ReleaseWire

Turbomolecular Pumps Market Growing at 5.5% CAGR Will Hit 1520 Million US$ in 2025

Posted: Monday, April 29, 2019 at 7:29 PM CDT

Los Angeles, CA -- (SBWire) -- 04/29/2019 --This report studies the Turbomolecular Pumps market, which is a type of vacuum pump, superficially similar to a turbopump, used to obtain and maintain high vacuum. These pumps work on the principle that gas molecules can be given momentum in a desired direction by repeated collision with a moving solid surface. In a turbomolecular pump, a rapidly spinning fan rotor 'hits' gas molecules from the inlet of the pump towards the exhaust in order to create or maintain a vacuum.

At present, in the USA, Japan and Europe industrial developed countries the Turbo Molecular Pumps industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the Europe and Japan, etc. accounted for most of the international market share. Meanwhile, these companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position. But foreign companies' manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese Turbo Molecular Pumps production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase.

The global Turbomolecular Pumps market was 990 million US$ in 2018 and is expected to 1520 million US$ by the end of 2025, growing at a CAGR of 5.5% between 2019 and 2025.

This report studies the Turbomolecular Pumps market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Turbomolecular Pumps in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Edwards

Pfeiffer

Osaka Vacuum, Ltd.

KYKY Vacuum

Ulvac

Shimadzu Corporation

Ebara Technologies, Inc

Leybold

Busch

Agilent Turbomolecular

By the product type, the market is primarily split into

Magnetically Suspended Type

Oil Lubricated Type

Others

By the end users/application, this report covers the following segments

Industrial Vacuum Processing

Nanotechnology Instruments

Analytical Instrumentation

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