Vacuum Pumps Market 2026: Evolution Opportunities, Demands and Growth Revenue

Latin America is one of major investment hotspots for vacuum pumps market players. The market there is still at a nascent stage and will witness appreciable growth over the forecast timeframe on account of the presence of robust electronics and semiconductor manufacturing industries. The shifting focus of stakeholders in the U.S. to LATAM, on account of favorable government policies and low-cost labor will also drive vacuum pumps market trends.

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The global vacuum pumps market size is anticipated to depict quite an expansion in the years ahead, driven by the robust growth of the electronics and semiconductors sector worldwide. The advent of e-commerce and the rising number research programs undertaken, pertaining to nuclear fusion and nanotechnology, will also drive vacuum pumps industry growth.

Quite overtly, this has made the oil and gas sector a rather important end-use industry segment for vacuum pumps market. In the U.S., the government lifted restrictions on the production of energy reserves worth USD 50 trillion, in 2016. The government also announced plans for employing close to 90% of the offshore territory in U.S. for O&G drilling and exploration projects, which will substantially increase the demand for vacuum pumps in the region.

In terms of the lubrication mechanism, dry vacuum pumps are witnessing quite a surge in demand, especially across the petrochemical, pharmaceutical, packaging, and chemical industries. Increasing demand for electronic gadgets among the millennials will stimulate product requirement, as vacuum pumps are needed for increasing production capacity for chips and semiconductors.

High vacuum pumps stand tall in the product hierarchy of this industry. They are used in applications like evaporation coating, space technology, mass spectroscopy, and electron microscopy – all of which require high vacuum. In order to enhance operations and make them more efficient however, they are used in combination with low and medium vacuum pumps and booster pumps.

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Some Point from Table of Contents:

Chapter 7.   Vacuum Pumps Market, By Industry

7.1.  Vacuum pump market industry insights

7.2.  Chemical & pharmaceutical

7.2.1. Market estimates and forecast, 2015 - 2026

7.2.2. Market estimates and forecast by region, 2015 – 2026

7.3.  Semiconductor & electronics

7.3.1. Market estimates and forecast, 2015 - 2026

7.3.2. Market estimates and forecast by region, 2015 – 2026

7.4.  Oil & gas

7.4.1. Market estimates and forecast, 2015 - 2026

7.4.2. Market estimates and forecast by region, 2015 – 2026

7.5.  Food & beverages

7.5.1. Market estimates and forecast, 2015 - 2026

7.5.2. Market estimates and forecast by region, 2015 – 2026

7.6.  Wood, paper & pulp

7.6.1. Market estimates and forecast, 2015 - 2026

7.6.2. Market estimates and forecast by region, 2015 – 2026

7.7.  Others

7.7.1. Market estimates and forecast, 2015 - 2026

7.7.2. Market estimates and forecast by region, 2015 – 2026

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