Laboratory Vacuum Pumps Market size worth $ 1,926.47 Million, Globally, by 2028 at 5.32% CAGR: Verified Market Research®

The growing usage of highly efficient dry vacuum pumps is expected to fuel the laboratory vacuum pumps market growth. The Global Laboratory Vacuum Pumps Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Jersey City, New Jersey, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Laboratory Vacuum Pumps Market” By Product (Rotary Vane Vacuum Pumps & Dry Vacuum Pumps), By Application (Chemical, Pharmaceutical), and By Geography. According to Verified Market Research, the Global Laboratory Vacuum Pumps Market size was valued at USD 1,340.09 Million in 2020 and is projected to reach USD 1,926.47 Million by 2028, growing at a CAGR of 5.32% from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=172096

Browse in-depth TOC on “Laboratory Vacuum Pumps Market”

202 - Pages

126 – Tables

37 – Figures

Global Laboratory Vacuum Pumps Market Overview

The laboratory vacuum pumps play an important role in the pharmaceutical industry, finding a use for the manufacture of bulk drugs, intermediate products, or active pharmaceutical ingredients. The production of pharmaceutical products is subject to high-quality demands, and several process steps operate under vacuum, including degassing, vacuum distillation, and drying. Most vacuum pumps used in laboratories are oil-sealed, rotary vane pumps. Familiar forms include belt-drive and direct-drive models. There are two types of laboratory vacuum pumps such as dry vacuum pumps and rotary vane vacuum pumps. Dry vacuum laboratory pumps are environment-friendly and are implemented in freeze-drying, evaporation, crystallization, and sterilization processes. In addition, these pumps have high performance, low maintenance, and do not generate waste materials.

Dry vacuum pumps are the most advanced and have several advantages when compared with conventional pumps. One of the main advantages includes the non-requirement of oil, thus making it environmentally friendly. The highly efficient dry vacuum pumps provide a 40%-60% reduction in energy over conventional dry vacuum pumps, through a direct plug-in replacement. Moreover, the increased use of these pumps in a project leads to reduced operational costs and yields first-cost savings, by the downsizing of the central plant equipment and the electrical infrastructure.

In addition to this, dry vacuum pumps offer not only 100% oil-free operation but also achieve efficiency over the entire pressure range. Over the past few decades, the demand for laboratory vacuum pumps has been increased drastically in a variety of applications ranging from pharmaceuticals and biotechnology, chemicals, oil, and gas to agriculture. All these applications require specifically functioned vacuum pumps. The first integrated device consists of a vacuum gauge and a micropump, the second consists of a field-emission electron source and a micropump. This enables obtaining a more stable electron beam gun after residual gas removal. Such technological advancements and integration of various technologies with conventional vacuum pumps are expected to create substantial opportunities over the forecasted period. However, the strict government regulations, particularly in the healthcare segment, and fluctuations in the cost of raw materials are a few other restraints that might restrict the growth of the market for laboratory vacuum pumps.

Key Players

The major players in the market are Atlas Copco, ULVAC, Inc., Welch Vacuum (Ingersoll Rand), Leybold GmbH, Pfeiffer Vacuum, and Others.

Verified Market Research has segmented the Global Laboratory Vacuum Pumps Market On the basis of Product, Application, and Geography.

• Laboratory Vacuum Pumps Market, By Product

  • Rotary Vane Vacuum Pumps

  • Dry Vacuum Pumps

• Laboratory Vacuum Pumps Market, By Application

  • Chemical

  • Pharmaceutical

  • Others

• Laboratory Vacuum Pumps Market by Geography

  • North America

    • U.S

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • U.K

    • Rest of Europe

  • Asia Pacific

    • China

    • Japan

    • India

    • Rest of Asia Pacific

  • ROW

    • Middle East & Africa

    • Latin America

Browse Related Reports:

Industrial Pumps Market By Product (Centrifugal, Reciprocating, Rotary, Diaphragm), By Application (Oil And Gas, Chemicals, Construction, Power Generation), By Geography, Forecast, 2021-2028

Insulin Pumps Market By Product (Insulin Pump, Accessories), By Geography, Forecast, 2021-2028

Variable Frequency Drive Market By Type (AC Drives, DC Drives), By Power Rating (Micro Power Drive, Low Power Drive), By Application (Pumps, Fans, Compressors), By End-Users (Oil & Gas, Industrial), By Geography, Forecast, 2021-2028

Grinder Pumps Market By Product (Semi-positive displacement (SPD) Grinder Pumps, Centrifugal Grinder Pumps), By Application (Commercial Building, Municipalities, Residential Building, Distributor Connection), By Geography, Forecast, 2021-2028

Top 7 Centrifugal Pump Manufacturers connecting all pumping needs internationally

Visualize Laboratory Vacuum Pumps Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

CONTACT: Mr. Edwyne Fernandes Verified Market Research® US: +1 (650)-781-4080 UK: +44 (753)-715-0008 APAC: +61 (488)-85-9400 US Toll Free: +1 (800)-782-1768 Email: sales@verifiedmarketresearch.com Web: https://www.verifiedmarketresearch.com/ BI Enabled Platform: https://www.verifiedmarketresearch.com/vmintelligence/ Follow Us: LinkedIn | Twitter