The vacuum valve market size has grown rapidly in recent years. It will grow from $1.4 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 12.2%. The growth witnessed in the historic period can be credited to various factors including the demand in industrial manufacturing, the semiconductor and electronics industry, applications within healthcare and analytical instruments, research and development activities, as well as advancements in energy and power generation sectors.
The vacuum valve market size is expected to see rapid growth in the next few years. It will grow to $2.46 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The anticipated growth in the forecast period is expected to be driven by ongoing industrial applications, advancements in semiconductor technology, growth within biomedical instrumentation, expansion of analytical instrumentation applications, and the progression of renewable energy projects. Major trends expected during this period include a heightened emphasis on energy efficiency, increased applications in thin-film deposition technologies, a focus on environmental and regulatory compliance, significant investments in research and development for enhanced performance, and the globalization of manufacturing processes.
The vacuum valve market anticipates an upswing owing to the escalating production of flat-panel displays for consumer electronics. Flat-panel displays, smaller and more energy-efficient than CRTs, drive demand for vacuum and emission reduction equipment in their manufacturing. Hindustan Times reported the FPD market at $100 billion in 2020, projected to exceed $125 billion by 2024. This surge in flat-panel display production acts as a driver for the vacuum valve market's growth.
The advancing semiconductor industry is poised to propel the vacuum valve market's growth. As semiconductor technology strives for smaller nodes and increased processing power, the industry increasingly relies on vacuum valves to accommodate these advancements. Shrinking nodes and evolving chip designs necessitate more vacuum-reliant processes. The Semiconductor Industry Association reported a record-breaking $574.1 billion in global semiconductor industry sales in 2022, marking a 3.3% increase from the previous year's $555.9 billion. This surge in the semiconductor sector fuels the expansion of the vacuum valve market.
The vacuum valve market is witnessing a drive towards innovation, notably in the development of vacuum conveyors tailored to address material handling challenges. Piab, a Sweden-based leader in vacuum technology and automation solutions, launched the piFLOWam vacuum conveyor in December 2021, specifically designed for additive manufacturing. Crafted from stainless steel, this conveyor accommodates material temperatures of up to 140°F (60°C) and weighs 33 lbs (15 kg), offering a maximum feed pressure of 101.5 psi (7 bar). Its compact design allows versatile installation atop 3D printers, intermediate vessels, or depowdering stations, even within confined spaces, addressing material handling requirements efficiently.
Prominent players in the vacuum valve market are concentrating efforts on advanced solutions, particularly ball valves, to manage fluid flow efficiently. Conval Inc., a leading US-based manufacturer specializing in high-quality, high-pressure forged steel valves, introduced Camseal in-line renewable ball valves in January 2021. These valves target savings in labor, materials, and downtime within high-pressure and high-temperature applications. Featuring a unique top-entry design enabling quick in-line access and straightforward cartridge-style renewability in just 30 minutes, these metal-seated valves cater to stringent pressure and temperature requirements. The one-piece body design mitigates pipeline stresses and associated loosening while ensuring zero body, seat, and stem leakage on both manual and actuated valves.
In November 2021, Atlas Copco, a Swedish industrial tools and equipment manufacturer, successfully acquired HHV Pumps Pvt. Ltd. for an undisclosed sum. This strategic acquisition not only bolsters Atlas Copco's market presence but also integrates HHV Pumps into the Vacuum Technique Business Area's Industrial Vacuum Division. By merging with HHV Pumps, an India-based vacuum pump manufacturer, Atlas Copco gains enhanced local production capabilities, augmenting its competitive edge in the industrial tools and equipment domain.
Major companies operating in the vacuum valve market report are Samsung Electronics Co. Ltd., Robert Bosch GmbH, Siemens Aktiengesellschaft, Intel Corporation, Panasonic Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., Parker Hannifin Corporation, ULVAC Inc., Emerson Electric Co., Danfoss Group, CKD Corporation, Agilent Technologies Inc., Cameron a Schlumberger Company, SMC Corporation, Pentair PLC, MKS Instruments Inc., nVent Electric PLC, VAT Group AG, AVK Group A/S, Pfeiffer Vacuum Technology AG, V-TEX Corporation, Kurt J. Lesker Company, Kitz SCT Corporation, BEL Valves Limited, Fisher Controls International LLC, HVA LLC, Flomatic Corporation, Shanghai Vacuum Valve Manufacturing Co. Ltd., Nexans SA, Leybold GmbH, INFICON Holding AG, Brooks Automation Inc., Edwards Vacuum LLC, ANVER Corporation.
Asia-Pacific was the largest region in the vacuum valve market share in 2023. The regions covered in the vacuum valve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vacuum valve market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vacuum valves encompass pressure control valves, isolation valves, transfer valves, air admittance valves, and check valves. Pressure control valves regulate system pressure, adjusting force on hydraulic components. These valves are crafted from materials such as stainless steel, aluminum, glass, polyvinyl chloride, and others. They operate within low-to-medium vacuum (> 10-3 torr), high vacuum (10-3->10-8 torr), and very high vacuum (10-8 torr) ranges. Various industries, including analytical instruments, chemicals, flat-panel display manufacturing, food & beverages, paper & pulp, pharmaceuticals, semiconductors, thin-film coatings, and others, rely on these valves for their operations.
The vacuum valve market research report is one of a series of new reports that provides vacuum valve market statistics, including vacuum valve industry global market size, regional shares, competitors with a vacuum valve market share, detailed vacuum valve market segments, market trends and opportunities, and any further data you may need to thrive in the vacuum valve industry. This vacuum valve market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The vacuum valves market consists of sales of butterfly valves, angle and inline valves, pendulum valves, and isolation valves, gate valves, angle, and inline valves, pendulum valves, ball valves. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The vacuum valve market size is expected to see rapid growth in the next few years. It will grow to $2.46 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The anticipated growth in the forecast period is expected to be driven by ongoing industrial applications, advancements in semiconductor technology, growth within biomedical instrumentation, expansion of analytical instrumentation applications, and the progression of renewable energy projects. Major trends expected during this period include a heightened emphasis on energy efficiency, increased applications in thin-film deposition technologies, a focus on environmental and regulatory compliance, significant investments in research and development for enhanced performance, and the globalization of manufacturing processes.
The vacuum valve market anticipates an upswing owing to the escalating production of flat-panel displays for consumer electronics. Flat-panel displays, smaller and more energy-efficient than CRTs, drive demand for vacuum and emission reduction equipment in their manufacturing. Hindustan Times reported the FPD market at $100 billion in 2020, projected to exceed $125 billion by 2024. This surge in flat-panel display production acts as a driver for the vacuum valve market's growth.
The advancing semiconductor industry is poised to propel the vacuum valve market's growth. As semiconductor technology strives for smaller nodes and increased processing power, the industry increasingly relies on vacuum valves to accommodate these advancements. Shrinking nodes and evolving chip designs necessitate more vacuum-reliant processes. The Semiconductor Industry Association reported a record-breaking $574.1 billion in global semiconductor industry sales in 2022, marking a 3.3% increase from the previous year's $555.9 billion. This surge in the semiconductor sector fuels the expansion of the vacuum valve market.
The vacuum valve market is witnessing a drive towards innovation, notably in the development of vacuum conveyors tailored to address material handling challenges. Piab, a Sweden-based leader in vacuum technology and automation solutions, launched the piFLOWam vacuum conveyor in December 2021, specifically designed for additive manufacturing. Crafted from stainless steel, this conveyor accommodates material temperatures of up to 140°F (60°C) and weighs 33 lbs (15 kg), offering a maximum feed pressure of 101.5 psi (7 bar). Its compact design allows versatile installation atop 3D printers, intermediate vessels, or depowdering stations, even within confined spaces, addressing material handling requirements efficiently.
Prominent players in the vacuum valve market are concentrating efforts on advanced solutions, particularly ball valves, to manage fluid flow efficiently. Conval Inc., a leading US-based manufacturer specializing in high-quality, high-pressure forged steel valves, introduced Camseal in-line renewable ball valves in January 2021. These valves target savings in labor, materials, and downtime within high-pressure and high-temperature applications. Featuring a unique top-entry design enabling quick in-line access and straightforward cartridge-style renewability in just 30 minutes, these metal-seated valves cater to stringent pressure and temperature requirements. The one-piece body design mitigates pipeline stresses and associated loosening while ensuring zero body, seat, and stem leakage on both manual and actuated valves.
In November 2021, Atlas Copco, a Swedish industrial tools and equipment manufacturer, successfully acquired HHV Pumps Pvt. Ltd. for an undisclosed sum. This strategic acquisition not only bolsters Atlas Copco's market presence but also integrates HHV Pumps into the Vacuum Technique Business Area's Industrial Vacuum Division. By merging with HHV Pumps, an India-based vacuum pump manufacturer, Atlas Copco gains enhanced local production capabilities, augmenting its competitive edge in the industrial tools and equipment domain.
Major companies operating in the vacuum valve market report are Samsung Electronics Co. Ltd., Robert Bosch GmbH, Siemens Aktiengesellschaft, Intel Corporation, Panasonic Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., Parker Hannifin Corporation, ULVAC Inc., Emerson Electric Co., Danfoss Group, CKD Corporation, Agilent Technologies Inc., Cameron a Schlumberger Company, SMC Corporation, Pentair PLC, MKS Instruments Inc., nVent Electric PLC, VAT Group AG, AVK Group A/S, Pfeiffer Vacuum Technology AG, V-TEX Corporation, Kurt J. Lesker Company, Kitz SCT Corporation, BEL Valves Limited, Fisher Controls International LLC, HVA LLC, Flomatic Corporation, Shanghai Vacuum Valve Manufacturing Co. Ltd., Nexans SA, Leybold GmbH, INFICON Holding AG, Brooks Automation Inc., Edwards Vacuum LLC, ANVER Corporation.
Asia-Pacific was the largest region in the vacuum valve market share in 2023. The regions covered in the vacuum valve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vacuum valve market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vacuum valves encompass pressure control valves, isolation valves, transfer valves, air admittance valves, and check valves. Pressure control valves regulate system pressure, adjusting force on hydraulic components. These valves are crafted from materials such as stainless steel, aluminum, glass, polyvinyl chloride, and others. They operate within low-to-medium vacuum (> 10-3 torr), high vacuum (10-3->10-8 torr), and very high vacuum (10-8 torr) ranges. Various industries, including analytical instruments, chemicals, flat-panel display manufacturing, food & beverages, paper & pulp, pharmaceuticals, semiconductors, thin-film coatings, and others, rely on these valves for their operations.
The vacuum valve market research report is one of a series of new reports that provides vacuum valve market statistics, including vacuum valve industry global market size, regional shares, competitors with a vacuum valve market share, detailed vacuum valve market segments, market trends and opportunities, and any further data you may need to thrive in the vacuum valve industry. This vacuum valve market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The vacuum valves market consists of sales of butterfly valves, angle and inline valves, pendulum valves, and isolation valves, gate valves, angle, and inline valves, pendulum valves, ball valves. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Vacuum Valve Market Characteristics3. Vacuum Valve Market Trends and Strategies32. Global Vacuum Valve Market Competitive Benchmarking33. Global Vacuum Valve Market Competitive Dashboard34. Key Mergers and Acquisitions in the Vacuum Valve Market
4. Vacuum Valve Market - Macro Economic Scenario
5. Global Vacuum Valve Market Size and Growth
6. Vacuum Valve Market Segmentation
7. Vacuum Valve Market Regional and Country Analysis
8. Asia-Pacific Vacuum Valve Market
9. China Vacuum Valve Market
10. India Vacuum Valve Market
11. Japan Vacuum Valve Market
12. Australia Vacuum Valve Market
13. Indonesia Vacuum Valve Market
14. South Korea Vacuum Valve Market
15. Western Europe Vacuum Valve Market
16. UK Vacuum Valve Market
17. Germany Vacuum Valve Market
18. France Vacuum Valve Market
19. Italy Vacuum Valve Market
20. Spain Vacuum Valve Market
21. Eastern Europe Vacuum Valve Market
22. Russia Vacuum Valve Market
23. North America Vacuum Valve Market
24. USA Vacuum Valve Market
25. Canada Vacuum Valve Market
26. South America Vacuum Valve Market
27. Brazil Vacuum Valve Market
28. Middle East Vacuum Valve Market
29. Africa Vacuum Valve Market
30. Vacuum Valve Market Competitive Landscape and Company Profiles
31. Vacuum Valve Market Other Major and Innovative Companies
35. Vacuum Valve Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Vacuum Valve Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on vacuum valve market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Measure the impact of high global inflation on market growth.
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- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for vacuum valve? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Pressure Control Valves; Isolation Valves; Transfer Valves; Air Admittance Valves; Check Valves
2) By Material: Stainless Steel; Aluminum; Glass; Polyvinyl Chloride; Other Materials
3) By Pressure Range: Low-to-Medium Vacuum (>10-3 torr); High Vacuum (< 10-3->10-8 torr); Very High Vacuum (< 10-8 torr)
4) By Operation: Manual; Actuated; Other Operations
5) By End-Use: Analytical Instruments; Chemicals; Flat-Panel Display Manufacturing; Food & Beverages; Paper & Pulp; Pharmaceuticals; Semiconductors; Thin-Film Coatings; Other End-users
Key Companies Mentioned: Samsung Electronics Co. Ltd.; Robert Bosch GmbH; Siemens Aktiengesellschaft; Intel Corporation; Panasonic Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Samsung Electronics Co. Ltd.
- Robert Bosch GmbH
- Siemens Aktiengesellschaft
- Intel Corporation
- Panasonic Corporation
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Honeywell International Inc.
- Parker Hannifin Corporation
- ULVAC Inc.
- Emerson Electric Co.
- Danfoss Group
- CKD Corporation
- Agilent Technologies Inc.
- Cameron a Schlumberger Company
- SMC Corporation
- Pentair plc
- MKS Instruments Inc.
- nVent Electric plc
- VAT Group AG
- AVK Group A/S
- Pfeiffer Vacuum Technology AG
- V-TEX Corporation
- Kurt J. Lesker Company
- Kitz SCT Corporation
- BEL Valves Limited
- Fisher Controls International LLC
- HVA LLC
- Flomatic Corporation
- Shanghai Vacuum Valve Manufacturing Co. Ltd.
- Nexans SA
- Leybold GmbH
- INFICON Holding AG
- Brooks Automation Inc.
- Edwards Vacuum LLC
- ANVER Corporation
