What is Global Mechanical Vacuum Pumps Market?
The Global Mechanical Vacuum Pumps Market is a vast and dynamic field that encompasses a wide range of mechanical devices designed to remove gas molecules from a sealed volume, thereby creating a vacuum. These pumps are used in various industries, including manufacturing, chemical processing, semiconductor and electronics, among others. The market for these pumps is significant, with a value of US$ 6360.3 million in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2029, reaching a value of US$ 9090 million. This growth is driven by various factors, including technological advancements, increasing demand from various industries, and the need for efficient and reliable vacuum solutions. However, the market also faces several challenges, such as high maintenance costs and the need for skilled operators. Despite these challenges, the market offers numerous opportunities for growth and expansion, making it an attractive field for investors and businesses alike.
Scroll Pump, Roots Pump, Screw Pump, Claw Type Pump, Rotary Vane Pump, Others in the Global Mechanical Vacuum Pumps Market:
The Global Mechanical Vacuum Pumps Market is segmented based on the type of pump, including Scroll Pump, Roots Pump, Screw Pump, Claw Type Pump, Rotary Vane Pump, among others. Each of these pumps has its unique features and applications, making them suitable for different industries and applications. For instance, Scroll Pumps are known for their high pumping speed and low power consumption, making them ideal for applications requiring high vacuum levels. On the other hand, Roots Pumps are known for their high pumping capacity and low noise levels, making them suitable for industrial applications. Similarly, Screw Pumps are known for their robust design and high efficiency, making them ideal for applications requiring high pressure. Claw Type Pumps are known for their compact design and low maintenance, making them suitable for applications requiring low to medium vacuum levels. Lastly, Rotary Vane Pumps are known for their versatility and reliability, making them suitable for a wide range of applications.
Industrial & Manufacturing, Chemical Processing, Semiconductor & Electronics, Others in the Global Mechanical Vacuum Pumps Market:
The Global Mechanical Vacuum Pumps Market finds its application in various areas, including Industrial & Manufacturing, Chemical Processing, Semiconductor & Electronics, among others. In the Industrial & Manufacturing sector, these pumps are used for various processes, including vacuum drying, vacuum packaging, vacuum coating, among others. In the Chemical Processing sector, these pumps are used for various processes, including distillation, drying, crystallization, among others. In the Semiconductor & Electronics sector, these pumps are used for various processes, including semiconductor fabrication, electronic assembly, among others. Each of these sectors has its unique requirements and challenges, making the market for mechanical vacuum pumps diverse and dynamic.
Global Mechanical Vacuum Pumps Market Outlook:
The global Mechanical Vacuum Pumps market has shown promising growth, with a valuation of US$ 6360.3 million in 2022. The market is expected to witness a steady growth, reaching a value of US$ 9090 million by 2029. This growth is attributed to a compound annual growth rate (CAGR) of 5.9% during the forecast period of 2023-2029. The product segment that holds the largest market share is the scroll pump, accounting for over 34% of the market. On the other hand, the application segment that dominates the market is the semiconductor & electronics sector, holding over 33% of the market share. These figures indicate the significant role of scroll pumps in the market and the increasing demand for these pumps in the semiconductor & electronics sector.
Report Metric | Details |
Report Name | Mechanical Vacuum Pumps Market |
Accounted market size in 2022 | US$ 6360.3 in million |
Forecasted market size in 2029 | US$ 9090 million |
CAGR | 5.9% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Atlas Copco, Pfeiffer Vacuum, Flowserve SIHI, Ebara, Busch Vacuum, Kashiyama, ULVAC, Agilent, Gardner Denver, Osaka Vacuum, Hanbell Precise Machinery, Anest Iwata, Gast (IDEX), Labconco, Air Squared Inc, SKY Technology Development, Samson Pump, Becker Pumps, Graham, Shanghai Second Vacuum Pump Factory, Shandong Zhangqiu Blower, PPI Pumps, Xiamen East Asia |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |