Press release
Vacuum Pump Market Worldwide Industry Analysis, Future Demand and Forecast till 2029
The global vacuum pump market is anticipated to grow significantly at a CAGR of 4.8% over the forecast period. The key aspect that drives the growth of the global vacuum pump market includes the significant growth in the semiconductor industry across the globe. The semiconductor industry is one of the major applications of vacuum pumps, accrediting to the increasing popularity of electronic equipment across the globe. Further, an increase in the power generation sector across the globe has also been significantly aiding the market growth. An increased power generation prompts boundless development exercises in the force business, which is expected to support the growth of the vacuum pumps market across the globe.Besides, the presence of the key players continuously innovating their existing products and developing novel technologies-based products also enhances market growth. Players such as Agilent Technologies Inc., Anchor Pump, Atlas Copco Group, Becker Pumps Corp., Busch Pumps and Systems, Dekker Vacuum Technologies Inc., Gardner Denver Inc., Graham Corp., Leybold GmbH, and Tsurumi Manufacturing Co., Ltd. among others substantially contribute to the market growth. For instance, in Feb 2020 Atlas Copco completed the acquisition of a US supplier of vacuum equipment and service solutions, Dekker Vacuum Technologies, Inc., aimed at industrial applications. The acquisition done by the company is likely to enhance the product portfolio in the market and ensures a strong reputation serving diverse industrial markets in the North American region.
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Market Coverage
Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Type and End-Use Application
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- AeroFarms LLC, Atlas Copco, Illumitex Inc., Koninklijke Philips N.V., Everlight Electronics Co. Ltd., Hort Americas, LLC, Signify Holding, Sky Greens Pte. Ltd., American Hydroponic Systems Inc., Vertical Farm Systems among others
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Vacuum Pump Market - Segmentation
By Type
Positive Displacement Vacuum Pumps
Momentum Transfer Vacuum Pumps
Kinetic Vacuum Pumps
Entrapment Vacuum Pumps
Others
By End-Use Application
Food & Beverages
Chemical Processing
Oil & Gas
Electronics
Pharmaceutical
Power Generation
Other
Vacuum Pump Market - Segmentation by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Agilent Technologies Inc.
Anchor Pump
Atlas Copco Group
Becker Pumps Corp.
Busch Pumps and Systems
Dekker Vacuum Technologies Inc.
Ebara Corp.
Gardner Denver Inc.
Gast Manufacturing Inc.
Graham Corp.
Kashiyama Industries Ltd.
KNF Neuberger GmbH
Leybold GmbH
Metallurgical High Vacuum Corp. (MHV).
Pfeiffer Vacuum GmbH
PPI Pumps Pvt. Ltd.
Shimadzu Corp.
Sihi Group B.V (Flowserve)
Travaini Pumps USA, Inc.
Tsurumi Manufacturing Co., Ltd.
Tuthill Corp.
Ulvac Technologies
Westmoor, Ltd.
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Contact Person: Mr. Anurag Tiwari
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