Market Overview:
The global vacuum electromagnetic valve market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for vacuum electromagnetic valves from various end-use industries, such as petrochemical, metallurgical and nuclear industries. In addition, the growing demand for miniaturization and automation in various industrial applications is also contributing to the growth of this market. Based on type, the global vacuum electromagnetic valve market can be segmented into low vacuum valves, high vacuum valves and ultra-high vacuum valves. Among these segments, high Vacuum Valve held a dominant share in 2017 and is expected to continue its dominance during the forecast period from 2018 to 2030. This segment is projected to grow at a CAGR of 5% during the forecast period from 2018to 2030 due To Increasing Demand From Petrochemical Industry And Metallurgical Industry Applications . Low Vacuum Valve Segment Is Projected To Grow At A Higher Rate Than High Vacuum Valve Segment During The Forecast Period Due To Increasing Demand From Nuclear Industry And Other Applications .
Product Definition:
A vacuum electromagnetic valve is a type of valve that uses an electromagnet to control the flow of fluid through it. The valve is opened and closed by changing the polarity of the electromagnet, allowing it to control the flow of fluid through it. Vacuum electromagnetic valves are used in a variety of applications, including pumps, valves, and meters.
Low Vacuum Valve:
Low vacuum valve is a device that controls the flow of high vacuum in systems. It is used to seal off areas or circuits from low pressure and High Vacuum (HV) environments. The product finds application in semiconductor manufacturing, food processing, automotive industry and other industries where cleanliness is essential.
High Vacuum Valve:
High vacuum valve is a device used to control the flow of high vacuum. It is also known as “valve” or “controller valve” which controls the pressure in High Vacuum System (HVAC). The most commonly used valves are mechanical, electro-mechanical, and pneumatic.
Application Insights:
Petrochemical industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this industry can be attributed to increasing demand for crude oil and natural gas across the globe. Vacuum electromagnetic valves are used in various processes including crude oil refining, petrochemical production, etc., which require a high degree of purity as well as pressure within a pipeline system.
The use of VEVs enables precise control over flow rates within pipelines while eliminating any cross-pressure or back-pressure without affecting flow rate outside the valve. This makes it suitable for applications where extreme pressure or purity needs to be maintained such as during chemical processing at a refinery site or other industrial facilities handling highly hazardous materials (HIM).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for vacuum valves in industries such as metallurgy, petrochemical, and oil & gas. The growing nuclear power sector in China and India is also likely to drive the regional market growth over the forecast period. Furthermore, rapid industrialization coupled with favorable government policies aimed at promoting investments from foreign players will further propel product demand in this region.
The North America market accounted for a significant share of revenue due to high consumption levels of vacuum valves across major end-use sectors including energy (petrochemical), food & beverage (bottled water), pharmaceuticals (vacuum packaging machines) and others.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing popularity of semiconductor vacuum devices in automotive and industrial applications
- Rising demand for energy-efficient and high-performance electronics products
- Proliferation of MEMS technology across various industry verticals
- Emergence of next-generation 5G communication networks
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Electromagnetic Valve Market Research Report
By Type
Low Vacuum Valve, High Vacuum Valve, Ultra-high Vacuum Valve
By Application
Petrochemical Industry, Metallurgical Industry, Nuclear Industry, Others
By Companies
CKD, KOGANEI, PISCO, SMC, ORION, Convum, AYUMI, FUJIKIN, YOSHITAKE, VENN, CKD, TACO
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Electromagnetic Valve Market Report Segments:
The global Vacuum Electromagnetic Valve market is segmented on the basis of:
Types
Low Vacuum Valve, High Vacuum Valve, Ultra-high Vacuum Valve
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
Petrochemical Industry, Metallurgical Industry, Nuclear Industry, Others
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:
- CKD
- KOGANEI
- PISCO
- SMC
- ORION
- Convum
- AYUMI
- FUJIKIN
- YOSHITAKE
- VENN
- CKD
- TACO
Highlights of The Vacuum Electromagnetic Valve 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:
- Low Vacuum Valve
- High Vacuum Valve
- Ultra-high Vacuum Valve
- By Application:
- Petrochemical Industry
- Metallurgical Industry
- Nuclear Industry
- Others
- 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 Electromagnetic Valve 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 electromagnetic valve is a device that can be used to control the flow of air or gas. It works by using an electromagnet to create a small gap in the pressure between two chambers. This allows gases or air to pass through, but prevents liquid from entering or exiting the chamber.
Some of the key players operating in the vacuum electromagnetic valve market are CKD, KOGANEI, PISCO, SMC, ORION, Convum, AYUMI, FUJIKIN, YOSHITAKE, VENN, CKD, TACO.
The vacuum electromagnetic valve 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 Electromagnetic Valve 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 Electromagnetic Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Electromagnetic Valve 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 Electromagnetic Valve 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 Electromagnetic Valve Market Size & Forecast, 2020-2028
4.5.1 Vacuum Electromagnetic Valve Market Size and Y-o-Y Growth
4.5.2 Vacuum Electromagnetic Valve Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Low Vacuum Valve
5.2.2 High Vacuum Valve
5.2.3 Ultra-high Vacuum Valve
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Petrochemical Industry
6.2.2 Metallurgical Industry
6.2.3 Nuclear Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Electromagnetic Valve 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 Electromagnetic Valve 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Low Vacuum Valve
9.6.2 High Vacuum Valve
9.6.3 Ultra-high Vacuum Valve
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 Market Size Forecast by Applications
9.10.1 Petrochemical Industry
9.10.2 Metallurgical Industry
9.10.3 Nuclear Industry
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Low Vacuum Valve
10.6.2 High Vacuum Valve
10.6.3 Ultra-high Vacuum Valve
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 Market Size Forecast by Applications
10.10.1 Petrochemical Industry
10.10.2 Metallurgical Industry
10.10.3 Nuclear Industry
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Low Vacuum Valve
11.6.2 High Vacuum Valve
11.6.3 Ultra-high Vacuum Valve
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 Market Size Forecast by Applications
11.10.1 Petrochemical Industry
11.10.2 Metallurgical Industry
11.10.3 Nuclear Industry
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Low Vacuum Valve
12.6.2 High Vacuum Valve
12.6.3 Ultra-high Vacuum Valve
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 Market Size Forecast by Applications
12.10.1 Petrochemical Industry
12.10.2 Metallurgical Industry
12.10.3 Nuclear Industry
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Low Vacuum Valve
13.6.2 High Vacuum Valve
13.6.3 Ultra-high Vacuum Valve
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) Market Size Forecast by Applications
13.10.1 Petrochemical Industry
13.10.2 Metallurgical Industry
13.10.3 Nuclear Industry
13.10.4 Others
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 Electromagnetic Valve Market: Competitive Dashboard
14.2 Global Vacuum Electromagnetic Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CKD
14.3.2 KOGANEI
14.3.3 PISCO
14.3.4 SMC
14.3.5 ORION
14.3.6 Convum
14.3.7 AYUMI
14.3.8 FUJIKIN
14.3.9 YOSHITAKE
14.3.10 VENN
14.3.11 CKD
14.3.12 TACO
