Vacuum Ejectors Market to Cross $ 980 Million by 2021
Increasing
investment in process industries along with growing adoption of vacuum ejectors
in semiconductor industry to drive demand for vacuum ejectors globally through
2021
According to the recently
published TechSci Research report “Global
Vacuum Ejectors Market By Type, By Application, By Region, Competition
Forecast and Opportunities, 2011-2021”, global vacuum ejectors is
projected to grow at a CAGR of 3.71% during 2016-2021. Vacuum ejectors are used
to eject gases and vapors from a system to create
vacuum. On account of rapid urbanisation and industrialisation, Asia
Pacific accounted for the largest share in the global vacuum ejectors. In
addition, increasing demand for electronic products coupled with expansion in oil
refining industry in Asia-pacific region resulted in augmented demand for vacuum
ejectors in the region. Moreover, emerging applications of vacuum ejectors in pharmaceutical,
analytical and medical industry, etc., is expected to further bolster the
demand for vacuum ejectors in Asia Pacific over the next five years. SMC
Corporation, Gardener Denver Inc., J. Schmalz GmbH, Piab AB are few of the
leading players operating in the global vacuum ejectors market. Few of the
other leading players operating in the vacuum ejectors market, globally, are Osaka
Vacuum, Ltd., AB Progetti, Jet Vacuum Systems Pvt. Ltd., Körting Hannover AG,
etc.
Browse 9 market data Tables and 107 Figures
spread through 189 Pages and an in-depth TOC on "Global Vacuum Ejectors Market "
https://www.techsciresearch.com/report/global-vacuum-ejectors-market-by-type-single-stage-vacuum-ejectors-and-multi-stage-vacuum-ejectors-by-application-consumer-electronics-process-industry-refining-and-others-by-region-competition-forecast-and-opportunities/817.html
In
addition, expanding application segments such as consumer electronics,
industrial and process industry, refining, food packaging industry, etc., across
the globe, are expected to steer the vacuum ejectors market, globally. Vacuum
ejector manufacturers are widening their base in developing countries through
merger and acquisitions in order to capitalize on the growing demand for
ejectors in those regions. On account of consumer electronics industry being
the largest application segment, with increasing sales of electronic items,
demand for vacuum ejectors is also expected to increase. Emerging economies
such as China and India are anticipated to witness strong demand for vacuum
ejectors, during 2016-2021. In spite of market for vacuum ejectors in North
America nearing maturity, the region still accounts for a considerable share in
the global vacuum ejectors market on the back of constant development in semiconductor
industry in conjugation with transformation in chip design and advancement in
semiconductor manufacturing sector. Market for single-stage vacuum ejectors holds
the largest share in the vacuum ejectors market, globally, and is expected to continue
dominating on account increasing application of vacuum ejectors for decarbonizing
brewery water, creating chemical process vacuum, degassing of molten steel,
distillation, water treatment by degasifying, etc.
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“During
2010-2014, semiconductor industry in China witnessed growth at a CAGR of 19.35%
on the back of steep increase in demand for vacuum ejectors for application in data
processing and communications industry. Such
change is expected to influence the demand for vacuum ejector across the globe.
Additionally, continuous enhancements and modifications in vacuum ejectors by
well-established players in China such as Graham Vacuum and Heat Transfer
Technology Co., Ltd., Hangzhou Vacuum Equipment Co., Ltd., GEA Process
Engineering (China) Ltd., would result in augmented demand for vacuum ejector across various
industries, worldwide” said Mr. Karan Chechi, Research Director, with TechSci
Research, a research based global management consulting firm.
“Global Vacuum Ejectors Market By Type, By Application, By Region,
Competition Forecast and Opportunities, 2011-2021” has analyzed the potential
of the vacuum ejectors market and provides statistics and information on market
size, share and growth forecast. The report will suffice in providing the
intending clients with cutting-edge market intelligence and help them in taking
sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers and key challenges in the
global vacuum ejectors market.
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