Global Vacuum Generators Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Vacuum Generators Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A Vacuum Generator is a device that removes gas molecules from a sealed volume in order to leave behind a partial vacuum.

Market Overview:

The latest research study on the global Vacuum Generators market finds that the global Vacuum Generators market reached a value of USD 572.05 million in 2022. It’s expected that the market will achieve USD 740.74 million by 2028, exhibiting a CAGR of 4.4% during the forecast period.

Opportunities

At present, pneumatic vacuum generators are increasingly used in robots and special machine applications, such as in the packaging, electronics, automotive, glass and plastic industries, for the boxing machine / unpacking machine, unpacking machine, unloading the vacuum chuck handling system in the unit provides vacuum pressure. Compared with conventional blowers and rotary vane vacuum pumps, pneumatic vacuum generators have more significant advantages, such as higher reliability; lower investment costs, energy costs and cost of ownership; easier control and installation; Smaller in size and lower in weight.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Festo, Parker and SMC with the revenue market share of 19.39%, 13.63% and 11.95% in 2018.

Festo Corporation manufactures pneumatic and electromechanical systems, components, and controls for process control and factory automation solutions. Its product line includes pneumatic actuators, servo-pneumatic control components, electromechanical drives, motors and controllers, grippers, handling systems, vacuum technology, valves, valve manifolds, sensors, image processing systems, compressed air preparation, air supply components, electric cables and connectors, control technology and software, other pneumatic equipment, process automation, ready-to-install solutions, and function-specific systems.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates in two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides static and dynamic sealing devices; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; hydraulic, pneumatic, and electromechanical components and systems for builders and users of industrial and mobile machinery and equipment

Segmentation Overview:

Among different product types, Single-stage Vacuum Generators segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Machinery segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Vacuum Generators market covered in Chapter 3:

IDEX(Gast)
ANVER
Coval
EXAIR Corporation
Festo
Piab
Hitop Automation Machinery
Parker
Pisco
Air-Vac
Schmalz
Vaccon
CKD
VMECA
SMC

In Chapter 4 and Chapter 14.2, on the basis of types, the Vacuum Generators market from 2018 to 2029 is primarily split into:

Single-stage Vacuum Generators
Multi-stage Vacuum Generators

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Vacuum Generators market from 2018 to 2029 covers:

Machinery
Electronic
Packaging
Plastics
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)