Vacuum Pump Market

Vacuum Pump Market Outlook (2024 to 2034)

Revenue from the global vacuum pump market is calculated to increase from US$ 817.1 million in 2024 to US$ 1.62 billion by the end of 2034. According to this updated study by Fact.MR, sales of vacuum pumps are evaluated to rise at 7.1% CAGR from 2024 to 2034.

Due to growing industrialization, technical innovations, and the introduction of new applications, vacuum pumps are essential to various sectors such as food & beverages, automotive, aerospace & defense, and others. Vacuum pumps offer various benefits such as evaporation, drying, filling, conveying, assembly, and material handling, which are driving their demand across multiple applications.

Expansion of the semiconductor industry is significantly boosting the demand for dry vacuum pumps, while liquid ring vacuum pumps are widely utilized in the pulp & paper and oil & gas industries. The development of dry vacuum pumps is further fueled by the growing need for clean vacuums and energy-efficient pumps to lower total operating costs.

Rising demand for packaged food and beverages, coupled with stringent government regulations on food packaging, is boosting the need for vacuum pumps. A growing number of working professionals, particularly women, is also contributing to the growth of the food and beverage industry, thereby driving the demand for vacuum pumps.

Key Market Growth Drivers

• Sales of vacuum pumps are being driven by growing industrialization in several countries, along with continuous demand in sectors such as food processing, chemicals, and automobiles.
• Utilization of vacuum pumps is growing across industries because they are essential to manufacturing operations such as material handling, packaging, and filtration.
• Vacuum pump market growth is driven by continuous advancements such as the creation of energy-efficient pumps, oil-free designs, and intelligent monitoring systems. These developments are boosting the use of pumps across sectors by enhancing efficiency, lowering energy consumption, and improving performance.
• Manufacturers are focusing on investing in sustainable technology to meet legal requirements and reduce their carbon footprint.
• Growing demand for vacuum pumps is also influenced by the expanding healthcare sector, notably diagnostic and therapeutic applications.
• Vacuum pumps are utilized in hospitals, labs, and medical equipment for functions such as anesthesia, suction, and sterilization.
• Applications for vacuum pumps are increasing in areas such as filtration, dewatering, and pneumatic conveying.
• Manufacturers are focusing on innovations to satisfy the ongoing market trend toward energy-efficient products.
• Development of pumps with advanced features such as regenerative blowers and variable speed drives to reduce energy usage and operating expenses are contributing to the expansion of the vacuum pump market size.

Report Attribute	Detail
Vacuum Pump Market Size (2024E)	US$ 817.1 Million
Forecasted Market Value (2034F)	US$ 1.62 Billion
Global Market Growth Rate (2024 to 2034)	7.1% CAGR
North America Market Share (2024E)	28.3%
East Asia Market Value (2024E)	US$ 214.9 Million
Positive Displacement Vacuum Pumps Segment Value (2034F)	US$ 517.6 Million
Wet Vacuum Pumps Segment Value (2034F)	US$ 939.4 Million
Key Companies Profiled	ULVAC; Atlas Copco; Pfeiffer Vacuum GmbH; Tuthill Corporation; Busch Vacuum Solution; Leybold GmbH; Gebr. Becker GmbH; KNF Neuberger Inc.; Ebara Corporation; Sihi Group B.V. (Flowserve); Vooner FloGard Corporation.

Why is Need for Vacuum Pumps Increasing Rapidly across Industries?

“Focus on Enhancing Operational Efficiency and Reducing Maintenance”

Advancements in vacuum pump technology are crucial drivers of market expansion, encouraging companies to prioritize sustainability and efficiency. Traditional pump functions are being transformed by the introduction of energy-efficient pumps, oil-free designs, and sophisticated monitoring systems.

Innovations not only significantly reduce energy consumption and environmental impact but also enhance pump performance and efficiency. By addressing key industry challenges such as sustainability and energy efficiency, these developments are increasing adoption across various sectors, including aerospace and defense, healthcare, food and beverages, and mining.

What are the Factors Hampering the Market for Vacuum Pumps?

“High Operational Costs Due to Increased Energy Usage and Limited Funding in Certain Sectors”

For companies utilizing vacuum pumps, operational expenses present a significant challenge beyond the initial investment. These ongoing costs include energy consumption, replacement parts, and maintenance, which are particularly burdensome for sectors with limited funding. Energy consumption increases operating costs, while regular maintenance and servicing are essential to ensure optimal pump performance and longevity.

Need for frequent part replacements further escalates the total cost of ownership. These operational expenses make it difficult for some companies to maintain profitability and efficiency during economic downturns or when operating on tight budgets, necessitating careful management and cost-cutting strategies.

Country-wise Insights

North America is projected to lead in 2024 with 28.3% of the global vacuum pump market share. Increasing utilization and need for vacuum pumps in various industries are key reasons behind market growth in the region.

Why Do Vacuum Pump Manufacturers Consider the United States a Lucrative Market?

“Increasing Funding in Oil & Gas Sector Boosting Vacuum Pump Demand Due to Their Key Role”

Attribute	United States
Market Value (2024E)	US$ 182.2 Million
Growth Rate (2024 to 2034)	7% CAGR
Projected Value (2034F)	US$ 359.7 Million

Rising industrial manufacturing, electronics & semiconductor, oil & gas, chemical & petrochemical, and other industries, and increasing business investments, are key vacuum pump market trends in the United States. Increasing investment in oil & gas is also driving vacuum pump demand in the country.

With the boom in shale gas production in the United States and the recent stabilization of oil prices, vacuum pumps are becoming more popular in the chemical & petroleum industries as well. The harsher conditions often associated with these applications result in low productivity, so oil and gas companies often replace their old equipment with upgraded models.

How are Vacuum Pumps use in Manufacturing Processes in Japan?

“Role of Vacuum Pumps in Providing Clean, Low-Pressure Environments for Critical Operations”

Attribute	Japan
Market Value (2024E)	US$ 56.7 Million
Growth Rate (2024 to 2034)	7.2% CAGR
Projected Value (2034F)	US$ 113.9 Million

Increasing need for vacuum pumps in Japan is primarily being driven by the electronics & consumer electronics sector. As a key leader in the production of a wide range of electronic devices, displays, and components, Japan relies on vacuum pumps to create the necessary vacuum conditions for manufacturing processes.

Vacuum pumps are extensively used during the sputtering and evaporation stages of flat-panel display production to deposit thin films. Similarly, in the manufacturing of integrated circuits and semiconductor components, vacuum pumps provide the ultra-clean, low-pressure environments needed for processes such as ion implantation, thin-film deposition, and etching.

Category-wise Insights

Based on end-use vertical, the market is segmented into aerospace & defense, automotive, chemicals & petrochemicals, electronics & semiconductors, food & beverages, healthcare & pharmaceuticals, mining & construction, oil & gas, packing, and power generation.

What are the Advantages of Positive Displacement Vacuum Pumps?

“Reliability and Ability to Handle Aggressive or Condensable Gases”

Attribute	Positive Displacement Vacuum Pumps
Segment Value (2024E)	US$ 258.2 Million
Growth Rate (2024 to 2034)	7.2% CAGR
Projected Value (2034F)	US$ 517.6 Million

Positive displacement vacuum pumps are gaining popularity due to their versatility, reliability, and ability to handle diverse applications across various sectors. They are particularly beneficial for handling aggressive or condensable gases and achieving high vacuum levels.

Industries such as vacuum coating, analytical instruments, and semiconductor production favor these pumps for maintaining high vacuum levels with minimal contamination. Their robust and simple design makes them ideal for managing corrosive gases and particles, ensuring dependable operation and low maintenance requirements.

What is Driving Preference for Wet Vacuum Pumps over Dry Pumps?

“Essential Component in Chemical Processing and Water Treatment”

Attribute	Wet Vacuum Pumps
Segment Value (2024E)	US$ 470.6 Million
Growth Rate (2024 to 2034)	7.2% CAGR
Projected Value (2034F)	US$ 939.4 Million

Based on lubrication, the market is segmented into wet and dry vacuum pumps. Wet vacuum pumps are poised to account for a 42.4% revenue share in 2024. Wet vacuum pumps are in increased demand because they handle liquids and moisture without failure.

Wet vacuum pumps are extensively used in applications such as chemical processing, wastewater treatment, and medical equipment, where handling fluids or humid air is necessary. In contrast, dry vacuum pumps are preferred for clean and dry operations, particularly in industries like food packaging and semiconductor fabrication, where concerns about contamination from liquids or oil are significant.

Competitive Landscape

Key players in the vacuum pump market are investing in R&D to bring advanced and innovative technologies to increase or maintain their position. Vacuum pumps meet the changing demands of different sectors by providing enhanced performance, energy efficiency, and adaptability.

• In November 2023, Busch Vacuum Solutions, a leading global manufacturer of vacuum pumps, vacuum systems, blowers, and compressors, introduced the R5 RA 0520 A rotary vane vacuum pump.
• In September 2023, Busch launched the R5 RA vacuum pump, a new energy-efficient model that possibly boosts energy savings by up to 25%.
• In September 2023, Mass-Vac launched a high-capacity vacuum pump intake trap designed to remove significant amounts of contaminants from processes including LPCVD, PECVD, MOCVD, HVPE, and ALD.
• In March 2023, Kaishan USA, a renowned global manufacturer of industrial air compressors, introduced the KRSV, a new line of industrial vacuum pumps. The brand-new Kaishan KRSV oil-flooded rotary screw vacuum pumps were fully assembled and ready to be connected to any system or operated independently.
• In March 2022, Ingersoll Rand Inc., a leading global supplier of industrial solutions and mission-critical flow creation, launched the new SVT Series of high-efficiency, high-capacity oil-lubricated rotary screw vacuum pumps under the Elmo Rietschle specialty vacuum brand.
• In January 2022, Atlas Copco completed the acquisition of HHV Pumps Pvt. Ltd.
• In August 2021, EDS introduced a new benchmark in the dry screw vacuum pump market. Designed for the most difficult chemical and industrial installations. With contaminant handling capabilities that are second-to-none even in harsh chemical and industrial environments, the EDS range is available in both air and water-cooled versions. A combination of simplicity, ease of maintenance, and high speed make the EDS range the perfect solution for harsh industrial and chemical applications.

Fact.MR provides detailed information about the price points of key suppliers of vacuum pumps positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated market report.

Segmentation of Vacuum Pump Market Research

• By Pump Type :

  • Positive Displacement
    • Liquid Ring Vacuum Pumps
    • Rotary Screw Pumps
    • Rotary Root Pumps
  • Dry
    • Liquid Ring Vacuum Pumps
    • Rotary Screw Pumps
    • Rotary Root Pumps
  • Centrifugal
  • Momentum Transfer
    • Rotary Vane Vacuum Pumps
    • Turbo Molecular Vacuum Pumps
  • Regenerative Application

• By Lubrication :

  • Dry
  • Wet

• By Application :

  • Assembly
  • Conveying
  • Dehydration/Drying
  • Engine Testing
  • Evaporation & Distillation
  • Filling
  • Holding/Chucking
  • Manufacturing
  • Material Handling
  • Thermoforming

• By Mechanism :

  • Gas Transfer
  • Gas Binding

• By Pressure :

  • Rough
  • Medium
  • High
  • Ultra-High
  • Extremely High

• By End-use Vertical :

  • Aerospace & Defense
  • Automotive
  • Chemicals & Petrochemicals
  • Electronics & Semiconductors
  • Food & Beverages
  • Healthcare & Pharmaceuticals
  • Mining & Construction
  • Oil & Gas
  • Packing
  • Power Generation

• By Region :

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa