Market Overview:
The global Turbo Molecular Pumps market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for vacuum processing in various industries and the growing adoption of nanotechnology instruments and analytical instrumentation. Additionally, the rising demand for turbo molecular pumps from emerging economies is also contributing to the growth of this market. However, factors such as high initial cost and replacement costs are restraining the growth of this market. On basis of type, magnetically suspended type turbo molecular pumps held a major share in 2017 and is expected to continue its dominance during the forecast period from 2018 to 2030. This can be attributed to their high efficiency and low noise levels as compared with other types of turbo molecular pumps available in the market.
Product Definition:
A turbo molecular pump is a type of gas pump that uses centrifugal force to increase the speed of gas molecules. This type of pump is important for many industrial and scientific applications, including the production of semiconductors and lasers.
Magnetically Suspended Type:
Magnetically suspended type (MST) is a new technology that was developed to overcome the limitations of the conventional turbo molecular pumps. Conventional MSTs were based on piezoelectric or electromagnetic levitation, where a strong external magnetic field was used to keep the molecules in suspension. However, this approach had several drawbacks such as high consumption of energy and requirement for bulky external magnetic fields which resulted in low efficiency and increased cost.
Oil Lubricated Type:
The oil lubricated type is used in turbo molecular pumps for the transportation of fluids at high pressure and temperature. The main function of a turbo molecular pump (TMP) is to transfer liquids or slurries with maximum efficiency under conditions where flow rate and viscosity are constant.
Application Insights:
The industrial vacuum processing application segment led the global market in 2017. This is attributed to the rising demand for high-quality products from various industries, such as oil and gas, pharmaceuticals, food and beverages, chemical and petroleum refineries. The product plays a significant role in industrial vacuum processing applications owing to its ability to provide an ultra-high vacuum of approximately 10-6 Torr or lower at room temperature within seconds.
Nanotechnology instruments are anticipated to witness lucrative growth over the forecast period due largely to increasing investments in research activities pertaining nanoscience & nanotechnology across several countries worldwide. Furthermore, growing R&D investments pertaining Nanotechology are further expected fuel industry expansion during the forecast period leading into 2030.
Regional Analysis:
North America dominated the market in terms of revenue share in 2017. The U.S.-based companies are at the forefront of innovation and technological advancement, which is expected to have a positive impact on regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the coming years owing to increasing demand for high-performance analytical equipment from various end-use industries, such as pharmaceuticals and chemicals.
Latin America has also been witnessing steady economic growth since 2014, which was preceded by an upsurge in political instability across major countries such as Brazil and Venezuela that negatively impacted global trade activity within this region significantly.
Growth Factors:
- Increasing demand for semiconductor and nanotechnology products
- Growing number of research and development activities in the field of life sciences
- Rising adoption of Turbo Molecular Pumps in pharmaceuticals and biotechnology industries
- Technological advancements in Turbo Molecular Pumps design
- Increasing investments by leading players to strengthen their product offerings
Scope Of The Report
Report Attributes
Report Details
Report Title
Turbo Molecular Pumps Market Research Report
By Type
Magnetically Suspended Type, Oil Lubricated Type, Others
By Application
Industrial Vacuum Processing, Nanotechnology Instruments, Analytical Instrumentation, Others
By Companies
Edwards, Pfeiffer, Osaka Vacuum, Ltd., KYKY Vacuum, Ulvac, Shimadzu Corporation, Ebara Technologies, Inc, Leybold, Busch, Agilent Turbomolecular
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Turbo Molecular Pumps Market Report Segments:
The global Turbo Molecular Pumps market is segmented on the basis of:
Types
Magnetically Suspended Type, Oil Lubricated Type, Others
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
Industrial Vacuum Processing, Nanotechnology Instruments, Analytical Instrumentation, 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:
- Edwards
- Pfeiffer
- Osaka Vacuum, Ltd.
- KYKY Vacuum
- Ulvac
- Shimadzu Corporation
- Ebara Technologies, Inc
- Leybold
- Busch
- Agilent Turbomolecular
Highlights of The Turbo Molecular Pumps 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:
- Magnetically Suspended Type
- Oil Lubricated Type
- Others
- By Application:
- Industrial Vacuum Processing
- Nanotechnology Instruments
- Analytical Instrumentation
- 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 Turbo Molecular Pumps 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?
Turbo Molecular Pumps are a type of pump that uses a high-speed rotating impeller to move fluid. They are used in industrial and scientific applications, such as water treatment and oil production.
Some of the major players in the turbo molecular pumps market are Edwards, Pfeiffer, Osaka Vacuum, Ltd., KYKY Vacuum, Ulvac, Shimadzu Corporation, Ebara Technologies, Inc, Leybold, Busch, Agilent Turbomolecular.
The turbo molecular pumps market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Turbo Molecular Pumps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Turbo Molecular Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Turbo Molecular Pumps Market - Supply Chain
4.5. Global Turbo Molecular Pumps Market Forecast
4.5.1. Turbo Molecular Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Turbo Molecular Pumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Turbo Molecular Pumps Market Absolute $ Opportunity
5. Global Turbo Molecular Pumps Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Turbo Molecular Pumps Market Size and Volume Forecast by Type
5.3.1. Magnetically Suspended Type
5.3.2. Oil Lubricated Type
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Turbo Molecular Pumps Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Turbo Molecular Pumps Market Size and Volume Forecast by Application
6.3.1. Industrial Vacuum Processing
6.3.2. Nanotechnology Instruments
6.3.3. Analytical Instrumentation
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Turbo Molecular Pumps Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Turbo Molecular Pumps Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Turbo Molecular Pumps Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Turbo Molecular Pumps Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Turbo Molecular Pumps Demand Share Forecast, 2019-2026
9. North America Turbo Molecular Pumps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Turbo Molecular Pumps Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Turbo Molecular Pumps Market Size and Volume Forecast by Application
9.4.1. Industrial Vacuum Processing
9.4.2. Nanotechnology Instruments
9.4.3. Analytical Instrumentation
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Turbo Molecular Pumps Market Size and Volume Forecast by Type
9.7.1. Magnetically Suspended Type
9.7.2. Oil Lubricated Type
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Turbo Molecular Pumps Demand Share Forecast, 2019-2026
10. Latin America Turbo Molecular Pumps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Turbo Molecular Pumps Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Turbo Molecular Pumps Market Size and Volume Forecast by Application
10.4.1. Industrial Vacuum Processing
10.4.2. Nanotechnology Instruments
10.4.3. Analytical Instrumentation
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Turbo Molecular Pumps Market Size and Volume Forecast by Type
10.7.1. Magnetically Suspended Type
10.7.2. Oil Lubricated Type
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Turbo Molecular Pumps Demand Share Forecast, 2019-2026
11. Europe Turbo Molecular Pumps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Turbo Molecular Pumps Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Turbo Molecular Pumps Market Size and Volume Forecast by Application
11.4.1. Industrial Vacuum Processing
11.4.2. Nanotechnology Instruments
11.4.3. Analytical Instrumentation
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Turbo Molecular Pumps Market Size and Volume Forecast by Type
11.7.1. Magnetically Suspended Type
11.7.2. Oil Lubricated Type
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Turbo Molecular Pumps Demand Share, 2019-2026
12. Asia Pacific Turbo Molecular Pumps Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Turbo Molecular Pumps Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Turbo Molecular Pumps Market Size and Volume Forecast by Application
12.4.1. Industrial Vacuum Processing
12.4.2. Nanotechnology Instruments
12.4.3. Analytical Instrumentation
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Turbo Molecular Pumps Market Size and Volume Forecast by Type
12.7.1. Magnetically Suspended Type
12.7.2. Oil Lubricated Type
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Turbo Molecular Pumps Demand Share, 2019-2026
13. Middle East & Africa Turbo Molecular Pumps Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Turbo Molecular Pumps Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Turbo Molecular Pumps Market Size and Volume Forecast by Application
13.4.1. Industrial Vacuum Processing
13.4.2. Nanotechnology Instruments
13.4.3. Analytical Instrumentation
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Turbo Molecular Pumps Market Size and Volume Forecast by Type
13.7.1. Magnetically Suspended Type
13.7.2. Oil Lubricated Type
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Turbo Molecular Pumps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Turbo Molecular Pumps Market: Market Share Analysis
14.2. Turbo Molecular Pumps Distributors and Customers
14.3. Turbo Molecular Pumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Edwards
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pfeiffer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Osaka Vacuum, Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KYKY Vacuum
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ulvac
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shimadzu Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ebara Technologies, Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Leybold
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Busch
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Agilent Turbomolecular
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
