Turbomolecular Pump Market Report: Trends, Forecast and Competitive Analysis to 2030
Turbomolecular Pump Trends and Forecast
The future of the global turbomolecular pump market looks promising with opportunities in the analytical instrumentation, semiconductor, and research and development markets. The global turbomolecular pump market is expected to reach an estimated $1.8 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are rise in interest towards flat-panel displays and increasing demand for mobile phones and other electronic devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Turbomolecular Pump by Segment
The study includes a forecast for the global turbomolecular pump by product, application, and region.
Turbomolecular Pump Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Magnetically Levitated
- Oil Lubricated
- Hybrid
Turbomolecular Pump Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Analytical Instrumentation
- Semiconductor
- Research and Development (R&D)
- Others
Turbomolecular Pump Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Turbomolecular Pump Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies turbomolecular pump companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the turbomolecular pump companies profiled in this report include-
- Agilent Technologies
- Atlas Copco
- Busch
- Ebara
- Elettrorava
- FMG Enterprises
- Ingersoll Rand
- KYKY Technology
- Osaka Vacuum
- Shimadzu
- ULVAC
Turbomolecular Pump Market Insights
Lucintel forecasts that hybrid is expected to witness highest growth over the forecast period due to its high compression ratios, quick pumping, and little after-vibration.
Within this market, analytical instrumentation will remain the largest segment due to its widespread use in analytical tools, including gas chromatographs, atomic absorption spectrometers, and mass spectrometers.
APAC is expected to witness highest growth over the forecast period due to growth in demand for flat-panel displays and semiconductors in the region.
Features of the Global Turbomolecular Pump Market
Market Size Estimates: Turbomolecular Pump Market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Turbomolecular Pump Market size by product, application, and region in terms of value ($B).
Regional Analysis: Turbomolecular Pump Market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the turbomolecular pump market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the turbomolecular pump market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the turbomolecular pump market size?
Answer: The global turbomolecular pump market is expected to reach an estimated $1.8 billion by 2030.
Q.2 What is the growth forecast for turbomolecular pump market?
Answer: The global turbomolecular pump market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the turbomolecular pump market?
Answer: The major drivers for this market are rise in interest towards flat-panel displays and increasing demand for mobile phones and other electronic devices.
Q4. What are the major segments for turbomolecular pump market?
Answer: The future of the turbomolecular pump market looks promising with opportunities in the analytical instrumentation, semiconductor, and research and development markets.
Q5. Who are the key Turbomolecular Pump Market companies?
Answer: Some of the key turbomolecular pump companies are as follows:
- Agilent Technologies
- Atlas Copco
- Busch
- Ebara
- Elettrorava
- FMG Enterprises
- Ingersoll Rand
- KYKY Technology
- Osaka Vacuum
- Shimadzu
Q6. Which turbomolecular pump market segment will be the largest in future?
Answer: Lucintel forecasts that hybrid is expected to witness highest growth over the forecast period due to its high compression ratios, quick pumping, and little after-vibration.
Q7. In turbomolecular pump market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growth in demand for flat-panel displays and semiconductors in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the turbomolecular pump market by product (magnetically levitated, oil lubricated, and hybrid), application (analytical instrumentation, semiconductor, research and development (R&D), and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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