Europe Vacuum Pumps

Europe Vacuum Pumps

It is anticipated that the Europe vacuum pumps market will witness a compound annual growth rate (CAGR) of 5.6% during the forecast period, leading to a projected value of USD 2,488.2 million by the year 2029.

The Europe vacuum pumps market size across various pumps type segments, including rotary pumps, reciprocating pumps, kinetic pumps, dynamic pumps, other type pumps, and others for the indicated period. In 2023, the largest segment within the vacuum pumps market was rotary pumps, which encompassed three sub-segments: rotary vane pumps, screw and claw pumps, and root pumps. The robust demand from the process industry and the semiconductor market serves as a primary driver for the rotary pumps market. Within the rotary pumps segment, the market size exhibited impressive growth, the rotary pumps segment's market size expected to reach USD 999.35 million by 2029, representing a CAGR of 6.1% during the forecast period from 2024 to 2029.

This report analyzes the segmentation of the Europe vacuum pumps market by application for the forecast period. Key application segments include solar, electronics and semiconductor, process manufacturing, coating, analytical, research and development. Looking ahead, the process manufacturing segment is projected to reach USD 511.15 million by 2029, reflecting a CAGR of 5.49% during the forecast period (2024-2029). In 2023, the process manufacturing industry held an approximate market share of 20.77% within the Europe vacuum pumps industry.

The Europe vacuum pumps market, segmented by region across sectors such as Germany, UK, France, Italy, Nordic Countries, Spain, Central and Eastern Europe, rest of Europe. The Germany industry has exhibited steady growth trajectories. In the analysis conducted in 2023, Germany has emerged as the dominant player in the pumps market, securing a substantial share. Following closely are France and the UK. Germany's position as Europe's economic and industrial powerhouse continues to underpin its dominance in the vacuum pump market. the Germany segment is poised to reach USD 801.21 million, with an anticipated CAGR of 5.9% during the forecast period from 2024 to 2029.

The Europe vacuum pumps market is characterized by several key players, including Atlas Copco Group, Pfeiffer Vacuum Technology AG, Gardner Denver Inc., Busch Produktions GmbH, Ebara Corporation, Gebr. Becker GmbH, Kashiyama Industries, Ltd., KNF Group, Piab Group, Samson Pumps A/S, Shimadzu Corporation, Tuthill Corporation, ULVAC, Inc., among others.

This study aims to analyze the Europe market for various segments of vacuum pumps, including:

Product Type: Rotary Pumps, Reciprocating Pumps, Kinetic Pumps, Dynamic Pumps, and Other Type Pumps.

Application: Solar, Electronics and Semiconductor, Process Manufacturing, Coating, Analytical, and Research and Development.

Region: Germany, UK, France, Italy, Nordic Countries, Spain, Central and Eastern Europe, and Rest of Europe.