Press release
Turbomolecular Pumps Market is expected to reach US$ 1.77 Billion by 2026
Global Turbomolecular Pumps Market is expected to reach US$ 1.77 Billion by 2026 from US$ 1 Billion in 2017 at CAGR of 6.55%.
Global Turbomolecular Pumps Market
Turbomolecular pumps market is segmented by product, application, and region.
Based on product, turbomolecular pumps market is divided by oil lubricated type, magnetically suspended type, and hybrid. Hybrid is estimated to hold the largest share of a market in forecast period due to a high speed of pumping, highest compression ratios, and low residual vibrations.
On the basis of application, turbomolecular pumps market is classified into nanotechnology instruments, analytical instrumentation, industrial vacuum processing, and others. Analytical instrumentation is estimated to hold the largest share of the market during the forecast period due to increasing demand for water processing and chemical processing among globe.
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Major driving factors for turbomolecular pumps market are rising demand for a pump, operational proficiency, enhanced productivity, high efficiency, and reliability boom the market during forecast period among globe, high vacuum, and increasing demand for pumps in analytical instrumentation. Increasing technological advancement and innovation are opportunities for the players and at the same time, high manufacturing cost acts as restrain to the market.
In terms of region, turbomolecular pumps market is segmented by North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is estimated to hold the largest share of a market in forecast period due to rising demand for the flat panel displays and semiconductors in this region.
Key player’s studies, analyzed, profiled and benchmarked in turbomolecular pumps market are Agilent Turbomolecular, Atlas Copco, Busch, Ebara Technologies, Inc., KYKY Technology Co. Ltd., Osaka Vacuum, Ltd., Pfeiffer Vacuum GmbH, Shimadzu Corporation, Ulvac, Welch, Edwards, KYKY Vacuum, and Leybold.
Scope of the Report Turbomolecular Pumps Market are
Global Turbomolecular Pumps Market, by Product
• Oil Lubricated Type
• Magnetically Suspended Type
• Hybrid
Global Turbomolecular Pumps Market, by Application
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• Nanotechnology Instruments
• Analytical Instrumentation
• Industrial Vacuum Processing
• Others
Global Turbomolecular Pumps Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players, Global Turbomolecular Pumps Market are
• Agilent Turbomolecular
• Atlas Copco
• Busch
• Ebara Technologies, Inc.
• KYKY Technology Co. Ltd.
• Osaka Vacuum, Ltd.
• Pfeiffer Vacuum GmbH
• Shimadzu Corporation
• Ulvac
• Welch
• Edwards
• KYKY Vacuum
• Leybold
Report Description: https://www.trendsmarketresearch.com/report/analysis/MMR/global-turbomolecular-pumps-market
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