North America Vacuum Valve Market Size, Share & Industry Trends Analysis Report By Valve Type (Isolation Valves, Pressure Control Valves, Transfer Valves, Air Admittance Valves and Check Valves), By Pressure Range, By Industry, By Country and Growth Forecast, 2022 – 2028
The North America Vacuum Valve Market would witness market growth of 7.4% CAGR during the forecast period (2022-2028).
Cylinders can be sized by the load they must move to provide the necessary sequencing. First, the cylinder that needs the least force to move extends. The second cylinder extends after its stroke is complete due to an increase in system pressure. Space restrictions and force demands will often dictate the cylinder size in applications. In those circumstances, the cylinders are actuated in the proper sequence using sequencing valves. Check valves, which allow for downflow from the primary to the primary circuit, can occasionally be found on sequence valves.
The vacuum valves that come to mind when discussing vacuum valves are those that are put in lines that link a vacuum chamber to a vacuum pump: the holding valve, the fore line valve, the roughing valve, and the poppet. When the diffusion pump is powered up and the poppet valve is open and the flow is through the diffusion pumps, for high vacuum capability, the gas evacuation path is different during initial pump down (also known as roughing), when gas is moving through the mechanical pump line with the poppet valve closed.
A crucial component of the products and services that Americans use every day is a semiconductor. These computer chips are essential to a variety of industries and goods, including automobiles, smartphones, medical devices, and even vacuum cleaners. The Semiconductor Industry Association (SIA) estimates that the U.S. semiconductor industry will employ over a quarter of a million people in 2020 and generate $208 billion in revenue. The development of semiconductor technology has been and will continue to be essential to the economic success and security of the United States. Another issue is the supplier chain. Only 12% of the world's semiconductor production capacity is provided by Americans, even though they originated semiconductors and are the leaders in chip technology, according to the SIA. The increasing market for semiconductors propels the growth of the vacuum valve market.
The US market dominated the North America Vacuum Valve Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $378.5 million by 2028. The Canada market is anticipated to grow at a CAGR of 9.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.9% during (2022 - 2028).
Based on Valve Type, the market is segmented into Isolation Valves, Pressure Control Valves, Transfer Valves, Air Admittance Valves and Check Valves. Based on Pressure Range, the market is segmented into High Vacuum (<10-3–>10-8 torr), Low-to-Medium Vacuum (>10-3 torr) and Very High Vacuum (<10-8 torr). Based on Industry, the market is segmented into Semiconductor, Flat-panel Display Manufacturing, Analytical Instruments, Chemicals, Pharmaceuticals, Thin-film Coating, Food & Beverages, Pulp & Paper and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Pfeiffer Vacuum Technology AG, MKS Instruments, Inc., CKD Corporation, SMC Corporation, Agilent Technologies, Inc., VAT Group AG, KITZ SCT Corporation, ULVAC, Inc., VTEX Corporation, and HVA LLC.
Scope of the Study
Market Segments covered in the Report:
By Valve Type
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