Sales of Vacuum Pumps Is Anticipated to Register a Positive CAGR of 7% By 2032
The demand for vacuum pumps increased at a CAGR of 5.2% in terms of value. Vacuum pumps have recently grown in popularity as a result of their many advantages, including evaporation, drying, filling, conveying, assembling, material handling, and many more. With a market value of US$ 719.09 Million in 2022, the vacuum pump market is projected to grow at a positive CAGR of 7% between 2022 and 2032 to reach US$ 1,415 Mn.
The prospects included in this section range from the capacity to produce items to the provision of retail, wholesale, and exhibition services. To get at various estimations and projections for the market demand for vacuum pumps at both the global and provincial levels, Fact.MR analysts conducted extensive rounds of both essential and optional research.
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Market Players: –
- Atlas Copco
- Ebara Corporation
- Busch Vacuum Solution
- Edwards (Atlas Copco)
- Leybold GmbH
- ULVAC
- Becker Pumps Corporation
- Garder Denver Inc. (Ingersoll Rand)
- Gebr. Becker GmbH
- Pfeiffer Vacuum GmbH
- KNF Neuberger Inc.
- Sihi Group B.V (Flowserve)
- Tuthill Corporation
- Vooner FloGard Corporation
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
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Key Market Segments Covered in the Industry Report
- By Pump Type
- Positive Displacement
- Liquid Ring
- Rotary Screw Pumps
- Rotary Root Pumps
- Dry
- Dry Screw
- Dry Scroll
- Dry Diaphragm
- Dry Clan & Hook Pumps
- Others
- Centrifugal
- Momentum Transfer
- Rotary Vane
- Turbo Molecular
- Regenerative Application
- Positive Displacement
- By Lubrication
- Dry
- Wet
- By Application
- Assembly
- Conveying
- Dehydration/Drying
- Engine Testing
- Evaporation & Distillation
- Filling
- Holding/Chucking
- Manufacturing
- Material Handling
- Thermoforming
- Other Applications
- By Mechanism
- Gas Transfer Vacuum Pump
- Gas Binding Vacuum Pump
- By Pressure
- Rough (10.3 bar-1 bar)
- Medium Vacuum (Pumps 1 mbar-10-3 mbar)
- High (10-3mbar-10-7 mbar)
- Ultra-High (10-7 mbar-10-12 mbar)
- Extreme High (less than 10-12 mbar)
- By Flow
- Upto 85 ACFM
- Upto 150 ACFM
- Upto 550 ACFM
- Upto 1500 ACFM
- Upto 4500 ACFM
- Upto 8500 ACFM
- Upto 15000 ACFM
- Upto 17000 ACFM
- By End Use Vertical
- Aerospace & Defense
- Automotive
- Chemical & Petrochemical
- Electronics & Semiconductors
- Food & Beverage
- Healthcare & Pharmaceuticals
- Mining & Construction
- Oil & Gas
- Packing
- Power Generation
- Other End User Verticals
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
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Competitive Landscape
The market is moderately fragmented in terms of the supply pie. Key players such as Atlas Copco, Gardner Denver, and Edwards (Atlas Copco) hold a majority of the market share and are key price controllers in the vacuum pump landscape.
- In January 2022, Atlas Copco completed the acquisition of HHV Pumps Pvt. Ltd. The manufacturer specializes in the design and fabrication of vacuum pumps and systems used in a variety of industrial applications.
- In August 2021, EDS introduced a new benchmark in the dry screw vacuum pump market. Designed for the most difficult chemical and industrial installations. With contaminant handling capabilities that are second-to-none even in harsh chemical and industrial environments, the EDS range is available in both air and water-cooled versions. A combination of simplicity, ease of maintenance, and high speed make the EDS range the perfect solution for harsh industrial and chemical applications.
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