Meticulous Research® has introduced its new report titled ‘Vacuum Pumps Market by Type (Rotary Vane, Dry, Liquid Ring, Screw, Claw), Lubrication (Oil-sealed, Dry), Pressure (Low, Medium, High), End-use Industry (Mining, Chemicals, Automotive, Others), and Geography - Global Forecast to 2030’.

The vacuum pumps market is set to grow from USD 5.51 billion in 2023 to USD 7.57 billion by 2030, achieving a CAGR of 4.6% during the forecast period. This growth is driven by the increasing utilization of vacuum pumps in mining, their growing role in the chemical sector, and technological advancements in automotive applications. However, the challenge of high power consumption may impact market growth.

Opportunities in seawater desalination and photovoltaic manufacturing are expected to drive future growth, though improper installation of vacuum pumps poses a challenge.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/vacuum-pumps-market-5500

Market Segmentation

• By Type: Includes rotary vane, dry, liquid ring, screw, and claw vacuum pumps. Rotary vane vacuum pumps are projected to hold the largest market share due to their efficiency and versatility.
• By Lubrication: Differentiates between oil-sealed and dry vacuum pumps. The oil-sealed segment is forecasted to dominate due to its reliability and effectiveness.
• By Pressure: Low, medium, and high-pressure vacuum pumps. The high-pressure segment is expected to grow significantly due to its role in specialized industrial applications.
• By End-use Industry: Mining, chemicals, automotive, and others. The mining sector is projected to capture the largest market share, driven by the demand for advanced vacuum technologies.
• By Geography: The market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region is anticipated to experience the highest growth rate, driven by industrial expansion.

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Leading Companies

• Atlas Copco AB: Located in Nacka, Sweden, Atlas Copco provides diverse industrial solutions, including vacuum pumps. Their acquisition of Leybold GmbH in 2016 has enhanced their market position.
• EBARA CORPORATION: Tokyo, Japan-based EBARA CORPORATION manufactures various pumps and systems, including dry vacuum pumps crucial for semiconductor and display technologies.
• Flowserve Corporation: Texas, U.S.-based Flowserve specializes in flow control systems, including pumps and seals for industries such as oil and gas and power generation.
• Graham Corporation: Delaware, U.S.-based Graham Corporation focuses on vacuum and heat transfer technologies, with a significant presence in the vacuum equipment sector.
• ULVAC, Inc.: Kanagawa Prefecture, Japan-based ULVAC produces vacuum equipment and components for sectors such as semiconductors and pharmaceuticals.
• Ingersoll Rand Inc.: North Carolina, U.S.-based Ingersoll Rand manufactures air and gas compression products and expanded its market capabilities through a merger with Gardner Denver Holdings.
• Pfeiffer Vacuum Technology AG: Asslar, Germany-based Pfeiffer Vacuum offers a broad range of vacuum technology products, including turbomolecular pumps and helium leak detectors.
• Agilent Technologies Inc.: California, U.S.-based Agilent provides laboratory equipment and services, including vacuum pumps used across different industrial applications.
• Shimadzu Corporation: Kyoto, Japan-based Shimadzu develops and manufactures analytical instruments and vacuum equipment for healthcare and industrial sectors.
• Gebr. Becker GmbH: Wuppertal, Germany-based Gebr. Becker is a leading manufacturer of vacuum pumps, compressors, and regenerative blowers.

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