Press release
Comprehensive Industrial Vacuum Pumps Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Industrial Vacuum Pumps Market
The expansion of semiconductor manufacturing is expected to boost the growth of the industrial vacuum pump market. Semiconductors, which are materials with intermediate electrical conductivity, are vital in electronic devices and control current flow. The increasing demand for electronic devices and the rise of IoT have contributed to the growth of semiconductor manufacturing. Industrial vacuum pumps are critical in creating and maintaining vacuum environments required for processes such as deposition and wafer handling. For instance, the Semiconductor Industry Association reported that semiconductor sales reached $137.7 billion in Q1 2024, a 15.2% increase compared to the previous year. Therefore, the growth in semiconductor manufacturing is driving the industrial vacuum pump market.
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How will the growth rate of the industrial vacuum pumps market shape industry trends by 2034?
The industrial vacuum pumps market will expand from $5.61 billion in 2024 to $6.03 billion in 2025 at a CAGR of 7.5%, driven by semiconductor industry growth, automotive expansion, and rising demand in pharmaceuticals, oil and gas, and food processing.
The industrial vacuum pumps market is expected to reach $7.98 billion by 2029 at a CAGR of 7.3%, fueled by rising pharmaceutical sector demand, vacuum pump adoption in emerging markets, energy efficiency focus, and aerospace and defense expansion. Trends include Industry 4.0 integration, oil-free and eco-friendly vacuum pumps, digital twin adoption, remote monitoring capabilities, and vacuum technology advancements.
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What trends are poised to drive the future success of the industrial vacuum pumps market?
In the industrial vacuum pump market, companies are developing ready-to-plug vacuum pumps to streamline installation and enhance operational efficiency. Kaishan USA introduced the KRSV series of oil-flooded rotary screw vacuum pumps in March 2023. These pre-assembled units offer energy efficiency and versatile application, with features like variable speed drive for energy savings across industries such as woodworking, printing, and medical processes.
Which primary segments of the industrial vacuum pumps market are driving growth and industry transformations?
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 geographical regions are pioneering growth in 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.
Who are the influential players reshaping the industrial vacuum pumps market landscape?
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
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What Is Covered In The Industrial Vacuum Pumps Global Market Report?
•Market Size Forecast: Examine the industrial vacuum pumps market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the industrial vacuum pumps market for a structured understanding.
•Key Players Overview: Analyze major players in the industrial vacuum pumps market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the industrial vacuum pumps market.
•Segment Contributions: Evaluate how different segments drive overall growth in the industrial vacuum pumps market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the industrial vacuum pumps market.
•Industry Challenges: Identify potential risks and obstacles affecting the industrial vacuum pumps market.
•Competitive Landscape: Review strategic developments in the industrial vacuum pumps market, including expansions, agreements, and new product launches.
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