Market Overview:
The global vacuum generator blanking plug 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 generators in various applications such as manufacture, automobile, and others. In addition, the growing demand for vacuum generators from emerging economies is also contributing to the growth of this market. On the basis of type, the global vacuum generator blanking plug market can be segmented into aluminium, plastic, stainless steel and other types. Among these types, aluminium is expected to witness highest growth during the forecast period owing to its properties such as light weight and corrosion resistance. On the basis of application, automotive is expected to account for majority share in terms of revenue in 2018 followed by manufacture sector.
Product Definition:
A vacuum generator blanking plug is a component of a vacuum generation system that is used to seal off the opening in the vacuum generator when it is not in use. This helps to prevent the loss of vacuum and ensures that the system remains sealed when not in use.
Aluminium:
Aluminum is a metal, Al has many different alloys which are used in Vacuum Generator Blanking Plug (VGBP) market. It has various properties such as high strength, ductility and lightweight. These properties make it suitable for use in VGBP industry.
Aluminum is produced by the alchemical transformation of bauxite/alumina trioxide and cast iron; it can also be obtained as an alloy with other metals such as copper or zinc.
Plastic:
Plastic is a widely used material for vacuum generator blanking plug manufacturing. It can be classified as synthetic or natural based on its origin and properties. Synthetic plastic is produced from petroleum products while natural plastic is derived from sources like plants, milk, and eggs. Vacuum generator blanking plugs are used to seal the vacuum generators in order to avoid any type of leakage during transportation and installation process.
Application Insights:
The other application segment includes medical, aerospace and defense. The product is widely used in the automobile industry owing to its ability to provide clean air for the engine. It also has applications in medical equipment and industrial machinery as it provides stable power supply and eliminates electrical hazards due to short circuits. Vacuum generator blanking plug is expected to be one of the prominent products used by manufacturers across various industries owing to its ability to eliminate hazardous waste gases such as carbon monoxide, nitrogen oxides (NOx) from production processes that use electricity during manufacturing activities.
Vacuum generators are extensively used in several electronic devices such as computers, laptops etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing automobile production in China, India, Japan and South Korea. Moreover, countries such as Taiwan are also included in this region due to their strong economic relations with China. Countries like these have been contributing significantly towards industrial development by introducing new technologies within their industries which has led them to dominate the manufacturing sector globally.
The demand for vacuum generators is anticipated to grow steadily over the next eight years owing to growing construction activities across developing economies including Brazil, Mexico and Russia among others which will lead them into becoming major consumers of blanking plugs during that period (2018-2030). Blanking plug manufacturers based out of Europe are also expected gain significant share owing high consumption levels associated with automotive production along with other applications present across various end-use industries such as medical & healthcare equipment manufacturing facilities located within Germany; France; Italy; U.
Growth Factors:
- Increasing demand for vacuum generators in the automotive and aerospace industries
- Growing popularity of vacuum generators among small and medium-sized businesses
- Rising demand for Vacuum Generator Blanking Plug from the medical industry
- Proliferation of online shopping platforms that offer Vacuum Generator Blanking Plug at competitive prices
- Increasing number of research and development activities aimed at improving the performance of vacuum generators
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Generator Blanking Plug Market Research Report
By Type
Aluminium, Plastic, Stainless Steel, Other
By Application
Manufacture, Automobile, Other
By Companies
Festo, Easy Composites, LDS, Aeroflow Performance Products, VAC Innovation, ANCORP, SMC
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Generator Blanking Plug Market Report Segments:
The global Vacuum Generator Blanking Plug market is segmented on the basis of:
Types
Aluminium, Plastic, Stainless Steel, 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
Manufacture, Automobile, 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
- Easy Composites
- LDS
- Aeroflow Performance Products
- VAC Innovation
- ANCORP
- SMC
Highlights of The Vacuum Generator Blanking Plug 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:
- Aluminium
- Plastic
- Stainless Steel
- Other
- By Application:
- Manufacture
- Automobile
- 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 Generator Blanking Plug 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 Generator Blanking Plug is a device that is used to temporarily interrupt the flow of electricity to a vacuum generator. This plug is inserted into the power supply line in order to disable the vacuum generator.
Some of the major players in the vacuum generator blanking plug market are Festo, Easy Composites, LDS, Aeroflow Performance Products, VAC Innovation, ANCORP, SMC.
The vacuum generator blanking plug market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vacuum Generator Blanking Plug 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 Generator Blanking Plug Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Generator Blanking Plug 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 Generator Blanking Plug 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 Generator Blanking Plug Market Size & Forecast, 2018-2028
4.5.1 Vacuum Generator Blanking Plug Market Size and Y-o-Y Growth
4.5.2 Vacuum Generator Blanking Plug Market Absolute $ Opportunity
Chapter 5 Global Vacuum Generator Blanking Plug 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 Generator Blanking Plug Market Size Forecast by Type
5.2.1 Aluminium
5.2.2 Plastic
5.2.3 Stainless Steel
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vacuum Generator Blanking Plug 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 Generator Blanking Plug Market Size Forecast by Applications
6.2.1 Manufacture
6.2.2 Automobile
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Generator Blanking Plug 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 Generator Blanking Plug 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 Generator Blanking Plug Analysis and Forecast
9.1 Introduction
9.2 North America Vacuum Generator Blanking Plug 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 Generator Blanking Plug Market Size Forecast by Type
9.6.1 Aluminium
9.6.2 Plastic
9.6.3 Stainless Steel
9.6.4 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 Generator Blanking Plug Market Size Forecast by Applications
9.10.1 Manufacture
9.10.2 Automobile
9.10.3 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 Generator Blanking Plug Analysis and Forecast
10.1 Introduction
10.2 Europe Vacuum Generator Blanking Plug 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 Generator Blanking Plug Market Size Forecast by Type
10.6.1 Aluminium
10.6.2 Plastic
10.6.3 Stainless Steel
10.6.4 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 Generator Blanking Plug Market Size Forecast by Applications
10.10.1 Manufacture
10.10.2 Automobile
10.10.3 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 Generator Blanking Plug Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vacuum Generator Blanking Plug 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 Generator Blanking Plug Market Size Forecast by Type
11.6.1 Aluminium
11.6.2 Plastic
11.6.3 Stainless Steel
11.6.4 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 Generator Blanking Plug Market Size Forecast by Applications
11.10.1 Manufacture
11.10.2 Automobile
11.10.3 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 Generator Blanking Plug Analysis and Forecast
12.1 Introduction
12.2 Latin America Vacuum Generator Blanking Plug 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 Generator Blanking Plug Market Size Forecast by Type
12.6.1 Aluminium
12.6.2 Plastic
12.6.3 Stainless Steel
12.6.4 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 Generator Blanking Plug Market Size Forecast by Applications
12.10.1 Manufacture
12.10.2 Automobile
12.10.3 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 Generator Blanking Plug Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vacuum Generator Blanking Plug 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 Generator Blanking Plug Market Size Forecast by Type
13.6.1 Aluminium
13.6.2 Plastic
13.6.3 Stainless Steel
13.6.4 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 Generator Blanking Plug Market Size Forecast by Applications
13.10.1 Manufacture
13.10.2 Automobile
13.10.3 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 Generator Blanking Plug Market: Competitive Dashboard
14.2 Global Vacuum Generator Blanking Plug Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Festo
14.3.2 Easy Composites
14.3.3 LDS
14.3.4 Aeroflow Performance Products
14.3.5 VAC Innovation
14.3.6 ANCORP
14.3.7 SMC
