Press release
Vacuum Valve Market Size, Business Growth, Trends, Share Analysis And Forecast To 2033
Vacuum Valve Market Analysis
The Business Research Company presents an extensive market research report on the Vacuum Valve Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The vacuum valve market size has grown rapidly in recent years. It will grow from $1.4 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 12.2%. The growth in the historic period can be attributed to industrial manufacturing demand, semiconductor and electronics industry, healthcare and analytical instruments, research and development activities, energy and power generation.
The vacuum valve market size is expected to see rapid growth in the next few years. It will grow to $2.46 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to continued industrial applications, advancements in semiconductor technology, biomedical instrumentation, expansion in analytical instrumentation, renewable energy projects. Major trends in the forecast period include focus on energy efficiency, growing applications in thin-film deposition, environmental and regulatory compliance, R&D investments for enhanced performance, globalization of manufacturing.
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Key Market Players:
Major companies operating in the vacuum valve market report are Samsung Electronics Co Ltd., Robert Bosch GmbH, Siemens Aktiengesellschaft, Intel Corporation, Panasonic Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., Parker Hannifin Corporation, ULVAC Inc., Emerson Electric Co, Danfoss Group, CKD Corporation, Agilent Technologies Inc., Cameron a Schlumberger Company, SMC Corporation, Pentair plc, MKS Instruments Inc., nVent Electric plc, VAT Group AG, AVK Group A/S, Pfeiffer Vacuum Technology AG, V-TEX Corporation, Kurt J. Lesker Company, Kitz SCT Corporation, BEL Valves Limited, Fisher Controls International LLC, HVA LLC, Flomatic Corporation, Shanghai Vacuum Valve Manufacturing Co Ltd., Nexans SA, Leybold GmbH, INFICON Holding AG, Brooks Automation Inc., Edwards Vacuum LLC, ANVER Corporation
Market Drivers:
The increase in production of flat-panel displays for consumer electronics is expected to propel the growth of the vacuum valve market going forward. A flat-panel display is a type of video display that has a smaller size, weight, and power consumption than a cathode-ray tube (CRT). Flat-panel display (FPD) manufacturing necessitates vacuum and emission reduction equipment capable of handling large processing chambers and supplying high gas flow rates with high dependability. Vacuum valves allow a zero-humidity procedure while consuming less energy and weighing less, which is advantageous for flat-panel displays. For instance, according to Hindustan Times, an India-based daily newspaper, the market for flat-panel displays (FPD) was valued at $100 billion in 2020 and is expected to grow to over $125 billion by 2024. Therefore, the increasing production of flat-panel displays for consumer electronics is driving the growth of the vacuum valve market.
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https://www.thebusinessresearchcompany.com/report/vacuum-valve-global-market-report
The vacuum valve market covered in this report is segmented -
1) By Type: Pressure Control Valves, Isolation Valves, Transfer Valves, Air Admittance Valves, Check Valves
2) By Material: Stainless Steel, Aluminum, Glass, Polyvinyl Chloride, Other Materials
3) By Pressure Range: Low-to-Medium Vacuum (>10-3 torr), High Vacuum (10-8 torr), Very High Vacuum (
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