Global Turbomolecular Pumps Market

Global Turbomolecular Pumps Market Size, Share, Growth Analysis, By Type(High vacuum and ultra-high vacuum pumps), By End-user(Electronics, pharmaceuticals) - Industry Forecast 2024-2031

Report ID: SQMIG35A2488 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 61 | Figures: 75

Global Turbomolecular Pumps Market News

  • In February 2023, ULVAC Technologies acquired KYKY Vacuum for an undisclosed amount.
  • In March 2023, Ebara Corporation acquired Osaka Vacuum for USD 3.5 billion.
  • In July 2023, Edwards launched a compact and lightweight dry scroll pump to offer vacuum users more choice when selecting a dry pump for their applications. The new mXDS3 with a pumping speed 3m3h-1 builds on the established Edwards nXDS scroll pump experience and extends the current small dry pump range from 3 up to 120m3h-1.
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Global Turbomolecular Pumps Market size was valued at USD 1.45 billion in 2022 and is poised to grow from USD 1.52 billion in 2023 to USD 2.21 billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031).

The global turbomolecular pumps market features intense competition among key players striving for technological advancements and market expansion. Established companies like Edwards Vacuum, Pfeiffer Vacuum, and Agilent Technologies dominate the market with their innovative pump solutions, extensive distribution networks, and strong R&D capabilities. New entrants such as Shimadzu Corporation and KYKY Vacuum exhibit potential for disruption through novel designs and strategic partnerships. The market's competitiveness is fueled by the growing demand for high-vacuum applications in semiconductor manufacturing, research, and industrial processes, prompting companies to continuously enhance their product portfolios and service offerings to gain a competitive edge. 'Edwards Vacuum - United Kingdom', 'Agilent Technologies - USA', 'Shimadzu Corporation - Japan', 'Pfeiffer Vacuum - Germany', 'Leybold GmbH - Germany', 'Osaka Vacuum - Japan', 'ULVAC Technologies - Japan', 'Anest Iwata Corporation - Japan', 'Ebara Corporation - Japan', 'KYKY Technology Co., Ltd. - China', 'INFICON - Switzerland', 'Welch Vacuum (part of Gardner Denver) - USA', 'Gamma Vacuum (part of Pfeiffer Vacuum) - USA', 'Osaka Vacuum Ltd. - Japan', 'Leybold USA Inc. (part of Atlas Copco) - USA', 'Kashiyama Industries Ltd. - Japan', 'Sogevac (part of Leybold) - Germany', 'Varian, Inc. (now Agilent Technologies) - USA', 'Ulvac Cryogenics Inc. - Japan', 'Duniway Stockroom Corp. - USA'

The semiconductor industry is a major driver for the turbomolecular pump market. As semiconductor technology advances, there is a continuous demand for higher levels of vacuum in the manufacturing process to reduce contamination and improve device performance. Turbomolecular pumps are crucial for achieving the ultra-high vacuum conditions required in semiconductor fabrication.

Growing Demand for High Vacuum Applications: Turbomolecular pumps are widely used in high vacuum applications such as semiconductor manufacturing, thin film deposition, and research laboratories. The increasing demand for these applications, especially in industries like electronics and optics, was driving the growth of the turbomolecular pumps market. The trend towards miniaturization of electronic devices and advancements in nanotechnology further boosted the demand for high vacuum technologies, benefiting the turbomolecular pump market.

North America, especially the United States, has a strong presence in the semiconductor industry and research sectors. This drives the demand for turbomolecular pumps. Research institutions, universities, and high-tech companies contribute to the growth of the market in this region.

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Global Turbomolecular Pumps Market

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