The global vacuum pumps market size reached US$ 5.9 Billion in 2022. Looking forward, the publisher 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 compressors drawing gas molecules out of a sealed chamber to generate a partial vacuum or a low-pressure space. They have handles, motors, exhaust fittings, fan covers, and oil drains to help maintain a vacuum, reduce the boiling point of different gases and avoid adverse chemical reactions. They are available in various technologies to suit the pressure requirements and applications. At present, they find extensive applications in electronics, radiopharmacy, radiosurgery and radiotherapy across the globe.
2. What is the expected growth rate of the global vacuum pumps market during 2023-2028?
3. What are the key factors driving the global vacuum pumps market?
4. What has been the impact of COVID-19 on the global vacuum pumps market?
5. What is the breakup of the global vacuum pumps market based on the type?
6. What is the breakup of the global vacuum pumps market based on the lubrication?
7. What is the breakup of the global vacuum pumps market based on pressure?
8. What is the breakup of the global vacuum pumps market based on the application?
9. What are the key regions in the global vacuum pumps market?
10. Who are the key players/companies in the global vacuum pumps market?
Vacuum pumps are compressors drawing gas molecules out of a sealed chamber to generate a partial vacuum or a low-pressure space. They have handles, motors, exhaust fittings, fan covers, and oil drains to help maintain a vacuum, reduce the boiling point of different gases and avoid adverse chemical reactions. They are available in various technologies to suit the pressure requirements and applications. At present, they find extensive applications in electronics, radiopharmacy, radiosurgery and radiotherapy across the globe.
Vacuum Pumps Market Trends:
The thriving chemical industry represents one of the key factors bolstering the growth of the market. Moreover, vacuum pumps are used in composite molding, flight instruments, electron microscopy, photolithography, uranium enrichment, mass spectrometers, cabinetry fabrication, and glass and stone-cutting factories. They are also employed in the food and beverage (F&B) industry for chocolate production, dairy processing, coffee roasting, deaeration of mineral water, and sterilization of tea and spices. In addition, vacuum pumps are utilized in the pharmaceutical industry for crystallization, distillation, drying, and degassing. Besides this, air conditioning and refrigeration systems become contaminated with moisture and incondensable gases like air. The presence of either or both of these elements in these systems can cause internal icing and corrosion. Consequently, there is an increase in the usage of vacuum pumps to eliminate moisture and air from these systems. This, coupled with rising oil and gas exploration activities, is catalyzing the demand for vacuum pumps around the world. Furthermore, significant growth in the oil and gas sector and the rising use of vacuum pumps for the manufacturing of vacuum tubes and electric lamps are creating a positive outlook for the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global vacuum pumps market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.Key Questions Answered in This Report
1. What was the size of the global vacuum pumps market in 2022?2. What is the expected growth rate of the global vacuum pumps market during 2023-2028?
3. What are the key factors driving the global vacuum pumps market?
4. What has been the impact of COVID-19 on the global vacuum pumps market?
5. What is the breakup of the global vacuum pumps market based on the type?
6. What is the breakup of the global vacuum pumps market based on the lubrication?
7. What is the breakup of the global vacuum pumps market based on pressure?
8. What is the breakup of the global vacuum pumps market based on the application?
9. What are the key regions in the global vacuum pumps market?
10. Who are the key players/companies in the global vacuum pumps market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Vacuum Pumps Market
6 Market Breakup by Type
7 Market Breakup by Lubrication
8 Market Breakup by Pressure
9 Market Breakup by Application
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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.
- ULVAC Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 145 |
Published | June 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 5.9 Billion |
Forecasted Market Value ( USD | $ 8.5 Billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |