What is Turbomolecular Pumps - Global Market?
Turbomolecular pumps, a vital component in the global market, are high vacuum pumps that operate on the principle of rapid mechanical momentum transfer from rotating blades to gas molecules. These pumps are widely used in various industries due to their high pumping speed and ability to achieve ultra-high vacuum. The global market for turbomolecular pumps was valued at US$ 1124.7 million in 2022 and is expected to reach US$ 1405.8 million by 2029, growing at a compound annual growth rate (CAGR) of 3.2% from 2023 to 2029.
Magnetically Suspended Type, Oil Lubricated Type, Others in the Turbomolecular Pumps - Global Market:
The global turbomolecular pumps market is segmented into magnetically suspended type, oil lubricated type, and others. Magnetically suspended type turbomolecular pumps are highly efficient and reliable, offering long service life and low vibration. They are widely used in semiconductor manufacturing, surface science, and other high vacuum applications. On the other hand, oil lubricated type turbomolecular pumps are cost-effective and offer high pumping speed. They are commonly used in research and development, industrial vacuum processing, and analytical instrumentation. The 'others' segment includes various other types of turbomolecular pumps that are used in specific applications.
Industrial Vacuum Processing, Nanotechnology Instruments, Analytical Instrumentation, Others in the Turbomolecular Pumps - Global Market:
Turbomolecular pumps find extensive usage in various areas such as industrial vacuum processing, nanotechnology instruments, analytical instrumentation, and others. In industrial vacuum processing, these pumps are used to create a high vacuum environment for various processes such as vacuum coating, vacuum metallurgy, and vacuum drying. In nanotechnology instruments, turbomolecular pumps are used to maintain a high vacuum environment for the operation of instruments such as scanning electron microscopes and transmission electron microscopes. In analytical instrumentation, these pumps are used in mass spectrometers, electron microscopes, and other instruments that require a high vacuum environment for accurate analysis. The 'others' segment includes various other applications of turbomolecular pumps in areas such as research and development, semiconductor manufacturing, and surface science.
Turbomolecular Pumps - Global Market Outlook:
The global turbomolecular pumps market is dominated by Europe, which holds a market share of about 25%. This is followed by North America and China. The top five manufacturers in the global turbomolecular pumps market are Edwards, Pfeiffer, Shimadzu Corporation, Ebara Technologies, and Agilent Turbomolecular. These manufacturers collectively hold a market share of about 55%. The global turbomolecular pumps market is characterized by intense competition among these key players, who are constantly striving to enhance their product offerings and expand their global footprint.
Report Metric | Details |
Report Name | Turbomolecular Pumps - Market |
Forecasted market size in 2029 | US$ 1405.8 million |
CAGR | 3.2% |
Forecasted years | 2023 - 2029 |
Global Turbomolecular Pumps market, by region: |
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Global Turbomolecular Pumps market, Segment by Type: |
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Global Turbomolecular Pumps market, by Application |
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Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |