Press release
Market Insight : Vacuum Pump Market Globally Grow at a CAGR of 5.22% by Revenue During the Forecast Period 2016-2020
Vacuum pumps are used to remove gas molecules from a sealed space or enclosure or a package. Despite the emergence of solid state electronics, vacuum pumping technology has evolved and its application has grown significantly. This technology plays a central role in at least 70 general manufacturing uses such as compression and drying that cover a wide range of industries. The global industrial vacuum pump market caters to key end-users such as the semiconductor, solar cell manufacturing, flat-panel display, and scientific instrumentation industries.Technavios analysts forecast the global industrial vacuum pump market to grow at a CAGR of 5.22% during the period 2016-2020.
Covered
The report covers the present scenario and the growth prospects of the global industrial vacuum pump market for 2016-2020.
Segments based on geography:
Americas
APAC
EMEA
Global Industrial Vacuum Pump Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Atlas Copco
Gardner Denver
Pfeiffer Vacuum
Tuthill
ULVAC
Other prominent vendors
Oerlikon
DEKKER Vacuum Technologies
Dr. Ing. K. Busch
Ebara
Gast Manufacturing IDEX
Gebr. Becker
Graham
KNF Neuberger
PPI Pumps
Tsurumi Manufacturing
Vooner FloGard
Key driver
Rise in demand from packaging industry
For a full, detailed list, view our report
Key challenge
Volatility in oil and gas prices
For a full, detailed list, view our report
Key trend
Emerging demand from pharmaceutical and biotechnology industries
For a full, detailed list, view our report
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