Vacuum Pump Market Share

Market Share of Vacuum Pump Industry

The vacuum pump market is fragmented due to the presence of prominent global and local players. Also, global investment in R&D in power generation infrastructure and facility upgrades in the oil and gas are the essential drivers that are giving intense rivalry among competitors. Key players are Gardner Denver Inc., Atlas Copco Group, Flowserve Corporation, etc.

In May 2022, Atlas Copco launched a new range of GHS VSD+ vacuum pumps. The new GHS 1402-2002 VSD+ series pumps have a new design for better performance, a smaller footprint, optimal oil separation, and an innovative new controller to support the use cases of Industry 4.0. The company offers these speed-driven screw pumps in three pumping speed classes.

In May 2022, Advik Hi-Tech, a leading automotive component manufacturer, announced that it had entered into an exclusive technology licensing agreement with Entecnia, Spain, for electric vacuum pumps for the braking systems of passenger cars. The partnership is expected to enable Advik to cater to OEMs entering the xEV’s space as well as help them reduce CO2 emissions for ICE vehicles.

Vacuum Pump Market Leaders

1. Ingersoll Rand Inc.

2. Atlas Copco AB

3. Flowserve Corporation

4. Busch Vacuum Solutions (Busch group)

5. Pfeiffer Vacuum GmbH (Pfeiffer Vacuum Technology AG)

*Disclaimer: Major Players sorted in no particular order