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Vacuum Pumps Market Share

Report ID: GMI2667
Published Date: Jun 2024
Report Format: PDF

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Vacuum Pumps Market Share

The Vacuum Pumps industry is moderately fragmented due to the presence of local and global players. In 2023, the players, such as Atlas Copco, Flowserve Corporation, Grundfos, Alfa Laval, Edwards Vacuum, Leybold GmbH, ULVAC and Ebara Corporation collectively held around 25%-30% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Vacuum Pumps Market Companies

Major players operating in the vacuum pumps industry are:

Agilent Technologies
Alfa Laval
Atlas Copco
Becker Vacuum Pumps
DEKKER Vacuum Technologies
Ebara Corporation
Edwards Vacuum
Flowserve Corporation
Graham Corporation
Grundfos
KNF Neuberger
Leybold GmbH
Tuthill Corporation
ULVAC
Welch Vacuum

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of vacuum pumps was reached USD 5.9 billion in 2023 and is estimated to grow at 5% CAGR during 2024 to 2032, owing to the increasing industrial applications.

The dry segment in the vacuum pumps market recorded USD 3.9 billion in 2023 and is expected to cross USD 6.2 billion by 2032, as they eliminate the need for lubricating fluids, reducing the risk of oil contamination and emissions into the atmosphere.

North America vacuum pumps market size was worth over USD 1.2 billion in 2023 and is likely to exceed USD 1.8 billion by 2032, attributed to the expansion of shale gas exploration, oil sands development, and renewable energy projects.

Agilent Technologies, Alfa Laval, Atlas Copco, Becker Vacuum Pumps, DEKKER Vacuum Technologies, Ebara Corporation, Edwards Vacuum, Flowserve Corporation, Graham Corporation, Grundfos, KNF Neuberger, Leybold GmbH, Tuthill Corporation, ULVAC, and Welch Vacuum.