According to a recently published report by Fact.MR- a market research and competitive intelligence provider- demand for vacuum pumps are expected to witness significant incline in the forthcoming decade.
Amidst the COVID-19 pandemic, vacuum pumps uptake has risen significantly, as key healthcare providers and equipment manufacturers enhanced production of suction pumps for mechanical ventilators.
In this exhaustive market coverage, Fact.MR analyses key developmental trends which shaped the growth trajectory from 2016 to 2020, as well as key drivers and opportunities likely to carve the expansion path for the decade 2021-2031.
How New Product Developments and Acquisitions are Helping Manufacturers Grow?
In July 2021, Leybold introduced two new vacuum technologies based on dry screw vacuum pumps: the DRYVAC DV 500 and DV 800. These are screw-type machines compress completely dry, which eliminates the need for a lubricant.
The increased efficiency of a screw vacuum pump is attributed to its particle and condensate compatibility, which allows it to operate with reduced operating costs.
DV 800's higher pumping speed will allow companies such as the battery manufacturing or packaging industries to maximize revenue in areas where time is money.
Likewise, in February 2021, ADVIK acquired Hanon Bangalore Operations from Hanon Systems, which specialized in vacuum pumps and water pumps. Consequently, ADVIK will expand its expertise in Vacuum Pumps and Water Pumps for the passenger car segment.
The acquisition will also help the company expand its role as a supplier of pumps to global automobile OEMs As a result of the acquisition, ADVIK Hi-Tech has increased its international manufacturing and R&D capabilities in the powertrain systems market.
It also offers global vehicle manufacturers a comprehensive range of pumps including oil pumps, water pumps, and vacuum pumps. A substantial increase in business volume and a wider customer base is expected from this acquisition over the next five years.
With this acquisition, the firm can establish a manufacturing set-up for pumps and a customer base that makes them more confident to invest in innovation and go-to-market capabilities.
Know More Details About the Report
Vacuum pumps are mechanical devices generating a vacuum into a closed or sealed chamber. They do so by sucking out air molecules to the open atmosphere.
The primary application of vacuum pumps is in vacuum cleaners. However, in recent years, its scope has broadened to include a broad spectrum of applications. These include ventilators, industrial suction devices and water pumps.
Due to its numerous advantages, vacuum pumps are deployed for various industrial applications, including automotive, aerospace, and industrial manufacturing.
Simultaneously, electronics and semiconductors, packaging, oil and gas, and chemical and petrochemical industries are making extensive use of vacuum pumps.
The foremost objective of this report is to pitch insights on the market scenario, demand generators, and technological advancements in this space. The report further proceeds with a market taxonomy, elaborating on the key segments.
Also, the report outlines visionary insights on the dynamics of the global market, including the drivers, restraints, opportunities, and trends, and pricing analysis along with key success factors of vacuum pumps. It also details what impact the COVID-19 pandemic is having on the demand for vacuum pumps across the world.
How do Historical Trends and Future Outlook of Vacuum Pumps Compare?
Demand for vacuum pump expanded at a moderate CAGR of 4.1% in terms of value from 2016 to 2020.
Due to numerous benefits such as evaporation, drying, filling, conveying, assembly, material handling, and many more, vacuum pumps have gained traction in recent years.
The industrial manufacturing segment will continue to account for the largest market share of more than 10% in terms of value.
The electronics & semiconductors industry is the most potential segment, expected to progress at a CAGR of over 7% from 2021 to 2031.
In addition to manufacturing, electronics, semiconductors, chemicals, petrochemicals, packaging, oil and gas, mining, healthcare and pharmaceuticals, the global packaging industry also includes the agriculture and food processing sectors.
The steady growth of these sectors has raised the demand for vacuum pumps substantially, with the market projected to expand at a healthy CAGR of over 6% through 2031.
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Will Semiconductors and Healthcare & Pharmaceutical Industries emerge as Frontrunners of Vacuum Pumps Demand?
Use of vacuum pumps is essential in the semiconductor industry to establish a highly-controlled environment with the complete absence of dust.
Growth of the semiconductor and electronics industry has been prominent with their wide use in solar panels, and 4G and 5G network testing.
Furthermore, central vacuum systems that comprise vacuum pumps create suction during surgeries, and saw a surge in demand due to the advent of COVID-19; this indicated the rise of vacuum pump usage in the medical and healthcare industry.
During the pandemic, companies such as Gardner Denver Inc., Becker Pumps, KNF Neuberger, and Busch Vacuum facilitated continuous supply of vacuum systems to the worst affected city Wuhan in China.
How is the Food & Beverage Industry Spurring Growth?
According to the Food and Drug Administration, human drugs and biologics must be packaged under stringent regulations of Container Closure Integrity Testing, as sensitive drugs require prevention from air and contamination.
Hence, vacuum pumps are deployed for ensuring the aseptic packaging of food items and beverages. The MAP process allows removal of air, particularly oxygen, to create a vacuum to prevent oxidation.
Rising demand for packaged food & beverages, along with stringent regulations enforced by governments with respect to food packaging, is driving requirement for vacuum pumps.
Rising number of working professionals, especially women, and rapid urbanization, are also key factors leading to the growth of the food & beverage industry, thereby increasing the need for vacuum pumps simultaneously.
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What are the Key Challenges faced by Vacuum Pump Manufacturers?
A major challenge faced by vacuum pump manufacturers is the presence of domestic manufacturers. These manufacturers supply high-quality vacuum pumps that are technically-advanced, but at lower prices.
Moreover, a dearth of talented professionals to operate vacuum pump equipped equipment is further impeding sales, as several manufacturers seek to employ inexpensive labor.
Absence of skilled individuals helps in the rise of local manufacturers in target markets, depleting the market opportunities for key players.
Moreover, compliance with legal requirements is mandatory. These procedures are often lengthy, which delays the launch of a new product or service into the market.
For instance, food & beverage manufacturers are enforced to perform Container Closure Integrity Testing while packaging with the help of vacuum pumps.
Furthermore, they also need to be compliant to ISO 22000, which ensures food safety and quality control of food & beverages during the vacuum packaging.
Any manufacturer failing to do so can be subject to both legal and customers’ obligations.
Furthermore, with the advent of COVID-19, shutdowns and lockdowns imposed across almost all regions limited the procurement of raw materials and led to dearth of manpower.
Following stringent social distancing norms resulted in the slowdown of trade activities, disrupted the supply chain, and led to uncertainty in global economies, which restrained the growth of the vacuum pump sector.
How has COVID-19 impacted the global vacuum pump market?
In the initial months of the COVID-19 pandemic, significant crunches were experienced in the global vacuum pump industry, as the ever widening demand to equip ventilators could not match with existing inventory due to constraints in logistics.
However, in forthcoming months, this disequilibrium dissipated, allowing for the demand-supply gap to be filled. Several end-use industries generated exponential demand, including the healthcare and food & beverage domains.
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What’s keeping the U.S. Market at the Forefront?
How is Innovation Playing a Key Role in Germany for Vacuum Pumps?
Germany, being Europe’s largest market for vacuum pumps, followed by the U.K., is highly lucrative for manufacturers.
Steady growth of healthcare and pharmaceutical, industrial manufacturing, electronics and semiconductors, and other industries, coupled with rise in investments in technical innovation, is aiding growth in innovation.
The market in Germany expanded at a CAGR of around 4.5% over the past five years.
It will continue to grow at a significant rate over the forecast period as well, owing to innovations in vacuum pumps, which is popularizing their use.
Integration of smart sensors in vacuum pumps allows the recording and saving of operating data.
These pumps will be deployed in industries where high level of accuracy is required, such as pharmaceuticals and healthcare.
Why is China an Emerging Market for Vacuum Pump Manufacturers?
China has emerged as another lucrative market for vacuum pumps. Rising demand from vacuum pump applications areas such as industrial manufacturing, electronics & semiconductors, healthcare & pharmaceuticals, and other sectors is fuelling consumption in the country.
Constant 5G testing and usage of 5G has fuelled growth of the electronics and semiconductor industry. China is on the verge of becoming a leader in the electronics and semiconductor industry.
Hence, value demand for vacuum pumps is expected to increase at a CAGR of more than 6% over the next ten years, in the country.
The U.S. is a rapidly evolving market for vacuum pump manufacturers, and will attain a prominent market share of over 86% in terms of value in 2020, in North America.
Rapidly evolving industrial manufacturing, electronics and semiconductor, oil and gas, chemical and petrochemical, and other industries, and increase in business investments, are propelling growth in this country.
What’s Exhilarating Regenerative Vacuum Pump Propulsion in the Long Haul?
Upturning of wastewater treatment for the conservation of water brought forth the utilization of vacuum pumps that operated for longer hours without maintenance.
Regenerative vacuum pumps serve at high CFM capacities, and provide moderate vacuum conditions suitable for pharmaceutical, pulp & paper, plastic, and printing industries.
Accretion of packaging industries has necessitated contact-less operations ensuring the safety and hygiene of food & beverages and pills.
Regenerative vacuum pumps transmit quiet, point of use application, and are dust-tolerant and highly efficient, which perks up their acclamation in explicit end-use industries.
Why are Chemical & Petrochemical Industries Generating High Demand?
Chemical & petrochemical industries operate to extract and capture light hydrocarbons that disperse from crude oil, and prevent thermal degradation along with discolouration of the product.
This unambiguous application solely requires mediation of vacuum distillation carried out by vacuum pumps.
An upsurge in general manufacturing, chemical & petrochemical, and pharmaceutical facilities soared the efficacy of vacuum pumps for evaporation and distillation functions.
Moreover, vacuum distillation lowers operating costs that occur while thermal derogation of solvents, and inhibits hydrocarbon chain breakage. Thus, vacuum pumps illustrate a vital prospect in these specific sectors.
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.
Market size value in 2020
USD 640 Million
Market forecast value in 2030
USD 1.2 Billion
CAGR of 6% from 2021 to 2031
Historical Data Available for
|U$$Mn for value & 000 units for volume|
Key Regions Covered
Key Countries Covered
Key Market Segments Covered
Key Companies Profiled
|Customization & Pricing||
Available upon Request
Key Market Segments
- Positive Displacement
- 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
- Centrifugal Pumps
- Momentum Transfer
- Rotary Vane Vacuum Pumps
- Turbo Molecular Vacuum Pumps
- Regenerative Application
- Positive Displacement
- Engine Testing
- Evaporation & Distillation
- Material Handling
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
Vacuum Pump – Report Scope
A recent study by Fact.MR on the market offers a 10-year forecast for 2020 to 2030.
The study analyzes crucial trends that are currently determining the growth of the market.
This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of vacuum pumps.
The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period.
A detailed assessment of the value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.
A list of prominent companies operating in the market, along with their product portfolios, enhances the reliability of this comprehensive research study.
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the market across the globe.
A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of vacuum pumps during the forecast period.
Price point comparison by region with global average price is also considered in the study.
Analysis on Market Size Evaluation
The market has been analyzed for each market segment in terms of volume (‘000 units) and value (US$ Mn).
Market estimates at global and regional levels are available in terms of “US$ Mn” for value and in “000 units” for volume.
Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report.
Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report.
Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global market.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets.
These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the market during the forecast period.
Country-specific valuation on demand for vacuum pumps has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries.
For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value & volume for emerging countries has also been included in the report.
In-depth Analysis on Competitive Landscape
The report sheds light on the leading manufacturers of vacuum pumps, along with their detailed profiles.
Essential and up-to-date data related to market performers who are principally engaged in the production of vacuum pumps has been brought with the help of a detailed dashboard view.
Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio and key strategies, along with all-inclusive SWOT analysis on each player.
Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the market.
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Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
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