By technology, vacuum pump market is divided into gas transfer and gas capture/binding vacuum pumps; among these, gas transfer pumps will capture around 80% of entire market share and dominate the overall technology segment in forecast time span.
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MarketStudyReport.com adds a new report titled Vacuum Pump Market Size By Lubrication (Dry, Wet), By Technology (Gas Capture/Binding Pumps, Gas Transfer Pumps [Positive Displacement Pumps, Kinetic Pumps]), By Product (Low Vacuum, Medium Vacuum, High Vacuum), By End-user (Chemical & Pharmaceutical, Semiconductor & Electronics, Oil & Gas, Food & Beverages, Wood, Paper & Pulp), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025 to the Manufacturing and Construction segment of its online reports store .
On the basis of lubrication, vacuum pumps market is segregated into wet and dry types. Among these, dry vacuum segment will register annual growth with around 6% CAGR in future as the pumps don?t require any kind of lubrication and also provide dust & contamination free environment. This feature makes these pumps suitable for various applications in pharma industry.
On the basis of technology, the industry is divided into gas transfer and gas capture/binding vacuum pumps. Among these, gas transfer pumps will capture around 80% of entire vacuum pump market share and dominate the overall technology segment. The gas transfer pumps segment is further bifurcated into kinetic type and positive displacement type. These types of pumps are extremely high-pressure machines and find application in chemical conveyance, energy sector, etc.
The vacuum pumps market is fragmented by product, which include high, low and medium vacuum pumps. Among these, high speed vacuum pumps are likely to register positive growth due to its end user industries will register the significant growth in forecast spell. In terms of value, the high vacuum pumps registered more than USD 2.5 billion by 2025.
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Oil & gas sector will dominate the entire end-user segment with an estimated CAGR of 6% over the forecast years. Upsurge in investments for production & exploration activities with current changes in policies related to production of oil & gas specially in North America is crucial factor for vacuum pumps market growth by 2025.
On the basis of region, China vacuum pumps industry will likely to witness around 7% CAGR in future, with revenue more than USD 2 billion by 2025. Prevalence of basic chemical and consumer electronic products manufacturing industries in China will bolster the regional market demand over the forecast timeframe.
The major players in the vacuum pump market include DEKKER, Shimadzu, Busch, Becker, Pfeiffer, Atlas Copco, Ebara, Agilent, ULVAC, Kashiyama, etc.
Complete report on global vacuum pump market for 2018 – 2025, spread across 305 pages is now available at https://www.marketstudyreport.com/reports/vacuum-pump-market
Outside of the scope of these reports, the expansive growth of the global semiconductor industry is one of the major driving forces of vacuum pump market. These products find immense applications in the semiconductor sphere for ensuring a clean manufacturing environment and prevent hazards. The deployment dates back to more than three decades, when Edwards, a part of Atlas Copco’s Vacuum Solutions division, pioneered the usage of the dry type vacuum pump. The vast application of semiconductors in a plethora of electronic components consequently necessitate heavy demand for these pumps, fueling the commercialization landscape of vacuum pump market. As on today, two major semiconductor manufacturers still use Edwards’ dry type pumps – smartphone maker Samsung and SK Hynix, the memory chip producer.
As per estimates, in 2015, global sales of semiconductors surpassed a mammoth USD 335 billion. In the years to come, the Asia Pacific is expected to emerge as a key revenue pocket for the semiconductor industry, while the European and American belts are expected to depict a modest growth. On these grounds, prominent vacuum pump market players have been attempting to establish their manufacturing units in the continent slated to depict the most promising growth prospects. As the semiconductor industry across the economies of India, China, and South Korea continue to depict an upsurge, driven by the presence of prominent chipset manufacturers and a supportive regulatory framework in these nations, the Asia Pacific vacuum pump market is anticipated to exhibit a gradual rise in its revenue graph, driven by the extensive product demand.
A related report titled “Global Automotive Vacuum Pump Market Outlook 2018-2023” spread across 145 pages and published in June 2018 is now available at https://www.marketstudyreport.com/reports/global-automotive-vacuum-pump-market-outlook-2018-2023
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