Top 10 Vacuum Pumps Market Innovators | Meticulous Blog
Meticulous Research® has published a new report titled ‘Vacuum Pumps Market by Type (Rotary Vane, Dry, Liquid Ring, Screw, Claw), Lubrication (Oil-sealed, Dry), Pressure (Low, Medium, High), End-use Industry (Mining, Chemicals, Automotive, Others), and Geography - Global Forecast to 2030’.
The vacuum pumps market is expected to grow from USD 5.51 billion in 2023 to USD 7.57 billion by 2030, reflecting a CAGR of 4.6% over the forecast period. This growth is attributed to the increasing use of vacuum pumps in the mining industry, their growing role in chemical manufacturing, and advancements in the automotive sector. High power consumption remains a challenge to market growth.
The market is set to benefit from the adoption of vacuum pumps in seawater desalination and photovoltaic manufacturing. However, issues such as improper installation could constrain growth.
To gain more insights into the market with a detailed table of content and figures, click here: meticulousresearch.com/product/vacuum-pumps..
Market Segmentation
By Type: Includes rotary vane, dry, liquid ring, screw, and claw vacuum pumps. Rotary vane pumps are projected to lead due to their efficiency and widespread use in various applications.
By Lubrication: Differentiates between oil-sealed and dry vacuum pumps. The oil-sealed segment is expected to dominate due to its proven reliability and effectiveness.
By Pressure: Low, medium, and high-pressure vacuum pumps. The high-pressure segment is forecasted to grow substantially due to its applications in specialized processes.
By End-use Industry: Mining, chemicals, automotive, and others. The mining sector is anticipated to capture the largest share of the market, driven by increasing demand for advanced vacuum technologies.
By Geography: The market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region is expected to experience the highest growth rate due to rapid industrialization.
Download Sample Report Here: meticulousresearch.com/download-sample-repo..
Key Market Players
Atlas Copco AB: Headquartered in Nacka, Sweden, Atlas Copco provides a range of industrial solutions, including vacuum pumps. Their acquisition of Leybold GmbH has enhanced their market position.
EBARA CORPORATION: Tokyo, Japan-based EBARA CORPORATION offers various pumps and systems, including dry vacuum pumps essential for semiconductor and display manufacturing.
Flowserve Corporation: Based in Texas, U.S., Flowserve specializes in flow control systems, including pumps and seals used in industries such as oil and gas and power generation.
Graham Corporation: Located in Delaware, U.S., Graham Corporation focuses on vacuum and heat transfer technologies, with a significant presence in the vacuum equipment market.
ULVAC, Inc.: Kanagawa Prefecture, Japan-based ULVAC manufactures vacuum equipment and components for industries including semiconductors and pharmaceuticals.
Ingersoll Rand Inc.: North Carolina, U.S.-based Ingersoll Rand produces a variety of air and gas compression products and expanded its capabilities through a merger with Gardner Denver Holdings.
Pfeiffer Vacuum Technology AG: Based in Asslar, Germany, Pfeiffer Vacuum offers a wide range of vacuum technology products, including turbomolecular pumps and helium leak detectors.
Agilent Technologies Inc.: California, U.S.-based Agilent provides laboratory equipment and services, including vacuum pumps used in various industrial applications.
Shimadzu Corporation: Kyoto, Japan-based Shimadzu develops and manufactures analytical instruments and vacuum equipment for sectors such as healthcare and industrial manufacturing.
Gebr. Becker GmbH: Headquartered in Wuppertal, Germany, Gebr. Becker is a major manufacturer of vacuum pumps, compressors, and regenerative blowers.
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