Vacuum Pump Market Set to Grow at CAGR 10% in Middle East & Africa
Rising government spending in semiconductor
sector coupled with growing adoption of vacuum technology in the process
industries to drive the demand for vacuum pumps globally through 2021
According to
recently released TechSci Research report, “Global Vacuum Pumps Market By Type, By Application, Competition Forecast and Opportunities, 2011 –
2021”, the growing
demand from major end user applications such as oil & gas, semiconductors, and
other industrial and process industries is forecast to drive sales of vacuum
pumps till 2021. In the semiconductor industry, these pumps are largely used in
wafer fabrication and materials production. The global semiconductor equipment
market was valued at about USD37.5 billion in 2014. Anticipated growth in the
semiconductor equipment market over the next five years is expected to drive
demand for vacuum pumps, globally, through 2021.
Browse 15 market data Tables and 82 Figures
spread through 183 Pages and an in-depth TOC on "Global Vacuum Pumps Market"
http://www.techsciresearch.com/report/global-vacuum-pumps-market-by-type-dry-liquid-ring-rotary-vane-and-other-by-application-semiconductor-industrial-process-thin-film-rough-instrumentation-and-research-development-competition-forecast-and-opportunities-2011-2021/681.html
Asia-Pacific
region accounts for the largest share in global vacuum pumps market, owing to
strong demand from semiconductor application as well as coatings industry in
this region. Continuing growth in Asia-Pacific semiconductor as well as coatings
market during 2016-2021 is anticipated to drive growth in global vacuum pumps
market. China, Japan, South Korea and Taiwan are the major markets for semiconductor
material and equipment in Asia-Pacific region. These countries collectively
accounted for around two-thirds of the share in the semiconductor material and
semiconductor equipment sales, globally, in 2014. However, demand for vacuum
pumps is forecast to witness highest growth in Middle East and African markets
during next five years. In North America, demand for vacuum pumps is expected
to be driven by fast growing markets, such as United States, Mexico, Canada,
etc. Gardner
Denver, Atlas Copco, Pfeiffer Vacuum Technology AG, ULVAC Technologies, Inc., Dr.-Ing.
K. Busch GmbH are some of the prominent global vacuum pumps manufacturers.
Download Sample Report @ http://www.techsciresearch.com/sample-report.aspx?cid=681
Customers can also
request for 10% free customization on this report.
“Demand for dry vacuum pumps is expected to exhibit
the fastest growth over the next five years, owing to their increasing
application in oil & gas and chemicals industries. Dry vacuum pumps do not require
any lubrication, offer clean pumping solutions and are highly efficient.
Consequently, their demand is increasing at a faster rate compared to liquid ring
and rotary vane pumps, globally”, said Mr. Rishi Srivastava, Consultant with
TechSci Research, a research based global management consulting firm.
“Global Vacuum Pumps Market By Type, By Application, Competition Forecast and Opportunities, 2011 –
2021” has evaluated
the future growth potential of vacuum pump market and provides statistics and
information on market size, market share and growth forecasts. The report
includes vacuum pumps market projection and demand forecasting. The report is
intended to provide cutting-edge market intelligence and help decision makers
take sound investment evaluation. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities existing in global vacuum pump market.
About TechSci Research
TechSci Research is a leading global market research firm
publishing premium market research reports. Serving 700 global clients with
more than 600 premium market research studies, TechSci Research is serving
clients across 11 different industrial verticals. TechSci Research specializes
in research based consulting assignments in high growth and emerging markets,
leading technologies and niche applications. Our workforce of more than 100
fulltime Analysts and Consultants employing innovative research solutions and
tracking global and country specific high growth markets helps TechSci clients
to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]