Press release
Primary Catalyst Driving Industrial Vacuum Pumps Market Evolution in 2025: Growth in Semiconductor Manufacturing Drives Demand For Industrial Vacuum Pumps Driver
Industrial Vacuum Pumps Market Size
The size of the industrial vacuum pumps market has seen significant expansion in recent years. The market worth, which is set to transition from $5.61 billion in 2024 to $6.03 billion in 2025, will experience a compound annual growth rate (CAGR) of 7.5%. This upward trend during the historical period is a result of factors such as the growth of the semiconductor industry, the widening scope of the automotive industry, an increase in the use of applications within the oil and gas sector, escalating demand in the pharmaceutical industry, incorporating vacuum pumps into food and beverage processing, the growing chemical industry, and the effective use of vacuum pumps in producing energy and power.
The market size for industrial vacuum pumps is predicted to witness substantial progress in the coming years, with an estimated value of $7.98 billion by 2029 and a compound annual growth rate (CAGR) of 7.3%. This growth projection can be credited to factors such as escalated demand from the pharmaceutical industry, acceptance of vacuum pumps in burgeoning markets, emphasis on energy conservation and sustainability, and the widening use of vacuum pumps in the aerospace and defense sectors. Anticipated trends within this forecast period surround the incorporation of Industry 4.0 technology within vacuum pump systems, a move towards oil-free and eco-friendly vacuum pump solutions, the usage of digital twins, and simulation utilities for enhancing vacuum system efficiency. The introduction of smart vacuum pumps with distant monitoring and control features and innovative advancements in vacuum pump technology are also expected to play a significant role.
What Is Contributing to the Growth of the Industrial Vacuum Pumps Market?
The industrial vacuum pump market is projected to grow due to the expansion of the semiconductor manufacturing industry. Semiconductors, which exhibit electrical conductivity properties falling between those of conductors and insulators, are extensively used in electronic devices to regulate the flow of current. The surge in semiconductor production facilities can be attributed to increased demand for electronic devices, technological progress, and the broadening applicability of the Internet of Things (IoT). In semiconductor production, industrial vacuum pumps are indispensable. They are used to create and sustain vacuum environments vital for certain fabrication processes, such as wafer handling, deposition, and etching. For example, according to a report released in May 2024 by the Semiconductor Industry Association (SIA), a national trade association representing U.S. semiconductor and microchip industries, global semiconductor sales reached $137.7 billion during 2024's first quarter, a 15.2% increase from the first quarter of 2023. When looking at the regional breakdown, China's year-over-year sales in March rose by 27.4%, the Americas by 26.3%, and Asia-Pacific/All Other regions by 11.1%. Hence, the increment in semiconductor manufacturing serves as a propelling force for the industrial vacuum pump market.
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Which Key Market Leaders Are Driving Industrial Vacuum Pumps Industry Growth?
Major companies operating in the industrial vacuum pumps market are Atlas Copco AB, Agilent Technologies Inc., GEA Group AG, MANN+HUMMEL Group, Gardner Denver Holdings Inc., Edwards Vacuum Limited, Busch Vacuum Solutions Inc., Pfeiffer Vacuum Technology AG, Tuthill Corporation, Oerlikon Leybold Vacuum GmbH, Leybold GmbH, Gebr. Becker GmbH, PIAB AB, Graham Corporation, Becker Pumps Corporation, Gast Manufacturing Inc., MDC Vacuum Products LLC, ULVAC Technologies Inc., DEKKER Vacuum Technologies Inc., DVP Vacuum Technology Co. Ltd., Precision Plus Vacuum Parts, MIL'S S.A.S., BGS General Srl, Pompetravaini S.p.A., Samson Pumps A/S
What Are the Emerging Trends in the Industrial Vacuum Pumps Industry?
Leading companies in the industrial vacuum pump market are concentrating on producing sophisticated vacuum pumps like ready-to-plug vacuum pumps to simplify the installation process and improve operational efficacy. Ready-to-plug vacuum pumps are fully constructed, entirely configured units that can be immediately installed and used, facilitating rapid and efficient application in various instances. Take for example, the US-based industrial equipment fabricator, Kaishan USA, launched a unique series of industrial vacuum pumps labeled the KRSV in March 2023. These oil-flooded rotary screw vacuum pumps are modeled for energy economy and wide-ranging utility across multiple sectors. The cutting-edge pumps are fully packaged and pre-configured, granting trouble-free integration into any system or solitary use. These pumps come with a variable speed drive and variable discharge port airend, delivering ultimate control and energy conservation for a plethora of applications such as carpentry, printing, glass manufacturing, ceramics, and medical and laboratory procedures.
What Are the Main Segments in the Industrial Vacuum Pumps Market?
The industrial vacuum pumps market covered in this report is segmented -
1) By Type: Rotary Vacuum Pumps, Reciprocating Vacuum Pumps, Kinetic Vacuum Pumps, Dynamic Pumps, Specialized Vacuum Pumps
2) By Application: Reaction Process, Drying Process, Distillation Process, Crystallization Process
3) By End-User: Food And Beverage, Energy And Power, Pharmaceutical, Chemical, Semiconductor, Oil And Gas, Automotive, Other End Users
Subsegments:
1) By Rotary Vacuum Pumps: Rotary Vane Vacuum Pumps, Rotary Screw Vacuum Pumps, Scroll Vacuum Pumps
2) By Reciprocating Vacuum Pumps: Single-Stage Reciprocating Vacuum Pumps, Two-Stage Reciprocating Vacuum Pumps
3) By Kinetic Vacuum Pumps: Turbomolecular Vacuum Pumps, Diaphragm Vacuum Pumps
4) By Dynamic Pumps: Jet Pumps, Roots Vacuum Pumps
5) By Specialized Vacuum Pumps: Cryogenic Vacuum Pumps, Oil-Lubricated Vacuum Pumps, Dry Vacuum Pumps, Liquid Ring Vacuum Pumps
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Which Geographic Area Leads the Industrial Vacuum Pumps Market?
North America was the largest region in the industrial vacuum pumps market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial vacuum pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Industrial Vacuum Pumps Global Market Report?
- Market Size Analysis: Analyze the Industrial Vacuum Pumps Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Industrial Vacuum Pumps Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Industrial Vacuum Pumps Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Industrial Vacuum Pumps Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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