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DRY SCROLL VACUUM PUMPS MARKET REPORT OVERVIEW
The global dry scroll vacuum pumps market size was USD 830.7 million in 2019 and the market is projected to touch USD 1757.92 million by 2032, exhibiting a CAGR of 5.9% during the forecast period.
The dry scroll vacuum pumps market is witnessing steady growth due to their advantages over traditional oil-sealed pumps, such as lower maintenance requirements, reduced risk of contamination, and environmentally friendly operation. Industries like semiconductor manufacturing, pharmaceuticals, and research laboratories are driving demand for these pumps. Technological advancements, such as improved pumping speed and energy efficiency, are further propelling market growth. Additionally, stringent regulations regarding environmental protection and workplace safety are encouraging the adoption of dry scroll vacuum pumps. Overall, the market is expected to continue expanding as industries seek reliable, efficient, and environmentally conscious vacuum pump solutions.
COVID19 Impact: Market Growth Restrained by Pandemic Due to Project Delays and Cancellations
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The COVID-19 pandemic has negatively impacted the dry scroll vacuum pumps market in several ways. Disruptions in supply chains, reduced manufacturing activities, and temporary closures of industries such as semiconductor manufacturing and research laboratories have led to a decrease in demand for vacuum pump equipment. Additionally, uncertainties surrounding economic conditions have caused many businesses to delay or cancel capital expenditure projects, further dampening demand for vacuum pumps. Travel restrictions and social distancing measures have also affected sales and installation processes, hindering market growth. However, as economies recover and industries resume operations, the demand for dry scroll vacuum pumps is expected to gradually rebound.
LATEST TRENDS
"Adoption of IoT-enabled Monitoring and Control Systems Helps Market Grow"
A latest trend in the dry scroll vacuum pumps market is the increasing adoption of Internet of Things (IoT) technology for monitoring and controlling vacuum pump systems. These IoT-enabled systems offer real-time monitoring of pump performance, including parameters such as temperature, pressure, and energy consumption. By utilizing data analytics and predictive maintenance algorithms, operators can optimize pump performance, minimize downtime, and reduce maintenance costs. This trend is driven by the growing emphasis on efficiency, reliability, and sustainability in industrial operations, leading to a shift towards smarter and more connected vacuum pump solutions.
DRY SCROLL VACUUM PUMPS MARKET SEGMENTATION
By Type
Based on type the global market can be categorized into single-sided scroll, double-sided scroll
Single-sided scroll: Utilizes a single scroll to generate vacuum, suitable for applications with lower pumping speed requirements.
Double-sided scroll: Features two scrolls working in tandem, providing higher pumping speeds and enhanced performance for demanding industrial applications.
By Application
Based on application the global market can be categorized into electronics & semiconductor, pharmaceutical & chemical, industrial and manufacturing, other
Electronics & Semiconductor: Used for processes such as deposition and etching in semiconductor manufacturing and electronic component production.
Pharmaceutical & Chemical: Employed in processes like filtration, distillation, and drying in pharmaceutical and chemical industries.
Industrial and Manufacturing: Utilized for various applications including vacuum packaging, vacuum drying, and vacuum coating in industrial and manufacturing processes.
Other: Includes diverse applications such as research laboratories, automotive, aerospace, and food processing.
DRIVING FACTORS
"Technological Advancements Drives the Market"
Continuous innovations in dry scroll vacuum pump technology, such as improvements in pumping speed, energy efficiency, and reliability, are driving market growth. These advancements enhance the performance and capabilities of vacuum pumps, making them more appealing to a wide range of industries seeking efficient and reliable vacuum solutions.
"Increasing Demand from Semiconductor Manufacturing Industry Drives the Market"
The semiconductor manufacturing industry is a significant driver of demand for dry scroll vacuum pumps. These pumps play a crucial role in various semiconductor fabrication processes, including deposition, etching, and ion implantation. As the demand for semiconductor devices continues to rise, driven by factors such as technological advancements in electronics and the proliferation of smart devices, the need for high-performance vacuum pumps also increases, thus boosting the market for dry scroll vacuum pumps.
RESTRAINING FACTORS
"Initial High Cost of Investment Restrains the Market Growth"
The initial capital investment required for purchasing and installing dry scroll vacuum pumps can be higher than that for conventional oil-sealed pumps. This higher upfront cost may deter some potential buyers, especially smaller businesses or those operating on tight budgets, from investing in dry scroll vacuum pump technology. Additionally, while dry scroll pumps offer long-term cost savings through reduced maintenance requirements and lower energy consumption, the initial cost barrier remains a significant consideration for many prospective customers. However, as awareness of the long-term benefits of dry scroll pumps grows and technological advancements continue to drive down costs, this restraining factor may diminish over time.
DRY SCROLL VACUUM PUMPS MARKET REGIONAL INSIGHTS
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
"Asia Pacific Emerges as the Pivotal Driver in the Market Due to Rapid Industrialization"
Asia Pacific is anticipated to be a significant contributor to the growth of the dry scroll vacuum pumps market share due to several factors. These include the presence of key industries such as semiconductor manufacturing, pharmaceuticals, and research laboratories in countries like China, Japan, South Korea, and Taiwan. The rapid industrialization and economic development in this region are driving the demand for advanced vacuum pump technologies to support various manufacturing processes. Moreover, increasing investments in infrastructure development, especially in emerging economies, are further fueling the demand for dry scroll vacuum pumps in applications such as wastewater treatment, power generation, and automotive manufacturing. Additionally, favorable government initiatives promoting industrial automation, technological innovation, and environmental sustainability are expected to boost the adoption of dry scroll vacuum pumps in the Asia Pacific region, solidifying its dominant role in the market.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market Through Innovation and Market Expansion"
Key industry players shaping the dry scroll vacuum pumps market through innovation and market expansion include Agilent Technologies, Edwards Vacuum, Atlas Copco, Pfeiffer Vacuum Technology AG, and ULVAC Technologies, Inc. These companies are renowned for their advanced vacuum pump technologies, commitment to sustainability, and customer-centric solutions. Through continuous research and development, strategic partnerships, and global market reach, they drive innovation and cater to diverse industrial needs. Their influence extends across various sectors, positioning them as frontrunners in shaping the future landscape of the dry scroll vacuum pumps market.
LIST OF TOP DRY SCROLL VACUUM PUMPS COMPANIES
- Edwards Vacuum (U.K.)
- Anest Iwata (Japan)
- ULVAC (Japan)
- Air Squared Inc (U.S.)
- Leybold (Germany)
- Agilent (U.S.)
- Labconco (U.S.)
- Busch LLC (U.S.)
INDUSTRIAL DEVELOPMENT
October 2022: An industrial development in the dry scroll vacuum pumps market is the increasing integration of Internet of Things (IoT) technology into vacuum pump systems. This development allows for remote monitoring and control of pump performance, enabling predictive maintenance and optimization of energy consumption. By leveraging IoT capabilities, industries can enhance operational efficiency, reduce downtime, and lower maintenance costs. This trend aligns with the growing emphasis on automation and connectivity in industrial processes, driving the adoption of smart and interconnected vacuum pump solutions across various sectors.
REPORT COVERAGE
The dry scroll vacuum pumps market growth is witnessing significant growth driven by factors such as technological advancements, increasing demand from key industries like semiconductor manufacturing, and the integration of IoT technology. Despite challenges like initial high costs, the market continues to expand as businesses prioritize efficiency, reliability, and sustainability in their operations. Key industry players, including Agilent Technologies, Edwards Vacuum, Atlas Copco, Pfeiffer Vacuum Technology AG, and ULVAC Technologies, Inc., play pivotal roles in shaping the market through innovation and market expansion efforts. With ongoing developments and evolving industry needs, the future of the dry scroll vacuum pumps market looks promising.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 830.7 Million in 2019 |
Market Size Value By |
US$ 1757.92 Million by 2032 |
Growth Rate |
CAGR of 5.9% from 2019 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type & Application |
Frequently Asked Questions
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What value is the dry scroll vacuum pumps market expected to touch by 2032?
The dry scroll vacuum pumps market is expected to reach USD 1757.92 million by 2032.
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What CAGR is the expected to exhibit by 2032?
The dry scroll vacuum pumps market is expected to exhibit a CAGR of 5.9% by 2032.
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What are the driving factors of the dry scroll vacuum pumps market?
Technological advancements and increasing demand from semiconductor manufacturing are driving factors in the dry scroll vacuum pumps market.
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What are the key dry scroll vacuum pumps market segments?
The key market segmentation that you should be aware of, which includes, based on types of dry scroll vacuum pumps market is classified as single-sided scroll, double-sided scroll. Based on the application of the dry scroll vacuum pumps market is classified as electronics & semiconductor, pharmaceutical & chemical, industrial and manufacturing, other