Turbo Molecular Pumps Market Scope
Turbomolecular pump is a type of vacuum pump which works on the principle that gas molecules can be given momentum in the desired direction by repeated collision with a moving solid surface. Increasing production of electronic equipment lifts the need for semiconductors which boosts the demand for Turbomolecular pumps. Further, technological advancement in the turbomolecular pumps for analytical Instrumentation rising the demand for Turbomolecular pumps.
The market study is being classified by Type (Magnetically Levitated, Oil Lubricated and Hybrid), by Application (Nanotechnology Instruments, Analytical Instrumentation, Industrial Vacuum Processing and Others) and major geographies with country level break-up. According to AMA, the Global Turbo Molecular Pumps market is expected to see growth rate of 5.3%
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Turbo Molecular Pumps market throughout the predicted period.
Agilent Technologies, Inc. (United States), Atlas Copco (Sweden), Busch Vacuum India Pvt. Ltd. (India), Ebara Technologies, Inc. (United States), KYKY Technology Co. Ltd. (China), Osaka Vacuum, Ltd. (United States), Pfeiffer Vacuum GmbH (Germany), Shimadzu Corporation (Japan), Ulvac Inc. (Japan), Edwards Vacuum (United States) and Leybold GmbH (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are ThomasNet (United States), Welch vacuum (Germany) and Kurt J. Lesker Company (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Turbo Molecular Pumps market by Type, Application and Region.
On the basis of geography, the market of Turbo Molecular Pumps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline Retail will boost the Turbo Molecular Pumps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
26th June 2018, Shimadzu Corporation acquires Infraserv Vakuumservice GmbH engages in servicing turbomolecular pumps in Europe. This acquisition will help them Strengthening turbomolecular pump sales and service capabilities in Europe.
Market Trend
- Increasing Application of Turbo Molecular Pumps in Ultra High Vacuum System
Market Drivers
- Increasing Production of Electronic Equipment
- Development in Semiconductor Industry
Opportunities
- Increasing Applications of Turbo Molecular Pumps in Analytical Instrumentation
- Technological Advancement in Turbo Molecular Pumps
Restraints
- High Manufacturing Cost Associated With Turbo Molecular Pumps
- Noise and Vibration Problems Cause By Turbo Molecular Pumps
Challenges
- Increasing Efficiency of Turbo Molecular Pumps
Key Target Audience
Manufacturers of Turbo Molecular Pumps, Raw Material Suppliers of Turbo Molecular Pumps, Providers of Technologies Used for Manufacturing Turbo Molecular Pumps, Traders, Distributors, and Suppliers of Turbo Molecular Pumps, End-use Industries, Government and Regional Agencies and Research Organizations, Investment Research Firms, Government and Research Organizations, Associations and Industrial Bodies and Research and Consulting Firms
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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