In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Vacuum Pump market for 2018-2023.
This report studies the Vacuum Pumps market, a vacuum pump is a device that removes gas molecules from a sealed volume in order to leave behind a partial vacuum.
This report mainly focus on industrial vacuum pump
China is the dominate producer of Vacuum Pumps in Asia-Pacific, the sales was 305.5 K Units in 2016, accounting for about 42.27% of the total amount, followed by Japan, with the production market share of 17.12%. And China expected to remain the regions with the largest growth potential in the forecast period.
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Industrial and manufacturing accounted for the largest market with about 29.99% of the Asia-Pacific consumption volume for Vacuum Pumps in 2016. Moreover, it is anticipated to grow at a CAGR of 4.36% from 2016 to 2022. With over 24.38% share in the Vacuum Pumps market, Semiconductor & Electronics was the second largest application market in 2016, and is anticipated to grow at a CAGR of 6.59%, in terms of consumption volume, from 2016 to 2022.
Under the influence of raw material, market competitions and economic conditions, the price of Vacuum Pumps was lower year by year from 742 USD/Unit in 2012 to 656 USD/Unit in 2016. The profit margin is relatively high, about 31% in 2016, and was also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.
Over the next five years, Planet Market Reports projects that Vacuum Pump will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
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This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Pump market by product type, application, key manufacturers and key regions.
To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Dry Vacuum Pumps
Liquid Ring Vacuum Pump
Rotary Vane Vacuum Pump
Segmentation by application:
Industrial and Manufacturing
Semiconductor & Electronics
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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