Market Size of Rotary Vane Vacuum Pump Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR (2024 - 2029) | 5.40 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Rotary Vane Vacuum Pump Market Analysis
The Rotary Vane Vacuum Pump Market is expected to register a CAGR of 5.40% during the forecast period.
Vacuum pumps have experienced a substantial demand from various end-user verticals. The operations in these verticals are extremely susceptible to corrosion due to constant exposure to harsh environments, emphasizing the need for vacuum pumps to comply with various industrial regulations.
- The rotary vane vacuum pump is an oil-sealed rotary displacement pump. The system usually comprises a housing, an eccentrically installed rotor, vanes that move radially under spring force, and the inlet and outlet. The outlet valve is generally oil-sealed.
- The rapid growth of the electronics and semiconductor industries can be attributed to the increasing proliferation of consumer electronics like smartphones, laptops, and other relevant gadgets. It is a significant factor driving the rotary vane pump market growth.
- The upcoming semiconductor fabrication projects by different companies are likely to boost the rotary vane vacuum pump demand further. For instance, Global Foundries announced its intentions to invest USD 1.4 billion in its global manufacturing capacity in March 2021. The company invests hundreds of millions of dollars yearly to improve its production capacity.
- The COVID-19 pandemic had a detrimental impact on the Dry Vacuum Pumps Market. Due to the lockdown and social distancing norms, significant corporations halted operations in several areas. The sector anticipated a high level of demand and supply following the epidemic due to increased urbanization and the growing need for efficient use of available space.
- Oil-lubricated rotary vane vacuum pumps have been deployed across many fields for decades. Currently, they represent the most widely used mechanical vacuum pumps. However, oil-free vacuum pumps have been introduced in the market, which acts as a restraint towards adopting rotary vane vacuums.
- For instance, in August 2021, Pfeiffer Vacuum introduced the HiPace 80 Neo turbopump, which has a longer service life and lowers vibration and noise emissions. The novel, advanced Laser Balancing method developed for turbopump rotors enables these advantages.
Rotary Vane Vacuum Pump Industry Segmentation
A rotary vane vacuum pump is a type of oil-sealed rotary displacement pump. The pumping system consists of an eccentrically installed rotor, housing, and vanes that move radially under spring force and the inlet and outlet. The outlet valve is oil-sealed, whereas the inlet valve is designed to open the vacuum safety valve during operation. The working chamber is equipped inside the housing. Rotors and vanes divide the working house into two separate spaces having variable volumes.
The rotary vane vacuum pump market is segmented by end-user industry (process industry, semiconductor, solar, instrumentation, and other end-user industries) and geography (Americas, China, Japan, South Korea, Rest of Asia-Pacific, and Europe, Middle East and Africa). The market sizes and forecasts are provided in terms of value USD for all the above segments.
| By End-user Industry | |
| Process Industry | |
| Semiconductor | |
| Solar | |
| Instrumentation | |
| Other End-user Industries |
| By Geography | |
| Americas | |
| China | |
| Japan | |
| South Korea | |
| Rest of Asia | |
| Europe, Middle East and Africa |
Rotary Vane Vacuum Pump Market Size Summary
The rotary vane vacuum pump market is poised for significant growth, driven by the increasing demand from various end-user industries, particularly electronics and semiconductors. These pumps, known for their oil-sealed rotary displacement mechanism, are essential in environments where corrosion is a concern due to harsh operational conditions. The semiconductor industry, in particular, is a major contributor to market expansion, with advancements in technology and the proliferation of consumer electronics like smartphones and laptops fueling demand. The market is also witnessing a shift with the introduction of oil-free vacuum pumps, which pose a challenge to the traditional oil-lubricated models. Despite this, the rotary vane vacuum pump remains a staple in semiconductor manufacturing processes, where it plays a crucial role in applications such as evaporation, sputtering, and vacuum dry etching.
The market landscape is characterized by a few dominant players, with European companies historically leading the charge. However, recent developments in North America, including significant investments and partnerships in semiconductor production, are expected to bolster the region's market presence. The rotary vane vacuum pump market is also experiencing consolidation through mergers and acquisitions, as companies seek to enhance their technological capabilities and expand their product portfolios. Notable players such as Gardner Denver Inc., Busch Holding GmbH, and Atlas Copco Group are at the forefront of these developments, continually innovating to maintain a competitive edge. The market's growth trajectory is further supported by government initiatives and subsidies aimed at boosting semiconductor production, particularly in the United States.
Rotary Vane Vacuum Pump Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Consumers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By End-user Industry
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2.1.1 Process Industry
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2.1.2 Semiconductor
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2.1.3 Solar
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2.1.4 Instrumentation
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2.1.5 Other End-user Industries
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2.2 By Geography
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2.2.1 Americas
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2.2.2 China
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2.2.3 Japan
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2.2.4 South Korea
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2.2.5 Rest of Asia
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2.2.6 Europe, Middle East and Africa
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Rotary Vane Vacuum Pump Market Size FAQs
What is the current Rotary Vane Vacuum Pump Market size?
The Rotary Vane Vacuum Pump Market is projected to register a CAGR of 5.40% during the forecast period (2024-2029)
Who are the key players in Rotary Vane Vacuum Pump Market?
Gardner Denver Inc., Busch Holding GmbH, Atlas Copco Group, Gebr. Becker GmbH and Pneumofore SPA are the major companies operating in the Rotary Vane Vacuum Pump Market.
