DUBLIN--(BUSINESS WIRE)--The "Global Laboratory Vacuum Pumps Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The laboratory vacuum pumps market will register a CAGR of over 4% by 2023.
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.
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.
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.
Report Summary:
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 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.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Dry vacuum pumps - Market size and forecast 2018-2023
- Rotary vane pumps - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increased application in laboratories and semiconductor processing
- Technological advances
- Increase in M&A
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Agilent Technologies
- EBARA
- Gardner Denver
- Graham
- ULVAC
PART 14: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/3tlfnl/global_laboratory?w=4
