MarketersMEDIA / Newsroom / Global Vacuum Pumps Market is expected to reach $8.17 billion by 2027 growing at a CAGR of 7.5% during 2018 to 2027.

Global Vacuum Pumps Market is expected to reach $8.17 billion by 2027 growing at a CAGR of 7.5% during 2018 to 2027.

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Some of the key players profiled in the Vacuum Pumps market include Atlas Copco, Busch Vacuum, Cutes Corp., Dekker, Ebara, Gardner Denver, Gast(IDEX), Sterling SIHI, Tsurumi Manufacturing, Tuthill, ULVAC, Value Specializes and Wenling Tingwei.

— Increasing purchase power of the middle-class population around the world, in addition to rapid technological developments in the electronics products such as computers, mobile phone, and tablets are some of the factors fuelling the market growth. However, impeller design, improper priming and clogging of the suction pipeline are restricting market growth.

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A vacuum pump is a mechanical device which is used to create a vacuum by removing gas molecules from a sealed volume by leaving a partial vacuum. Growing adoption of vacuum pumps in power, oil & gas, chemical processing, and semiconductor industries is driving the demand for vacuum pumps. These are extensively used in plastic and composite moulding, manufacturing of vacuums tubes and electric lamps, to process semiconductor, coating process, air conditioning systems and in various medical application. Major application areas of vacuum pumps are automotive, energy, chemical, semiconductor, and healthcare sector. Implementation of energy storage solutions across various applications is very challenging in terms of duration of energy storage, number of charges and discharges, and so on. Vacuum technology is a common technology implemented across various energy storage applications.

Based on product, the medium vacuum pumps segment is estimated to have a lucrative growth due to the typical ultimate pressure range of its product class lies between 100 to 10-1 Pascal and is extensively used in oil & gas and chemical industries.

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By Geography, Asia Pacific is likely to have a huge demand due to the strong presence of chemical, semiconductor manufacturers and a large number of small and medium scale vacuum pump manufacturers and suppliers.

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Products Covered:
• High Vacuum Pumps
• Low Vacuum Pumps
• Medium Vacuum Pumps

Types Covered:
• Liquid Ring Vacuum Pumps
• Rotary Vane Vacuum Pumps
• Steam Jet Ejectors
• Turbo Molecular Vacuum Pumps

Technologies Covered:
• Gas Capture/Binding Pumps
• Gas Transfer Pumps

Lubrications Covered:
• Dry Vacuum Pumps
• Wet Vacuum Pumps

Applications Covered:
• Chemical Processing
• Industrial and Manufacturing
• Other Applications

End Users Covered:
• Chemical & Pharmaceutical
• Energy & Power
• Food & Beverages
• Oil & Gas
• Semiconductor & Electronics
• Wood, Paper & Pulp
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com

Source URL: https://marketersmedia.com/global-vacuum-pumps-market-is-expected-to-reach-817-billion-by-2027-growing-at-a-cagr-of-75-during-2018-to-2027/88926615

Source: MarketersMedia

Release ID: 88926615

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