Report Code: A16063 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Vane Pump Market
Request Now !The vane pump market is experiencing significant growth and is expected to grow significantly in the next few years. A vane pump is a positive displacement pump that uses the reciprocating motion of a rectangular vane in a slot to move a liquid. Vane pumps are capable of handling thin and low-viscous fluids such as water and petrol. They are often used in fuel loading and transport facilities owing to their capability to handle fluids with a wide range of viscosities.
They are further used in various automobile applications, such as power steering and transmission pumps. They are capable of handling fluids with varying pressures and temperatures. They generally operate between a flow ranges of 20 to 9,500 lpm. Vane pumps are known for their capacity to develop vacuums and do dry runs, and they are less sensitive to viscosity and pressure variations. Major players in the industry are focusing on developing more efficient and cost-effective vane pumps.Â
Description
A typical vane pump consists of a casing, outlet port, shaft, rotor, sliding vanes, and cam ring. A vane pump is a positive displacement pump that is used to increase the pressure of flowing fluids with the help of vanes that are mounted on a rotor. Some vanes pumps have variable length vanes, but some vanes can be tensioned to maintain contact between the walls as the pump rotates. They can be equipped in various configurations including sliding vane, flexible vane, swinging vane, rolling vane, and external vane. Vanes can operate in temperatures ranging from 32°C to 260°C.
COVID-19 Impact analysis
Top Impacting Factors
Despite the recent down trend in the automotive industry, it is predicted to grow steadily in the coming years, which is a major driver for the vane pump industry in the forecast period. Rise in global population has also fueled industries, thereby creating a demand for chemicals and gases. The ability to handle low viscosity fluids, such as alcohols, solvents, ammonia, and LPG, drives the vane pimp market. However, the complex design of vane pumps and their inability to handle highly viscous fluids is a major restraint in the growth of vane pump market. The rapid development of EVs is expected to boost the automotive industry, due to low maintenance and operating costs of EVs. Furthermore, surge in purchasing power of countries in the Asia-Pacific - is expected to boost the automotive industry in the region. According to the International Energy Agency, India has approximately 25 vehicles per thousand people as of 2020, and the number is expected to reach 150 by the year 2040. Increase in number of vehicles in the Asia-Pacific is expected to create lucrative growth opportunities for the vane pump market.
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