Market Overview:
The global vacuum compensator market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for vacuum compensators in various applications such as mechanics, electronics, packing, printing, plastic and robot among others. In addition, the growing demand for miniaturization and precision in various industrial applications is also fueling the growth of this market. However, fluctuating prices of raw materials may restrain the growth of this market to some extent during the forecast period. On basis of type, length compensators are expected to hold a major share in global vacuum compensator market during forecast period owing to their ability to compensate for errors introduced by variations in length between two points on an object or system under test.
Product Definition:
A vacuum compensator is a device used to maintain a constant pressure differential between two points in a piping system. It is important for maintaining the efficiency of piping systems and preventing the formation of vapor locks.
Length Compensator:
The length compensator is a device that helps in maintaining the balance between positive and negative ions in an electric field. It does this by absorbing or emitting ions as they approach or leave the chamber respectively. The length of these absorbers and emitters can be varied to control their ionization levels which thereby controls the voltage across any semiconductor device it comes across.
In vacuum chambers, there are usually two types of devices: those with emittance greater than 1mm.
Angle Compensator:
The angle compensator is a device used to correct errors in the rotary drilling process. It works on the principle of centrifugal force which increases as the drill string goes down into the wellbore. The angle compensator creates artificial lift and reduces torque, thus allowing higher speed for drilling operations.
Application Insights:
Mechanics was the largest application segment in the global vacuum compensator market and accounted for a revenue share of more than 40% in 2017. Vacuum is generated inside the machine by using air pressure difference between outer atmospheric layer and inner vacuum chamber. The generated vacuum is used to pull metal parts, which are out of position, back into their original alignment. Such type of machines are widely used in automotive industry as well as other industrial applications to align or fix misalignment problems with high precision and quality.
The electronics segment is expected to expand at a CAGR exceeding 6% from 2018 to 2030 owing to rising demand for electronic devices across various end-use industries including medical equipment, consumer durables, etc.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to the increasing number of electronics and mechaniics plants in China, India, Taiwan, and South Korea. Moreover, rising investments by domestic manufacturers such as Wistron Corporation; Quanta Computer Inc.; Inventec Corp.; Foxconn Technology Group; Compal Electronics Inc.; and Pegatron Corporation are expected to drive the demand for vacuuming equipment over the forecast period.
North America accounted for a significant share in 2017 owing to high R&D investment by companies pertaining towards developing advanced technology products using vacuum techniques such as suction cups and sucking devices that can pull heavy weight objects through air or water mediums at great speeds with minimal effort.
Growth Factors:
- Increasing demand for vacuum compensators in the oil and gas industry to maintain the stability of pipelines during transportation of crude oil and natural gas.
- Growing popularity of vacuum compensators in water treatment plants to reduce water hammering problems.
- Rising demand for vacuum compensators in power generation plants to minimize damage caused by transient over-voltages on the electrical grid system.
- Increasing installation of vacuum compensators in chemical processing plants to avoid liquid slugging and cavitation phenomena during fluid handling processes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Compensator Market Research Report
By Type
Length Compensator, Angle Compensator, Other
By Application
Mechanics, Electronics, Packing, Printing, Plastic, Robot, Other
By Companies
Festo, COVAL, Gimatic, VMECA, VacMotion, Pneumax Holding SpA, Hydradyne
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Compensator Market Report Segments:
The global Vacuum Compensator market is segmented on the basis of:
Types
Length Compensator, Angle Compensator, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mechanics, Electronics, Packing, Printing, Plastic, Robot, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Festo
- COVAL
- Gimatic
- VMECA
- VacMotion
- Pneumax Holding SpA
- Hydradyne
Highlights of The Vacuum Compensator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Length Compensator
- Angle Compensator
- Other
- By Application:
- Mechanics
- Electronics
- Packing
- Printing
- Plastic
- Robot
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vacuum Compensator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A vacuum compensator is a device that helps to maintain the pressure in an engine while it's being operated at high speeds. It does this by using the atmospheric pressure to create a negative pressure inside the engine, which helps to keep air and gas from entering and causing damage.
Some of the major players in the vacuum compensator market are Festo, COVAL, Gimatic, VMECA, VacMotion, Pneumax Holding SpA, Hydradyne.
The vacuum compensator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vacuum Compensator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vacuum Compensator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Compensator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vacuum Compensator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vacuum Compensator Market Size & Forecast, 2018-2028
4.5.1 Vacuum Compensator Market Size and Y-o-Y Growth
4.5.2 Vacuum Compensator Market Absolute $ Opportunity
Chapter 5 Global Vacuum Compensator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vacuum Compensator Market Size Forecast by Type
5.2.1 Length Compensator
5.2.2 Angle Compensator
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vacuum Compensator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vacuum Compensator Market Size Forecast by Applications
6.2.1 Mechanics
6.2.2 Electronics
6.2.3 Packing
6.2.4 Printing
6.2.5 Plastic
6.2.6 Robot
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Compensator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vacuum Compensator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vacuum Compensator Analysis and Forecast
9.1 Introduction
9.2 North America Vacuum Compensator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vacuum Compensator Market Size Forecast by Type
9.6.1 Length Compensator
9.6.2 Angle Compensator
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vacuum Compensator Market Size Forecast by Applications
9.10.1 Mechanics
9.10.2 Electronics
9.10.3 Packing
9.10.4 Printing
9.10.5 Plastic
9.10.6 Robot
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vacuum Compensator Analysis and Forecast
10.1 Introduction
10.2 Europe Vacuum Compensator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vacuum Compensator Market Size Forecast by Type
10.6.1 Length Compensator
10.6.2 Angle Compensator
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vacuum Compensator Market Size Forecast by Applications
10.10.1 Mechanics
10.10.2 Electronics
10.10.3 Packing
10.10.4 Printing
10.10.5 Plastic
10.10.6 Robot
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vacuum Compensator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vacuum Compensator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vacuum Compensator Market Size Forecast by Type
11.6.1 Length Compensator
11.6.2 Angle Compensator
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vacuum Compensator Market Size Forecast by Applications
11.10.1 Mechanics
11.10.2 Electronics
11.10.3 Packing
11.10.4 Printing
11.10.5 Plastic
11.10.6 Robot
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vacuum Compensator Analysis and Forecast
12.1 Introduction
12.2 Latin America Vacuum Compensator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vacuum Compensator Market Size Forecast by Type
12.6.1 Length Compensator
12.6.2 Angle Compensator
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vacuum Compensator Market Size Forecast by Applications
12.10.1 Mechanics
12.10.2 Electronics
12.10.3 Packing
12.10.4 Printing
12.10.5 Plastic
12.10.6 Robot
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vacuum Compensator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vacuum Compensator Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vacuum Compensator Market Size Forecast by Type
13.6.1 Length Compensator
13.6.2 Angle Compensator
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vacuum Compensator Market Size Forecast by Applications
13.10.1 Mechanics
13.10.2 Electronics
13.10.3 Packing
13.10.4 Printing
13.10.5 Plastic
13.10.6 Robot
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vacuum Compensator Market: Competitive Dashboard
14.2 Global Vacuum Compensator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Festo
14.3.2 COVAL
14.3.3 Gimatic
14.3.4 VMECA
14.3.5 VacMotion
14.3.6 Pneumax Holding SpA
14.3.7 Hydradyne
