Press release
Vacuum Pumps Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Vacuum Pumps
What Is the Expected Vacuum Pumps Market Size During the Forecast Period?
The vacuum pumps market has experienced steady growth in recent years. It will increase from $5.5 billion in 2024 to $5.84 billion in 2025, with a CAGR of 6.2%. The historical growth is due to the rise of new end-use industries, developments in the pharmaceutical sector, growth in the chemical industry, energy sector demands, and stricter environmental regulations.
The vacuum pumps market will grow to $7.36 billion by 2029 at a CAGR of 5.9%, driven by the expansion of the semiconductor and energy sectors, as well as growing research activities. Major trends include the adoption of energy-efficient pumps, miniaturized designs, advancements in high vacuum technologies, and the integration of IoT technology.
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What Are the High-Growth Segments in the Vacuum Pumps Market?
The vacuum pumps market covered in this report is segmented -
1) By Pump Type: Positive Displacement, Dry Vacuum, Centrifugal, Momentum Transfer
2) By Mechanism: Gas Transfer, Gas Binding
3) By Pressure: Low Vacuum Pumps, Medium Vacuum Pumps, High Vacuum Pumps, Ultra-High Vacuum Pumps, Extreme High Vacuum Pumps
4) By End-User: Automotive, Chemical And Petrochemical, Aerospace And Defense, Oil And Gas, Healthcare And Pharmaceuticals, Other End-Users
Subsegments:
1) By Positive Displacement Pumps: Rotary Vane Pumps, Piston Pumps, Diaphragm Pumps, Liquid Ring Pumps, Screw Pumps
2) By Dry Vacuum Pumps: Dry Screw Pumps, Dry Diaphragm Pumps, Dry Scroll Pumps, Dry Claw Pumps, Dry Piston Pumps
3) By Centrifugal Pumps: Single-Stage Centrifugal Pumps, Multi-Stage Centrifugal Pumps, High-Capacity Centrifugal Pumps, Low-Pressure Centrifugal Pumps
4) By Momentum Transfer Pumps: Turbomolecular Pumps, Molecular Pumps, Cryogenic Pumps, Booster Pumps
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What Key Drivers Are Expected to Influence Future Vacuum Pumps Market Growth?
The increasing growth of the food and beverage industry is likely to propel the demand for vacuum pumps. The food and beverage industry is expanding due to changing consumer preferences for convenience and healthier food options, as well as an increasing global population. Vacuum pumps are vital in food processing and packaging as they help preserve product quality and extend shelf life by preventing oxidation. According to Canada's Agriculture and Agri-Food Department, processed food and beverage exports reached a record high of $54.3 billion in 2022. Therefore, the expanding food and beverage industry is driving the vacuum pumps market.
Which Companies Hold the Largest Share Across Different Vacuum Pumps Market Segments?
Major companies operating in the vacuum pumps market are Atlas Copco AB, Agilent Technologies Inc., Ebara Corporation, Gardner Denver Holdings Inc., ULVAC Technologies Inc., Busch Vacuum Solutions, Pfeiffer Vacuum GmbH, Leybold GmbH, Anest Iwata Corporation, KNF Neuberger GmbH, Graham Corporation, Tuthill Corporation, Becker Pumps Corporation, VACUUBRAND GMBH + CO KG, Dekker Vacuum Technologies Inc., Gast Manufacturing Inc., Osaka Vacuum Ltd., Welch Vacuum Technology Inc., Wenling Tingwei Vacuum Equipment Co. Ltd, Kashiyama Industries Ltd.
What Are the Major Trends Shaping the Vacuum Pumps Market?
Major companies in the vacuum pumps market are launching new products like dry-running vacuum pumps to maintain a competitive advantage. Dry-running vacuum pumps work by removing gas molecules from a sealed space to create a vacuum. For instance, in March 2023, Flowserve Corporation, a US-based flow control product provider, introduced the SIHI Boost UltraPLUS dry-running vacuum pump. This pump is designed to reduce cycle times for batch processes by up to 50%, making it highly effective for load lock applications. It retains the benefits of previous SIHI Boost pumps, such as oil-free operation and full electronic synchronization, while further improving performance.
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What Are the Emerging Geographies for The Vacuum Pumps Market Growth?
Asia-Pacific was the largest region in the vacuum pumps market in 2023. The regions covered in the vacuum pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Vacuum Pumps Market?
2. What is the CAGR expected in the Vacuum Pumps Market?
3. What Are the Key Innovations Transforming the Vacuum Pumps Industry?
4. Which Region Is Leading the Vacuum Pumps Market?
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