Demand For Vacuum Pumps Market To Record Heightened Growth During The Period 2027

(MENAFN- Ameliorate Digital Consultancy)

Vacuum pumps are rapidly becoming an essential component for the removal of air molecules and other gases from vacuum chambers for myriad industrial applications. In the electronic gadgets manufacturing industry, this pump has been leveraged to ensure absolute precision, integrability, as well as low pulsation and vibration in manufacturing and processing.

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The escalating sales of laptops and other consumer electronics in the wake of the COVID-19 pandemic is among the prominent reasons stimulating vacuum pumps market development in recent years. For example, Apple registered sales of $90 billion in the first 3 months of 2021, owing to the robust laptop and iPhone demand amid the lockdown.

In addition, the newer models of refrigeration and other industrial systems have become more sensitive to moisture. As a result, several companies are making strategic strides to facilitate the production of efficient moisture and air vacuum pumps and address the diverse needs of consumers.

Listed below are four strategic initiatives driving vacuum pumps production for varied applications:

Fieldpiece's launch of portable, lightweight vacuum pumps for HVACR professionals

As the world continues to grapple with the coronavirus impacts, commercial HVAC installations have been on the rise. These commercial systems can help filter and purify indoor air, proliferating the need and production of quality HVAC vacuum pumps and systems.

In keeping with this trend, Fieldpiece Instruments unveiled its portable, lightweight, and small vacuum pumps in May 2021, which allow time-saving and fast evacuation. This new generation pump was designed to simplify HVACR management, giving HVACR professionals the ability to choose the best-suited model, depending on the pump features and system preferences.

Edwards' rollout of nXRi pump range for lab applications

To bring real performance improvements as well as cost benefits, leading developers in vacuum pumps industry have been bringing about a revolution with the introduction of dry vacuum pumps for various laboratory applications.

For instance, in April 2021, Edwards launched its high-performance compact dry vacuum pump range, nXRi, with zero maintenance and low input power. This solution was manufactured for the lab environment and has a 40% smaller footprint as compared to other dry pumps, making it ideal for mass spectrometers, helium detectors, and electron microscopes.

Leybold's introduction of NOVADRY series for food and packaging processes

The focus of consumers and manufacturers on the shelf life, quality, and resource efficiency of food and packaging processes has been constantly increasing. This persistent focus could boost the popularity of vacuum pump solutions, since the vacuum is considered an enabling technology that can optimize these processes.

In line with this, Leybold unveiled its air-cooled, 100% oil-free NOVADRY vacuum pump series in June 2021. This new product series was designed to ensure greater efficiency and safety in food and packaging applications, thus playing a key role in vacuum pumps market development in recent years.

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Pfeiffer's Roots vacuum pump launch to address customer-specific requirements

Over the years, the manufacture of industrial vacuum pumps with energy-efficient drives has gained rapid momentum to ensure a long service life and high operational reliability in several research and development and industrial applications, including coating.

Citing an instance, in April 2022, Pfeiffer Vacuum introduced its compact Roots vacuum pumps from the HiLobe series to boost the evacuation of large chambers in various applications like electron beam welding and vacuum furnaces. Developments like the launch of such pumps with individual speed control could contribute to the rising popularity of the vacuum pumps industry, given their adaptability to various customer-specific requirements.

Table of Contents of the Report (TOC):

Chapter 1 Methodology and Scope

1.1 Methodology

1.2 Market definition

1.3 Market estimation & forecast parameters

1.3.1 Base estimation & working

1.3.1.1 North America

1.3.1.2 Europe

1.3.1.3 APAC

1.3.1.4 LATAM

1.3.1.5 MEA

1.4 Data sources

1.4.1 Primary

1.4.2 Secondary

1.4.2.1 Paid

1.4.2.2 Unpaid

Chapter 2 Executive Summary

2.1 Pumps industry 360° synopsis, 2017 – 2027

2.1.1 Business trends

2.1.2 Type trends

2.1.3 Position trends

2.1.4 Driving force trends

2.1.5 Technology trends

2.1.6 Application trends

2.1.7 Regional trends

Chapter 3 Pumps Industry Insights

3.1 Industry segmentation

3.2 Industry size and forecast, 2017 – 2027

3.2.1 Covid-19 impact on Industry size

3.3 Industry ecosystem analysis

3.3.1 Vendor Matrix

3.3.2 Distribution Channel Analysis

3.3.2.1 Covid-19 impact on value chain

3.3.3 Profit margin analysis

3.3.4 Value addition analysis

3.3.5 Raw material analysis

3.3.5.1 Covid-19 impact on raw material supply

3.4 Industry impact forces

3.4.1 Growth drivers

3.4.1.1 Growing global oil & gas industry

3.4.1.2 Rising construction activities in Asia Pacific

3.4.1.3 Increasing demand of water treatment facilities

3.4.1.4 Rising product application in pharma industry

3.4.1.5 Strong growth in chemical industry

3.4.2 Industry pitfalls & challenges

3.4.2.1 High maintenance and operational cost

3.4.2.2 Failure of submersible motor

3.5 Regulatory landscape

3.5.1 North America

3.5.2 Europe

3.5.3 APAC

3.6 Growth potential analysis

3.7 Regional price trends

3.7.1 Covid-19 impact on price trends

3.7.2 Cost structure analysis

3.7.2.1 R&D cost

3.7.2.2 Manufacturing & equipment cost

3.7.2.3 Raw material cost

3.7.2.4 Distribution cost

3.7.2.5 Operating cost

3.7.2.6 Miscellaneous cost

3.8 Competitive landscape, 2020

3.8.1 Company market share analysis, 2020

3.8.2 Strategic dashboard

3.9 Porter's analysis

3.10 PESTEL analysis

3.11 COVID-19 impact on pumps market by end user

3.11.1 Mining

3.11.2 Building & construction

3.11.3 Oil & Gas

3.11.4 General industries

3.11.5 Water & wastewater treatment

3.11.6 Chemicals

3.11.7 Power generation

3.11.8 Others

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