Global Oil-Lubricated Rotary Vane Vacuum Pumps Market Size By Capacity, By End-User Industries, By Distribution Channels, By Geographic Scope And Forecast
Report ID: 60357|No. of Pages: 202
Global Oil-Lubricated Rotary Vane Vacuum Pumps Market Size By Capacity, By End-User Industries, By Distribution Channels, By Geographic Scope And Forecast
Oil Lubricated Rotary Vane Vacuum Pumps Market Size And Forecast
Oil Lubricated Rotary Vane Vacuum Pumps Market size was valued at USD 1.2 Billion in 2023 and is projected to reach USD 7.58 Billion in 2030, growing at a CAGR of 5% during the forecasted period 2024 to 2030.
Global Oil Lubricated Rotary Vane Vacuum Pumps Market Drivers
The market drivers for the Oil Lubricated Rotary Vane Vacuum Pumps Market can be influenced by various factors. These may include:
- Industrial Growth: There is a strong correlation between industrial activity and the need for oil-lubricated rotary vane vacuum pumps. Vacuum pumps are in greater demand for a variety of applications, including material handling, packaging, and processing, as a result of the expansion of numerous industries, including manufacturing, pharmaceuticals, and chemical processing.
- Technological Developments: Continuous breakthroughs in pump technology, such as enhanced materials, design, and efficiency, have the potential to propel market expansion. To make their products more effective and affordable, pump makers may include cutting-edge features and improvements.
- Energy Efficiency: Using hoover pump technologies that offer higher energy efficiency is becoming more popular as sustainability and energy efficiency become more important concerns. There may be a rise in demand for producers of oil-lubricated rotary vane vacuum pumps with higher energy efficiency.
- Research and Development: Manufacturers may create pumps with improved performance, less maintenance needs, and more durability by investing in research and development. These elements may favourably affect market expansion.
- End-User Sectors: The performance of end-user sectors including semiconductor manufacturing, food and beverage, automotive, and aerospace is intimately linked to the need for vacuum pumps. The need for vacuum pumps may increase in response to any development or expansion in these sectors.
- Globalization of Industries: Increased production and cross-border trade are frequent results of the globalization of industries. This can therefore fuel the need for hoover pumps throughout a range of geographical areas, particularly in developing nations.
- Tight Regulations: Adoption of more sophisticated and ecologically friendly hoover pump technology might be influenced by adherence to safety and environmental regulations. Manufacturers may benefit from a competitive edge if they fulfil or beyond regulatory criteria.
- Opportunities for Maintenance and Service: There may be a developing market for hoover pumps together with all-inclusive maintenance and service packages as industries come to understand the value of routine maintenance and servicing to prolong the lifespan of equipment.
Global Oil Lubricated Rotary Vane Vacuum Pumps Market Restraints
Several factors can act as restraints or challenges for the Oil Lubricated Rotary Vane Vacuum Pumps Market. These may include:
- Environmental Issues: Handling lubricating oils is necessary when using oil-lubricated rotary vane vacuum pumps, which may have an adverse effect on the environment. Alternative, environmentally friendly hoover pump technologies may become more prevalent as a result of strict environmental restrictions and the growing emphasis on sustainable practices.
- Competition from Dry Vacuum Pumps: Due to their lower maintenance needs and less impact on the environment, dry vacuum pump technologies—which do not require oil lubrication—have grown in popularity. These dry pump substitutes could compete with oil-lubricated rotary vane vacuum pumps in the market.
- High Maintenance Expenses: In comparison to certain other vacuum pump types, oil-lubricated rotary vane vacuum pumps may have greater maintenance expenses. Companies could search for less expensive options that require less upkeep over time.
- Energy Consumption: Even though technological developments are meant to increase energy efficiency, certain rotary vane vacuum pumps that are lubricated with oil may nevertheless require more energy than others. Such a pump may be limited by high energy costs or by an emphasis on energy conservation.
- Market Saturation: The demand for vacuum pumps may be saturated in developed markets, which would limit substantial development prospects for producers. Price pressure and greater competition may result from market saturation.
- Transition to Oil-Free Technologies: To reduce the possibility of contamination, industries that demand high standards of cleanliness, including the semiconductor and pharmaceutical manufacturing sectors, may favor oil-free hoover pump technologies. In certain applications, this change may restrict the market for oil-lubricated rotary vane vacuum pumps.
- Global Economic Uncertainty: Economic downturns or uncertainty may have an effect on industries’ capital expenditure plans, which may have an impact on their investment in vacuum pumps and other new equipment. A market slowdown may result from this.
- Pandemic Challenges: Events such as natural catastrophes, geopolitical tensions, or pandemics can cause disruptions in the global supply chain, which can affect the manufacture and delivery of vacuum pumps. Issues with the supply chain could impede the market’s expansion.
Global Oil Lubricated Rotary Vane Vacuum Pumps Market Segmentation Analysis
The Oil Lubricated Rotary Vane Vacuum Pumps Market is segmented based on Capacity, End-User Industries, Distribution Channels And Geography.
Oil Lubricated Rotary Vane Vacuum Pumps Market, By Capacity
- Small Capacity Pumps: Pumps designed for applications with lower fluid volume requirements.
- Medium Capacity Pumps: Suitable for moderate fluid handling needs in various industrial settings.
- Large Capacity Pumps: Designed to handle high volumes of fluids, catering to large-scale industrial operations.
Oil Lubricated Rotary Vane Vacuum Pumps Market, By End-User Industries
- Manufacturing: Pumps used in manufacturing processes for diverse applications.
- Chemical and Petrochemical: Specifically designed pumps for handling chemicals and petrochemical substances.
- Food and Beverage: Pumps suitable for the hygienic requirements of the food and beverage industry.
- Pharmaceuticals: Pumps meeting the stringent standards of the pharmaceutical sector.
- Semiconductor and Electronics: Pumps tailored for precision fluid handling in semiconductor and electronics manufacturing.
- Automotive: Pumps used in various automotive manufacturing processes.
- Aerospace: Specialized pumps catering to the unique needs of the aerospace industry.
Distribution Channels
- Direct Sales: Pumps sold directly by the manufacturer to end-users, allowing for direct communication and support.
- Distributors: Intermediaries that distribute pumps to various end-users, providing wider market coverage.
- Online Sales: Pumps available for purchase through online platforms, offering convenience and accessibility for buyers.
By Geography
- North America: Market conditions and demand in the United States, Canada, and Mexico.
- Europe: Analysis of the Oil-Lubricated Rotary Vane Vacuum Pumps Market in European countries.
- Asia-Pacific: Focusing on countries like China, India, Japan, South Korea, and others.
- Middle East and Africa: Examining market dynamics in the Middle East and African regions.
- Latin America: Covering market trends and developments in countries across Latin America.
Key Players
The major players in the Oil Lubricated Rotary Vane Vacuum Pumps Market can be categorized into:
- Busch Vacuum Pumps and Systems
- Gardner Denver Thomas
- Atlas Copco
- Pfeiffer Vacuum Technology
- Becker GmbH
- Jiaxing Ousheng Vacuum Machinery Co. Ltd.
- J.P. Vacuüm
- Toshin Seiki Co. Ltd.
- HHV Pumps Pvt. Ltd.
- Leybold GmbH
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2030 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Busch Vacuum Pumps and Systems, Gardner Denver Thomas, Atlas Copco, Pfeiffer Vacuum Technology, Becker GmbH, Jiaxing Ousheng Vacuum Machinery Co. Ltd., J.P. Vacuüm, Toshin Seiki Co. Ltd., HHV Pumps Pvt. Ltd., Leybold GmbH. |
| SEGMENTS COVERED | By Capacity, By End-User Industries, By Distribution Channels And By Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Top Trending Reports:
Global Dock Scheduling Software Market Size And Forecast
Global Solar Dryer Market Size And Forecast
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
1. Introduction
· Market Definition
· Market Segmentation
· Research Methodology
2. Executive Summary
· Key Findings
· Market Overview
· Market Highlights
3. Market Overview
· Market Size and Growth Potential
· Market Trends
· Market Drivers
· Market Restraints
· Market Opportunities
· Porter’s Five Forces Analysis
4. Oil Lubricated Rotary Vane Vacuum Pumps Market, By Capacity
• Small Capacity Pumps
• Medium Capacity Pumps
• Large Capacity Pumps
5. Oil Lubricated Rotary Vane Vacuum Pumps Market, By End-User Industries
• Manufacturing
• Chemical and Petrochemical
• Food and Beverage
• Pharmaceuticals
• Semiconductor and Electronics
• Automotive
• Aerospace
6. Oil Lubricated Rotary Vane Vacuum Pumps Market, By Distribution Channels
• Direct Sales
• Distributors
• Online Sales
7. Regional Analysis
· North America
· United States
· Canada
· Mexico
· Europe
· United Kingdom
· Germany
· France
· Italy
· Asia-Pacific
· China
· Japan
· India
· Australia
· Latin America
· Brazil
· Argentina
· Chile
· Middle East and Africa
· South Africa
· Saudi Arabia
· UAE
8. Market Dynamics
· Market Drivers
· Market Restraints
· Market Opportunities
· Impact of COVID-19 on the Market
9. Competitive Landscape
· Key Players
· Market Share Analysis
10. Company Profiles
• Busch Vacuum Pumps and Systems
• Gardner Denver Thomas
• Atlas Copco
• Pfeiffer Vacuum Technology
• Becker GmbH
• Jiaxing Ousheng Vacuum Machinery Co. Ltd.
• J.P. Vacuüm
• Toshin Seiki Co. Ltd.
• HHV Pumps Pvt. Ltd.
• Leybold GmbH
11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
12. Appendix
• List of Abbreviations
• Sources and References
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
|
|
| Demand side |
|
|
Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|---|---|
|
|
