Press release
Vacuum Valve Market Global Overview 2024: Technological Advances and Growth Opportunities
Vacuum Valve Market Trends
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=5840&type=smp
According to The Business Research Company's, 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.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/vacuum-valve-global-market-report
Market Drivers and Trends:
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.
Major companies operating in the vacuum valve market are focused on developing new innovations, such as vacuum conveyors, to address material handling challenges. A vacuum conveyor is a type of conveyor system that uses suction to move bulk dry materials, such as powders, from one place to another within a factory or production facility. For instance, in December 2021, Piab, a Sweden-based company specializing in vacuum technology and automation solutions, introduced the piFLOWam vacuum conveyor developed specifically for additive manufacturing. The piFLOWam is made of stainless steel and can withstand material temperatures up to 140°F (60°C). The unit weighs 33 lbs (15 kg) and reaches a maximum feed pressure of 101.5 psi (7 bar). The piFLOWam has a minimal footprint, making it suitable for installation on top of 3D printers, intermediate vessels, or depowdering stations, even in constrained spaces.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
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
Vacuum Valve Market 2024 Key Insights:
• 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%.
• Flat-Panel Display Catalysts For Growth Vacuum Valves Market
• Innovative Solutions In Material Handling With Piflowam Vacuum Conveyor Manufacturing
• Asia-Pacific was the largest region in the vacuum valve market share in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=5840&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vacuum Valve Market Global Overview 2024: Technological Advances and Growth Opportunities here
News-ID: 3779934 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Vacuum
Semiconductor Screw Vacuum Pump Market Industry Trends - Atlas Copco (Edwards Va …
MarketQuest.biz proclaims the addition of another new report titled Global Semiconductor Screw Vacuum Pump Market which is a well-synchronized synopsis of the market. The report offers broad insights extracted by thoroughly analyzing historical and current developments in the market. The report outlines the distinguishable players in the global Semiconductor Screw Vacuum Pump market with a clear-cut end goal to give an intelligent standpoint of the forces of the market, while…
Roots Vacuum Pumps Market SWOT Analysis by Key Players: Pfeiffer, Leybold, ANLET …
Roots vacuum pumps, or vacuum boosters, are dry vacuum pumps that are used together with backing pumps in a wide range of applications where large pumping speeds are required. Vacuum boosters operate completely contact-free and without sealing fluids such as oil or water in the working chamber, although with most models the two gearwheels of the synchromesh gearing and the bearings for the impeller shafts are lubricated with oil. Some…
Vacuum Coating Machines Market 2018 Global Key Country Analysis: Denton Vacuum, …
Vendor Landscape
Tetra Technologies, Inc., (U.S.), BP P.L.C. (U.K.), Statoil ASA (Norway), DNV GL (Norway), TechnipFMC PLC (U.K.), AF Gruppen ASA (Norway), Ramboll Group A/S (Denmark), and Aker Solutions ASA (Norway) are some of the key companies operating in the market. Amec Foster Wheeler (U.K.), John Wood Group Plc. (Scotland), Claxton Engineering Services (U.K.), Allseas group SA (Switzerland), and DeepOcean Group (Netherlands) among others.
Market Research Future’s (MRFR) latest study reveals that…
Global Rotary Vane Vacuum Pumps Market- Pfeiffer Vacuum, Tuthill, Osaka Vacuum, …
Global Rotary Vane Vacuum Pumps Market report 2017 is an in-depth research on the current situation of the Rotary Vane Vacuum Pumps industry.
The Scope of the Rotary Vane Vacuum Pumps research report:
The Global Rotary Vane Vacuum Pumps Market primarily includes a basic overview of the Rotary Vane Vacuum Pumps industry. It also includes Rotary Vane Vacuum Pumps definitions, classifications and applications. It segments the market by applications, types, regions, competitive…
Metallurgical High Vacuum Announces High Vacuum Newsletter
Fennville, MI---Metallurgical High Vacuum has created a new “High Vacuum News” to provide heat treat industry professionals with tips and hints to keep their vacuum pumps running strong.
As Geoff Humberstone, MHV President, comments: “This year marks 30 years for us as Metallurgical High Vacuum. Back in 1981, I saw the need for vacuum design and consulting and started the company. Within four years we added pump remanufacturing because we…
Metallurgical High Vacuum Ships Vacuum Chambers (Corrected)
Special Designs are Built to Customer Specifications
Fennville, MI--- Metallurgical High Vacuum recently shipped two chambers for customer-specific applications. One vacuum chamber is over 72” high and will be used in P E. Chemical Vapor Deposition. The other chamber is a 12-inch square design that will be used to weld silicon sticks, complete with a two-stage booster vacuum pumping system. Both chambers are built of type 304 stainless steel for…
