A vacuum pump is a device that removes gas molecules from a sealed volume so as to leave behind a partial vacuum. The different pressure range includes the rough vacuum, process vacuum, industrial vacuum, semiconductor process vacuum, thin-film deposition (non-Semiconductor), instrumentation manufacturer’s pressure range, and vacuum pressure for R&D activities. Furthermore, vacuum pumps are majorly used in various sectors such as oil and gas, industrial and manufacturing, power, chemical processing, semiconductor, and electronics.
The MEA Vacuum Pumps market was valued for US$ 404.9 Mn in 2021.
Market Dynamics
Automotive companies are increasingly focused on manufacturing fuel-efficient vehicles. Vacuum pumps are used in hybrid vehicles, which saves a significant amount of energy thereby making them fuel-efficient. Automotive electric vacuum pumps can monitor vacuum changes within the booster. Therefore, these factors are expected to drive growth of the MEA vacuum pumps market during the forecast period. MEA region has suffered a slowdown in the manufacturing and industrial sectors due to the MEA recession in 2008. It affected the overall economy of countries in the MEA region, especially in GCC countries. This led to the stalling of large projects including infrastructure development, setting up free zone, and industrial parks for the manufacturing sector.
Key features of the study:
- This report provides an in-depth analysis of the MEA Vacuum Pumps Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the MEA Vacuum Pumps Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered in the MEA Vacuum Pumps Market includes Gardner Denver, Inc., Sterling SIHI GmbH, Pfeiffer Vacuum GmbH, Ebara Corporation, ULVAC, Inc., Dekker Vacuum Technologies, Inc., Oerlikon Leybold Vacuum GmbH, Graham Corporation, Atlas Copco AB, and Tuthill Corporation.
- These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The MEA Vacuum Pumps market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the MEA Vacuum Pumps Market
Detailed Segmentation
- MEA Vacuum Pumps Market, By Application Range:
- Low Vacuum Pressure
- Medium Vacuum Pressure
- High and Ultra-high Vacuum Pressure
- MEA Vacuum Pumps Market, By Types:
- Entrapment Pumps
- Adsorption Pump
- Getter Pump
- Cyropump
- Condenser Pump
- Gas Transfer Pumps
- Positive Displacement Pumps
- Kinetic Vacuum Pumps
- MEA Vacuum Pumps Market, By End-use Application:
- Oil & Gas
- Industrial and Manufacturing
- Power
- Chemical Processing
- Semiconductor and Electronics
- Others (Pharmaceutical, Aviation)
- MEA Vacuum Pumps Market, By Region:
- Company Profiles
- Gardner Denver, Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Sterling SIHI GmbH
- Pfeiffer Vacuum GmbH
- Ebara Corporation
- ULVAC, Inc.
- Dekker Vacuum Technologies, Inc.
- Oerlikon Leybold Vacuum GmbH
- Graham Corporation
- Atlas Copco AB
- Tuthill Corporation.
