Rotary Vane Vacuum Pump Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.40 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Rotary Vane Vacuum Pump Market Analysis
The rotary vane vacuum pump market is expected to register a CAGR of 5.4% during the forecast period. Vacuum pumps have experienced a substantial demand from various end-user verticals. The operations in these verticals are extremely susceptible to corrosion due to constant exposure to harsh environments, emphasizing the need for vacuum pumps to comply with various industrial regulations.
- The rotary vane vacuum pump is an oil-sealed rotary displacement pump. The system usually comprises a housing, an eccentrically installed rotor, vanes that move radially under spring force, and the inlet and outlet. The outlet valve is generally oil-sealed.
- The rapid growth of the electronics and semiconductor industries can be attributed to the increasing proliferation of consumer electronics like smartphones, laptops, and other relevant gadgets. It is a significant factor driving the rotary vane pump market growth.
- The upcoming semiconductor fabrication projects by different companies are likely to boost the rotary vane vacuum pump demand further. For instance, Global Foundries announced its intentions to invest USD 1.4 billion in its global manufacturing capacity in March 2021. The company invests hundreds of millions of dollars yearly to improve its production capacity.
- The COVID-19 pandemic had a detrimental impact on the Dry Vacuum Pumps Market. Due to the lockdown and social distancing norms, significant corporations halted operations in several areas. The sector anticipated a high level of demand and supply following the epidemic due to increased urbanization and the growing need for efficient use of available space.
- Oil-lubricated rotary vane vacuum pumps have been deployed across many fields for decades. Currently, they represent the most widely used mechanical vacuum pumps. However, oil-free vacuum pumps have been introduced in the market, which acts as a restraint towards adopting rotary vane vacuums.
- For instance, in August 2021, Pfeiffer Vacuum introduced the HiPace 80 Neo turbopump, which has a longer service life and lowers vibration and noise emissions. The novel, advanced Laser Balancing method developed for turbopump rotors enables these advantages.
Rotary Vane Vacuum Pump Market Trends
This section covers the major market trends shaping the Rotary Vane Vacuum Pump Market according to our research experts:
Semiconductor Industry is Expected to Hold Significant Share
- With the semiconductor industry being a key driver of the significant region's economic strength, global competitiveness, and technology leadership, especially in microprocessors, the demand for vane vacuum pumps has been substantial.
- Semiconductor technology has rapidly evolved, leading to the development of semiconductor devices over generations. Currently, the manufacture and use of semiconductor equipment involves many high and new techniques, such as various chemical elements, and has a robust technical comprehensiveness.
- Semiconductor equipment technology has gradually integrated technology modularization into equipment, making it highly automated and intelligent, affecting the natural separation of material and the process to change. New vacuum applications in the semiconductor manufacturing process have emerged, mainly fueled by the production of smartphones, high-brightness LED lighting, photovoltaic solar panels, and Li-ion batteries.
- For instance, according to WSTS, semiconductor sales in 2021 were USD 555.89 billion. It increased from USD 440.39 billion globally and was forecasted to rise to USD 613.52 billion in 2022. The increase in semiconductors sales will drive the rotary vane vacuum pump market.
- Semiconductor process vacuum is used across evaporation, sputtering, PECVD, vacuum dry etching, vacuum adsorption, testing equipment, vacuum cleaning, and other bonding processes. The flammable, explosive, and toxic substance gases in the manufacturing process of semiconductor, leads the manufacturer of vacuum pumps to adhere to compliances such as CE and UL/CSA standards for production and personnel safety.
- Dry etching, for instance, is generally used to remove the etched thin film through a combination of physical and chemical methods, so the etching has anisotropy, which can fundamentally improve the inherent problem of horizontal drilling erosion of wet process, to meet the requirements of fine line etching, rotary vane vacuum technology is one of them. Also, vacuum pumps alone represent up to 25% of the total energy consumed by a semiconductor manufacturing facility.
North America is Expected to Hold Significant Share
- Traditionally, European vendors dominated the rotary vane vacuum pump market, such as Atlas Copco, which acquired various pump businesses to increase its foothold. However, these companies reported revenues closer to their domestic revenues. While several vendors have established their manufacturing facilities in North America, in the United States, the other international vendors have increased their distributor networks in North America. The rotary vane vacuum pump is expected to grow significantly in the United States owing to the several developments taking place in various end-user industries, such as semiconductors, solar, and process industries.
- In August 2022, Qualcomm and GlobalFoundries announced a new partnership that included USD 4.2 billion to manufacture chips in an expansion of GlobalFoundries' upstate New York facility. Qualcomm, the leading fabless semiconductor company in the world, announced plans to increase semiconductor production in the US by up to 50% over the next five years. With the rotary vane vacuum pump significantly used in semiconductors, the developments are expected to impact the region's market positively.
- Similarly, in September 2022, the US President signed into law the Chips and Science Act, which authorized about USD 52 billion in government subsidies for US semiconductor production and research, as well as an investment tax credit for chip plants estimated to be worth USD 24 billion.
- The upcoming semiconductor fabrication projects by different companies will further boost the rotary vane vacuum pump demand. For instance, in March 2021, Intel stated that it would invest USD 20 billion in two new fabs in Chandler, Arizona, adding to Arizona's burgeoning semiconductor manufacturing base.
- Such subsidies and investments in semiconductor production and research in this region will drive the market for rotary vane vacuum pumps.
Rotary Vane Vacuum Pump Industry Overview
The rotary vane vacuum pump market is consolidated, with most of the market occupied by a few players. Technological advancements in their product line are bringing sustainable competitive advantage to the companies, and the market is also witnessing the upgradation of the existing product portfolio. The market is also witnessing various mergers and acquisitions. Gardner Denver Inc., Gardner Denver Inc., Busch Holding GmbH, Atlas Copco Group, Gebr. Becker GmbH, and Pneumofore SPA are the major players in the rotary vane vacuum pump market.
In October 2021, HHV Pumps Pvt. Ltd agreed to be acquired by Atlas Copco. Vacuum pumps and systems are designed and manufactured by the company for various industries. HHV Pumps, based in Bengaluru, India, was started in 2009 and employs 151 people. The company generated around USD 6 million in revenue in 2020.
In August 2021, Pfeiffer Vacuum introduced the HiPace 80 Neo turbopump, which has a longer service life, and lowers vibration and noise emissions. The novel, advanced Laser Balancing method developed for turbopump rotors enables these advantages.
Rotary Vane Vacuum Pump Market Leaders
Gardner Denver Inc.
Busch Holding GmbH
Atlas Copco Group
Gebr. Becker GmbH
Pneumofore SPA
*Disclaimer: Major Players sorted in no particular order
Rotary Vane Vacuum Pump Market News
- August 2022: Edwards Vacuum introduced a new two-stage oil-sealed rotary vane pump for industrial use. Edwards Vacuum's new E2S series, which includes three models, E2S45, E2S65, and E2S85, is a modern series of industrial two-stage oil-sealed rotary vane vacuum pumps for medium vacuum. The range provides an ideal balance of performance, cost, and usability. It pumps down, handles vapors, and helps to minimize the noise in the workplace. In short, a simple yet powerful rotary vane pump improves productivity and lowers costs.
- February 2022: Pumpenfabrik Wangen GmbH, a German manufacturer of progressive cavity pumps used mostly in the biogas and wastewater industries, agreed to be acquired by Atlas Copco. The company also makes twin-screw pumps used in industries such as food and beverage, and cosmetics.
Rotary Vane Vacuum Pump Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Electronics Industry Driven by IIoT and Digitalization
5.1.2 Demand for Energy-Efficient Vacuum Pumps
5.2 Market Restraints
5.2.1 Consolidation of Market Participants
6. MARKET SEGMENTATION
6.1 By End-user Industry
6.1.1 Process Industry
6.1.2 Semiconductor
6.1.3 Solar
6.1.4 Instrumentation
6.1.5 Other End-user Industries
6.2 By Geography
6.2.1 Americas
6.2.2 China
6.2.3 Japan
6.2.4 South Korea
6.2.5 Rest of Asia-Pacific
6.2.6 Europe, Middle East and Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Gardner Denver Inc.
7.1.2 Busch Holding GmbH
7.1.3 Tuthill Corporation
7.1.4 Gast Manufacturing Inc. (Idex Corporation)
7.1.5 Atlas Copco Group
7.1.6 ULVAC Technologies Inc.
7.1.7 Pneumofore SpA
7.1.8 Gebr. Becker GmbH
7.1.9 The Kurt J. Lesker Company
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Rotary Vane Vacuum Pump Industry Segmentation
A rotary vane vacuum pump is a type of oil-sealed rotary displacement pump. The pumping system consists of an eccentrically installed rotor, housing, and vanes that move radially under spring force and the inlet and outlet. The outlet valve is oil-sealed, whereas the inlet valve is designed to open the vacuum safety valve during operation. The working chamber is equipped inside the housing. Rotors and vanes divide the working house into two separate spaces having variable volumes.
The market studied is segmented by end-user industry (process industry, semiconductor, solar, instrumentation, and other end-user industries) and geography (Americas, China, Japan, South Korea, Rest of Asia-Pacific, and EMEA).
The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| By End-user Industry | |
| Process Industry | |
| Semiconductor | |
| Solar | |
| Instrumentation | |
| Other End-user Industries |
| By Geography | |
| Americas | |
| China | |
| Japan | |
| South Korea | |
| Rest of Asia-Pacific | |
| Europe, Middle East and Africa |
Rotary Vane Vacuum Pump Market Research FAQs
What is the current Rotary Vane Vacuum Pump Market size?
The Rotary Vane Vacuum Pump Market is projected to register a CAGR of 5.40% during the forecast period (2024-2029)
Who are the key players in Rotary Vane Vacuum Pump Market?
Gardner Denver Inc., Busch Holding GmbH , Atlas Copco Group , Gebr. Becker GmbH and Pneumofore SPA are the major companies operating in the Rotary Vane Vacuum Pump Market.
Which is the fastest growing region in Rotary Vane Vacuum Pump Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Rotary Vane Vacuum Pump Market?
In 2024, the North America accounts for the largest market share in Rotary Vane Vacuum Pump Market.
What years does this Rotary Vane Vacuum Pump Market cover?
The report covers the Rotary Vane Vacuum Pump Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Rotary Vane Vacuum Pump Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Rotary Vane Vacuum Pump Industry Report
Statistics for the 2024 Rotary Vane Vacuum Pump market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Rotary Vane Vacuum Pump analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
