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VACUUM PUMP MARKET ANALYSIS

Vacuum Pump Market, By Type (Rotary Vacuum Pumps, Reciprocating Vacuum Pumps, Kinetic Vacuum Pumps, Dynamic Pumps, and Specialized Vacuum Pumps), By End-User Application (Oil and Gas, Electronics, Medicine, Chemicals, Food and Beverage, Power Generation, and Other End-user Applications), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) -

Vacuum Pump MarketSize and Trends

Figure 1: Global Vacuum Pump Market Share (%), By Region, 2022

The global vacuum pump market size was valued at USD 6.07 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 7.29% from 2022 to 2030. The vacuum pumps market is expected to grow at a significant rate during the forecast period due to the increasing need for efficient equipment...

Moreover, rapid growth of beverage industry worldwide, especially in alcoholic sector is also anticipate to provide business opportunities in the global vacuum pump market over the forecast period...Global Vacuum Pump Market Trends:

Growing adoption of consumer electronics is a major trend

Electronics such as smartphones, laptops, and other gadgets is increasing around the world...

Figure 2: Global Vacuum Pump Market Share (%), By Type, 2022  

                

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