The global vacuum pumps market is expected to reach US$ 1,415 Mn, expanding at a CAGR of 7% from 2022 to 2032, concludes a recently revamped Fact.MR study. Extensive applications such as conveying, assembly line cleaning, drying, evacuation, suction, and others related to the electronics and semiconductor industry are offering beneficial opportunities for vacuum pump manufacturers around the world.
From 2017 to 2021, the industry expanded at a CAGR of 5.2%. As the COVID-19 pandemic raged, prospects dipped significantly, as mandatory lockdowns led to shutdowns in the industrial manufacturing domain. Enforcement of social distancing measures led to a contraction of the manufacturing capacities of various industries, leading to a fall in demand. However, prospects began to elevate since 2021, as these restriction began to be lifted.
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Key Market Segments Covered in the Vacuum Pumps Industry Report
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By Pump Type
- Positive Displacement Vacuum Pumps
- Liquid Ring Vacuum Pumps
- Rotary Screw Pumps
- Rotary Root Pumps
- Dry Vacuum Pumps
- Dry Screw Vacuum Pumps
- Dry Scroll Vacuum Pumps
- Dry Diaphragm Vacuum Pumps
- Dry Clan & Hook Pumps
- Others
- Centrifugal Vacuum Pumps
- Momentum Transfer Vacuum Pumps
- Rotary Vane Vacuum Pumps
- Turbo Molecular Vacuum Pumps
- Regenerative Application Vacuum Pumps
- Positive Displacement Vacuum Pumps
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By Lubrication
- Dry Vacuum Pumps
- Wet Vacuum Pumps
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By Application
- Vacuum Pumps for Assembly
- Vacuum Pumps for Conveying
- Vacuum Pumps for Dehydration/Drying
- Vacuum Pumps for Engine Testing
- Vacuum Pumps for Evaporation & Distillation
- Vacuum Pumps for Filling
- Vacuum Pumps for Holding/Chucking
- Vacuum Pumps for Manufacturing
- Vacuum Pumps for Material Handling
- Vacuum Pumps for Thermoforming
- Vacuum Pumps for Other Applications
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By Mechanism
- Gas Transfer Vacuum Pump
- Gas Binding Vacuum Pump
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By Pressure
- Rough Vacuum Pumps (10.3 mbar-1 mbar)
- Medium Vacuum (Pumps 1 mbar-10-3 mbar)
- High Vacuum Pumps (10-3mbar-10-7 mbar)
- Ultra-High Vacuum Pumps (10-7 mbar-10-12 mbar)
- Extreme High Vacuum Pumps (less than 10-12 mbar)
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By Flow
- Vacuum Pumps Upto 85 ACFM
- Vacuum Pumps Upto 150 ACFM
- Vacuum Pumps Upto 550 ACFM
- Vacuum Pumps Upto 1500 ACFM
- Vacuum Pumps Upto 4500 ACFM
- Vacuum Pumps Upto 8500 ACFM
- Vacuum Pumps Upto 15000 ACFM
- Vacuum Pumps Upto 17000 ACFM
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By End Use Vertical
- Vacuum Pumps for Aerospace & Defense
- Vacuum Pumps for Automotive
- Vacuum Pumps for Chemical & Petrochemical
- Vacuum Pumps for Electronics & Semiconductors
- Vacuum Pumps for Food & Beverage
- Vacuum Pumps for Healthcare & Pharmaceuticals
- Vacuum Pumps for Mining & Construction
- Vacuum Pumps for Oil & Gas
- Vacuum Pumps for Packing
- Vacuum Pumps for Power Generation
- Vacuum Pumps for Other End User Verticals
Competitive Landscape
The market is moderately fragmented in terms of the supply pie. Key players such as Atlas Copco, Gardner Denver, and Edwards (Atlas Copco) hold a majority of the market share and are key price controllers in the vacuum pump landscape.
- In January 2022, Atlas Copco completed the acquisition of HHV Pumps Pvt. Ltd. The manufacturer specializes in the design and fabrication of vacuum pumps and systems used in a variety of industrial applications.
- In August 2021, EDS introduced a new benchmark in the dry screw vacuum pump market. Designed for the most difficult chemical and industrial installations. With contaminant handling capabilities that are second-to-none even in harsh chemical and industrial environments, the EDS range is available in both air and water-cooled versions. A combination of simplicity, ease of maintenance, and high speed make the EDS range the perfect solution for harsh industrial and chemical applications.