Press release
Vacuum Pumps Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Vacuum Pumps Market
Vacuum Pumps Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In previous years, the vacuum pumps market has experienced significant expansion. Its growth is projected to rise from $5.5 billion in 2024 to $5.84 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.2%. Factors such as the emergence of innovative end-use industries, advancements in the pharmaceutical sector, expansion of the chemical industry, increasing energy sector demands, and heightened environmental regulations have contributed to the historic period growth.
Vacuum Pumps Market Size Forecast: What's the Projected Valuation by 2029?
Within the next few years, the vacuum pumps market size is predicted to experience significant growth, boosting its current value to $7.36 billion by 2029 with a compound annual growth rate (CAGR) of 5.9%. This rise during the forecast period can be linked to several factors, including the growth of the semiconductor industry, burgeoning energy sector, development of emerging markets, amplified research and development activities, and an increased emphasis on energy efficiency and sustainability. The forecast period is likely to see trends such as integration with Industry 4.0, creation of energy-saving vacuum pumps through modern materials, a shift toward miniature vacuum pumps, advancements in high vacuum technology, and the incorporation of Internet of Things (IoT) technology within vacuum pumps.
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What Are the Drivers Transforming the Vacuum Pumps Market?
The growth of the vacuum pumps market is predicted to be driven by the burgeoning food and beverage industry. The industry involves production, processing, packaging, and distribution for the consumption of food and drink products. The augmentation of the food and beverage sector is credited to changing consumer preference toward convenience foods, increasing demand for health-centered and organic food, and a growing worldwide population boosting consumption. Vacuum pumps play a crucial role in this industry to augment shelf life and preserve quality by extracting air and inhibiting oxidation during processing and packaging. For instance, the Agricultural and Agri-Food Department, a government department in Canada, reported that in 2022, the exports of processed food and beverage products touched a historic peak of $54.3 billion. This signified a 14.1% increase from the previous year and accounted for 34.7% of the total production value. Consequently, the ascending food and beverage sector is propelling the vacuum pumps market's growth.
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What Long-Term Trends Will Define the Future of the Vacuum Pumps Market?
In an attempt to gain a competitive advantage in the vacuum pumps market, major corporations are designing novel products like dry-running vacuum pumps. These pumps are devices that extract gas molecules from a contained space in order to form a low-pressure environment or a partial vacuum. For example, in March 2023, Flowserve Corporation, a prominent US-based company providing flow control solutions, introduced the SIHI Boost UltraPLUS dry-running vacuum pump. This product is engineered to drastically decrease cycle durations for batch procedures by over 50% thus making it a cost-effective option for load lock applications. Besides maintaining the advantages of the original SIHI Boost pumps, like oil-free operation and complete electronic synchronization, this enhanced design additionally boosts effectiveness by slashing the re-acceleration time by half.
Which Segments in the Vacuum Pumps Market Offer the Most Profit Potential?
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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Which Firms Dominate the Vacuum Pumps Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in the Vacuum Pumps Market?
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.
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