The industrial vacuum pumps market size has grown strongly in recent years. It will grow from $5.23 billion in 2023 to $5.61 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth observed during the historic period can be attributed to several factors, including the expansion of the semiconductor industry, growth in the automotive sector, increased applications in the oil and gas industry, rising demand from the pharmaceutical sector, adoption of vacuum pumps in food and beverage processing, expansion of the chemical industry, and utilization of vacuum pumps in energy and power generation.
The industrial vacuum pumps market size is expected to see strong growth in the next few years. It will grow to $7.45 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The projected growth in the forecast period can be attributed to several factors, including increasing demand from the pharmaceutical sector, the adoption of vacuum pumps in emerging markets, a focus on energy efficiency and sustainability, and the expansion of vacuum pump applications in aerospace and defense. Key trends expected during this period encompass the adoption of Industry 4 technologies in vacuum pump systems, a shift towards oil-free and environmentally friendly vacuum pump solutions, the integration of digital twins and simulation tools for vacuum system optimization, the emergence of smart vacuum pumps with remote monitoring and control capabilities, and technological advancements in vacuum pump technology.
The industrial vacuum pump market is poised for growth, driven by the expansion of semiconductor manufacturing. Semiconductors, crucial components in electronic devices, are experiencing increased demand due to technological advancements and the proliferation of IoT devices. Consequently, semiconductor manufacturing facilities are on the rise, creating a need for industrial vacuum pumps. These pumps play a vital role in semiconductor fabrication processes by creating and maintaining vacuum environments necessary for deposition, etching, and wafer handling. For example, in the first quarter of 2024, global semiconductor sales surged by 15.2%, reflecting robust growth across various regions, including China, the Americas, and Asia Pacific.
Key players in the industrial vacuum pump market are concentrating on developing innovative solutions to streamline installation and improve operational efficiency. One notable advancement is the introduction of ready-to-plug vacuum pumps, which come fully assembled and configured for immediate deployment. For instance, Kaishan USA launched the KRSV series, featuring oil-flooded rotary screw vacuum pumps designed for energy efficiency and versatility. These pumps boast variable speed drives and variable discharge port airends, offering precise control and energy savings across a wide range of applications.
In January 2022, Atlas Copco Group bolstered its position in the industrial vacuum market by acquiring HHV Pumps Pvt. Ltd., an Indian company specializing in vacuum pump manufacturing. This strategic move enhances Atlas Copco's Vacuum Technique Business Area and reinforces its presence in the industrial vacuum sector. By integrating HHV Pumps into its Industrial Vacuum Division, Atlas Copco aims to expand its product portfolio and better serve the evolving needs of customers in various industries.
Major companies operating in the industrial vacuum pumps market are Atlas Copco AB, Agilent Technologies Inc., GEA Group AG, MANN+HUMMEL Group, Gardner Denver Holdings Inc., Edwards Vacuum Limited, Busch Vacuum Solutions Inc., Pfeiffer Vacuum Technology AG, Tuthill Corporation, Oerlikon Leybold Vacuum GmbH, Leybold GmbH, Gebr. Becker GmbH, PIAB AB, Graham Corporation, Becker Pumps Corporation, Gast Manufacturing Inc., MDC Vacuum Products LLC, ULVAC Technologies Inc., DEKKER Vacuum Technologies Inc., DVP Vacuum Technology Co. Ltd., Precision Plus Vacuum Parts, MIL'S S.A.S., BGS General Srl, Pompetravaini S.p.A., Samson Pumps A/S.
North America was the largest region in the industrial vacuum pumps market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial vacuum pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the industrial vacuum pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Industrial vacuum pumps are devices utilized to create a vacuum by extracting gas molecules from a sealed volume, thereby decreasing the pressure within the space. These pumps are engineered to handle various vacuum ranges, from low to ultra-high vacuum, each tailored to specific industrial needs. Their primary role is to ensure efficient and dependable vacuum generation for processes requiring controlled atmospheric conditions.
The main types of industrial vacuum pumps encompass rotary vacuum pumps, reciprocating vacuum pumps, kinetic vacuum pumps, dynamic pumps, and specialized vacuum pumps. Rotary vacuum pumps employ rotating mechanisms to generate suction and eliminate gases from a sealed environment. These pumps find application in processes such as reaction processes, drying processes, distillation processes, and crystallization processes across a wide array of industries, including food and beverage, energy and power, pharmaceuticals, chemicals, semiconductors, oil and gas, automotive, and others.
The industrial vacuum pumps market research report is one of a series of new reports that provides industrial vacuum pumps market statistics, including industrial vacuum pumps industry global market size, regional shares, competitors with an industrial vacuum pumps market share, detailed industrial vacuum pumps market segments, market trends and opportunities, and any further data you may need to thrive in the industrial vacuum pumps industry. This industrial vacuum pumps 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 industrial vacuum pumps market consists of sales of a variety of products including diaphragm vacuum pumps, turbo molecular vacuum pumps, cryogenic vacuum pumps, scroll vacuum pumps, and vapor jet vacuum pumps. 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 industrial vacuum pumps market size is expected to see strong growth in the next few years. It will grow to $7.45 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The projected growth in the forecast period can be attributed to several factors, including increasing demand from the pharmaceutical sector, the adoption of vacuum pumps in emerging markets, a focus on energy efficiency and sustainability, and the expansion of vacuum pump applications in aerospace and defense. Key trends expected during this period encompass the adoption of Industry 4 technologies in vacuum pump systems, a shift towards oil-free and environmentally friendly vacuum pump solutions, the integration of digital twins and simulation tools for vacuum system optimization, the emergence of smart vacuum pumps with remote monitoring and control capabilities, and technological advancements in vacuum pump technology.
The industrial vacuum pump market is poised for growth, driven by the expansion of semiconductor manufacturing. Semiconductors, crucial components in electronic devices, are experiencing increased demand due to technological advancements and the proliferation of IoT devices. Consequently, semiconductor manufacturing facilities are on the rise, creating a need for industrial vacuum pumps. These pumps play a vital role in semiconductor fabrication processes by creating and maintaining vacuum environments necessary for deposition, etching, and wafer handling. For example, in the first quarter of 2024, global semiconductor sales surged by 15.2%, reflecting robust growth across various regions, including China, the Americas, and Asia Pacific.
Key players in the industrial vacuum pump market are concentrating on developing innovative solutions to streamline installation and improve operational efficiency. One notable advancement is the introduction of ready-to-plug vacuum pumps, which come fully assembled and configured for immediate deployment. For instance, Kaishan USA launched the KRSV series, featuring oil-flooded rotary screw vacuum pumps designed for energy efficiency and versatility. These pumps boast variable speed drives and variable discharge port airends, offering precise control and energy savings across a wide range of applications.
In January 2022, Atlas Copco Group bolstered its position in the industrial vacuum market by acquiring HHV Pumps Pvt. Ltd., an Indian company specializing in vacuum pump manufacturing. This strategic move enhances Atlas Copco's Vacuum Technique Business Area and reinforces its presence in the industrial vacuum sector. By integrating HHV Pumps into its Industrial Vacuum Division, Atlas Copco aims to expand its product portfolio and better serve the evolving needs of customers in various industries.
Major companies operating in the industrial vacuum pumps market are Atlas Copco AB, Agilent Technologies Inc., GEA Group AG, MANN+HUMMEL Group, Gardner Denver Holdings Inc., Edwards Vacuum Limited, Busch Vacuum Solutions Inc., Pfeiffer Vacuum Technology AG, Tuthill Corporation, Oerlikon Leybold Vacuum GmbH, Leybold GmbH, Gebr. Becker GmbH, PIAB AB, Graham Corporation, Becker Pumps Corporation, Gast Manufacturing Inc., MDC Vacuum Products LLC, ULVAC Technologies Inc., DEKKER Vacuum Technologies Inc., DVP Vacuum Technology Co. Ltd., Precision Plus Vacuum Parts, MIL'S S.A.S., BGS General Srl, Pompetravaini S.p.A., Samson Pumps A/S.
North America was the largest region in the industrial vacuum pumps market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial vacuum pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the industrial vacuum pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Industrial vacuum pumps are devices utilized to create a vacuum by extracting gas molecules from a sealed volume, thereby decreasing the pressure within the space. These pumps are engineered to handle various vacuum ranges, from low to ultra-high vacuum, each tailored to specific industrial needs. Their primary role is to ensure efficient and dependable vacuum generation for processes requiring controlled atmospheric conditions.
The main types of industrial vacuum pumps encompass rotary vacuum pumps, reciprocating vacuum pumps, kinetic vacuum pumps, dynamic pumps, and specialized vacuum pumps. Rotary vacuum pumps employ rotating mechanisms to generate suction and eliminate gases from a sealed environment. These pumps find application in processes such as reaction processes, drying processes, distillation processes, and crystallization processes across a wide array of industries, including food and beverage, energy and power, pharmaceuticals, chemicals, semiconductors, oil and gas, automotive, and others.
The industrial vacuum pumps market research report is one of a series of new reports that provides industrial vacuum pumps market statistics, including industrial vacuum pumps industry global market size, regional shares, competitors with an industrial vacuum pumps market share, detailed industrial vacuum pumps market segments, market trends and opportunities, and any further data you may need to thrive in the industrial vacuum pumps industry. This industrial vacuum pumps 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 industrial vacuum pumps market consists of sales of a variety of products including diaphragm vacuum pumps, turbo molecular vacuum pumps, cryogenic vacuum pumps, scroll vacuum pumps, and vapor jet vacuum pumps. 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. Industrial Vacuum Pumps Market Characteristics3. Industrial Vacuum Pumps Market Trends and Strategies32. Global Industrial Vacuum Pumps Market Competitive Benchmarking33. Global Industrial Vacuum Pumps Market Competitive Dashboard34. Key Mergers and Acquisitions in the Industrial Vacuum Pumps Market
4. Industrial Vacuum Pumps Market - Macro Economic Scenario
5. Global Industrial Vacuum Pumps Market Size and Growth
6. Industrial Vacuum Pumps Market Segmentation
7. Industrial Vacuum Pumps Market Regional and Country Analysis
8. Asia-Pacific Industrial Vacuum Pumps Market
9. China Industrial Vacuum Pumps Market
10. India Industrial Vacuum Pumps Market
11. Japan Industrial Vacuum Pumps Market
12. Australia Industrial Vacuum Pumps Market
13. Indonesia Industrial Vacuum Pumps Market
14. South Korea Industrial Vacuum Pumps Market
15. Western Europe Industrial Vacuum Pumps Market
16. UK Industrial Vacuum Pumps Market
17. Germany Industrial Vacuum Pumps Market
18. France Industrial Vacuum Pumps Market
19. Italy Industrial Vacuum Pumps Market
20. Spain Industrial Vacuum Pumps Market
21. Eastern Europe Industrial Vacuum Pumps Market
22. Russia Industrial Vacuum Pumps Market
23. North America Industrial Vacuum Pumps Market
24. USA Industrial Vacuum Pumps Market
25. Canada Industrial Vacuum Pumps Market
26. South America Industrial Vacuum Pumps Market
27. Brazil Industrial Vacuum Pumps Market
28. Middle East Industrial Vacuum Pumps Market
29. Africa Industrial Vacuum Pumps Market
30. Industrial Vacuum Pumps Market Competitive Landscape and Company Profiles
31. Industrial Vacuum Pumps Market Other Major and Innovative Companies
35. Industrial Vacuum Pumps Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Industrial Vacuum Pumps Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on industrial vacuum pumps 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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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for industrial vacuum pumps? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial vacuum pumps market global 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.
Scope
Markets Covered:
1) By Type: Rotary Vacuum Pumps; Reciprocating Vacuum Pumps; Kinetic Vacuum Pumps; Dynamic Pumps; Specialized Vacuum Pumps2) By Application: Reaction Process; Drying Process; Distillation Process; Crystallization Process
3) By End-User: Food And Beverage; Energy And Power; Pharmaceutical; Chemical; Semiconductor; Oil And Gas; Automotive; Other End Users
Key Companies Mentioned: Atlas Copco AB; Agilent Technologies Inc.; GEA Group AG; MANN+HUMMEL Group; Gardner Denver Holdings Inc.
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
- Atlas Copco AB
- Agilent Technologies Inc.
- GEA Group AG
- MANN+HUMMEL Group
- Gardner Denver Holdings Inc.
- Edwards Vacuum Limited
- Busch Vacuum Solutions Inc.
- Pfeiffer Vacuum Technology AG
- Tuthill Corporation
- Oerlikon Leybold Vacuum GmbH
- Leybold GmbH
- Gebr. Becker GmbH
- PIAB AB
- Graham Corporation
- Becker Pumps Corporation
- Gast Manufacturing Inc.
- MDC Vacuum Products LLC
- ULVAC Technologies Inc.
- DEKKER Vacuum Technologies Inc.
- DVP Vacuum Technology Co. Ltd.
- Precision Plus Vacuum Parts
- MIL'S S.A.S.
- BGS General Srl
- Pompetravaini S.p.A.
- Samson Pumps A/S
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 5.61 Billion |
Forecasted Market Value ( USD | $ 7.45 Billion |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |