According to Future Market Insights (FMI), the global dry vacuum pumps market size reached USD 2,340.7 million in 2018. Global demand for dry vacuum pumps saw a 5.3% year-on-year growth in 2022, suggesting an expansion of the market to USD 2,698 million in 2023.
During the forecast period 2023 to 2033, the market indicates growth at ~7% CAGR. This is expected to result in a market size of USD 5,296.2 million by 2033.
The global dry vacuum pump market is driven by the growing demand for vacuum pumps in across a wide range of sectors. These include semiconductor manufacturing, pharmaceuticals, food and beverage, chemical processing, and oil and gas. These sectors require reliable and efficient vacuum pumps for applications like material handling, packaging, coating, and drying processes.
Environmental regulations regarding emissions and energy efficiency are driving the adoption of dry vacuum pumps. Dry vacuum pumps offer advantages over traditional oil-sealed pumps as they eliminate the use of oil.
Methods used in dry vacuum pumps reduce the risk of oil contamination and eliminate the need for oil disposal. This makes them more environmentally friendly and compliant with regulations.
Energy efficiency is a significant driver in the global dry vacuum pumps industry. These pumps are known for their high energy efficiency compared to oil-sealed pumps. They consume less energy during operation.
Users prefer dry vacuum pumps due to their reduced energy costs and smaller carbon footprint. As companies strive to optimize their energy consumption and reduce operating costs, the demand for energy-efficient dry vacuum pumps is increasing.
Technological advancements are driving innovation in the dry vacuum pumps industry. Manufacturers are constantly developing new designs and materials to improve the performance, reliability, and durability of dry vacuum pumps.
Consumers want devices that are advanced but also easy to operate. Some innovations include the use of advanced control systems, improved sealing mechanisms, and innovative materials that enhance pump efficiency and reduce maintenance requirements.
The semiconductor sector is a significant driver for the global dry vacuum pump market. Vacuum pumps are extensively used in semiconductor manufacturing processes, such as wafer etching, thin film deposition, and ion implantation.
Advancements in the semiconductors sector due to 5G, artificial intelligence (AI), and Internet of Things (IoT), is further fueling the demand for dry vacuum pumps.
Attributes | Key Insights |
---|---|
Global Dry Vacuum Pumps Market Size (2022A) | USD 2,554 Million |
Estimated Market Value (2023E) | USD 2,698 Million |
Projected Market Size (2033F) | USD 5,296.2 Million |
Value-based CAGR (2023 to 2033) | 7.0% |
Collective Value Share: Top 3 Regions (2023E) | 65% to 70% |
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From 2018 to 2022, the market was reported to expand at a CAGR of 4.8%. Sales are likely to expand at CAGR of 7.0% during the forecast period.
One significant trend in the dry vacuum pumps market is the increasing demand for oil-free vacuum solutions. Traditional vacuum pumps require oil for lubrication and sealing, which can contaminate the process and cause maintenance issues.
Dry vacuum pumps, which operate without oil, offer clean and eco-friendly solutions. It makes them popular across sectors such as pharmaceuticals, food processing, and electronics manufacturing.
The semiconductor and electronics manufacturing sectors continue to drive the demand for dry vacuum pumps. These sectors increasingly require high-performance vacuum solutions to maintain clean and controlled environments during the manufacturing processes.
Dry vacuum pumps, known for their high pumping speed and low maintenance requirements, are well-suited for these applications.
Energy efficiency is a significant concern in the global dry vacuum pump market. Traditional vacuum pumps can consume a significant amount of energy, resulting in high operational costs.
Manufacturers are now developing energy-efficient global dry vacuum pumps that reduce power consumption without compromising performance. This trend is driven by the need for sustainability and cost reduction across diverse sectors.
Manufacturers are incorporating sensors, controls, and connectivity features into their vacuum pump systems. This has allowed for real-time monitoring, remote operation, and predictive maintenance. These advancements enable improved performance optimization, reduced downtime, and enhanced overall efficiency.
The industrial internet of things (IIoT) is a technological innovation that helps in analyzing objects and their status in digital data formats to enable easy control over operations. In modern electromechanical devices, product failures occur with unexpectedly small variables due to the miniaturization of processes.
Managing the condition of each part is an effective way to avoid unexpected failures. Industrial Internet of Things (IIoT) technology can continuously monitor the performance of parts that affect process outcomes. This makes it possible to save time in scheduled equipment maintenance without compromising production efficiency.
The only parts of an air vacuum pump that require oil are the bearings and the gearbox, which are essential for its speed control. Recent advancements in nanotechnology and lubricant materials are increasing the maintenance overhaul of dry vacuum pumps, making them more production-efficient.
Another trend in global dry vacuum pumps m market is the energy efficiency. Global dry vacuum pumps provide energy efficient solutions and offer various advantages. It includes great performance, low power consumption and less environmental impact as compared to traditional pumps. The demand for global dry vacuum pumps is increasing in the market.
China Large Semiconductor Industry Makes a Prominent Market in East Asia
During the forecast period, the China is set to witness a CAGR of 8.6%. China holds more than half of the share of the market in the East Asia, at ~71.9%.
China has a significantly large semiconductor sector. Dry vacuum pumps are need for wafer etching, implantation and deposition in semiconductor fabrication. Due to rapid growth of the semiconductors sector in China, the demand for dry vacuum pumps is rapidly increasing.
In recent years, China has become a manufacturing powerhouse which includes several sectors like pharmaceuticals, chemicals, and oil and gas. Dry vacuum pumps are necessary in these sectors as they are used for freeze drying, vacuum packaging and several others.
China benefits from a robust manufacturing ecosystem that includes local dry vacuum pump manufacturers and suppliers.
This close proximity enables convenient product access, short lead times, and cost advantages for customers in China. The existence of a local supply chain enhances China's standing as a significant market for dry vacuum pumps.
Advanced Pharmaceutical Sector Rquirements to Drive Market in Germany
Germany’s dry vacuum pumps market is likely to register a CAGR of 4.8% during the forecast period. Germany is anticipated to create an incremental $ opportunity of USD 107.5 million through 2033.
Germany has a well-established and advanced pharmaceutical sector. Vacuum drying is a process that is used to extend the shelf life of a product.
Dry vacuum pumps are used for eliminating moisture from products such as tablets or powders without changing their temperature.
The vacuum pump industry is increasingly prioritizing energy efficiency. German manufacturers are aware of this trend and concentrate on creating energy-efficient dry vacuum pumps.
Companies are investing in research and development to deliver products that have fast pumping speeds, low power consumption, and a reduced environmental footprint. This emphasis on energy efficiency is in line with global market demands and provides German manufacturers a favorable position.
Made in India Initiative Makes India a Key Market for Dry Vacuum Pumps
India’s dry vacuum pumps industry is anticipated to surpass a CAGR of 7.3% during the forecast period. India is expected to create incremental revenues worth USD 110.4 million through 2033.
India, being a rapid developing economy, is driven by a growing manufacturing sector. It also registers a rising demand for diverse industrial processes. These factors are expected to contribute to the increased adoption of dry vacuum pumps across India.
Initiatives such as “Made in India” and the government focus on infrastructure development are some other crucial factors that could further drive the demand for dry vacuum pumps in the country.
Safety Against Contamination Driving Popularity of Dry Screw Vacuum Pumps
By product type, the dry screw vacuum pump segment is expected to account for more than half of the market share over the forecast period. The segment is expected to reach revenues worth USD 2,820.8 million by 2033.
Unlike oil sealed vacuum pumps, dry screw vacuum pumps operate without the need for oil lubrication. This eliminates the risk of oil contamination in the pumped gases or the environment.
Oil-free operation is crucial in applications where oil contamination can cause product quality issues, and process and environmental concerns.
Pharmaceutical Segment Dominates the Global Dry Vacuum Pumps Market
By end-use, pharmaceutical segment is expected to hold more than one fifth of the market value over the forecast period. The segment is expected to reach a value of USD 1,171.7 million by 2033.
Dry vacuum pumps are designed to handle a wide range of chemical compounds without the risk of contamination and chemical reactions. This is particularly important in pharmaceutical applications where multiple chemicals and solvents are used during production.
Dry vacuum pumps can handle aggressive chemical and organic solvents without the need for additional precautions.
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Manufacturers have been heavily focused on acquisitions to improve the dry vacuum pumps industry product range. Companies are investing heavily to increase their output in the local marketplace and capitalize on growth potential.
Manufacturers are also broadening their reach to improve their sales and customer service through a robust distribution network. They are working on various channels of distribution, such as via the internet, to increase their market share in both regional and worldwide markets.
Several big firms are concentrating on acquiring little businesses, but small- and medium-sized businesses must make large expenditures in research & development operations to develop new products and expand their global footprint.
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Attributes | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD million for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Central Asia; Russia and Belarus; Balkan and Baltic Countries; East Asia; South Asia and Pacific and Middle East & Africa. |
Key Countries Covered | United States of America, Canada, Mexico, Brazil, Argentina, Germany, Italy, France, United Kingdom, Spain, BENELUX, NORDICS, Poland, Hungary, Romania, Czech Republic, China, Japan, South Korea, India, ASEAN, Australia, New Zealand, Saudi Arabia, United Arab Emirates, Turkiye and Israel. |
Key Segments Covered | By Product Type, By Capacity, By End-use, By Region |
Key Companies Profiled | Ebara Corporation; Atlas Copco AB; Gardner Denver Inc.; ULVAC; Shanghai EVP Vacuum Technology; Agilent Technologies; Flowserve SIHI GmbH; DVP Vacuum; Bosch Group; Peiffer Vacuum Gmbh |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The market’s net worth is expected to be USD 2,698 million in 2023.
The projected market value of dry vacuum pumps is USD 5,296.2 million by 2033.
The forecast CAGR of the market is 7%, in comparison to the historical CAGR of 4.8%.
The China market is expected to expand at a CAGR of 8.6% through 2033.
The dry screw vacuum pump is gaining popularity in the market.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 6. Global Market - Pricing Analysis 7. Global Market Demand (in Value or Size in USD Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 8. Market Background 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity 9.1. Low Capacity Use 9.2. Medium Capacity 9.3. High Capacity 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product 10.1. Dry Screw Vacuum Pump 10.2. Dry Scroll Vacuum Pump 10.3. Dry Diaphragm Vacuum Pump 10.4. Dry Claw and Hook Pumps 10.5. Others 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 11.1. Electronics & Semiconductor Industry 11.2. Pharmaceutical Industry 11.3. Chemical & Petrochemical Industry 11.4. Oil & Gas Industry 11.5. Food & Beverage Industry 11.6. Others 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 12.1. North America 12.2. Latin America 12.3. Western Europe 12.4. Eastern Europe 12.5. Central Asia 12.6. Russia & Belarus 12.7. Balkan & Baltic Countries 12.8. Middle East and Africa (MEA) 12.9. East Asia 12.10. South Asia and Pacific 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19. Balkan & Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 21. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 22. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 23. Country-wise Market Analysis 24. Market Structure Analysis 25. Competition Analysis 25.1. Ebara Corporation 25.2. Peiffer Vacuum GmbH 25.3. Atlas Copco AB 25.4. Gardner Denver Inc. 25.5. ULVAC 25.6. Shanghai EVP Vacuum Technology 25.7. Agilent Technologies 25.8. Flowserve SIHI GmbH 25.9. DVP Vacuum 25.10. Busch Group 26. Assumptions and Acronyms Used 27. Research Methodology
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