According to the latest report by IMARC Group, titled “Turbomolecular Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global
. The report also includes competitor and regional analysis, and contemporary advancements in the market.
Theglobal turbomolecular pumps market reached a value of US$ 1.22 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1.80 Billion by 2027, exhibiting a CAGR of 6.50% during 2022-2027.
Turbomolecular pumps (TMPs) refer to the kinetic vacuum pumps comprised of a fast-spinning rotor, turbine, and stationary stator discs with gas conveying channels. They have minimal maintenance requirements and provide low vibration, as well as a hydrocarbon-free operation. In addition to this, turbomolecular pumps are extremely easy to function and can be highly compact when combined with a dry primary pump. Consequently, they are extensively utilized in ultra-high vacuum applications, including analytical instruments and harsh industrial environments wherein the pumps are needed for handling critical process conditions or corrosive gases.
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Market Segmentation by product, application and region.
Historical, current, and projected size of the market in terms of volume and value
Latest industry trends and developments
Competitive Landscape for Turbomolecular Pumps Market
Strategies of major players and product offerings
The increasing demand for semiconductor equipment in the manufacturing of consumer electronics, such as laptops, tablets, smartphones, etc., is primarily driving the turbomolecular pumps market. Additionally, TMPs create a vacuum environment that is indispensable in the fabrication of solar cells. This, along with the growing adoption of silicon wafers in automatic braking systems, adaptive cruise control, touch-free human-machine interfaces in automobiles, etc., is also catalyzing the market growth.
Moreover, the rising utilization of turbomolecular pumps in R&D activities of nuclear fusion is acting as another significant growth-inducing factor. Apart from this, the inflating popularity of focused ion-beam systems, electron microscopes, surface analysis systems, etc., is augmenting the global market. Furthermore, the introduction of smart onboard controllers that can monitor and control valves and gauges within an automated vacuum system is anticipated to fuel the turbomolecular pumps market over the forecasted period.
Key Players Included in Global Research Report:
Agilent Technologies Inc.
FMG Enterprises Inc.
Ingersoll Rand Inc.
KYKY Technology Co. Ltd.
Osaka Vacuum Ltd.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Breakup by Product:
Breakup by Application:
Research and Development (R&D)
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
TOC for the Turbomolecular Pumps Market Research Report:
Scope and Methodology
Global Turbomolecular Pumps Market
Value Chain Analysis
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