On November 2024, ULVAC, a leading global manufacturer of vacuum equipment announced the launch of its innovative oil rotary vacuum pump Gv135. This cutting-edge pump is designed to deliver unparalleled performance, reliability, and efficiency in various applications.
The Gv135 oil rotary vacuum pump boasts a range of impressive features, including exceptional pumping speed, high ultimate vacuum, and low power consumption. Its robust design and advanced sealing technology ensure minimal maintenance and extended operational life.
ULVAC Gv135 pumps is poised to revolutionize various industries, including flat panel display production, semiconductor manufacturing, and vacuum coating. Its exceptional performance and reliability makes it an ideal solution for applications that need high vacuum level and precise control.
With the launch of the Gv135, ULVAC reaffirms its commitment to innovation and customer satisfaction. The company dedication to deliver high-quality and cutting edge vacuum solution gained reputation as a trusted partner for industries globally. The Gv135 oil rotary vacuum pump technology, empower business to achieve new level of productivity, success, and efficiency.
As per the Coherent Market Insights report, the global vacuum pump industry is set to soar at 7.29% CAGR from 2023 to 2030. By 2030, revenue is projected to reach at a sum of US$ 10.66 million from US$ 6.07 million in 2022. Growth is driven by the growing complexity of manufacturing process across various industries.
Vacuum pumps are versatile in nature that makes them an indispensable in various industries. This factor will contribute to the growing demand and adoption of vacuum pumps in various industries. Moreover, growing demand for vacuum pumps in packaging process to extend product shelf life will drive demand.
Additionally, vacuum pumps demand is also contribute to the metallurgical processes including vacuum induction melting and sintering. These are widely used in the production of alloys and advanced materials.
Vacuum pumps also lead in maintaining safe working environment by providing pressure control and is becoming crucial in chemical manufacturing process. It is also used in various chemical process including drying, crystallization, and distillation.
North America is poised to take centerstage in the global vacuum pump industry during the forecast period. This is owing to rising investment in end-user industries such as oil and gas, chemical, and power generation. Additionally, growing demand for shale gas in the U.S. are expected to fuel growth in the global industry.
Moreover, Europe is the second largest region in the global vacuum pumps industry by 2030. This is attributed by increasing demand for energy and rising environment awareness will provide an opportunity for growth.
