0
New
New
2022
Vacuum Pumps Market

Vacuum pumps Market

by Lubrication (Dry, Wet), by Pressure (Low vacuum pumps, Medium vacuum pumps, High vacuum pumps, Ultra-high vacuum pumps, Extreme high vacuum pumps), by End user (Automotive, Chemical and Petrochemical, Aerospace and Defense, Oil and Gas, Healthcare and Pharmaceuticals, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Report Code: A07861
Pages: 225
Jul 2022 | 1611 Views
Author(s) : Aadarsh M , Onkar S
Tables: 145
Charts: 60
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

Vacuum Pumps Market Research, 2031

The global vacuum pumps market size was valued at $5.4 billion in 2021, and is projected to reach $9.3 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

A vacuum pump is a device that removes gas molecules from an enclosed space to partially generate a vacuum. The major function of vacuum pumps is to produce a partial vacuum inside a container. It is used in a wide range of applications such as chemical & petrochemicals, oil & gas, powered jet aircraft, tilt tanks, and assembly equipment. Vacuum is used to provide support for mechanical devices. For example, this pump can be equipped on engines of hybrid and diesel vehicles.

The COVID 19 outbreak has affected the growth of the vacuum pumps industry owing to the lockdown measure in the countries and delay in production and manufacturing of vacuum pumps which are utilized in automotive, foods & beverages, healthcare and pharmaceuticals, aerospace, and other sectors.

Vacuum pumps Market, Vacuum pumps Industry, Vacuum pumps Market size, Vacuum pumps Market share, Vacuum pumps Market growth, Vacuum pumps Market trends, Vacuum pumps Market analysis, Vacuum pumps Market forecast, Vacuum pumps Market opportunity

Vacuum pumps are used in healthcare and pharmaceutical sectors for delivering vacuum pressure for aspiration and ensuring that both patient rooms and surgery rooms are safe and efficient.. Moreover, semiconductor and electronics industries are expected to experience significant advances that will accelerate vacuum pumps market growth. For instance, according to the Semiconductor Industry Association, global semiconductor sales reached $144.8 billion in the third quarter of 2021, representing an increase of 27.6% year over year compared to third quarter of 2020, which boosted the sales of vacuum pumps. This is attributed to the fact that vacuum pumps are essential for the fabrication of semiconductors; therefore, the rising global demand for chips and the exceptional production efforts made by industry players will likely boost demand for these pumps. For example, Pfeiffer Vacuum introduced a new compact Roots Pump with high pumping speed. It is being used in many industrial vacuum applications, including electron beam welding and vacuum furnaces.

The vacuum pumps market is experiencing significant growth as a result of an increase in automotive, healthcare, and oil & gas activities. Furthermore, the growth of the market is driven by increased usage of vacuum pumps in cars for safety purposes, as they keep the engine functioning for a longer time, thus increasing the service life of the engine. Moreover, the implementation of regulatory standards to maintain clean rooms and surgical protocols, rapid technological advances, and increase in number of surgical procedures escalate the demand for vacuum pumps in the healthcare sector.

Vacuum pumps Market
By Lubrication

Your browser does not support the canvas element.

The dry vacuum pumps segment was the highest revenue contributor in 2021.

Get more information on this report : Request Sample Pages

On the basis of lubrication, the dry segment generated the highest vacuum pumps market share in 2021, due to an increase in oil & gas activities. Dry vacuum pumps minimize the contamination from oil and other chemicals to offer higher purity. Moreover, they require less maintenance, as they do not require changing of oil frequently.

Vacuum pumps Market
By End User

Your browser does not support the canvas element.

The chemical and petrochemical segment dominated the market in 2021.

Get more information on this report : Request Sample Pages

Depending on the end user, the chemical & petrochemicals segment accounted for the highest revenue in the global market in 202,1 owing to the expansion of small and large chemical industries. Vacuum pumps provide suction to drive the liquid filtration process.

The novel coronavirus (COVID-19) rapidly spread across various countries and regions in 2019, causing an enormous impact on lives of people and the overall community. It began as a human health condition and has now become a significant threat to global trade, economy, and finance. The COVID-19 pandemic halted the production of many products in the vacuum pumps market, owing to lockdowns. Furthermore, the number of COVID-19 cases is expected to reduce in the future with the introduction of the vaccine for COVID-19 in the market. This has led to the reopening of vacuum pumps companies at their full-scale capacities. This is expected to help the market recover by the end of 2022. After COVID-19 infection cases begin to decline, equipment & machinery producers must focus on protecting their staff, operations, and supply networks to respond to urgent emergencies and establish new methods of working.

Vacuum pumps Market
By Region

2031
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific garnered the largest market share in the global vacuum pumps market in 2021.

Get more information on this report : Request Sample Pages

Asia-Pacific registered the highest revenue in 2021 and is expected to register a significant CAGR in the vacuum pumps market forecast period, owing to the expansion of the automotive, oil & gas, healthcare, and aerospace sectors. Moreover, the presence of various electronic and semiconductors manufacturers in the Asia-Pacific countries such as China, Japan, and India is driving the market growth.

The vacuum pumps market is segmented into Lubrication, Pressure and End user. On the basis of type, the market is divided into dry vacuum pumps and wet vacuum pumps. Depending on pressure, it is categorized into low vacuum medium vacuum, high vacuum, ultrahigh vacuum, and extreme high vacuum. By end user, it is fragmented into automotive, chemical & petrochemical, aerospace & defense, oil & gas, healthcare & pharmaceutical, and others. Region wise, the market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition Analysis

The key players that are operating in the vacuum pumps industry are Atlas Copco, Becker Pumps Corporation, Busch Vacuum Solutions (Busch Group), Ebara Corporation, Flowserve Corporation, GlobalVac & Air, Graham Corporation, Ingersoll Rand, Pfeiffer Vacuum GmbH, and ULVAC Inc.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vacuum pumps market analysis from 2021 to 2031 to identify the prevailing market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the vacuum pumps market segmentation assists to determine the prevailing vacuum pumps market opportunity.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global vacuum pumps market trends, key players, market segments, application areas, and market growth strategies.

Vacuum pumps Market Report Highlights

Aspects Details
Lubrication
  • Dry
  • Wet
Pressure
  • Low vacuum pumps
  • Medium vacuum pumps
  • High vacuum pumps
  • Ultra-high vacuum pumps
  • Extreme high vacuum pumps
End user
  • Automotive
  • Chemical and Petrochemical
  • Aerospace and Defense
  • Oil and Gas
  • Healthcare and Pharmaceuticals
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Atlas CoVacuum pumpo AB, Becker Pumps Corporation, Busch Vacuum Solutions, Ebara Corporation, Flowserve Corporation, GlobalVac & Air, Graham Corporation, Ingersoll Rand, Pfeiffer Vacuum GmbH, ULVAC Inc.
 

Loading Table Of Content...


 
 

The vacuum pumps market is expected to exhibit high growth potential in North America, Asia-Pacific, and Europe. Asia-Pacific is projected to remain the major revenue generator. This is attributed to the fact that the countries such as India, China, Japan, and South Korea have observed rapid expansion of the automotive, chemical, healthcare, and oil & gas sectors. Moreover, rise in investments in power generation, pharmaceuticals, semiconductors, and petrochemical sectors significantly impact the vacuum pumps market in Asia-Pacific.

Various market players have adopted strategies such as product launch, business expansion, acquisition, and agreement to expand their businesses and strengthen their market position. For instance, in February 2020, Atlas Copco acquired Dekker Vacuum Technologies Inc., a U.S.-based vacuum equipment manufacturer. The acquisition will help Atlas Copco to improve its existing vacuum pumps portfolio and expand its business to various end user sectors. Such strategic moves by key players are driving the growth of the global vacuum pumps market.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The vacuum pumps market size was valued at $5,438.8 million in 2021.

A. The vacuum pumps market is projected to reach $9,334.2 million by 2031.

A. Asia-Pacific is the largest regional market for Vacuum pumps.

A. The chemical and petrochemical segment dominated the market in 2021.

A. Surge in industrial activities in developing countries, huge investments in R&D by key market players, and technological breakthroughs in vacuum pumps are the upcoming trends of Vacuum pumps Market in the world.

A. High operational and maintenance costs of vacuum pumps are the affecting factors of the market.

A. Product launch is the key growth strategy of Vacuum pumps industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies, and recent developments.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Vacuum Pumps Market

Start reading instantly.
This Report and over 19,267+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,570
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Jul 2023 - Jul 2024)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2023 - Jul 2024)
  • Single User
  • $5,730
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2023 - Jul 2024)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2023 - Jul 2024)
  • Enterprise
    License/PDF

  • $9,600
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jul 2023 - Jul 2024)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers