Global Mechanical Vacuum Pumps Market report Covered forecasts revenue growth at global, regional, and country levels and provides an analysis of industry trends in each of the sub-segments from 2019 to 2025
Los Angeles, CA -- (SBWIRE) -- 03/16/2019 -- A vacuum pump is a device that removes gas molecules from a sealed volume in order to leave behind a partial vacuum. The first vacuum pump was invented in 1650 by Otto von Guericke, and was preceded by the suction pump, which dates to antiquity.
Strong growth in semiconductor industry is leading to a surge in the potential of dry vacuum pumps, whereas liquid ring vacuum pumps find wide application in pulp and paper, and oil and gas industries. In order to reduce the overall operation cost, demand for high vacuum quality (clean and dry vacuum) and energy efficient pumps is increasing which is also supporting the growth of dry vacuum pumps.
Demand for vacuum pumps in these two countries is driven by a strong domestic production base of chemical, oil and gas, semiconductors, and pulp and paper industry. China and the US are also the most promising markets for the semiconductor industry. Vacuum pump market in Europe is growing at a moderate rate. Growth in the semiconductor industry is the key driver behind the growth; however, some end-user industries have started to shift their manufacturing facilities outside Europe to developing countries such as China and India, where less strict environmental regulations are in place.
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The global Mechanical Vacuum Pumps market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Mechanical Vacuum Pumps volume and value at global level, regional level and company level. From a global perspective, this report represents overall Mechanical Vacuum Pumps market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Mechanical Vacuum Pumps Market Segment by Regions
Mechanical Vacuum Pumps Market Segment by Type
Dry Vacuum Pumps
Liquid Ring Vacuum Pump
Rotary Vane Vacuum Pump
Mechanical Vacuum Pumps Market Segment by Application
Industrial and Manufacturing
Semiconductor & Electronics
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