Vacuum Pumps Market Survey Report 2021 Along with Statistics, Forecasts till 2026

The Global Vacuum Pumps Market Report Provides Business Overview, Market Trends, Industry Challenges, And Forecast 2021-2026

The report provides a strategic analysis of the Global Vacuum Pumps Market and the growth estimates for the forecast period 2021 to 2026. The report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. This report focuses on the major drivers, restraints, opportunities, and threats for key players. Also report focuses on Vacuum Pumps Market Trends, volume, and value at the global level, regional level, and company level.

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The global vacuum pumps market was valued at USD 2.58 billion in 2020, and it is projected to be worth USD 3.649 billion by 2026, registering a CAGR of 5.89%, during the period 2021 - 2026. 

Top companies operating in the Global Vacuum Pumps market profiled in the report are: Gardner Denver Inc., Atlas Copco Group, Sihi Group B.V (Flowserve), Busch Pumps and Systems, Pfeiffer Vacuum Gmbh, Ulvac Technologies, Graham Corporation, Tuthill Corporation, Becker Pumps Corporation, Ebara Corporation,  Dekker Vacuum Technologies Inc., Tsurumi Manufacturing Co., Ltd.

Key Market Trends

Natural Gas Extraction in Oil & Gas Sector to Drive the Market Growth

- Vacuum pumps are utilized in a variety of applications due to its versatility, and the oil and gas industry has adopted this machine in extraction and compression of gas, which significantly drives the market.
- Field gas boosting is described as the process of raising low-pressure gas from a wellhead to a high-pressure pipeline. The wellhead has a reasonably low positive pressure and is commonly below atmospheric pressure. Thus, a vacuum pump is required to extract the gas and boost it to a PSI above atmospheric pressure. The gas is then usually delivered to a gas processing plant by a high-pressure compressor through a pipeline.
- The United States boom of shale gas and stabilizing oil prices drive the use of vacuum pumps in the chemical and oil and gas industries. Also, these applications are often exposed to harsh conditions, resulting in low productivity, driving oil and gas companies to replace existing equipment with advanced technologies.
- Enhanced oil recovery is a process that involves putting a vacuum on an oil well to relieve pressure on the well. This increases oil production by allowing the oil to flow more freely through the well, and this application can also recover associated gas at the surface of the well.

Competitive Landscape:

- In Feb 2020 - Atlas Copco acquired Dekker Vacuum Technologies, Inc., a US supplier of vacuum equipment and service solutions aimed at industrial applications.
This acquisition is expected to complement the existing portfolio of the former, in the liquid ring pump market and ensures a strong reputation serving diverse industrial markets in North America.
- May 2019 - Becker Pumps Corp. introduced two new series of vacuum pumps which are specifically designed for the Primary Packaging market. This announcement by Becker of the successful introduction of the new U 5 Series and Roots Booster Package Series of pumps is of particular significance to all end users in the primary packaging industries. These new pumps are direct replacements for the pumps currently being offered by the competition and are more energy efficient. It can now offer booster pump packages as a plug and play option against the competition.

Global Vacuum Pumps Market Split by Product Type and Applications:

Market Segment by Type, covers:

 Rotary Vacuum Pumps
Reciprocating Vacuum Pumps
 Kinetic Vacuum Pumps
 Dynamic Pumps
Specialized Vacuum Pumps

Market Segment by Applications, covers:

Oil & Gas
Electronics
 Medical
Chemical Processing
Food and Beverages
Power Generation

Regional Analysis For Vacuum Pumps Market:

North America, Latin America, Asia-Pacific, Africa, and Europe and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users.  The global Vacuum Pumps Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report,  that could influence business output. 

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Major Points Covered in TOC:

Overview: Along with a broad overview of the global Vacuum Pumps market, this section gives an overview of the report to give an idea about the nature and contents of the research study.

Analysis on Strategies of Leading Players: Market players can use this analysis to gain a competitive advantage over their competitors in the Vacuum Pumps market.

Study on Key Market Trends: This section of the report offers a deeper analysis of the latest and future trends of the Vacuum Pumps market.

Market Forecasts: Buyers of the report will have access to accurate and validated estimates of the total market size in terms of value and volume. The report also provides consumption, production, sales, and other forecasts for the Vacuum Pumps market.

Regional Growth Analysis: All major regions and countries have been covered in the report. The regional analysis will help market players to tap into unexplored regional markets, prepare specific strategies for target regions, and compare the growth of all regional markets.

Market Analysis: The report provides accurate and reliable forecasts of the market share of important segments of the Vacuum Pumps market. Market participants can use this analysis to make strategic investments in key growth pockets of the Vacuum Pumps market.

Research Methodology:

Vacuum Pumps Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vacuum Pumps Market, to estimate the size of various other dependent submarkets in the overall market.

Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage share, split, and breakdowns have been determined using secondary sources and verified primary sources.

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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.

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2- Free Competitive analysis of any 5 key market players.

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