openPR Logo
Press release

MEA Vacuum Pumps Market to Exhibit 11.10% CAGR By 2025

10-11-2017 06:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR - Research Reports

The Middle East and Africa vacuum pumps market is progressing at a CAGR of 11.10% between 2015 and 2025. The market was valued at US$199.5 mn at the end of 2014, according to data derived from a research report released by Transparency Market Research.

The report is titled “Vacuum Pumps Market - MEA Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2025” and is available for sale on the official website.

As mentioned in the report, the MEA vacuum pumps market is driven by the growth in energy demand to fulfil a resurgent economy that is focusing on large-scale projects.

Obtain Report Details:
https://www.transparencymarketresearch.com/mea-vacuum-pumps-market.html

The projects are coming in after periods of economic slowdown and therefore have significantly boosted the demand for vacuum pumps.By range of application, the MEA vacuum pumps market is dominated by low pressure vacuum pumps.

Low pressure vacuum pumps held nearly 47% of the MEA vacuum pumps market in 2014, primarily driven by rising demand from the packaging industry as well as the conveyance industry.

On the other hand, the segment of medium pressure vacuum pumps is expected to witness a significant rate of growth, owing to high demand from process industries.

This list of process industries that require medium pressure vacuum pumps includes food and beverages, plastics, pharmaceuticals, chemicals, power, textile, and petrochemicals. The same process industries are also expected to up their demand for low pressure vacuum pumps in the coming years as well.

It is stated in the report that according to type, the MEA vacuum pumps market is led by gas transfer pumps. Gas entrapment pumps held around 61% of the market in 2014 and are expected to be the leader in terms of demand.

Make Enquiry @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4760

Among the multiple end-use industries of vacuum pumps, the MEA vacuum pumps market was dominated by the oil and gas sector, which held more than 36% of the market in 2014.

The MEA vacuum pumps market is expected to continue growing in a consistent manner, with demand from small-scale industries on the rise. These small-scale industries may be from the power, process, and manufacturing sectors.

The GCC countries dominated the MEA vacuum pumps market in 2014, with a share of nearly 30% in 2014. The GCC countries are expected to significantly increase their demand for vacuum pumps due to an upswing in manufacturing and industrial activities.

This includes the export of non-oil products, which has been consistently on the rise over the past two decades.Iran, however, is expected to overtake the GCC countries in terms of demand over the report’s forecast period, giving rise to new opportunities.

The key players in the MEA vacuum pumps market are Sterling SIHI GmbH, Ebara Corporation, Dekker Vacuum Technologies, Inc., Graham Corporation, Tuthill Corporation, Atlas Copco AB, Oerlikon Leybold Vacuum GmbH, ULVAC, Inc., Pfeiffer Vacuum GmbH, and Gardner Denver, Inc.

Get TOC @ https://www.transparencymarketresearch.com/report-toc/4760

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release MEA Vacuum Pumps Market to Exhibit 11.10% CAGR By 2025 here

News-ID: 768754 • Views: 321

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for MEA

Global Stearamide MEA Market Huge Growth Opportunity between 2020-2025
LP INFORMATION recently released a research report on the Stearamide MEA market analysis, which studies the Stearamide MEA's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "Stearamide MEA Market 2020-2025" Research Report categorizes the global Stearamide MEA market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth
MEA Technetium-99m Market Analysis and Forecast up to 2024
The opportunity in the Middle East and Africa technetium-99m market was pegged at US$273.3 mn in 2015 and is projected to be worth US$636.1 mn by 2026, expanding at a CAGR of 8.1% therein. Advancement in Imaging Technologies a Key Contributor “The prevalence of non-communicable and chronic diseases, such as cancer and cardiac disorders, is much higher in the developing economies of MEA than communicable diseases and this is mainly attributed to
MEA Technetium-99m Market 2024; Hospitals Most Preferred Settings for Medical Im …
Technetium-99m Market: Snapshot The technetium-99m market in the Middle East and Africa is expected to witness moderate growth during the forecast period from 2016 to 2026. The high installed base of gamma cameras in various countries in the Middle East, better product availability in hospitals, and a gradual rise in awareness about cancer in the region are the key factors contributing toward the growth of the technetium-99m market in the
MEA Solar Tracker Industry Trends and key Insights by 2019
The growing use of renewable sources of energy as a means of generating power is one of the primary reasons behind the growth of the solar tracker market in the Middle East and Africa (MEA), states Transparency Market Research in its report, titled “Solar Tracker - Middle East and Africa (MEA) Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2019”.According to the report, the MEA solar tracker market
Technetium-99m Market - MEA Industry Analysis 2016 - 2024
Global players are increasingly focusing on emerging market economies and the Middle East and Africa (MEA) region appears to be a lucrative spot in the overall technetium-99m market. Transparency Market Research (TMR) finds that players in the MEA technetium-99m market are capitalizing on the presence of a large underserved population and the advent of conducive policies towards the growth of radiotherapy and radio diagnosis. The improving healthcare infrastructure, the increasing
Global Edible Insects Market : Increasing consumer awareness in MEA
Persistence Market Research (PMR) delivers key insights on the global edible insects market in its upcoming outlook titled, “Edible Insects Market: Global Industry Analysis and Forecast, 2016 – 2024”. In terms of value, the global edible insects market is projected to register a healthy CAGR of 6.1% during the forecast period due to various factors, regarding which PMR offers vital insights in detail. For More Information Request TOC (desk of