What Has Been The Historical And Current Growth Of The Vacuum Valve Market?
The vacuum valve market has seen considerable growth due to a variety of factors.
• The market size for vacuum valves has seen a swift expansion in the past few years. The growth is projected to climb from $1.48 billion in 2024 to approximately $1.64 billion in 2025, progressing at a compound annual growth rate (CAGR) of 10.4%.
This notable growth in the historical period can be linked to the demand in industrial manufacturing along with the semiconductor and electronics industry, as well as healthcare and analytical instruments. Additionally, research and development activities, along with energy and power generation, have also played a significant role in this expansion.
What Is The Expected Growth In The Vacuum Valve Market Size?
The vacuum valve market is expected to maintain its strong growth trajectory in upcoming years.
• The market for vacuum valves is projected to experience accelerated expansion in the upcoming years, with its value expected to reach $2.51 billion in 2029, growing at a compound annual growth rate (CAGR) of 11.3%.
This projected surge during the forecasting period could be attributed to persisting industrial applications, progress in semiconductor technology, advancements in biomedical instruments, growth in analytical instrumental field, and renewable energy projects. Predominant trends during this period are expected to include a heightened emphasis on energy efficiency, broadening applications in thin-film deposition, and compliance to environmental regulations. Increased R&D investments aimed at improving performance, and the globalization of manufacturing are other significant forecast period trends.
What Key Factors and Trends are Driving the Growth of the Vacuum Valve Market?
The vacuum valve market anticipates growth driven by increased production of flat-panel displays used in consumer electronics. A flat-panel display, a kind of video display, is smaller in size, weight, and consumes less power compared to a cathode-ray tube (CRT). The creation of flat-panel displays (FPD) demands vacuum and emission reduction equipment, capable of managing large processing chambers and providing high gas flow rates reliably. Vacuum valves enable a process with no humidity, using less energy and being lighter in weight which is beneficial for flat-panel displays. As reported by Hindustan Times, an Indian daily newspaper, the FPD market is predicted to surge to more than $125 billion by 2024. As a result, the rise in flat-panel displays production for consumer electronics is bolstering the vacuum valve market's expansion.
What Are The Primary Segments In The Global Vacuum Valve Market?
The vacuum valve market covered in this report is segmented –
1) By Type: Pressure Control Valves, Isolation Valves, Transfer Valves, Air Admittance Valves, Check Valves
2) By Material: Stainless Steel, Aluminum, Glass, Polyvinyl Chloride, Other Materials
3) By Pressure Range: Low-To-Medium Vacuum (>10-3 torr), High Vacuum (<10-3–>10-8 torr), Very High Vacuum (<10-8 torr)
4) By Operation: Manual, Actuated, Other Operations
5) By End-Use: Analytical Instruments, Chemicals, Flat-Panel Display Manufacturing, Food And Beverages, Paper And Pulp, Pharmaceuticals, Semiconductors, Thin-Film Coatings, Other End Users
Subsegments:
1) By Pressure Control Valves: Relief Valves, Regulating Valves
2) By Isolation Valves: Ball Valves: Gate Valves
3) By Transfer Valves: Diverter Valves: Rotary Valves
4) By Air Admittance Valves: Automatic Air Admittance Valves: Manual Air Admittance Valves
5) By Check Valves: Spring-Loaded Check Valves: Silent Check Valves
Pre-Book The Vacuum Valve Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Key Trends Are Driving Changes In The Vacuum Valve Market Size?
Leading corporations in the vacuum valve market are prioritizing the creation of innovative solutions like vacuum conveyors to solve issues related to material handling. Vacuum conveyors serve as a conveyor system variant, harnessing suction to transport dry bulk solids like powders from one point to another within a manufacturing or production environment. The application of this example is evident when, in May 2022, Pfeiffer Vacuum, a company based in Germany known for its extensive services and product selection in the vacuum technology sector, inaugurated a new facility that sprawls over 40,000 square feet. This establishment caters to North American clientele across a diverse range of sectors, such as semiconductors, medical equipment, consumer electronics, pharmaceuticals, and automobile. Highlighting a Leak Detection Center of Excellence, it provides hands-on and immersive instruction on leakage detection technologies. This includes offering customers the opportunity to test components using an array of techniques, like air, helium, and hydrogen.
Who Are the Key Players in the Vacuum Valve Market?
Major companies operating in the vacuum valve market include:
• Parker Hannifin Corporation
• ULVAC Inc.
• CKD Corporation
• Agilent Technologies Inc.
• SMC Corporation
• MKS Instruments Inc.
• VAT Group AG
• Pfeiffer Vacuum Technology AG
• V-TEX Corporation
• Kurt J. Lesker Company
• Kitz SCT Corporation
• HVA LLC
• Shanghai Vacuum Valve Manufacturing Co Ltd.
• Leybold GmbH
• INFICON Holding AG
• Brooks Automation Inc.
• Edwards Vacuum LLC
• ANVER Corporation.
What Is The Most Dominant Region In The Vacuum Valve Market?
Asia-Pacific was the largest region in the vacuum valve market share in 2024. The regions covered in the vacuum valve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
