Global Industrial Vacuum Pumps Market Anticipated to Reach USD 28,495.2 Million by 2031

According to a recent market study published by Growth Market Reports, titled, “Global Industrial Vacuum Pumps Market by Lubrication, Type, Pressure, Stage, End-user, and Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at USD 18,136.3 Million in 2022 and is anticipated to expand at a growth rate of 5.3% by 2031.

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Industrial vacuum pumps are mechanical devices, which are designed to extract gases or liquids from tubes, containers, or any other system. They are used to reduce the interior pressure to a specific level less than atmospheric pressure. These pumps are used to remove gas molecules from a sealed space. They are used to draw in dirt, debris, and other materials as well as pick up or hold small parts or devices during the manufacturing process. They are widely used in food and beverage, chemicals, pharmaceuticals, and energy and power industries.

The industrial vacuum pumps market has been fragmented based on lubrication, type, pressure, stage, and end-user. On the basis of lubrication, the global industrial vacuum pumps market is categorized as dry and oil-lubricated. Based on type, the market is categorized into gas transfer and capture. On the basis of pressure, the industrial vacuum pumps market is categorized into low vacuum (atmosphere to 1 Torr), medium vacuum: 1 Torr to 10^-3 Torr, high vacuum: 10^-3 Torr to 10^-7 Torr, ultra-high vacuum: 10^-7 Torr to 10^-11 Torr, and extreme high vacuum: <10^-11 Torr. On the basis of stage, the market is bifurcated into single stage and multi-stage. On the basis of end-user, the market is fragmented into food & beverage, energy and power, pharmaceutical, chemical, semiconductor, oil & gas, automotive, and others. In terms of region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Key factors that are anticipated to boost the industrial vacuum pumps market during the forecast period include increasing demand for semiconductor manufacturing and rising industrialization. Industrial vacuum pumps are used to remove gas or any other particles that create a vacuum during the manufacturing process. The introduction of technologically advanced and energy-efficient vacuum pumps is fueling the market, addressing the need for sustainable solutions.

The Coronavirus disease 2019 (COVID-19) pandemic highlighted economic disparities, created global interdependence, and challenged governments. Manufacturers of industrial vacuum pumps faced high fluctuations in terms of raw materials prices and supply during the pandemic. Manufacturing units were shut down, which decreased the demand for various raw materials used to manufacture vacuum pumps. This disruption led to delays in the production and delivery of industrial vacuum pumps, thus affecting the overall market.

As per the Growth Market Reports’s industry analyst Partha Paul, industrial vacuum pump is an essential component of any vacuum system. Industrial vacuum pumps are used in many applications, such as semiconductors and electronics manufacturing, food and beverage processing, and power and energy generation. Furthermore, rising technological advancements boost the demand for smart and sustainable industrial vacuum pumps. Many manufacturing companies are constantly developing efficient industrial vacuum pumps to meet the overall growing demand.

The market in Asia Pacific is expected to expand at a significant CAGR during the forecast period. Presence of large-scale industries, such as semiconductors, electronics, and automotive, in China, India, and Japan propels the market in the region. Furthermore, increasing investments in pharmaceuticals and chemicals industries fuels the growth of industrial vacuum pumps market in this region.

A supply chain is a network between a manufacturers and suppliers to produce and distribute a specific product to the final buyers. This network includes different vendors, regulatory bodies, entities, information, and resources. Various components are used for manufacturing industrial vacuum pumps. These components are procured from raw material suppliers and stored at warehouses or manufacturing sites. Raw materials are inspected to ensure their quality.

Quality checks are performed throughout the production process by manufacturers to ensure the quality of the product. The finished products are then supplied to the distributors. Distributors store finished products in large inventories and are mediators in the supply chain. They directly obtain the products from the manufacturers and pass them midstream. End-user of industrial vacuum pumps include the manufacturers of food and beverages, semiconductors, power and energy generation, and oil and gas.

Key Takeaways from the Study:

• The key players competing in the industrial vacuum pumps market include Ingersoll Rand, Atlas Copco AB, Flowserve SIHI Germany GmbH, Busch Group, Pfeiffer Vacuum GmbH, ULVAC, Graham Corporation, Becker Pumps Corporation, EBARA Technologies, Inc., TSURUMI MANUFACTURING CO., LTD., and Dekker Vacuum Technologies, which held a significant market share in 2022.

• Based on lubrication, the industrial vacuum pumps market is categorized as dry and oil-lubricated. The dry segment is expected to hold 59.5% market share in 2031. These pumps are non-contact vacuum pumps that consist of oil-free and liquid-free sealing. These pumps do not require regular maintenance, such as replacing water or oil. They are mostly used in semiconductor manufacturing and other industries, where high cleanliness is required.

• Based on type, the industrial vacuum pumps market is categorized into gas transfer and gas capture. The gas transfer segment is expected to hold 68.8% market share in 2031. Gas transfer vacuum pumps conveys gas molecules by positive displacements or kinetic exchange. Positive displacement vacuum pumps are one of the most used pumps used in those applications where accurate dosing or high-pressure output is required. They create a low vacuum by confining and compressing a specific amount of gas or liquid at a constant rate. Furthermore, piston pumps and rotary vane vacuum pumps are some of the common types of positive displacement vacuum pumps, which are used by semiconductors, oil and gas, energy and power, chemicals, and pharmaceuticals industries.

• On the basis of pressure, the industrial vacuum pumps market is segmented into low vacuum, medium vacuum, high vacuum, ultra-high vacuum, and extreme high vacuum. Vacuum pumps remove air molecules and gases from a chamber. According to the need and application, the industrial pumps are chosen on the basis of vacuum ranges. Vacuum ranges are characterized by the measurement of the absolute pressure of the system. Removal of molecules become difficult if the pressure in the chamber is reduced. Thus, vacuum systems designed for industrial applications to operate at a very large or high-pressure range. The high vacuum segment is expected to hold a significant market share in 2031, due to the increasing demand from manufacturing industries which require efficient systems to remove impurities and provide contamination free space.

• On the basis of stage, the market is bifurcated into single stage and multi-stage. Stage in pumps refers to the number of impellers used in the pump. Single-stage pumps consist of one impeller, whereas as multistage pumps consist of at least two impellers. The single stage segment held 57.1% market share in 2022, due to its small size, simple structure, stable operation, and ease of maintenance. Furthermore, the multi-stage segment is expected to grow at a significant rate during the forecast period. This type of pump is able to produce high pressure and power with a small motor and is energy efficient.         

• On the basis of the end-user, the market is categorized into food & beverage, energy and power, pharmaceutical, chemical, semiconductor, oil & gas, automotive, among others. In the food and beverage industry, industrial vacuum pumps are used for food freeze drying systems where specific vacuum levels required. In the chemical industry, they are used for degassing and distilling. Industrial vacuum pumps allow the removal of air, which has leaked into the material during chemical process. Moreover, the semiconductor segment is expected to grow at a significant rate. Industrial vacuum pumps are used to reduce impurities to prevent any contamination during the manufacturing process, such as ion implant, deposition, and lithography.

• In terms of region, the global industrial vacuum pumps market is divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to expand at a CAGR of 5.7% during the forecast period, due to the high demand for vacuum pump from industries, such as food and beverages, semiconductors, and energy and power. Emerging economies, such as India, are focusing on industrialization and investing in such industries. North America held significant market share in 2022, due to the increasing demand for industrial vacuum pumps from the food and beverage industry where they are used for degassing or drying food. The market in Latin America and the Middle East & Africa is anticipated to expand during the forecast period, due to increasing demand for such pumps in the oil and gas industry, where they are used during the refining process.

Scope of the Industrial Vacuum Pumps Market Report:

Target Audience:

• Supply-side: Manufacturer and distributors.

• Demand Side: Manufacturers of semiconductors, food and beverage, energy and power, and others.

• Regulatory Side: Concerned government authorities, and other approval regulatory bodies.

• Associations and Industry Bodies: CISA, EPA, REACH, ECHA.