Meticulous Research® has unveiled its 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 anticipated 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. The market’s expansion is supported by increased adoption in mining, growing significance in chemical manufacturing, and advancements in the automotive sector. Nevertheless, high power consumption poses a challenge.

The report highlights growth opportunities in seawater desalination and photovoltaic manufacturing. However, improper installation of vacuum pumps remains a key 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: Encompasses rotary vane, dry, liquid ring, screw, and claw vacuum pumps. The rotary vane segment is projected to hold the largest market share due to its efficiency and versatility.
• By Lubrication: Differentiates between oil-sealed and dry vacuum pumps. The oil-sealed segment is expected to dominate due to its proven reliability and performance across various applications.
• By Pressure: Includes low, medium, and high-pressure vacuum pumps. The high-pressure segment is forecasted to grow significantly due to its critical role in specialized industrial applications.
• By End-use Industry: Mining, chemicals, automotive, and others. The mining sector is anticipated to capture the largest share, driven by increasing 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 expected to exhibit the highest growth rate due to rapid industrial development.

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Leading Market Players

• Atlas Copco AB : Based in Nacka, Sweden, Atlas Copco is a major player in industrial solutions, including vacuum pumps. The company’s acquisition of Leybold GmbH has strengthened its market position.
• EBARA CORPORATION : Tokyo, Japan-based EBARA CORPORATION provides a variety of pumps and systems, including dry vacuum pumps essential for semiconductor and display manufacturing.
• Flowserve Corporation : Texas, U.S.-based Flowserve offers flow control systems, including pumps and seals used in industries such as oil and gas and power generation.
• Graham Corporation : Located in Delaware, U.S., Graham Corporation specializes in vacuum and heat transfer technologies, with a strong presence in the vacuum equipment segment.
• ULVAC, Inc. : Kanagawa Prefecture, Japan-based ULVAC manufactures vacuum equipment and components for sectors such as semiconductors and pharmaceuticals.
• Ingersoll Rand Inc. : North Carolina, U.S.-based Ingersoll Rand produces a range of air and gas compression products and enhanced its market position 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 in various industrial sectors.
• Shimadzu Corporation : Kyoto, Japan-based Shimadzu develops and manufactures analytical instruments and vacuum equipment for diverse applications in healthcare and industrial manufacturing.
• Gebr. Becker GmbH : Wuppertal, Germany-based Gebr. Becker is a leading manufacturer of vacuum pumps, compressors, and regenerative blowers.

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