A vacuum valve, also known as a vacuum control valve or vacuum regulator, is a device used to control the flow of gases or fluids within a vacuum system. These valves are essential components that help control the flow of air and gases in vacuum applications. Different types of vacuum valves are available, such as angle, inline, ball and gate valves, each serving specific functions within a vacuum system.
The vacuum valve market consists of sales of vacuum valves that refer to a device mounted in a supply or exhaust line of a vacuum system. Vacuum valves serve multiple functions within a vacuum system, including isolating chambers, controlling gas flow rates, regulating pressure levels and allowing or preventing the passage of gases or fluids.
The global vacuum valve market was valued at $940.00 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 7.0%.
Increased Aircraft Manufacturing
The increased aircraft manufacturing drove the growth of the vacuum valve market during the historic period. Aircraft manufacturing is the process of designing, producing and assembling aircraft, such as airplanes, helicopters and unmanned aerial vehicles (drones). This process includes engineering design, component manufacture, airframe assembly, propulsion system installation, avionics integration and quality assurance testing. Vacuum valves are integral components of propulsion systems used in spacecraft for maneuvering, altitude control and orbital adjustments. They are also essential for creating and maintaining ultra-high vacuum environments in space simulation chambers used for testing spacecraft components, satellite payloads and astronaut equipment. For instance, in February 2023, according to a report published by Airbus SE, a Netherlands-based aerospace corporation, gross commercial aircraft orders increased to 1,078 from 771 in 2021. Therefore, the increased aircraft manufacturing supported the growth of the vacuum valve market.
Introducing Advanced Fast-Acting Compact Valves
Major companies operating in the vacuum valve market are focused on developing advanced solutions, such as fast-acting compact valves, to gain a competitive edge in the market. A fast-acting compact valve refers to a type of valve that exhibits rapid response and operation, allowing for quick opening and closing actions within a short timeframe. For instance, in December 2023, J. Schmalz GmbH, a Germany-based supplier of vacuum technology, launched the LQE compact valve, a new fast-acting compact valve for vacuum allocation on automated systems. The solution was developed to be light in both footprint and weight, allowing it to be installed directly on robotic arms or the gripper itself. The LQE has extremely low evacuation and ventilation periods, which helps to speed up gripping times. Faster grip times lead to enhanced quantity and productivity of manufacturing equipment. In addition to rapid vacuum speeds, the valve is designed to work with digital plant infrastructure. As part of the Schmalz Connect series, the valves can use IO-Link to provide process and status data to upper-level control systems at any time. This can assist in ensuring plant uptime and preventative maintenance.
The global vacuum valve market is concentrated, with large players operating in the market. The top ten competitors in the market made up to 44.6% of the total market in 2022.
Vacuum Valve Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global vacuum valve market as it emerges from the COVID-19 shut down.
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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? The vacuum valve market global report from The Business Research Company 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 history and forecasts market growth by geography. It places the market within the context of the wider vacuum valve market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by material, by pressure range, by operation and by end-use.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the vacuum valve market.
- Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis - Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type, by material, by pressure range, by operation and by end-use market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Other Major And Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for vacuum valve providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Type: Pressure Control Valves; Isolation Valves; Transfer Valves; Air Admittance Valves Check Valves; Other Types
- 2) By Material: Stainless Steel; Aluminum, Glass; Polyvinyl Chloride (PVC);other materials
- 3) By Pressure Range: Low-To-Medium Vacuum (>10-3 Torr);High Vacuum (<10-3 To >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 And Beverages; Paper And Pulp; Pharmaceuticals; Semiconductors; Other End Users
- Companies Mentioned: Parker Hannifin Corp; Emerson Electric Co.; VAT Group AG; SMC Corporation; ULVAC, Inc.
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
- 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; vacuum valve indicators comparison.
- Data segmentations: 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.