Meticulous Research® a leading global market research company, published a research report titled, ‘Vacuum Pumps MarketbyType (Gas Transfer Pumps, Gas Bindings/Entrapment Pumps), Lubrication (Dry Vacuum Pumps, Wet Vacuum Pumps), Pressure,End-useIndustryandGeography-GlobalForecaststo2030.’
Thevacuumpumpsmarketisprojectedtoreach$7.57billionby2030fromanestimated$5.51 billion in 2023, ata CAGR of 4.6% during the forecast period of 2023 to 2030. The growth of the vacuum pumps market is driven by the rising adoption of vacuum pumps in the mining industry,thegrowingsignificanceofvacuumpumpsinthechemicalsindustry,andthegrowth in the automotive sector. However, the high-power consumption of vacuum pumps restrains the growth of this market.
Therisingadoptionofvacuumpumpsforseawaterdesalinationandthegrowingimportance of vacuum pumps in the photovoltaics value chain are expected to create growth opportunities for the players operating in this market. However, the improper installation of vacuum pumps isa major challenge formarket growth.
The global vacuum pumps market is segmented by type, lubrication, pressure, end-use industry and geography. The study also evaluates industry competitors and analyses the country and regional-level markets.
Download Free PDF Sample Copy of the Report (with COVID-19 Impact Analysis): https://www.meticulousresearch.com/download-sample-report/cp_id=5500
ScopeoftheReport:
VacuumPumpsMarketAssessment,byType
• Gas Transfer Pumps
• Gas Binding/Entrapment Pumps
• OtherVacuum Pumps
VacuumPumpsMarketAssessment,byLubrication
• DryVacuum Pumps
• WetVacuum Pumps
VacuumPumpsMarketAssessment,byPressure
• Rough Vacuum (1 Bar to 1 Mbar)
• Medium Vacuum (1 Mbar to 10–3 Mbar)
• High Vacuum (10–3 Mbar to 10–7 Mbar)
• Ultra-high Vacuum (10–7 Mbar to 10–12 Mbar)
• Extreme HighVacuum (More than 10–12 Mbar)
VacuumPumpsMarketAssessment,byEnd-useIndustry
• Electronics &Semiconductors
• Aerospace & Defense
• Chemicals
• Automotive
• Healthcare
• Food & Beverage
• Industrial Manufacturing
• Oil &Gas
• Mining
• Construction
• Energy & Utilities
• Other End-use Industries
VacuumPumpsMarketAssessment,byGeography
• Asia-Pacific
o Japan
o China
o India
o South Korea
o Rest of Asia-Pacific
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• North America
o U.S.
o Canada
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa
To Gain More Insights into the Market with a Detailed Table of Content and Figures, Click Here: https://www.meticulousresearch.com/product/vacuum-pumpsmarket-5500
Basedontype,theglobalvacuumpumpsmarketissegmented intogastransferpumps,gas binding/entrapment pumps, and other vacuum pumps. In 2023, the gas transfer pumps segment is expected to account for the largest share of the global vacuum pumps market. Thelargemarketshareofthissegmentisattributedtohighlyefficientapplicationsthatrequire a high level of vacuum, low maintenance cost, and the easy-to-operate nature of these pumpsinoperationssuchaschemicalprocessingandvacuumdepositionprocesses,among others.
Based on lubrication,the global vacuum pumps market is segmented into dry and wet vacuum pumps. In 2023, the wet vacuum pumps segment is expected to account for the larger share of the global vacuum pumps market. The large market share of this segment is attributed to its high pumping speeds, growing demand in various industries such as chemical processing and pharmaceuticals, and the economic and cost-effective nature of these pumps.
Basedonpressure, theglobalvacuumpumpsmarketissegmentedintoroughvacuum(1bar to1mbar),mediumvacuum(1mbarto10–3 mbar),highvacuum(10–3 mbarto10–7 mbar),ultrahigh vacuum (10–7 mbar to 10–12 mbar), and extreme high vacuum (more than 10–12 mbar). In 2023, the high vacuum (10–3 mbar to 10–7 mbar) segment is expected to account for the larger share of the global vacuum pumps market. The pressure levels reached by these types of pumpsare higher thanany other rotary vane pump contributing to the large market share of this segment.
Request Customization Here: https://www.meticulousresearch.com/requestcustomization/cp_id=5500
Basedonend-useindustry, theglobal vacuumpumpsmarketissegmented intoelectronics &semiconductors,aerospace&defines,chemicals,automotive,healthcare,food&beverage, industrial manufacturing, oil & gas, mining, construction, energy & utilities and other end-use industries. In 2023, the oil & gas segment is expected to account for the largest share of the globalvacuumpumpsmarket.Thissegment'slargemarket shareisattributed tothegrowing need to boost the low-pressure gas from a wellhead to a high-pressure pipeline, increasing demand for oil, gas & petrochemicals, and huge adoption of vacuum pumps across oilproducing countries such as Saudi Arabia, UAE, and Russia.
Based on geography, the vacuum pumps market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global vacuum pumps market. The growth of this market isattributed tothetechnologicaladvancementsinvacuumpumpsand thegrowingdemand for vacuum pumps in emerging economies due to increasing manufacturing activities in severalindustries such aspharmaceuticals,automotive and chemicals.
KeyPlayers:
The key playersoperating intheglobalvacuumpumpsmarketare AtlasCopcoAB(Sweden), Gebr. Becker GmbH (Germany), Flowserve Corporation (U.S.), Graham Corporation (U.S.), Ingersoll Rand Inc. (U.S.), EBARA CORPORATION (Japan), ULVAC, Inc. (Japan), Pfeiffer Vacuum Technology AG (Germany), Agilent Technologies Inc. (U.S.), Shimadzu Corporation (Japan), Kashiyama Industries, Ltd. (Japan), Wenling Tingwei Vacuum Equipment Co., Ltd (China), VACUUBRAND GMBH + CO. KG (Germany), Gast Manufacturing, Inc. (U.S.), KNF DAC GmbH (Germany), Busch Dienste GmbH (Germany), and GlobalVac & Air (U.S.).
You can BuyReport from Here:
https://www.meticulousresearch.com/Checkout/64594737
KeyQuestionsAnsweredintheReport:
• Which are the high-growth market segments in terms of type, lubrication, pressure, end-use industry and geography?
• What is the historicalmarket size for vacuum pumpsacross the globe?
• What are the market forecasts and estimatesfor the period 2023–2030?
• What are the major drivers, restraints, opportunities, and challenges in the global vacuum pumpsmarket?
• Who are the major players in the market,and whatare theirmarket shares?
• How is the competitive landscape for the global vacuumpumps market?
• What are the recentdevelopments in the global vacuumpumps market?
• What are the differentstrategies adopted by the major players in the market?
• What are the key geographic trends,and which are the high-growth countries?
• Who are the local emerging players in the global vacuum pumps market, and how do they compete with otherplayers?
Contact Us: