Industrial Vacuum Pump Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Industrial Vacuum Pump Market was valued at USD 7.2 billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2032. This growth is driven by the critical applications of vacuum pumps across various industries. In the semiconductor and electronics sector, vacuum pumps are essential for processes like coating, etching, and lithography, which are necessary for producing high-precision components. The U.S. Bureau of Labor Statistics reports a 5% annual growth rate in the semiconductor industry, highlighting the increasing demand for vacuum pumps. These pumps are also crucial in the chemical and pharmaceutical sectors for processes, such as distillation, drying, and crystallization for ensuring product purity and effectiveness.

The industrial vacuum pump industry is also rapidly evolving, with a focus on better efficiency and advanced technology. Modern vacuum pumps now incorporate IoT and Industry 4.0 features, enabling predictive maintenance and real-time performance monitoring. This technology enhances automation and control systems, leading to improved process control, higher efficiency, and reduced human intervention.

The overall industry is segmented into type, pressure range, size, end-use industry, distribution channel, and region.

Based on type, the oil rotary pump segment was valued at over USD 2.4 billion in 2023 and is expected to grow at a CAGR of 4.8% from 2024 to 2032. Oil rotary pumps are popular in industries like manufacturing, chemical processing, and pharmaceuticals due to their efficiency, durability, and ability to handle different vacuum levels. According to the U.S. Department of Energy, these pumps can achieve efficiencies of up to 90%.

In terms of pressure range, the medium vacuum (10^2 -10^-1 Pa) segment dominated the market with a 61.1% share in 2023 and is expected to grow at a CAGR of 5.2% through 2032. This dominance is attributed to its broad applicability across various sectors, including electronics, pharmaceuticals, and chemical processing, where precise and reliable vacuum conditions are essential.

Asia Pacific industrial vacuum pump market was valued at USD 2.7 billion in 2023 and is expected to reach USD 4.3 billion by 2032. Rapid industrialization, expanding manufacturing, and substantial investments in electronics, pharmaceuticals, and chemicals in countries like China, Japan, and India are fueling this growth. For instance, the World Bank reported a 6.9% growth in China's manufacturing sector in 2023.

Product Code: 10607

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2018 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
3.2 Impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increasing demand in semiconductor and electronics industry
  - 3.2.1.2 Expansion in chemical and pharmaceutical industries
  - 3.2.1.3 Rising adoption in food and beverage industry
  - 3.2.1.4 Growth in manufacturing and industrial processes
- 3.2.2 Industry pitfalls and challenges
  - 3.2.2.1 High initial Investment and maintenance costs
  - 3.2.2.2 Complexity and technical challenges
3.3 Technology and innovation landscape
3.4 Consumer buying behavior analysis
- 3.4.1 Demographic trends
- 3.4.2 Factors affecting buying decision
- 3.4.3 Consumer product adoption
- 3.4.4 Preferred distribution channel
3.5 Growth potential analysis
3.6 Regulatory landscape
3.7 Pricing analysis
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Type, 2021 - 2032, (USD Billion) (Million Units)

5.1 Key trends
5.2 Liquid ring vacuum pump
5.3 Oil rotary pump
5.4 Roots pump
5.5 Dry vacuum pump
5.6 Multi-stage roots vacuum pump
- 5.6.1 Dry screw vacuum pump
- 5.6.2 Dry scroll vacuum pump
- 5.6.3 Dry diaphragm vacuum pump
- 5.6.4 Dry rotary vane vacuum pump
- 5.6.5 Dry rocking piston vacuum pump
- 5.6.6 Dry rotary crow vacuum pump
- 5.6.7 Dry turbo vacuum pump

Chapter 6 Market Estimates and Forecast, By Pressure Range, 2021 - 2032, (USD Billion) (Million Units)

6.1 Key trends
6.2 Low vacuum (10^5-10^2 Pa)
6.3 Medium vacuum (10^2 -10^-1 Pa)

Chapter 7 Market Estimates and Forecast, By Size, 2021 - 2032, (USD Billion) (Million Units)

7.1 Key trends
7.2 Small (< 10 m3/h)
7.3 Medium (10-100 m3/h)
7.4 Large (> 100 m3/h)

Chapter 8 Market Estimates and Forecast, By End-use Industry, 2021 - 2032, (USD Billion) (Million Units)

8.1 Key trends
8.2 Semiconductor
8.3 Water and wastewater treatment
8.4 Chemicals and petrochemicals
8.5 Mining
8.6 Food and beverages
8.7 Construction
8.8 Oil and gas
8.9 Pharmaceutical
8.10 Others (agricultural, textile, etc.)

Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2021 - 2032, (USD Billion) (Million Units)

9.1 Key trends
9.2 Direct sales
9.3 Indirect sales

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032, (USD Billion) (Million Units)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Malaysia
- 10.4.7 Indonesia
- 10.4.8 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 South Africa
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

11.1 Agilent Technologies
11.2 Atlas Copco AB (Edwards)
11.3 Becker Pumps Corporation
11.4 Busch Vacuum Solutions
11.5 Ebara Corporation
11.6 Flowserve Corporation
11.7 Gardner Denver
11.8 Global Vac
11.9 Graham Corporation
11.10 Ingersoll Rand Inc.
11.11 Pfeiffer Vacuum GmbH
11.12 Tsurumi Manufacturing Co. Ltd
11.13 ULVAC Inc.
11.14 Wintek Corporation