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Liquid Ring Vacuum Pumps Market worth $3.73 billion by 2030, growing at a CAGR of 7.91% - Exclusive Report by 360iResearch
Liquid Ring Vacuum Pumps Market | 360iResearch
The Global Liquid Ring Vacuum Pumps Market to grow from USD 2.03 billion in 2022 to USD 3.73 billion by 2030, at a CAGR of 7.91%.
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The liquid ring vacuum pumps market exhibits remarkable dynamism, encompassing diverse sectors such as chemicals, energy, and pharmaceuticals across various geographies. The exhaustive scope includes single-stage to multi-stage pumps, presenting an accurate market landscape. The growing demand from general process industries and environmental regulations favoring the use of energy-efficient pumps is propelling the market growth. The high initial cost of liquid ring vacuum pumps with a shift toward hybrid technologies, limited reliability, performance issues, and labor-intensive installation processes might restrict the market growth. The market witnesses burgeoning demand for high-capacity pumps and burgeoning adoption in developing countries, offering significant growth potential. Innovation and research in areas such as enhancing pump efficiency, reducing maintenance requirements, and compact device design could stimulate market growth.
The liquid ring vacuum pumps market in the Americas, demonstrates robust growth fueled by significant utilization in the oil & gas, chemical, and power sectors. The United States showcases a considerable demand due to the necessity for efficient and reliable vacuum solutions. Moreover, tightening environmental regulations have driven the pump system upgrades, boosting the regional market growth. The demand for liquid ring vacuum pumps in EMEA is escalating, influenced by different factors. Europe has regulations enforcing energy efficiency and carbon reduction, such as the EU MEPS (Minimum Energy Performance Standard), pushing industries toward energy-efficient pump technologies. The regional market is experiencing a surge in demand due to the expansion of associated markets, including pharmaceuticals and biotechnology. Notably, the Middle East's thriving petrochemical industry adds to the growing pump demand in the EMEA region. Rapid industrialization, particularly in countries such as China and India, has increased the need for liquid ring vacuum pumps in manufacturing, chemical processing, and paper & pulp industries. Furthermore, the region presents potential growth opportunities in the wastewater treatment sector, an offshoot of its escalating urbanization and ongoing industrial expansion.
Market Segmentation & Coverage:
This research report categorizes the Liquid Ring Vacuum Pumps Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Single-Stage and Two-Stage. The Single-Stage commanded largest market share of 53.96% in 2022, followed by Two-Stage.
Based on Material Type, market is studied across Cast Iron and Stainless Steel. The Stainless Steel commanded largest market share of 56.21% in 2022, followed by Cast Iron.
Based on Flow Rate, market is studied across 3,000 - 10,000 M3H, 600 - 3,000 M3H, Below 600 M3H, and Over 10,000 M3H. The 3,000 - 10,000 M3H commanded largest market share of 37.42% in 2022, followed by Below 600 M3H.
Based on Application, market is studied across Aerospace & Defence, Automobile, Chemical & Material, Food Manufacturing, Oil & Gas, Pharmaceutical, Power Generation, Pulp & Paper, and Water Treatment. The Oil & Gas commanded largest market share of 16.12% in 2022, followed by Chemical & Material.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.02% in 2022, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Liquid Ring Vacuum Pumps Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Liquid Ring Vacuum Pumps Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Liquid Ring Vacuum Pumps Market, highlighting leading vendors and their innovative profiles. These include Acme Air Equipments Company Pvt. Ltd., Airtech Vacuum Inc. by IDEX Corporation, Alfa Laval AB, Atlas Copco AB, Azmec S.r.l., Busch Dienste GmbH, Charam Techno Chemical & Equipments (P) Ltd., Cutes Corporation, Devi Hitech Engineers Pvt Ltd., Ebara Corporation, EMTIVAC Engineering Pty. Ltd., Finetech Vacuum Pumps, Flowserve Corporation, Gneuss Kunststofftechnik GmbH, Graham Corporation, Guangdong Kenflo Pump Limited, HIS PUMPS & SYSTEMS PVT. LTD, IMAG Company, INDOVAC PUMPS & ENGINEERING CO., Ingersoll Rand Inc., IVC Pumps Pvt. Ltd., J.B.Sawant Engineering Pvt. Ltd., Kakati Karshak Industries Pvt Ltd., KNF Group, KSB SE & Co. KGaA, Körting Hannover GmbH, Marpa Vacuum S.L., MXQ, LLC, Pfeiffer Vacuum Technology AG, Pompetravaini S.p.A., PPI Pumps Pvt. Ltd., Premier Fluid Systems Inc., PREMIER Pumps Private Limited, Samson Pumps A/S, Shandong CHINCO Pumps Co., Ltd., Somarakis by Triosim Corporation, SPECK Pumpen Verkaufsgesellschaft GmbH, Sulzer Ltd., TMVT Industries Pvt. Ltd., Toshniwal Instruments (Madras) Pvt. Ltd., Tsurumi Manufacturing Co., Ltd., VAKUO GmbH, Vooner by Aerzener Maschinenfabrik GmbH, Zibo Zhaohan Vacuum Pump Co., Ltd., and ZM Vacuum GmbH.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Liquid Ring Vacuum Pumps Market, by Type
7. Liquid Ring Vacuum Pumps Market, by Material Type
8. Liquid Ring Vacuum Pumps Market, by Flow Rate
9. Liquid Ring Vacuum Pumps Market, by Application
10. Americas Liquid Ring Vacuum Pumps Market
11. Asia-Pacific Liquid Ring Vacuum Pumps Market
12. Europe, Middle East & Africa Liquid Ring Vacuum Pumps Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Liquid Ring Vacuum Pumps Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Liquid Ring Vacuum Pumps Market?
3. What is the competitive strategic window for opportunities in the Liquid Ring Vacuum Pumps Market?
4. What are the technology trends and regulatory frameworks in the Liquid Ring Vacuum Pumps Market?
5. What is the market share of the leading vendors in the Liquid Ring Vacuum Pumps Market?
6. What modes and strategic moves are considered suitable for entering the Liquid Ring Vacuum Pumps Market?
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