Market Research Industry Today
MEA Vacuum Pumps Market Expected to Reach US$ 642.0 Mn by 2025 Globally:Transparency Market Research
Vacuum Pumps Market (By Application Range - Low Vacuum Pressure, Medium Vacuum Pressure, High and Ultra-high Vacuum Pressure; By Type - Entrapment Pumps and Gas Transfer Vacuum Pumps; By End-use Application
Published 11 September 2015
According to a new market report published by Transparency Market Research “Vacuum Pumps Market - MEA Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2025” the mea vacuum pumps market, in terms of revenue, was valued at US$ 199.5 Mn in 2014 and is forecast to grow at a CAGR of 11.1% during the period 2015 to 2025. Energy demand growth and Resurgence of large project activity after economic slowdown are key factors driving the growth of vacuum pumps market. In addition, growth of more process industries in the region across verticals is further expected to drive the growth of this market over the forecast period.
The MEA Vacuum Pumps market was dominated by the low vacuum pressure range with a market share of around 47% in 2014. Packaging and conveying industries in MEA are driving the low vacuum pressure range pumps. Medium pressure vacuum pumps market share is forecast to grow at a significant rate during the forecast period 2015 to 2025. Process industries inclusive of petrochemical, chemical, pharmaceutical, plastics, food & beverages, textile and power industries are expected to drive the demand for medium low vacuum pressure range pumps in the MEA region.
Entrapment pumps and Gas Transfer pumps are two different types of vacuum pump. The MEA Vacuum Pumps market was dominated by the gas transfer pumps with a market share of around 61% in 2014. In gas transfer vacuum pumps momentum is created with a piston or propeller kind of device in the pumps which pushes the gas around the inner parts of the pump. The piston in the pump accelerates the gas and air molecules, creating an area of low pressure. The segment is projected to remain dominant in the region throughout the forecast period due to usage in the oil & gas industry.
By end-use application sector, oil & gas sector with over 36% held the largest market share in the overall MEA vacuum pumps market in terms of revenue. Small scale industries into manufacturing sector, power and process industries are increasingly deploying vacuum technologies comprising of different types of vacuum pumps for various processes.
Get Sample Report Here : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4760
GCC countries led the MEA vacuum pumps market in 2014. GCC countries held the largest share of about 30% in 2014 of the overall MEA vacuum pumps market due to strong industrial and manufacturing activities in the region. Export of non-oil products has increased during the last two decades leading to diversification of exports from primary products basically oil and petrochemical products. The market in Iran is expected to overtake the GCC countries market during the forecast period. On account of new opportunities in countries in North and South Africa and rest of MEA region vacuum pumps market is expected to grow at a CAGR of 11.1% during the forecast period 2015 to 2025.
The key manufacturers in vacuum pumps market are Gardner Denver, Inc., Pfeiffer Vacuum GmbH, ULVAC, Inc., Oerlikon Leybold Vacuum GmbH, Atlas Copco AB, Tuthill Corporation, Graham Corporation, Dekker Vacuum Technologies, Inc., Ebara Corporation and Sterling SIHI GmbH among others.
Browse the full Vacuum Pumps Market (By Application Range - Low Vacuum Pressure, Medium Vacuum Pressure, High and Ultra-high Vacuum Pressure; By Type – Entrapment Pumps and Gas Transfer Vacuum Pumps; By End-use Application - Oil & Gas, Industrial and Manufacturing, Power, Chemical Processing, Semiconductor & Electronics and Others) - MEA Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2025 report at http://www.transparencymarketresearch.com/mea-vacuum-pumps-market.html
The MEA Vacuum Pumps market has been segmented as follows:
Vacuum Pumps Market, by Application Range
- Low vacuum Pressure
- Medium vacuum Pressure
- High and Ultra-high vacuum pressure
Vacuum Pumps Market, by Type
- Entrapment Pumps
- Gas Transfer Vacuum Pumps
Vacuum Pumps Market, by End-use Application
- Oil & Gas
- Industrial and Manufacturing
- Power
- Chemical Processing
- Semiconductor & Electronics
- Others
Vacuum Pumps Market, by Country
- Iran
- Iraq
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.
Mr. Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Share on Social Media
Contact Information
Mr. Rohit Bhisey
Transparency Market Research
State Tower, 90 State Street,
Suite 700,
Albany
12207
+91- 8600924083
http://www.transparencymarketresearch.com/
Other Industry News
Ready to start publishing
Sign Up today!
