Vacuum Pumps are compressors or mechanical device which takes in gas at lower pressure than atmospheric pressure, compress it and then discharge the gas at atmospheric pressure. General purpose of vacuum is to clean & seal and depending on media being pumped through them it comes in wet and dry variants. Roots blower and liquid ring vacuum pumps are highly used in industries to create vacuum in confined spaces.

Vacuum Pumps are widely used in electronics industry, food & beverage industry, paper and pulp, plastics and others which has driven target market growth. Further, increase in oil & gas activities and rising demand for chips and exceptional products made by industrial players is expected to boost the demand for Vacuum Pumps market growth in coming years.

The report  “Vacuum Pumps Market, By Type (Dry Vacuum Pumps, Liquid Ring, Rotary Vane and Others), By Application (Semiconductor & Electronics, Oil & Gas, Food & Beverages, Chemical and Pharmaceutical, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

• In March 2022, Ingersoll launched new SVT series of rotary screw vacuum pumps with high capacity, high efficiency, designed for electronics and food & beverage industries. Newly launched SVT series of vacuum pumps uses minimal power, needs no water, and has efficient enclosure & compact footprint.
• In February 2020, Edward launched new “nXRI" compact dry vacuum pump with highest pumping density, lower input power, zero maintenance and compact size. Newly launched vacuum pump assures seamless integration into analytical instruments and suitable for electron microscopy, mass spectrometry and leak detection.

Analyst View:

The key factor driving the growth of the Vacuum Pumps market is increasing demand for Vacuum Pumps from various industrial sectors. Rising automotive industries and usage of vacuum pumps in car for safety purpose has contributed in target market growth. Further, rapid technological advancement, improved healthcare sector and rising number of surgical procedures is expected to boost the demand for Vacuum Pumps market over the forecast period. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Vacuum Pumps Market, By Type (Dry Vacuum Pumps, Liquid Ring, Rotary Vane and Others), By Application (Semiconductor & Electronics, Oil & Gas, Food & Beverages, Chemical and Pharmaceutical, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Vacuum Pumps Market accounted for US$ 6.4 Billion in 2024 and is estimated to be US$ 31.6 Billion by 2034 and is anticipated to register a CAGR of 19.20%. The Vacuum Pumps Market is segmented based on Type, Application and Region.

• Based on Type, Vacuum Pumps Market is segmented into Dry Vacuum Pumps, Liquid Ring, Rotary Vane and Others.
• Based on Application, Vacuum Pumps Market is segmented into Semiconductor & Electronics, Oil & Gas, Food & Beverages, Chemical and Pharmaceutical, and Others.
• By Region, the Vacuum Pumps Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Vacuum Pumps Market:

The prominent players operating in the Vacuum Pumps Market includes, Gardner Denver Holdings, Inc., Atlas Copco AB, Pfeiffer Vacuum Technology AG, ULVAC, Inc., Dr-Ing. K. Busch GmbH, Graham Corporation, Dekker Vacuum Technologies, Inc., Ebara Corporation, Tsurumi Manufacturing Co. Ltd., Flowserve Corporation, and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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