The laboratory vacuum pumps market size has the potential to grow by USD 671.48 million during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 6.10%.
This report provides a detailed analysis of the market by product (dry vacuum pumps and rotary vane pumps), geography (Asia, Europe, North America, and ROW), and key vendors.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Laboratory Vacuum Pumps Market
Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Agilent Technologies Inc.
- Atlas Copco AB
- Ebara Corp.
- Flowserve Corp.
- IDEX Corp.
- Ingersoll Rand Inc.
- Labconco Corp.
- Thermo Fisher Scientific Inc.
- ULVAC Inc.
- VACUUBRAND GMBH CO KG
The laboratory vacuum pumps market is fragmented and the vendors are deploying growth strategies such as offering innovative and quality products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as the increasing use of highly efficient dry vacuum pumps to achieve growth opportunities. However, factors such as rising demand for refurbished products will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the laboratory vacuum pumps market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This laboratory vacuum pumps market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Laboratory Vacuum Pumps Market: Key Drivers and Trends
|
|
Grab your Free Sample now to unlock further information on other key market drivers
Laboratory Vacuum Pumps Market: Segmentation by Geography
For more insights on the market share of various regions Request for a FREE sample now!
43% of the market’s growth will originate from North America during the forecast period. The US is a key market for laboratory vacuum pumps in North America. However, market growth in this region will be slower than the growth of the market in Asia and Europe.
The significant investments in healthcare research and testing by the US will facilitate the laboratory vacuum pumps market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Laboratory Vacuum Pumps Market: Segmentation by Product
Request for a FREE sample and Get more information on the market contribution of various segments
Dry vacuum pumps are the most advanced and have numerous advantages when compared with conventional pumps. One of the prime advantages includes the non-requirement of oil, thus making it environmentally friendly. Also, dry vacuum pumps avoid the costs, including waste oil disposal and labor, direct costs of oil, as well as the time lost during an oil change. However, the laboratory vacuum pumps market share growth by the dry vacuum pumps segment will be slower than the rotary vane pumps segment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the laboratory vacuum pumps market size. Fetch actionable market insights on post COVID-19 impact on each segment.
Laboratory Vacuum Pumps Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive laboratory vacuum pumps market growth during the next five years
- Precise estimation of the laboratory vacuum pumps market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the laboratory vacuum pumps industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of laboratory vacuum pumps market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch