Vacuum Pump Market Report: Trends, Forecast and Competitive Analysis to 2030

Vacuum Pump Trends and Forecast

The future of the global vacuum pump market looks promising with opportunities in the chemical & petrochemical, semiconductor & electronics, manufacturing, pharmaceutical, and food & beverage markets. The global vacuum pump market is expected to grow with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are advanced technology and heightened automation and increasing intricacy in manufacturing procedures across various industries is evident.

A more than 150-page report is developed to help in your business decisions.

Vacuum Pump by Segment

The study includes a forecast for the global vacuum pump by vacuum level, lubrication, end use, and region.

Vacuum Pump Market by Vacuum Level [Shipment Analysis by Value from 2018 to 2030]:

• Low
• Medium
• High

Vacuum Pump Market by Lubrication [Shipment Analysis by Value from 2018 to 2030]:

• Dry
• Wet

Vacuum Pump Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Chemical & Petrochemical
• Semiconductor & Electronics
• Manufacturing
• Pharmaceutical
• Food & Beverage
• Others

Vacuum Pump Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Vacuum Pump Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vacuum pump companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vacuum pump companies profiled in this report include-

• Atlas Copco
• Flowserve
• Becker Pumps
• Busch
• Ingersoll Rand
• Ebara
• Graham
• Ulvac
• Globalvac & Air
• Pfeiffer Vacuum

Vacuum Pump Market Insights

Lucintel forecasts that high is expected to witness highest growth over the forecast period due to precision in optics, electronics, coatings, and sensitive medical device manufacturing, driving market dominance.

Within this market, manufacturing will remain the largest segment due to requiring precision, efficiency, and reliability, diverse industrial processes emphasize controlled pressure.

APAC is expected to witness highest growth over the forecast period due to expansion of the pharmaceutical sector and robust electronics and semiconductors sector within the region.

Features of the Global Vacuum Pump Market

Market Size Estimates: Wet vacuum pump market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Wet vacuum pump market size by vacuum level, lubrication, end use, and region in terms of value ($B).

Regional Analysis: Wet vacuum pump market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different vacuum level, lubrication, end use, and regions for the vacuum pump market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vacuum pump market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for vacuum pump market?

Answer: The global vacuum pump market is expected to grow with a CAGR of 6.7% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the vacuum pump market?

Answer: The major drivers for this market are advanced technology and heightened automation and increasing intricacy in manufacturing procedures across various industries is evident.

Q3. What are the major segments for vacuum pump market?

Answer: The future of the vacuum pump market looks promising with opportunities in the chemical & petrochemical, semiconductor & electronics, manufacturing, pharmaceutical, and food & beverage markets.

Q4. Who are the key vacuum pump market companies?

Answer: Some of the key vacuum pump companies are as follows.

• Atlas Copco
• Flowserve
• Becker Pumps
• Busch
• Ingersoll Rand
• Ebara
• Graham
• Ulvac
• Globalvac & Air
• Pfeiffer Vacuum

Q5. Which vacuum pump market segment will be the largest in future?

Answer: Lucintel forecasts that high is expected to witness highest growth over the forecast period due to precision in optics, electronics, coatings, and sensitive medical device manufacturing, driving market dominance.

Q6. In vacuum pump market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to expansion of the pharmaceutical sector and robust electronics and semiconductors sector within the region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the vacuum pump market by vacuum level (low, medium, and high), lubrication (dry and wet), end use (chemical & petrochemical, semiconductor & electronics, manufacturing, pharmaceutical, food & beverage, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?