The Global Vacuum Valve Market will Hit $1.8 Billion by 2028, at a CAGR of 8%

Published Date: 30-Sep-2022

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Vacuum Valve Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Vacuum Valve Market size is expected to reach $1.8 billion by 2028, rising at a market growth of 8.0% CAGR during the forecast period.

The Pressure Control Valves market is showcasing a CAGR of 8.2% during (2022 - 2028). The valves allow the system pressure to be adjusted to change the torque on a hydraulic drive shaft or the force on a hydraulic cylinder. The high load in the circuit is set using pressure relief valves, which also guard against overloading. Pressure reduction valves permanently retain the pressure level at the set value while preventing the machine from overloading.

The High Vacuum (<10-3–>10-8 torr) market acquired the maximum revenue share in the Global Vacuum Valve Market by Pressure Range in 2021, thereby, achieving a market value of $851.9 million by 2028. High vacuum temperature range vacuum valves provide a low cost of operation and a long maintenance cycle. The demand for high-vacuum valves is primarily driven by rapidly expanding industries like semiconductors, flat-panel display manufacturing, lightning, and solar, as these valves are used in sub-fab processes, thin-film coating systems, display dry engraving, solar thin film deposition, and lightning thin film deposition.

The Flat-panel Display Manufacturing market has shown the high growth rate of 6.8% during (2022 - 2028). The size, weight, and energy consumption of a flat-panel display are all less than those of a cathode-ray tube (CRT). Vacuum and reducing emissions equipment that can handle large processing chambers and supply high gas flow rates with high reliability is required for flat-panel display (FPD) manufacturing.

The Asia Pacific market dominated the Global Vacuum Valve Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $720.2 million by 2028. The Europe market is estimated to witness a CAGR of 7.6% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 7.4% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/vacuum-valve-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Pfeiffer Vacuum Technology AG, MKS Instruments, Inc., CKD Corporation, SMC Corporation, Agilent Technologies, Inc., VAT Group AG, KITZ SCT Corporation, ULVAC, Inc., VTEX Corporation, and HVA LLC.

Global Vacuum Valve Market Segmentation

By Valve Type

  • Isolation Valves
  • Pressure Control Valves
  • Transfer Valves
  • Air Admittance Valves
  • Check Valves

By Pressure Range

  • High Vacuum (<10-3–>10-8 torr)
  • Low-to-Medium Vacuum (>10-3 torr)
  • Very High Vacuum (<10-8 torr)

By Industry

  • Semiconductor
  • Flat-panel Display Manufacturing
  • Analytical Instruments
  • Chemicals
  • Pharmaceuticals
  • Thin-film Coating
  • Food & Beverages
  • Pulp & Paper
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Pfeiffer Vacuum Technology AG
  • MKS Instruments, Inc.
  • CKD Corporation
  • SMC Corporation
  • Agilent Technologies, Inc.
  • VAT Group AG
  • KITZ SCT Corporation
  • ULVAC, Inc.
  • VTEX Corporation
  • HVA LLC

Unique Offerings from KBV Research

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  • Assured post sales research support with 10% customization free

Related Reports:

North America Vacuum Valve Market size & Opportunities 2022-2028

Europe Vacuum Valve Market & Growth Forecast 2022-2028

Asia Pacific Vacuum Valve Market Share & Industry Outlook to 2028

LAMEA Vacuum Valve Market Growth, Trends & Forecasts 2022-2028

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