Press release
Vacuum Pumps Sales Across Europe Is Estimated To Reach A Market Valuation Of US$ 4.23 Billion By 2032
The global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth.
The report offers actionable and valuable market insights of Europe Vacuum Pumps. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Europe Vacuum Pumps Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Europe Vacuum Pumps market.
This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Europe Vacuum Pumps.
This newly published and insightful report sheds light on Market Insights of Europe Vacuum Pumps, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Europe Vacuum Pumps Market. The top 5 manufacturers in the Europe vacuum pumps market account for around 41% market share.
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Competitive Landscape
Prominent players in the Europe vacuum pump market are investing in research and developmental activities to introduce vacuum pumps that can meet the specific needs of end users and are efficient at the same time. Rising investments in strategic and research activities to differentiate one from the other are making the market competitive.
Atlas Copco acquired HHV Pumps Pvt. Ltd. in 2022. The acquired company is a primary provider of vacuum pumps in India, and designs and manufactures vacuum pumps and systems for applications in several industries such as chemical, pharmaceuticals, etc.
Edwards Vacuum acquires Ceres Technologies Inc. in 2021. The company is a designer and manufacturer of gas and vapour delivery equipment for the semiconductor industry.
Europe Vacuum Pump Historical Analysis (2017-2021) Vs Market Growth Forecasts (2022-2032)
Vacuum pumps are devices that generate a vacuum in a sealed chamber by drawing out molecules. Vacuum pumps are finding increased application in several end-use industries such as food and beverages, healthcare, medical, etc.
Vacuum pumps also play a significant role in the production of semiconductor devices, and the market is benefitting from the ever-increasing manufacturing of smartphones and automotive and consumer electronics. The use of IoT-based devices is a currently ongoing trend that is anticipated to encourage the semiconductor industry over the coming years.
Vacuum pumps are also used in the pharmaceutical industry in several stages such as distillation, drying, degassing, crystallization, filling, sublimation, etc. Such diversified applications of vacuum pumps in various end-use industries are anticipated to support market growth and provide a gain of 67 BPS over the assessment period.
Short-term Projections (2022 Q2 to 2025): Augmented use of vacuum pumps in several end-use industries to drive the market in the short term.
Medium-term Projections (2025-2028): Incorporation of advanced technology in vacuum pumps to drive the market in the medium term.
Long-term Projections (2028-2032): Shift towards solar power generation with advancements in the semiconductor industry is likely to create opportunities in the vacuum pumps market in the long term.
According to Fact.MR, a market research and competitive intelligence provider, the Europe vacuum pump market witnessed 4.3% CAGR from 2017 to 2021. Fact.MR projects the market to expand at 6.2% CAGR during the 2022-2032 assessment years.
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Categorization of Europe Vacuum Pump Industry Research
Europe Vacuum Pump Market by Pump Type :
Positive Displacement
Liquid Ring Vacuum Pump
Rotary Screw Pumps
Rotary Root Pumps
Dry Vacuum Pumps
Dry Screw Vacuum Pump
Dry Scroll Vacuum Pump
Dry Diaphragm Pump
Dry Clan & Hook Pump
Others
Centrifugal Pumps
Momentum Transfer
Rotary Vane Vacuum Pump
Turbo Molecular Vacuum Pump
Regenerative Vacuum Pumps
Europe Vacuum Pump Market by Mechanism :
Gas Transfer Vacuum Pumps
Gas Displacement Vacuum Pumps
Kinetic Vacuum Pumps
Gas Binding Vacuum Pumps
Europe Vacuum Pump Market by Pressure :
Rough Vacuum (From 10.3 mbar-1 mbar)
Medium Vacuum (1 mbar - 10-3 mbar)
High Vacuum (10-3 mbar to 10-7 mbar)
Ultra-high Vacuum (10-7 mbar to 10-12 mbar)
Extreme High Vacuum (Less than 10-12 mbar)
Europe Vacuum Pump Market by Lubrication :
Dry Vacuum Pumps
Wet Vacuum Pumps
By Flow, Europe Vacuum Pump Market is segmented as :
Up to 85 ACFM Vacuum Pumps
Up to 150 ACFM Vacuum Pumps
Up to 550 ACFM Vacuum Pumps
Up to 1,500 ACFM Vacuum Pumps
Up to 4,500 ACFM Vacuum Pumps
Up to 4,500 ACFM Vacuum Pumps
Up to 8,500 ACFM Vacuum Pumps
Up to 15,000 ACFM Vacuum Pumps
Up to 17,000 ACFM Vacuum Pumps
Europe Vacuum Pump Market by Application :
Assembly
Conveying
Dehydration/Drying
Engine Testing
Evaporation & Distillation
Filling
Holding/Chucking
Manufacturing
Material Handling
Thermoforming
Others
Europe Vacuum Pump Market by End-use Vertical :
Aerospace & Defence
Automotive
Chemicals & Petrochemicals
Electronics & Semiconductors
Food & Beverage
Healthcare & Pharmaceuticals
Industrial Manufacturing
Mining & Construction
Oil & Gas
Packaging
Power Generation
Others
Europe Vacuum Pump Market by Country :
Germany
Italy
France
Spain
U.K.
NORDICS
BENELUX
Rest of Europe
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Key Question answered in the survey of Europe Vacuum Pumps market report:
Sales and Demand of Europe Vacuum Pumps
Growth of Europe Vacuum Pumps Market
Market Analysis of Europe Vacuum Pumps
Market Insights of Europe Vacuum Pumps
Key Drivers Impacting the Europe Vacuum Pumps market
Which are the Key drivers impacted by Europe Vacuum Pumps market
Europe Vacuum Pumps Market Growth
Market Survey of Europe Vacuum Pumps
More Valuable Insights on Europe Vacuum Pumps Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Europe Vacuum Pumps, Sales and Demand of Europe Vacuum Pumps, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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