Vacuum Pump Market Size and Trends Analysis Report 2022: Business Lines, Top Markets, Regulatory Overview, Competitive Landscape and Forecasts to 2029 -Gardner Denver, Pfeiffer Vacuum, ULVAC, Atlas Copco

PRESS RELEASE
Published February 14, 2023

The Vacuum Pump market research delivers comprehensive research on the present stage of the market, covers market size with respect to assessment as sales volume, and provides a precise forecast of the market scenario over the estimated period. Also focuses on the product, application, manufacturers, suppliers, and regional segments of the market. Vacuum Pump market report research highlights market driving factors, an overview of the market growth, industry size, and market share. Subsequently Vacuum Pump market report depicts the constantly evolving needs of clients, vendors, and purchasers in different regions, it becomes simple to target specific market and generate large revenues in the global industry.

Some of these key players include: Gardner Denver, Pfeiffer Vacuum, ULVAC, Atlas Copco, Tuthill, Graham, Becker, Gast (IDEX), Busch, KNF Neuberger, Tsurumi Manufacturing, Ebara, Flowserve SIHI, Cutes Corp., Samson Pump, PPI Pumps, Zhejiang Value, Wenling Tingwei and others.

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Vacuum Pump Market size was valued at USD 5.23 Billion in 2021 and is projected to reach USD 8.75 Billion by 2030, growing at a CAGR of 6.66% from 2022 to 2030.

Market Drivers:

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.

Key Developments:

May 2022 – Atlas Copco launched a new range of GHS VSD+ vacuum pumps. The new GHS 1402-2002 VSD+ series pumps have a new design for better performance, smaller footprint, optimal oil separation, and an innovative new controller to support the use cases of Industry 4.0. The company offers these speed-driven screw pumps in three pumping speed classes.

August 2021 – Pfeiffer Vacuum announced its new HiPace 80 Neo turbopump, which features a more extended life before service and reduced vibration and noise emissions. These benefits are made possible with the new, advanced Laser Balancing system developed for turbopump rotors.

May 2022 – Advik Hi-Tech, a leading automotive component manufacturer, announced that it had entered into an exclusive technology licensing agreement with Entecnia, Spain, for electric vacuum pumps for braking systems of passenger cars. The partnership is expected to enable Advik to cater to OEMs entering the xEV’s space as well as help them reduce CO2 emissions for ICE vehicles.

Global Vacuum Pump Market by Type:

Wet vacuum pumps

Dry vacuum pumps

Global Vacuum Pump Market by Application:

Industrial and Manufacturing

Chemical Processing

Semiconductor & Electronics

Others

Regional Assessment:

Geographically, the global Vacuum Pump market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)).

Market Segment Analysis:

The Vacuum Pump Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analysed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.

The Research covers the following objectives:

– To study and analyze the Global Vacuum Pump consumption by key regions/countries, product type and application, history data from 2016 to 2021, and forecast to 2028.

– To understand the structure of Vacuum Pump market by identifying its various sub-segments.

– Focuses on the key global Vacuum Pump manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in next few years.

– To analyze the Vacuum Pump with respect to individual growth trends, future prospects, and their contribution to the total market.

– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

– To project the consumption of Vacuum Pump submarkets, with respect to key regions (along with their respective key countries).

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Reasons to buy this Report:

-The report analyzes companies across the globe in detail.

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-This report includes a comparison of market competitors and a discussion of the standpoints of the major players.

-Market reports provide information regarding recent developments, mergers, and acquisitions involving market trader.

The report on the market presents a critical assessment of frameworks for branding decisions, market fit growth strategies, and approaches for leaders and pioneers. The study analyzes distribution channel, product portfolio, business units of top players, and goal attacking, and market expansion.

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