Laboratory Vacuum Pumps - Global Market Trajectory & Analytics

Global Laboratory Vacuum Pumps Market to Reach $2.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Laboratory Vacuum Pumps estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$2.3 Billion by 2027, growing at a CAGR of 3.3% over the period 2020-2027. Dry Vacuum Pumps, one of the segments analyzed in the report, is projected to record 3.7% CAGR and reach US$1.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rotary Vane Vacuum Pumps segment is readjusted to a revised 2.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $485.3 Million, While China is Forecast to Grow at 6.1% CAGR

The Laboratory Vacuum Pumps market in the U.S. is estimated at US$485.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$469.6 Million by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Select Competitors (Total 42 Featured):

• Atlas Copco AB
• DEKKER Vacuum Technologies, Inc.
• Ebara Corporation
• Edwards Ltd.
• Flowserve SIHI Germany GmbH
• Graham Corporation
• KNF Global Strategies AG
• Leybold GmbH
• Pfeiffer Vacuum GmbH
• Tuthill Corporation
• Ulvac, Inc.
• Welch Vacuum (A Gardner Denver Company)
• Wenling Tingwei Vacuum Equipment Co., Ltd.