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Global Laboratory Vacuum Pumps Market 2019-2023

Global Laboratory Vacuum Pumps Market 2019-2023

About this market

With the increased application of vacuum pump systems in laboratories and semiconductor processing, there is a growing demand for laboratory vacuum pumps. The use of laboratory vacuum pumps is increasing to optimize performance across the range of applications, from mass spectroscopy to filtering, drying, degassing, distillation, gel dryers, and evaporation. Vacuum pumps are known to be effective tools in a laboratory, which helps in decreasing the filtration times through high-power vacuum suction. Laboratory vacuum pumps are used to provide rapid chamber evacuation, chamber environment exchange, and high throughput capability. With the rising applications in the semiconductor industry, the adoption of laboratory vacuum pumps will increase during the forecast period. Technavio’s analysts have predicted that the laboratory vacuum pumps market will register a CAGR of over 4% by 2023.Market Overview

Increasing initiatives by market vendors

Many vendors in the global laboratory vacuum pumps market are conduction workshops to create awareness about the efficiency of vacuum pumps, and they showcase a range of videos and presentations on their websites to reach a larger audience and gain considerable market sales.

Presence of operational issues

The performance of laboratory vacuum pumps is influenced and governed by a range of factors, such as the presence of numerous components in a pump. Issues occurring in laboratory vacuum pumps include horsepower leakage, pump stalls, overloading of the electric motor, and discharge of oil from oil mist eliminator, which may hinder the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the laboratory vacuum pumps market during the 2019-2023 period, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Agilent Technologies and EBARA, the competitive environment is quite intense. Factors such as increased application of vacuum pump systems in laboratories and semiconductor processing and the increasing initiatives by market vendors, will provide considerable growth opportunities to laboratory vacuum pumps. Agilent Technologies, EBARA, Gardner Denver, Graham, and ULVAC are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report - Global Laboratory Vacuum Pumps Market 2019-2023

Technavio recognizes the following company as the key player in the global laboratory vacuum pumps market: Agilent Technologies, EBARA, Gardner Denver, Graham, and ULVAC.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increased application of vacuum pump systems in laboratories and semiconductor processing. The use of laboratory vacuum pumps is increasing to optimize performance across the range of applications, from mass spectroscopy to filtering, drying, degassing, distillation, gel dryers, and evaporation. Vacuum pumps are known to be effective tools in a laboratory, which helps in decreasing the filtration times through high-power vacuum suction.”

According to the report, one driver influencing this market is the driven by the increasing initiatives by the market vendors. Many vendors in the global laboratory vacuum pumps market are conduction workshops to create awareness about the efficiency of vacuum pumps, and they showcase a range of videos and presentations on their websites to reach a larger audience and gain considerable market sales.

Further, the report states that one challenge affecting this market is the presence of operational issues. The performance of laboratory vacuum pumps is influenced and governed by a range of factors, such as the presence of numerous components in a pump. Issues occurring in laboratory vacuum pumps include horsepower leakage, pump stalls, overloading of the electric motor, and discharge of oil from oil mist eliminator, which may hinder the growth of the market.

Companies Mentioned

Agilent Technologies

EBARA

Gardner Denver

Graham

ULVAC

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global laboratory equipment market
      • Table Segments of global laboratory equipment market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Dry vacuum pumps - Market size and forecast 2018-2023
      • Table Dry vacuum pumps - Market size and forecast 2018-2023 ($ millions)
      • Table Dry vacuum pumps - Year-over-year growth 2019-2023 (%)
    • Rotary vane pumps - Market size and forecast 2018-2023
      • Table Rotary vane pumps - Market size and forecast 2018-2023 ($ millions)
      • Table Rotary vane pumps - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Increased application in laboratories and semiconductor processing
    • Technological advances
    • Increase in M&A
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Agilent Technologies
      • Table Agilent Technologies - Vendor overview
      • Table Agilent Technologies - Business segments
      • Table Agilent Technologies - Organizational developments
      • Table Agilent Technologies- Geography focus
      • Table Agilent Technologies - Segment focus
      • Table Agilent Technologies - Key offerings
    • EBARA
      • Table EBARA - Vendor overview
      • Table EBARA - Business segments
      • Table EBARA - Organizational developments
      • Table EBARA- Geography focus
      • Table EBARA - Segment focus
      • Table EBARA - Key offerings
    • Gardner Denver
      • Table Gardner Denver - Vendor overview
      • Table Gardner Denver - Business segments
      • Table Gardner Denver - Organizational developments
      • Table Garden Denver- Geography focus
      • Table Gardner Denver - Segment focus
      • Table Gardner Denver - Key offerings
    • Graham
      • Table Graham - Vendor overview
      • Table Graham - Business segments
      • Table Graham - Organizational developments
      • Table Graham- Geography focus
      • Table Graham - Key offerings
    • ULVAC
      • Table ULVAC - Vendor overview
      • Table ULVAC - Business segments
      • Table ULVAC - Organizational developments
      • Table ULVAC - Segment focus
      • Table ULVAC - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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