar)
Breakup by Application:
- Oil and Gas
- Electronics
- Medical
- Chemical Processing
- Food and Beverages
- Power Generation
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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