Positioning

Industrial Vacuum Pump Market size to Grow by USD 1.16 billion | Rise in the Electrification of Mechanical Components to be a Key Trend | Technavio – PR Newswire

future-dyanmics

Searching for your content…
In-Language News
Contact Us
888-776-0942
from 8 AM – 10 PM ET
News provided by
Jun 03, 2022, 04:15 ET
Share this article
NEW YORK, June 3, 2022 /PRNewswire/ — One of the key trends in the industrial vacuum pump market growth is the rise in the electrification of mechanical components. Electric power steering (EPS) responds more quickly and efficiently. It uses software such as parking assistance and lane-change assists. In EPS, steering wheel movements are converted into electronic signals. These signals control the electric motors responsible for moving the wheels. Such advantages are expected to drive market growth during the forecast period.
The industrial vacuum pump market size is expected to grow by USD 1.16 billion from 2021 to 2026. Moreover, the growth momentum of the market will accelerate at a CAGR of 5.03% during the forecast period.
Request Latest Sample Report to learn more about market trends
The increasingly stringent regulations in the food and beverage and pharmaceutical industries are driving the industrial vacuum pump market growth. Regulatory agencies impose high penalties and advise product recalls if product quality, hygiene, and cleanliness are not maintained. For instance, the US FDA has advised pharmaceutical manufacturers to adopt measures and protocols to prevent water-borne contaminants in their production processes.
The industrial vacuum pump market report covers the following areas:
Subscribe to our "Basic Plan" billed annually at USD 5000. Get lifetime access to our Technavio Insights
The industrial vacuum pump market is fragmented. Vendors are deploying growth strategies such as product differentiation through technological innovations to compete in the market. The global industrial vacuum pump market has some well-established players that design and manufacture industrial vacuum pumps for various applications such as automotive, food and beverages, and oil and gas. Prominent vendors are making use of advanced materials solutions and technology to improve the working efficiency of industrial vacuum pumps and related components.
Agilent Technologies Inc., Atlas Copco AB, Becker Pumps Corp., Busch Dienste GmbH, Cutes Corp., Dekker Vacuum Technologies Inc., Ebara Corp., Graham Corp., IDEX Corp., Ingersoll Rand Inc., KNF DAC GmbH, OC Oerlikon Corp. AG, Pfeiffer Vacuum Technology AG, Samson Pump AS, Technika Chlodzenia Spolka z o.o., Tsurumi Manufacturing Co. Ltd., Tuthill Corp., ULVAC Inc., Vooner FloGard Corp., and PPI Pumps Pvt. Ltd. are among some of the major market participants.
For more insights into key vendors and their offerings, Download an Exclusive Sample Report
Wind Turbine Generator Market by Application and Geography – Forecast and Analysis 2022-2026
Power to Gas Market by End-user and Geography – Forecast and Analysis 2022-2026
Industrial Vacuum Pump Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 5.03%
Market growth 2022-2026
USD 1.16 billion
Market structure
Fragmented
YoY growth (%)
4.52
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 48%
Key consumer countries
US, China, Japan, South Korea, and Germany
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Agilent Technologies Inc., Atlas Copco AB, Becker Pumps Corp., Busch Dienste GmbH, Cutes Corp., Dekker Vacuum Technologies Inc., Ebara Corp., Graham Corp., IDEX Corp., Ingersoll Rand Inc., KNF DAC GmbH, OC Oerlikon Corp. AG, Pfeiffer Vacuum Technology AG, Samson Pump AS, Technika Chlodzenia Spolka z o.o., Tsurumi Manufacturing Co. Ltd., Tuthill Corp., ULVAC Inc., Vooner FloGard Corp., and PPI Pumps Pvt. Ltd.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Cision Distribution 888-776-0942
from 8 AM – 9 PM ET

source

future-dyanmics

Related posts
Positioning

Playoff positioning at stake as rivals Valwood and Brookwood clash - Valdosta Daily Times

Sunny to partly cloudy. High near 80F. Winds SW at 5 to 10 mph..
Read more
Positioning

Brand Positioning vs Unique Value Propositioning: How do they differ? [Infographic] - Media Update

media update comlies fully with the POPI act. We have taken necessary steps to secure our comuting…
Read more
Positioning

USCG Issues Safety Alert on Dynamic Positioning Systems: Don't Overestimate Their Capabilities - HS Today - HSToday

During the recent incident, a DP3 drillship suffered a complete blackout and subsequent loss of…
Read more
Newsletter
Join THE PRO PEOPLE Family

Sign up for The Pro People Community's Daily Digest and get the best of Industry updates, tailored for you.

Leave a Reply

Your email address will not be published. Required fields are marked *