Press release
Vacuum Pumps Market
Vacuum Pumps Market
The global vacuum pumps market size reached US$ 5.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
Vacuum pumps play a crucial role in a variety of industrial uses, serving as vital tools for establishing and upholding controlled vacuum conditions. Their design is focused on extracting air and gas molecules from a sealed area, effectively decreasing the pressure within. These pumps are known for enabling processes demanding low or regulated pressure, making them indispensable in sectors like material handling, semiconductor manufacturing, food packaging, and space exploration. Their application extends across a wide range of industries, including manufacturing, healthcare, research, and beyond.
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Global Vacuum Pumps Market Trends and Drivers:
The market's global growth is significantly driven by the widespread adoption of vacuum pumps across various industry sectors, thanks to their exceptional efficiency in establishing and preserving controlled environments. Furthermore, manufacturers increasingly depend on vacuum pumps to enhance their production processes, ensuring accurate molding and shaping of materials, further fueling market expansion. Additionally, the packaging industry is experiencing a surge in the utilization of vacuum pumps due to the escalating demand for high-quality and safe food products. These pumps play a pivotal role in extending the shelf life of packaged goods by eliminating oxygen, thus slowing down the oxidation process that may cause spoilage.
Global Vacuum Pumps Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are:
Atlas Copco AB
Becker Pumps Corporation
Busch Group
Cutes Corporation
Ebara Corporation
Flowserve Corporation
Graham Corporation
Ingersoll Rand Inc.
Pfeiffer Vacuum GmbH
PPI Pumps Pvt. Ltd.
Tsurumi Manufacturing Co. Ltd.
ULVAC Inc.
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The report segmented the market on the basis of region, type, lubrication, pressure and application.
Breakup by Type:
Rotary Vacuum Pumps
Rotary Vane Pumps
Screw and Claw Pumps
Roots Pumps
Reciprocating Vacuum Pumps
Diaphragm Pumps
Piston Pumps
Kinetic Vacuum Pumps
Ejector Pumps
Turbomolecular Pumps
Diffusion Pumps
Dynamic Pumps
Liquid Ring Pumps
Side Channel Pumps
Specialized Vacuum Pumps
Getter Pumps
Cryogenic Pumps
Breakup by Lubrication:
Dry Vacuum Pump
Wet Vacuum Pump
Breakup by Pressure:
Rough Vacuum Pumps (103 Mbar to 1 Mbar)
Medium Vacuum Pumps (1 Mbar to 10-3 Mbar)
High Vacuum Pumps (10-3 Mbar to 10-7 Mbar)
Ultra-High Vacuum Pumps (10-7 Mbar to 10-12 Mbar)
Extreme High Vacuum Pumps (Less Than 10-12 Mbar)
Breakup by Application:
Oil and Gas
Electronics
Medical
Chemical Processing
Food and Beverages
Power Generation
Others
Breakup By Regions:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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