Vacuum Generator Market Size, Share, Trends, Analysis and Forecasts To 2021

Market Research analysts forecast the global vacuum generator market for industrial robots to grow at a CAGR of 8.35% during the period 2017-2021.

The following companies as the key players in the global vacuum generator market for industrial robots: Festo, Parker Hannifin, Schmalz, and SMC.
Other Prominent Vendors in the market are: A.M.C. Vacuum Solutions, Air-Vac Engineering, COVAL, DESTACO, EXAIR, Gast Manufacturing, Gardner Denver Thomas, HITOP Automation Machinery, Mazda, Piab, Provoast Automation Controls, Tuthill, Unijet Pneumatics, VACGEN, Vacuforce, and YUEQING BETRE AUTOMATION.

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Commenting on the report, an analyst team said: The latest trend gaining momentum in the market is Growing sales of EVs. Over the past few years, the interest in electrical vehicles (EVs) in the US automotive sector has surged, with manufacturers beginning to introduce new EV models with advanced technology. The country aims to become the global leader in next-generation vehicle technologies. With the support of financial incentives and R&D, the country aims at lessening its dependence on petroleum products for transportation.

According to the report, one of the major drivers for this market is rise in automation: industrial revolution. Companies are increasingly resorting to automation as a way of meeting anticipated quality standards, owing to the increase in the demand for various products because of globalization and population growth. Many companies implement process automation to enhance their productivity and increase profit margins. Considering these factors, companies benefit due to the enhancement in overall efficiency that automation brings.

Further, the report states that one of the major factors hindering the growth of this market is energy inefficiency in Venturi vacuum generators. For decades, air-driven, Venturi vacuum generators have offered a feasible and flexible solution for vacuum-powered systems. Although they offer the advantage of quick response times, the use of compressed air in their operation makes them energy inefficient. It is for this reason that products developed using this equipment mostly lack in energy efficiency for localized operations.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Vacuum Generator Market for Industrial Robots

The global vacuum generators market for industrial robots will be significantly impacted by the growth dynamics in the industrial robot market as well as the developments in the overall manufacturing sector.

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Covered in this report

The report covers the present scenario and the growth prospects of the global vacuum generator market for industrial robots for 2017-2021. To calculate the market size, the report considers the demand for vacuum generators from the key end-user industries. Demand for the product across all geographies is also included.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Vacuum Generator Market for Industrial Robots 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Festo
Parker Hannifin
Schmalz
SMC
Other prominent vendors
A.M.C. Vacuum Solutions
Air-Vac Engineering
COVAL
DESTACO
EXAIR
Gast Manufacturing
Gardner Denver Thomas
HITOP Automation Machinery
Mazda
Piab
Provoast Automation Controls
Tuthill
Unijet Pneumatics
VACGEN
Vacuforce
YUEQING BETRE AUTOMATION

Market driver
Rise in automation: Industrial revolution
For a full, detailed list, view our report

Market challenge
Energy inefficiency in Venturi vacuum generators
For a full, detailed list, view our report

Market trend
Growing sales of EVs
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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